VGL is a vertically-integrated electronic retailer of fashion jewelry and lifestyle products in the US and the UK. VGL reaches almost 100 million households through its TV Shopping channels – ShopLC in the US and The Jewellery Channel (TJC) in the UK.
Spark is VGL's Incubator to help the startups to maximize their opportunity for success.
What are we looking for?
1. Innovative early-stage Startups who have a validated product/solution
2. Product or solutions relevant to VGL’s core business value chain
The solution can include unique designs, green materials, latest technologies, and find creative ways to attract new customers and reward our existing consumers for their loyalty.
1) Sustainable Packaging: Technologies and solutions capable of reducing the environmental impact by fostering packaging recycling and reusing
2) Intelligent Packaging: Technologies capable of monitoring consumer’s actions and submitting automatic personalized information to consumer himself and companies
3) Interactive packaging: Sensors, GPS, and RFIDs capable of monitoring and submitting important information such as packaging’s position, temperature, damages, etc.
4) New packaging materials: Organic, edible, and other innovative packaging materials aimed at reducing production costs and increasing usability
5) Packaging optimization: New technologies and innovative solutions capable of optimizing packaging size, weight, and production processes
Successful applicants will be awarded the opportunity to pilot their packaging solutions with Vaibhav Global Limited, in exchange for equity and investment to fund the pilot, mentorship, and other services. Our ambition is that pilot might lead to long term strategic partnerships.
1. Prove their technology by working with some of our innovative products to deliver pilot projects
2. Work collaboratively with world-class business leaders, brand marketers, and mentors
3. Leverage the global reach and influence of Vaibhav Global limited to scale up solutions
Funds up to INR20M
Funds5 startupsper year
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