NASSCOM "Startup Warehouse" Launched In Bangalore
NASSCOM has already rolled up its sleeves to make sure that India doesn't fall back in the global startup race. It's launched the 10,000 startups initiative in association with Google and has partners like Microsoft and Verisign. The initiative aims at nurturing about 10,000 startups in India. As a part of this initiative, NASSCOM launched 'Startup Warehouse' in Bangalore today.
The startup warehouse has 80 workstations and is open to accepting startups that have been funded by angel investors. NASSCOM VP, Rajiv Vaishnav informed the media that the initiative is aimed at boosting up the startup ecosystem in India.
The overall idea is to make sure that the startups reach to a stand-along entity stage within an year of incubation. The companies then can move out so that other new startups can take advantage of the warehouse. The initiative has already received interest from over 4000 startups in India. About 3332 startups have been selected for the next round of elimination.
Via: Nasscom: Start-up warehouse to nurture 10,000 companies, says Nasscom - The Economic Times
The startup warehouse has 80 workstations and is open to accepting startups that have been funded by angel investors. NASSCOM VP, Rajiv Vaishnav informed the media that the initiative is aimed at boosting up the startup ecosystem in India.
The overall idea is to make sure that the startups reach to a stand-along entity stage within an year of incubation. The companies then can move out so that other new startups can take advantage of the warehouse. The initiative has already received interest from over 4000 startups in India. About 3332 startups have been selected for the next round of elimination.
Via: Nasscom: Start-up warehouse to nurture 10,000 companies, says Nasscom - The Economic Times
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