Domain+Tech Strategic Partnerships of 10,000 Start-ups NASSCOM’s 10,000 Start-ups program has successfully paved way for 3 inevitable trends that are shaping the Indian economy with the potential to shake things up: Digitalization, faster innovation cycles, and the rise of young, ambitious talent. Start-ups are both a consequence and an accelerating catalyst of these trends. It’s exciting to be here, but we have much to do. This ecosystem is growing in scale and strength and as we move forward, we are focused towards domain specific strategic partnerships to drive it to the next level of maturity in FY 2015. 1. The Program is partnering with AstroLabs Dubai, to navigate Indian Tech Startups to the MENA region. This association will give a tangible edge to support tech entrepreneurs emerging from the 10,000 Start-ups program, both with the physical space and with formal training programs.
2. The Program’s partnership with ValPro, an investment banking and financial advisory services to leverage a web based platform “Enablers” which facilitates start-ups and SME’s to connect with HNI’s, Angels, and VC’s for fund raising. It is a tool that makes entrepreneurs investor-ready and handhold them through various stages of fund raising.
3. The Program inked another association with CampusEAI Consortium, a leader in the world of higher education information technology services. CampusEAI EduTech Venture Fund invests in early stage enterprise software, Internet and mobile companies that target the education market or companies created from intellectual property technology transfer from colleges and universities.
4. To support early-stage companies in Healthcare and Life-sciences domain, we partnered with Escape Velocity Accelerator to review applications for selecting entrepreneurs into its incubation program.
“The EduTech Venture Fund has successfully funded eight early stage start-ups in the education industry and we are in search of our next round of investments,” states Anjli Jain, CEO of CampusEAI and Managing Director of CampusEAI’s EduTech Venture Fund. “Our partnership with NASSCOM’s 10,000 Start-ups program gives us an opportunity to expand our portfolio and existing investments in India-based start-ups and provide early-stage entrepreneurs with the mentorship, guidance and funds they require to be successful. We look forward to working with NASSCOM and accelerating the mission of the 10,000 Start-ups initiative.”
“We look forward to welcoming members of 10,000 Startups at AstroLabs Dubai, enabling their expansion into the growing Middle Eastern market and providing direct access to a region that has the highest smartphone penetration in the world.” said, Mr. Muhammed Mekki, Founding Partner, AstroLabs.
Watch for this space, More details, coming soon!