Intel comes on board at phase 3 of NASSCOM's 10,000 startups initiative
Bangalore, June 30, 2014: The National Association of Software and Services Companies (NASSCOM) today announced the commencement of the third phase of its 10,000 Startups initiative by opening-up of applications from technology startups across the country.
It announced the launch of the NASSCOM Technology Startup Registry which will act as a repository of India’s technology startups in the web, mobile, e-commerce, SAAS, marketplace space and will act as a discovery platform for investors, enterprises, media and government authorities.
Said R. Chandrashekhar, President, NASSCOM: “India is emerging as the hotbed for technology startups and the NASSCOM 10,000 startup program will continue to partner with all stakeholders to help India emerge as an innovation hub. The first two phases had attracted 7000 applications of which 529 were shortlisted and 125+ benefitted by way of receiving funding, acceleration, mentoring, co-working space, enterprise connects and showcase opportunities through the program. We hope that the third phase brings up more such innovative tech start-ups with some brilliant products/solutions that impact not just the business but citizens across the globe."
The third phase will also see global leader in computing innovation – Intel to come on board as an industry sponsor and would collaborate with the initiative to make India a hotspot in the Internet of Things.
For a few days, we have a video on the 10,000 startups programme in our home page Tech Video spot