Home Lead Story Six Start-Ups...

Six Start-Ups Graduate As A Part Of NetApp Excellerator Programme

These six start-ups were carefully selected from over 450 applications

0
Six Start-Ups Graduate As A Part Of NetApp Excellerator Programme
Six Start-Ups Graduate As A Part Of NetApp Excellerator Programme. Flickr

Data storage and management company NetApp on Thursday announced the graduation of its second cohort of six start-ups as part of the NetApp Excellerator programme.

The six start-ups — SigTuple, Nanobi, ArchSaber, Anlyz, Dataken and BlobCity — demonstrated their achievements and progress to venture capitalists, NetApp executives and prominent industry leaders.

The programme is designed to help enterprise start-ups achieve their full potential through mentorship with one of NetApp’s largest R&D teams.

“These six start-ups were carefully selected from over 450 applications. Our mentors and in-house technology experts took great care in creating custom programmes for each of them. Through their time with the NetApp Excellerator Programme, SigTuple, one of the participating start-ups received funding,” said Ajeya Motaganahalli, Senior Director and Leader of the NetApp Excellerator Programme.

NetApp Excellerator Programme
NetApp Excellerator Programme, Flickr

“Anlyz and BlobCity initiated multiple proof-of-concept projects, and some big customer wins for a couple of other start-ups. By the end of the programme, each of them had fine-tuned their approach, products, target market and Cloud strategy,” Motaganahalli added.

Applications for the third cohort are open until August 5.

Also read: Cisco And NetApp Declare New And Developed Cloud-Based Solutions

The company said that start-ups working in areas related to IOT, Cloud, big data and analytics, machine learning (ML), virtualisation, data security, storage, data management and other adjacent areas can apply. (IANS)

Next Story

Report by NAASCOM Reveals Addition of over 1,300 Start-ups in India in 2019

While Bengaluru, Delhi-NCR, and Mumbai are home to 55-58 per cent start-ups in India, Jaipur, Ahmedabad, Kolkata and Kochi are the emerging start-up hubs in the country, said the report that Nasscom brought out in collaboration with global management and strategy consulting firm Zinnov

0
Over 31 million people of Indian birth or descent are part of the Indian diaspora spread around the world. Of them, 3.1 million, or 10 per cent, are Indian-Americans living in the US.
The start-ups by Indian immigrants increased seven per cent over the prior period and a full 33.2 per cent of all start-up companies were founded by Indian Americans. Pixabay

India added over 1,300 start-ups, including 7 unicorns in 2019, making the country the third biggest start-up ecosystem in the world behind China and the US, according to a new report from industry body National Association of Software and Services Companies (Nasscom).

The total funding received by start-ups in 2019 stood at $4.4 billion, said the report, adding that total investment in the start-up ecosystem increased by 16 per cent year-on-year in 2019.

The cumulative valuation of the start-ups has now crossed $55 billion. The addition of 7 new unicorns in 2019 has brought up their overall number to 24, according to the report titled “India’s Tech Start-up Ecosystem”.

These 7 unicorns are Pune-based software company Icertis, Bengaluru-based Ola Electric, Delhi-based logistic courier service provider Delhivery, Gurugram-based cargo service Rivigo, Pune-based data protection and management-as-a service Druva, Mumbai-based fantasy sports platform Dream11 and Bengaluru-based online grocery store BigBasket.

The Indian start-up ecosystem has the potential to grow four times by 2025, it added.

Technology, Entrepreneurship, Resources
The approach is to create a bridge between the ‘physical’ and the ‘digital’, and between rural and urban through well-designed platforms, thereby amplifying the possibilities for creating start-ups across the country. Pixabay

“There are multiple levers propelling this remarkable growth of the ecosystem that are bolstering the Indian start-ups as well as creating an environment conducive for continued innovation,” said Nasscom president Debjani Ghosh.

“What stands out most starkly in this report is how various elements of the ecosystem are coming together in symphony to give rise to an orchestra of innovation – right from government support, evolution of the investor landscape, increase in participation from the corporates, growth of national digital infrastructure, to incredible global exposure,” she said.

Also Read: Twitter Trolls Chetan Bhagat for Being ISRO’s Chief Guest: Report

The report showed that during 2014-2019, an estimated 8,900 to 9,300 start-ups were born, with their overall base growing at 12-15 per cent year-over-year.

While Bengaluru, Delhi-NCR, and Mumbai are home to 55-58 per cent start-ups in India, Jaipur, Ahmedabad, Kolkata and Kochi are the emerging start-up hubs in the country, said the report that Nasscom brought out in collaboration with global management and strategy consulting firm Zinnov. (IANS)

Next Story

Google Partners Social Alpha to Support Social Impact Start-ups in India

Google Developers Launchpad is a branch of Google that operates a global acceleration programme which helps start-ups around the world to grow

0
google
FILE - A woman walks past the logo for Google at the China International Import Expo in Shanghai, Nov. 5, 2018. VOA

Tata Trusts’ initiative Social Alpha said on Tuesday it has entered into a partnership with Google Developers Launchpad to support social impact start-ups in Indias growing start-up ecosystem.

The partnership – Social Alpha Powered by Google Developers Launchpad – is designed to help start-ups gain access to resources including expert mentors, tools, and methodologies for building businesses that can drive meaningful impact on the technology ecosystem.

This initiative will enable Social Alpha to create learning programmes based on information and resources aggregated from a select group of the world’s top accelerators.

Social Alpha will also access Google’s global network, insights from the company’s Silicon Valley-based start-up programmes and Google’s research and best practices on building businesses, products, and teams.

“As we continue to build and grow the lab-to-market ecosystem for high impact innovations in India, our portfolio companies need access to world class technologies especially in the areas of data science and machine learning,” Manoj Kumar, Founder and CEO of Social Alpha, said in a statement.

amazon
FILE – The Google logo is seen at a start-up campus in Paris, France, Feb. 15, 2018. VOA

“Our partnership with the Google Developers Launchpad program will address this gap, and help unlock the immense potential that resides in these start-ups,” Kumar said.

This partnership will focus on supporting start-ups that have the potential and / or are already incorporating Artificial Intelligence and Machine Learning Technologies in their work.

Also Read: Social Robots Can Now be Conflict Mediators: Study

“Google Developers Launchpad doesn’t take an equity stake in accelerator portfolio start-ups, but instead focuses on developing companies and their ecosystems over the long term,” said Kevin O’Toole, Google’s Head of International Growth for Launchpad.

Google Developers Launchpad is a branch of Google that operates a global acceleration programme which helps start-ups around the world to grow. (IANS)

Next Story

Facebook Gearing up to Make Investment in Technology Start-ups in India

More than 30 speakers, investors and industry challengers are also part of Huddle Kerala

0
Social Media, Facebook, Authenticity, Posts
The social media application, Facebook is displayed on Apple's App Store, July 30, 2019. VOA

Social media major Facebook is gearing up to make substantial investments in technology start-ups in India, a top official from the company said here on Friday.

Ajit Mohan, the company’s India vice-president and managing director, said they are willing to make direct investments in technology start-ups in India.

“We are willing to spend our time and energy to tap the massive depth of engineering talent in the country,” said Mohan while addressing the opening session of the second edition of ‘Huddle Kerala 2019,’ a start-up meet here.

“A couple of months ago, we announced the first minority investment that Facebook has done anywhere in the world in a company called Meesho. What Meesho does is it relies on the existing behaviour of communities in India and leverages on women entrepreneurs essentially pitching products to their friends and families,” added Mohan.

Fake, News, WhatsApp, Facebook, India
The Facebook mobile app on an Android smartphone. Wikimedia Commons

He went on to add that the best thing about their model was it could bring 2,00,000 first-time female entrepreneurs online.

“It is an innovation that was coming out of India which can be exported to the rest of the world, and that model has scaled a dramatic impact in job creation. Any analysis of the economy, most of the job creation happens from small business,” he said.

Also Read: Tech Giant Google Celebrates its 21st Birthday with Retro Doodle

Anil Agarwal, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), said other states should replicate the Kerala model in building the start-up ecosystem.

“Around 1.95 start-ups are getting registered every hour in the country. In the next month, it may be two start-ups per hour. We have 22,895 registered start-ups in the country as per the records till September. Around 45 per cent of start-ups have come from tier-2 and tier-3 cities. About 9 to 10 per cent start-ups have women as founders, and we have to promote women entrepreneurs,” said Agarwal. (IANS)