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

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

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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)

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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

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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.

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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)