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Telangana to introduce new policies during Microsoft CEO’s visit

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Hyderabad: Aiming to make Hyderabad the country’s top information technology destination, the Telangana government will launch four new policies for IT, innovation, gaming and animation and hardware on December 28 during Microsoft CEO Satya Nadella’s visit.

Telangana Information Technology Minister K. Tarakarama Rao told reporters on Saturday that they plan to hold a big event during Nadella’s visit to T-Hub, billed as India’s largest technology incubator.

The government has requested Nadella to unveil policies for IT, innovation/startups, Innovation in Multimedia, Animation, Gaming and Entertainment (IMAGE) and Electronic System Design Manufacturing (ESDM).

The minister announced this while inaugurating incubator for IMAGE, developed by Software Technology Parks of India (STPI) in collaboration with the state government.

Referring to the floods in Chennai which hit the IT sector, the minister said Hyderabad has the unique opportunity as no other city is as safe as Hyderabad.

“No other city is shielded from natural calamities like cyclones, typhoons and earthquakes. We have to seize this opportunity and work for it,” he said.

KTR, as the minister is popularly known, said with the initiatives taken by the government during last 16 to 18 months, Hyderabad had re-asserted itself as one of the premier destinations of IT in the country.

“But we are not completely content with this. We have bigger plans. Multiple initiatives have been taken and with the kind of planning and policy support, we hope that Hyderabad will be the top destination in the country in a couple of years,” said KTR, who is the son of Telangana Chief Minister K. Chandrasekhar Rao.

(IANS)

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Facebook, T-Hub Pick 10 Indian Start-ups for Support Programme

The other start-ups that were shortlisted include Greenturn Idea Factory, Sensegrass, Marut Drones, Shortlist Professionals and Innerhouse

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FILE - The logo for Facebook appears on screens at the Nasdaq MarketSite, in New York's Times Square, March 29, 2018. VOA

Social media giant Facebook and T-Hub, a Hyderabad-based global start-up catalyst, on Wednesday announced the 10 start-ups they have selected for the second edition of their “India Innovation Accelerator” programme.

Announced in May, the programme will support the growth of start-ups focused on finding solutions for social challenges using Artificial Intelligence (AI) in areas of good health and wellbeing, agriculture, clean water and sanitation, decent work and economic opportunities, industry, innovation & infrastructure, climate change and peace and justice and strong institutions.

“At Facebook, we believe Artificial Intelligence will be key to finding disruptive solutions to address societal challenges like access, affordability, and skill shortage. We are excited to champion next generation of tech start-ups applying AI for social good and accelerate their development by giving them access to expertise,” Manish Chopra, Head and Director of Partnerships, Facebook India, said in a statement.

The 10 cohort start-ups include Mumbai-based ftcash which aims to empower micro-merchants and small businesses with the power of credit using digital payments.

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FILE – Attendees walk past a Facebook logo during Facebook Inc’s F8 developers conference in San Jose, California, United States. VOA

While another start-up, StaTwig, is building Blockchain based solutions to ensure that every child is vaccinated with high quality vaccines, Signzy has built a digital trust infrastructure which enables completely secure digital on-boarding using the AI assisted on-boarding (RealKYC), Algorithmic Risk Intelligence (ARI), and Blockchain technology to store and verify consumer information.

Blue Sky Analytics, a geospatial data intelligence start-up, and Pensieve that aims to democratise legal data and make it accessible to the common man were also selected.

Also Read: Google Closes its Controversial Chinese Search Engine Project

The other start-ups that were shortlisted include Greenturn Idea Factory, Sensegrass, Marut Drones, Shortlist Professionals and Innerhour.

The India Innovation Accelerator will support the growth of these start-ups in many ways. A panel of mentors, industry experts, investors, will provide hands on operational support and mentoring with specialised training on product development, marketing, partnerships, management. (IANS)