A perennial shift is been tendering towards the start-up level, now National Association of Software and Services Companies (NASSCOM) and IBM pools to launch Techstartup.in Delhi on IBM Cloud.
Just after Bangalore, the Delhi version is designed to help stimulate innovation in Delhi catering as a centralized hub for India’s tech ecosystem city by city providing information and resources to help turn ideas into businesses, deliver valuable tools for tech startups, and connect citizen entrepreneurs to opportunities in the tech ecosystem.
Commenting on the rollout, Rajat Tandon, Vice President, NASSCOM 10,000 Start-ups said, “With Techstartup.in we want to democratize access to key resources and information across the country digitally connecting India’s expanding tech-preneurs. Building it together in support with IBM, it will be a personification of a united commitment to increase jobs, train the workforce of the future, support new startups, and ultimately ensure India is at the centre of technology innovation”.
Structured on IBM Cloud, TechStartup.in will be updated regularly using tools from Bluemix, IBM’s cloud platform that includes tools for social, mobile, analytics, cloud integration, Internet of Things, Watson cognitive computing and more.
Committed to spine the Global startup ecosystem, IBM will offer up to $120,000 of free IBM Cloud credits for local qualified startups to use as they build their businesses on IBM Cloud.
“Our collaboration with NASSCOM helps IBM deliver on its commitment to empower entrepreneurs on both the local and global levels. Techstartup.in allows Indian start-up communities to experience first-hand the benefits of IBM Cloud, while providing a supportive environment for the entire start-up ecosystem to connect, learn, network and thrive in both the local and global marketplaces added Sandy Carter, General Manager, Cloud Ecosystem and Developers, IBM.”
Techstartup.in, a playground for 10,000 start-ups will further support the progressive phase of start-ups in India. As per NASSCOM Start-up Report 2015, within one year, the number of start-ups in India has grown by 40 per cent, and this number is expected to cross 4,200 by the end of 2015. With over 100 per cent growth in number of PE/VCs/Angel investors along with a 125 per cent growth in funding over last year, the Indian start-up ecosystem has risen to the next level. The total funding in the India based start-ups is estimated to be nearly $5 billion by the end of 2015.