Info-tech

Nasscom, IBM launch Techstartup in Delhi

Our Bureau New Delhi | Updated on January 22, 2018 Published on December 07, 2015

Rajat Tandon

To act as centralised hub for India’s tech ecosystem, connect people to businesses

In an effort to accelerate digital transformation at the start-up level, Nasscom in partnership with IBM on Monday launched Techstartup.in Delhi on IBM Cloud.

Techstartup.in was first launched in Bangalore in October and the new localised Delhi version of the site is designed to help stimulate innovation in Delhi while spurring growth within the entire Indian start-up economy.

The portal will serve as a centralised hub for India’s tech ecosystem city by city providing information and resources to help turn ideas into businesses, deliver valuable tools for tech start-ups, and connect citizen entrepreneurs to opportunities in the tech ecosystem.

Built 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.

Additionally, as part of its commitment to the global start-up community, IBM will offer up to $120,000 of free IBM Cloud credits for local qualified start-ups to use as they build their businesses on IBM Cloud.

This is a platform for the entire Indian start-up and product ecosystem to network, stimulate local innovation and grow the economy, the IT industry body said.

“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 start-ups, and ultimately ensure India is at the centre of technology innovation,” Rajat Tandon, Vice President, Nasscom 10,000 start-ups, said.

Techstartup.in, a playground for 10,000 start-ups will further support the progressive phase of start-ups in India, he said.

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 this year.

With over 100 per cent growth in number of investors along with a 125 per cent growth in funding over last year, the Indian start-up ecosystem has risen to the next level, it said.

The total funding in the India based start-ups is estimated to be nearly $5 billion by the end of 2015.

“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,” Sandy Carter, General Manager, Cloud Ecosystem and Developers, IBM, said.

Published on December 07, 2015
This article is closed for comments.
Please Email the Editor