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Tata Consultancy Services (TCS) has joined hands with Startupbootcamp FinTech, a technology accelerator, in a bid to deepen its association with the start-up community.
The country’s largest software exporter will organise ‘Pitch Days’, which refer to day-long events where early-stage start-ups in the financial technology space can gain exposure.
The event will be held at TCS campuses in Mumbai and Bengaluru on February 24 and February 26, respectively.
“India has a rich history of promising start-ups and we believe that programmes like this will benefit the thriving technology start-up community in India and help showcase the country’s tremendous enterprise to the global investing community,” said K Ananth Krishnan, Chief Technology Officer of TCS.
Ten start-ups will be chosen to participate in a 13-week long accelerator programme in London or Singapore. They will get three months of free office space, €15,000 in cash per team, €450,000 in partner services and exposure to 200 angels and venture capitalists.
Indian IT companies are increasingly wooing start-ups in the areas of retail, healthcare and data analytics, to ensure they don't miss out on the next big thing. Infosys and Wipro have setup innovation funds worth $500 million and $100 million, respectively, to nurture emerging firms.
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