After announcing an accelerator program for startups in India in April, Oracle has announced its first batch of first firms. The idea behind the programme is to help India’s startup ecosystem and to support to the Digital India initiative.

The first which have been selected include a plug-n-play search and recommendation engine for online marketplaces ExpertRec; a Fin-Tech startup focussed on alternate payment mechanisms, Niyo Solutions; a sleep monitoring device for Epilepsy, Sudden Infant Death Syndrome and Cardiac Attacks, Ray iCare; a mobile-first, automated employee on-boarding platform, Tydy and an AR/VR technology platform Vear.

“The entrepreneurial spirit in our country is going through a complete revolution. We see cloud technology playing a crucial role in enabling this change,” said Sanket Atal, Group Vice President of Development, Oracle India. “I would like to welcome these startups and look forward to working with them to build their business ideas for a better tomorrow,” he added.

The finalised startups will get mentorship from Oracle and industry experts, 24×7 access to a co-working space within Oracle’s premises, and access to Oracle’s vast ecosystem of customers and partners along with its cloud services.

Source: The Economic Times