To boost mergers and acquisitions in the Indian startup ecosystem, 32 established technology startups will participate in Startup Bridge, an event to forge long-term relationships with Fortune 500 companies, eyeing mergers, acquisitions and partnerships with these companies. A highly-curated list of startups, including, Freshdesk, Practo, Capillary Technologies, Helpshift, Zenoti, Arya.ai, Innovaccer, CloudCherry, among others will engage in “match-making” sessions with large technology giants, including, Google, Facebook, Microsoft, Nutanix and Salesforce to evaluate integration opportunities.
“Before two people decide to get married, they date for a while. That’s what we are trying to do through this event,” says iSPIRT’s Sharad Sharma, adding that the event would include match-making sessions, where two companies with similarly inclined goals get together and explore future possibilities. The event hosted by software product think tank iSPIRT along with The Indus Entrepreneurs (TiE) will be held in Stanford on December 2.
“We have selected startups that stand out in either of these areas: They operate in the deep tech space, they have a huge growth velocity or they are reaching for a large scalable market,” Sharma said.
Many of the selected startups, including, customer management software providers Freshdesk and Helpshift, already serve a large market overseas, while also being headquartered in the US.
Through other relatively younger startups -such as CloudCherry, a customer analytics solution startup, health and fitness app maker HealthifyMe and enterprise assistant solution Vymo -the event will help highlight technology solu tions being built by Indian startups with an intent of sparking global interest in their solutions. “The event will provide a rare opportunity for startups like ours to connect with all global tech giants at a single forum,” says Vinod Muthukrishnan, CEO, CloudCherry.
The list of startups features a variety of organisations, from those with deep technology focus to companies with over $10 million in annual revenue, operating in the softwareas-a-service (SaaS) space.
Source: Economic Times
