Bengaluru: The next step for enterprise startups is to go global and Microsoft is focusing on helping 14 startups in its latest cohort of its accelerator program. The startups are all in their late stage, having an average age of 3.5 years and an employee size of 80 employees.
The startups will also be given access to Microsoft’s tech stack and Azure technologies to make use of its advanced cloud services in areas such as – Big Data, IoT, Advanced Analytics and Cognitive Services to scale their products and serve enterprise clients.
The current batch includes online learning platform Simplilearn, IT solution company Clonect Solutions, and an Indonesia-based artificial intelligence startup Kata.AI. Speech recognition startups Liv.ai, MegDap, are also in the batch. The others are Omnichannel retail management platform Ace Turtle, social learning platform VideoKen, online app for for retail trading Udaan, document management service DocsWallet, blockchain application KrypC, digital solution provider for banks I-exceed, intelligence compliance management GIEOM, hotel management platform Hotelogix, and display BOT platform, MintM.
Since shifting the focus of the program to later-stage startups, Microsoft Accelerator has had enterprise companies like CRM platform Cloud Cherry, video assessment platform Talview, customer experience management Customer XP, Altizon, and others use their customer and partner network and scale up.
The Accelerator has also formed strategic partnerships with various corporates, including TCS, Temasek and Wipro to help the startups with their GTM efforts globally.
Source: Times of India
