Reliance Industries-led start-up accelerator programme, the GenNext Innovation Hub, has been successfully nurturing digital entrepreneurship in India, putting the country on the global map as a start-up and innovation hub.
RIL’s programme, in partnership with Microsoft Ventures, celebrated the graduation ceremony of nine start-ups this week, with an aim to bring global exposure to the fledgling startup ecosystem in the country.
Among the startups which were impressed with their ideas and were able to find an investor are Codemojo which helps in increasing daily and monthly active user base, DATTUS which seeks to provide seamless hardware and software solutions to sense, connect, visualize and analyze industrial equipment to ensure a long lifespan and to reduce the cost of maintenance, Happy2Refer (H2R) which plans to change the hiring landscape by leveraging the power of multi-degree referrals to spot and engage passive talent and Megdap – a language technology platform for near time and accurate language translation.
GenNext Innovation Hub has now invited applications for the winter 2016 programme to build a unique platform for start-ups to engage in its own ecosystem of businesses, and potentially partner for large scale enterprises. The last date for application is October 2, 2016.
With its structured programme, GenNext Hub is able to revisit, refine and reinforce the start-ups’ core product offering and business model. Its rich mentor panel consists of thought-leaders, industry icons, subject matter experts and established entrepreneurs. Along with the external mentors, startups at GenNext Hub also have access to select leaders of RIL for business and technology guidance. The resources made available through GenNext Hub’s global partner network offers startups a holistic support system. Startups leverage the networking events organized by GenNext Hub for both customer and investor connects.
What truly makes GenNext Hub a Scalerator is the unparalleled access to Reliance Industries Limited (RIL) for the start-ups to potentially collaborate and co-innovate. With its diverse portfolio of businesses across various sectors and domains, RIL is able to provide the testing bed for the start-ups to validate their technology and business, execute Proof of Concept (PoC) and develop win-win partnerships.
Source: Times of India
