Candor inks pact with B’luru Metro for biz incubation centre

Candor Management Services announced that it has signed a definitive agreement with Bangalore Metro Rail Corporation to set up a new business incubation centre at the ‘Namma Metro’ Trinity Station. Branded “candorHUB”, the centre will nurture startups in bringing their innovations to market efficiently, providing them with an array of startups advisory, business support, co-working space and structured training programs, Candor said.

It would extend much needed linkages with industry sponsors, mentors, investors, and accelerators, the company said in a statement here. “We will extend full support to Candor in setting up their new business incubation centre at Trinity metro station,” said U A Vasanth Rao, General Manager Finance (Taxation & Resources), Bangalore Metro Rail Corporation Limited.

“By spurring creativity and mitigating avoidable risks in early stage startups business lifecycle, the startup incubation ecosystem will increase rate of success and time taken to gain customer traction for new innovations,” said Thirumurugan Subramanian, Managing Director Candor Management Services and Principal, candorHUB.

Candor Management services offers manpower staffing, learning and leadership development, technology and automation (Smart factory/IoT) and corporate services to clients across retail, manufacturing, healthcare, education, IT and ITES industry verticals.

Source: moneycontrol.