In order to accelerate digital transformation at the start-up level, Nasscom, in partnership with IBM, launched the Delhi version of Techstartup.in on IBM Cloud.
Techstartup.in was first launched in Bengaluru in October and the new localised Delhi version of the site, designed to help stimulate innovation while spurring growth within the Indian start-up economy, was unveiled.
The portal will serve as a centralised hub for India’s tech ecosystem city-by-city, providing information and resources to help turn ideas into businesses, deliver valuable tools for tech start-ups, and connect citizen entrepreneurs to opportunities in the tech ecosystem.
Built on IBM Cloud, TechStartup.in will be updated regularly using tools from Bluemix, IBM’s cloud platform that includes tools for social, mobile, analytics, cloud integration, Internet of Things, Watson cognitive computing, and many more. Additionally, as part of its commitment to the global start-up community, IBM will offer up to $120,000 of free IBM Cloud credits for local qualified start-ups to use as they build their businesses on IBM Cloud.
According to Vice-President Nasscom, Rajat Tandon 10,000 Start-ups, “Building it together in support with IBM, it will be a personification of a united commitment to increase jobs, train the workforce of the future, support new start-ups, and ultimately ensure India is at the centre of technology innovation.”
As per Nasscom start-up Report 2015, the number of start-ups in India has grown by 40 per cent within one year, and this number is expected to cross 4,200 by the end of this year.
With over 100 per cent growth in number of investors, along with a 125 per cent growth in funding over last year, the Indian start-up ecosystem has risen to the next level, it said.
The total funding in India-based start-ups is estimated to touch nearly $5 billion by the end of 2015.
According to General Manager (Cloud Ecosystem and Developers), IBM Sandy Carter, “Techstartup.in allows Indian start-up communities to experience the benefits of IBM Cloud first-hand, while providing a supportive environment for the entire start-up ecosystem to connect, learn, network and thrive in both the local and global marketplaces.”
Source: Business Line