wordpress blog stats
Connect with us

Hi, what are you looking for?

NASSCOM Launches 10,000 Startups Program with IAN, Google & Microsoft; Partners & Program Details

National Association of Software & Services (NASSCOM) has launched a new initiative called '10,000 Start-ups', through which it aims to incubate, fund and support 10,000 technology start-ups in India over the next ten years. The organization has partnered with Indian Angel Network for this initiative and it is being sponsored by Google, Microsoft and Verisign. It appears that this program is trying to position itself in the ranks of similar programs run in other countries like Startup Chile. What does the program offer: The program will include early stage funding between 5 lakh to 2 crores, around 3-4 months of incubation, working space and access to potential investors, mentors among others. The organization mentioned that startups will also receive a start-up kit with technology tools worth $100,000, which includes Microsoft Azure credits, Amazon AWS credits, Google App Engine, Google Apps for Business, Google Adwords, and Makemytrip Discount coupons among others. While the release mentions that the applications for this program opens today, we got an alert on the 10000 Startups website which stated that the applications will open soon, at the time of writing this article. It also appears that there are separate application process for angel funding and the accelerator programs. For Angel funding, the initiative plans to offer funding from Rs 25 lakh to Rs 2 crore from various angels, while in the accelerator program, it plans to offer funding of Rs 5-10 lakh. Its also worth noting that the deadline for angel funding applications is April 30, 2013, while the applications for the acceleration program close by…

Please subscribe/login to read the full story.
Written By

Free Reads

News

The tech giant will only have a minor stake in Anthropic and hence won't be part of its board.

News

The Board said that Meta’s approach to moderating content using “shaheed” to refer to individuals designated as dangerous “substantially and disproportionately restricts free expression.”

News

Foreign fintech entities like Google Pay and PhonePe are dominating the UPI market and CCI has been urged to regulate this in the past.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ