NASSCOM 10000 StartUps, along with IvyCamp, has announced a strategic alliance to bring startups, investors, mentors, and industry bodies on a single platform. The alliance aims to look at developing strategies and initiatives to bolster the IOT movement in Indian startup ecosystem.
The partnership further aims to work towards converging and exploring ways of working together to make the right kind of impact and come up with solutions that change the way people live and industries work.
The IvyCamp Platform will connect the industry participants to entrepreneurs for providing guidance on formulating & driving the IOT business. It will conduct activities throughout the year which will focus on seeking out, supporting and growing IOT innovations and ventures.
Rajat Tandon, Vice President, NASSCOM 10,000 startups said, “India’s digital revolution is at the tip of transformation right now.” He further added “The potential scope of disruptive technologies in India is vast, as they can have a massive economic impact. IOT is one such sector which is gradually gaining popularity.”
One of the key activities under this partnership will be to host an annual event R-IOT, Rendezvous for the IOT Ecosystem. The first event will be held in Mumbai on the 1st of July 2016 at the NASSCOM 10K StartUp Warehouse, Navi Mumbai. The event will educate on the latest innovations in IOT, challenges that the innovators face today and what is needed from the mentor and investor community.
The IOT StartUps will get an opportunity to to demonstrate their products to investors, mentors and corporate partners. Ivycamp will also be hosting an investor education program on financing IOT startups.
Since the launch of Nasscom 10000 Startups Program in April 2013, they have done about 600 events in 25 cities of the country. The program is supported by Google for Entrepreneurs, Microsoft Ventures, Kotak, Amazon Web Services, and IBM.