In June of last year NetApp Inc., a Fortune 500 American multinational storage and data management company, launched its startup accelerator programmes NetApp Excellerator Programme in India. Now after a year of its launch, the company said that the prpgramme has been so overwhelming that it is launching a new programme that will enable product-ready startups to work with it on an ongoing basis.

NetApp managing director Deepak Visweswaraiah has announced that the company is creating a virtual open innovation platform that the startups can register on and use at any point to get an access to NetApp's go-to-market channels as well as getting help on technical side.

Companies applying need to be in the big data crunching and AI/machine learning spaces. NetApp will look particularly for those focusing on fintech and healthtech.

So far NetApp Excellerator programme has made two cohorts of startups graduated from its programme. Some of the graduates from both of its cohorts could be part of the upcoming open innovation platform.

From the first cohort of NetApp Excellerator Programme, Scalend Technologies, an AI-enabled data discovery and insights platform for financial companies & services, became a NetApp alliance partner, which means the two will take their solutions jointly to market. From the second cohort, three ventures – SigTuple, BlobCity and Nanobi – have become similar alliance partners of NetApp.

To recall, tech giant Google too has recently announced a new 4-month training programme for gaming startups and developers in South-East Asia including India. This new programme from Google will provide an opportunity to work with mentors from Google and the gaming industry.

Additionally, Yes Bank has also announced that it is launching multi sector accelerator program YES SCALE that will offer a 15 week program for startups in the areas of smart city, clean tech, Agritech, Lifesciences tech and education tech.

Source - Times of India

[Top Image - BusinessJournals.com]

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