Nasscom's 10,000 start-ups program accelerates 30 tech startups

NEW DELHI, INDIA: As part of ‘10,000 start-ups' program, National Association of Software and Services Companies (NASSCOM) today released details of the companies which have receive support under the program.

NASSCOM had shortlisted 332 startups out of the 4000 applications that it received for its 10,000 Startups program. These companies were invited at Pitch Sessions conducted at Delhi, Mumbai, Bangalore, Hyderabad & Kolkata where about 300 companies made more than 1200 pitches to more than 50 angel investors, accelerators, angel investor groups, venture capitalists and mentors.

- From this exercise about more than 20 companies were accepted in Acceleration programs of Microsoft Accelerator, The Morpheus, 500 Start-ups, TLABS, Kyron, CIIE and IIIT Hyderabad.

- 10 companies were accelerated at the Start-up Warehouse set up by NASSCOM with the support of Govt of Karnataka.

- About 30 companies also received mentoring from successful entrepreneurs, industry leaders, domain experts and angel investors.

- About 5 companies raised on-the-spot funding from the SharkTank concept, 4 of these companies got funded at #Startuproots, Bangalore and 1 company got funded at Tie-the-knot, New Delhi.

- NASSCOM also conducted 15 Tech startups to 10 of India's biggest IT Enterprises to explore Strategic partnerships / M&A opportunities through StartupKonnect platform

Commenting on the same, Som Mittal, president, NASSCOM said, "We are overwhelmed with the impact that the 10,000 Start-ups program has been able to create so far and look forward to create many more opportunities for Tech Startups in the areas of Fund-raising, acceleration, enterprise connects, industry access and upscaling their capabilities in different facets of starting and scaling a business."

With an aspiration to create a vibrant ecosystem for the tech start-ups in the country, NASSCOM launched the 10,000 start-ups program 6 months back. In a short period of time, the program has:

· Conducted 100+ Events comprising of workshops, hackathons, pitches, fireside chats

· Reached out to 15+ cities and touched base with 7500+ entrepreneurs / aspirants

· Organized interactions with Global icons like Eric Schmidt, Michael Dell & Vinod Khosla

 

In the next 90 days, 10,000 Start-ups will accelerate the momentum of execution with:

 

· A Mega-Hackathon at Bangalore with TechCrunch in November - one of the biggest

· The second #startuproots in Pune and the third StartupKonnekt in Mumbai

· Rolling out a series of Business-to-Developer hackathons to solve unique industry problems

· Organize an Indian Startup Week at Silicon Valley

 

NASSCOM had commenced the 10,000 Start-ups program with the support of Google, Kotak, Microsoft and Verisign. Zinnov is the consulting partner of 10,000 Start-ups.

List of companies accepted in various acceleration programs:

Tlabs

1. Red Button Software Labs

2. JiffStore

3. Vindowshop

4. CrowdBeans

5. Yippster

6. NewsinShorts

Kyron

7. Docspad

8. Buzzinga!

9. Teritree

iAccelerator - IIMA

10. Chauka Cricket Solutions

11. GetJugaad

b12. Native5

13. ArrayShield

14. Adsparx

15. SignEasy

 

CIE-IIITH

16. MilkorWater

17. Amaterasu Electronics

18. InCights Mobile Solutions Pvt. Ltd

19. Universal Multifunction Accelerator

 

TheMorpheus

20. Dwellin

500 Startups

 

21. Anyadir