BANGALORE, INDIA: Today, at Think Next Summer 2016 in Bangalore, Microsoft Accelerator and TCS Co-Innovation Network (COIN) have announced a joint initiative to create a platform to boost the Indian startup ecosystem.
Microsoft Accelerator’s #CoInnovate program and COIN by TCS aim to connect startups with corporates – who get access to innovative solutions for their business needs while providing greater market access for the startups.
An open innovation framework will be created to mentor and engage with startups to bring their innovative solutions to market.
Nagaraj Ijari, Vice President and Global Head – Hi-Tech Industry Solutions Unit, TCS said, “This partnership will offer participating startups access to the expertise and client-base of both TCS and Microsoft and will create exciting new opportunities to innovate and transform the business landscape.”
Microsoft also unveiled an ebook – Timeline of Indian Startup Ecosystem which charts the course of the industry from 1960s till date. “As one of the citizens of the startup ecosystem in India, we decided to take a bird’s eye of the developments. It took us almost 18 months to get here and the view is breathtaking,” said Ravi Narayan, Global Director, Microsoft Accelerator.
The 12 graduating startups from Summer 2016 cohort of Microsoft Accelerator, i.e Altizon, Tarnea, Aureus Analytics, BabyChakra, Reverie, Strides, Locus, Admission Table, Distiman, Calm.io, Yellow Messenger and Report Bee got the opportunity to present themselves to an audience of more than 550 comprising corporates, investors and thought leaders.