Nasscom inaugurates startup warehouse in Kochi

Nasscom inaugurates startup warehouse in Kochi
Highlights

Nasscom on September 12 inaugurated an incubator-cum-accelerator at the Infopark campus here, touted as the IT industry body\'s fastest completed warehouse in the country.

Nasscom on September 12 inaugurated an incubator-cum-accelerator at the Infopark campus here, touted as the IT industry body's fastest completed warehouse in the country.

The Nasscom Startup Warehouse, which is part of Nasscom's "10,000 Startups" initiative, is the first such facility in Kerala and third in the country after Bengaluru and Kolkata. It will also serve as Nasscom's office in the state.


Inaugurating the warehouse, state Minister for IT and Industries P K Kunhalikutty said the state government was very proud to welcome the Nasscom Startup Warehouse, which aims to scale up the startup ecosystem.

"The government is ready to give all possible support to the facility," he said. An MoU in this regard was exchanged between Principal Secretary for IT and Industries, P H Kurian and Nasscom Product Council Chair Ravi Gururaj. Kurian said, "The accelerator will help to boost the entrepreneurial capabilities of the youngsters and create a vibrant community who will be able to connect with investors, mentors and entrepreneurs."

Infopark CEO Hrishikesh Nair said it will be an incubation facility where companies like Google, Microsoft and IBM will share their expertise in the technology field with the startups and help them to go global. Already six startups have been shortlisted, which will start operating from the facility today. They are CIED, AgrimaInfotech, Janta Solutions, GeoSpice Location Intelligence, Quadproso and Rabitech.

Nasscom Vice-President Rajiv Vaishnav said, "This is the fastest warehouse that we have ever put together. We thank Infopark team for helping to complete the facility in a record two and a half months time."

Nasscom also felicitated Hrishikesh Nair CEO Infopark and K G Girish Babu CEO Technopark on the completion of 10 years of Infopark and 25 years of Technopark respectively, towards their contribution to develop and sustain an ecosystem for IT in the state. Started in April 2013, "10,000 Startups" is an ambitious attempt by Nasscom to enable incubation, funding and support technology startups in India over the next 10 years.
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