Microsoft supports 11 Indian startups in collaboration with Invest India government program. Microsoft India said on Tuesday, 24th August 2021 that it is collaborating with Invest India.
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What is Invest India?
Invest India, the world’s most awarded investment promotion government agency serves as a counsellor, consultant, and facilitator to any investor wishing to establish a presence in India.
The first point of contact for international firms interested in investing in India. Invest India government agency assist companies from the moment they begin investigating India as an investment destination and throughout their journey.
Over 200 of the best and brightest business professionals recruited from India’s and the world’s leading institutions and companies act as pro bono advisors to investors.
The United Nations Conference on Trade and Development (UNCTAD), an intergovernmental organization whose mission is to advance the interests of developing countries in international trade, has awarded Invest India the Investment Promotion Award, 2020, for our good practices during the pandemic.
India’s rapid development has opened many exciting opportunities for investors. In addition, rapid expansion has created numerous exciting investment opportunities.
India’s national investment promotion and facilitation agency Invest India will help the country’s tech startups. They have chosen 11 companies as part of the support program, covering industries such as:
- Defence and security
- Waste Management
- Financial Services
AGNIi Mission is a program run by Invest India that assists entrepreneurs in becoming enterprise-ready.
Microsoft for Startups will collaborate closely with the Accelerating Growth of New India’s Innovations (AGNIi Mission), a government initiative that brings India’s most innovative technologies together with potential customers.
The firms accepted into the Microsoft for Startups program will receive various incentives, as follows:
- Azure credits, business acceleration assistance and other Microsoft’s tools.
- Startups will use Microsoft technology such as Azure, GitHub, and M365 to construct and run their firms quickly.
- Personalized technical training, content, and mentorship are provided to the selected startups.
- They will also build and execute their go-to-market plans using Microsoft’s Azure Marketplace, enterprise sales team, and quickly increasing partner ecosystem.
“Fostering strong links with the best firms in the world to promote Indian innovation is one of the most critical contributions of AGNIi in ensuring India’s sustained success in the global economy,” – Deepak Bagla, MD & CEO, Invest India
“Combining the reach of Invest India’s AGNIi Mission with the tech and business resources of Microsoft for Startups, this is an exciting opportunity for startups to accelerate their objectives for enterprise-ready,” – Emily Rich, Director of Microsoft for Startups, APAC.
11 Indian Startups
The following are the 11 Indian startups that Microsoft has chosen to support:
- Amplearth Packaging & Systems
- Arishti CyberTech
- Daybest Research
- Go Buzzr (Dev BeeTech)
- Prkruti (Jal Technologies)
- Sandbird Research & Development
- Vasudhaika Software (Kalgudi Digital)
- Vecmocon Technologies
- Whrrl Fintech Solutions
- YCLEPT 4E Labs
- Yuktix Gidabits
Amplearth Packaging and Systems
Amplearth Packaging and Systems: Enables latest innovations to help manufacture and manage large-scale sustainable and reusable FMCG packaging.
Arishti CyberTech: Enables security and flexibility within enterprise communications, enabling businesses to share sensitive data smoothly.
Daybest Research: Provides innovative agricultural intelligence and technology to farmers in India and government institutions.
Go Buzzr (Dev BeeTech)
Go Buzzr (Dev BeeTech): An agritech startup offering an IOT based innovative beehive monitoring system that studies the condition of beehives and communicates through the mobile application.
Prkruti (Jal Technologies)
Prkruti (Jal Technologies): Provides businesses with an efficient outcome with their vast array of application services, including business analysis and documentation, B2B technology, software solutions, e-commerce, mobile apps design, web-hosting and website development and enterprise application integration.
Sandbird Research and Development
Sandbird Research and Development: Provider of an intelligent electric tiller with which the farmers can sit remotely and operate the vehicle with remote control technologies without needing a driver.
Vasudhaika Digital (Kalgudi Digital)
Vasudhaika Digital (Kalgudi Digital): Provider of a convergence platform for businesses across agriculture and rural livelihoods by providing a holistic approach that benefits the organizations.
Vecmocon Technologies: Contributes to sustainable requirements of society through technology solutions such as intelligent battery pack, EV cluster, fleet management, operations motor, and motor control.
Whrrl Fintech Solutions
Whrrl Fintech Solutions: Empowers farmers, traders, and producer companies on a blockchain platform in raising working capital to tide over lengthy crop cycles.
YCLEPT 4E Labs
YCLEPT 4E Labs: Provides clean energy, connectivity, and local information on the go using eco-friendly intelligent solutions. The product runs on clean energy and can be operated through cloud technology.
Yuktix Gidabits: Provides innovations around accurate farm monitoring, solar computing, wireless sensors, IoT for agriculture, harvest quality monitoring, and farm risk and health management.
The government of India is supporting startups in all possible ways by bringing up creative programs.
Here is a link to Invest India for foreign countries interested in supporting India’s entrepreneurs and investing in India.