Mumbai, October 13 (IANS). IBM and MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics and Information Technology (MeitY), have signed a Memorandum of Understanding (MoU) to accelerate the growth of India's deep-tech startup ecosystem. According to the announcement made on Tuesday, the partnership aims to strengthen startups through technical access, mentorship, skilling support and enterprise engagement opportunities.
The partnership will seek to connect MeitY Startup Hub's nationwide innovation network with IBM's Artificial Intelligence (AI), hybrid cloud and quantum computing expertise to enable high-potential startups to develop, validate and scale technology solutions for domestic and global markets.
Under this collaboration, startups will get access to IBM's enterprise technology portfolio and innovation platforms to solve business and industrial challenges. They will also be provided technical guidance on IBM WatsonX, the company's enterprise AI and data platform, IBM Bob, an AI coding agent for enterprises, and IBM Sovereign Core, an AI-enabled software stack designed to support digital sovereignty.
Startups will also gain exposure to IBM's hybrid cloud and quantum computing technologies, as well as its security and automation solutions.
Dr. Panneerselvam Madangopal, CEO, MeitY Startup Hub, said that India's startup ecosystem is rapidly emerging as a global hub of technological innovation.
He said, “India's startup ecosystem is emerging as a global engine of technological innovation. Through this collaboration with IBM, we aim to strengthen indigenous deep-tech capabilities, promote technology-based entrepreneurship and create more opportunities for innovators to develop solutions that contribute to building a developed India.”
Sandeep Patel, Managing Director, IBM India and South Asia, said that this partnership reflects a shared commitment to foster innovation and strengthen India's deep-tech startup landscape.
He said, “This collaboration reflects our shared commitment to foster innovation and strengthen the country's deep-tech startup ecosystem. These startups are playing a vital role in shaping the future of technology-led development for India and the world.”
Patel further added, “Together with MeitY Startup Hub, we aim to help founders innovate faster, scale responsibly and develop solutions that address national and global challenges, so that promising innovations can be transformed into real impact.”
–IANS
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