NASSCOM 10,000 startups to benefit from DigitalOcean’s cloud credit program
Bangalore, May 18, 2016: DigitalOcean, the 2nd largest cloud hosting provider in the world, has announced its partnership with NASSCOM 10,000 startups initiative, a program developed by NASSCOM to incubate, fund and assist 10,000 Indian technology startups by 2020. The announcement comes shortly after DigitalOcean appointed Prabhakar Jayakumar as its country manager, as the company gets ready to launch its first datacenter in Bangalore this summer. DigitalOcean has joined a select group of sponsors supporting the 10,000 startups initiative.
The main aim of this collaboration is to grow and support the startup ecosystem in India, through this association, DigitalOcean plans to assist startups on both technical and non-technical aspects through one-on-one interactions, workshops, boot camps and mentorship programs. DigitalOcean has created a special cloud credit program as an incentive to the startups associated with the NASSCOM 10K startup initiative. As part of this program, eligible startups can apply up to $10,000 in cloud credits to their DigitalOcean account.
The purpose of the NASSCOM 10K startups initiative is to nurture the budding startups into full-fledged technology dedicated companies, by giving them support via access to startup incubators, accelerators, angel investors, venture capitalists, startup support groups, mentors, and technology corporations. The association has received over 13,800 startup applications, out of which 2,276 were shortlisted and 1350 have been impacted by way of funding, acceleration and mentoring.
Prabhakar Jayakumar, Country Manager, DigitalOcean commented, “The technology startup sector in India has exploded in the past few years and our agenda is to fuel this growth and support the innovation landscape in India. We consider ourselves “the startup for startups”. Having been through the process ourselves, we know exactly what the needs are for scaling companies. This collaboration is a proud moment for us as it gives us an opportunity to enable entrepreneurs in India to create companies and chase their dreams, by lowering the barrier of entry through simplifying the complexities of cloud infrastructure.”
Commenting on the partnership, Rajat Tandon, Vice President, NASSCOM said, “We are happy to partner with DigitalOcean to build an inclusive ecosystem for start-ups in the country. Today, India is on the precipice of new ideas which need the right guidance and funding to be scalable for the market. I am sure that through this partnership, we will be able to achieve our targets for the sector and help entrepreneurs realize their dreams. ”
With the rapidly expanding startup ecosystem in India, such collaborations will not only ensure that selected startups have access to mentorship and guidance from relevant industry leaders, but also give them much needed support through DigitalOcean’s cloud credit program, making it easier than ever before for startups and teams of software developers to deploy and scale their applications.
