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9.8.13

Nasscom launches start-up warehouse in Bangalore


A start-up warehouse was launched in Bangalore today, as part of Nasscom's 10K initiative, aimed at strengthening the eco-system for starting technology companies.

A joint programme launched by Nasscom in April 2013 with partners like Google, Microsoft and Verisign, the 10K initiative is aimed at nurturing 10,000 start-ups in the next few years, the Nasscom official said today.
"Aimed at strengthening the start-up eco-system in India, a start-up warehouse has been launched today in Bangalore. It is a place where 80 work stations have been set up. Start-ups funded by angel investors can begin working there and shall be mentored," Nasscom vice president Rajiv Vaishnav said.
The Nasscom official was here to announce the hosting of the Dewang Mehta IT Awards tomorrow, which is being jointly organized by the Dewang Mehta Foundation Trust (DMTF) and the Gujarat Technological University (GTU).
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