IBM and Indian Angel Network (IAN) have partnered to accelerate technology innovations in the entrepreneurial ecosystem in India.
As part of this strategic partnership, IAN companies will work with IBM to explore new dimensions of next-gen technologies like Cloud, Cognitive, Analytics, IoT and Mobility. In addition, IAN and IBM will work on various joint initiatives, to further technology innovation and offer mentorship and funding support to early stage start-ups, that will enhance their ability to scale business both in terms of technology and newer business engagements.
The collaboration will spur transformation of technology startups across India and ensure they have access to the support they need to get their products/solutions into the marketplace. IBM along with IAN will organize knowledge sharing and enablement sessions, on cognitive learning, analytics and product design.
IBM and IAN will work closely with IAN portfolio companies across e-commerce, education, financial services, healthcare, retail, IT etc. IBM business leaders and technology experts will help IAN portfolio companies enhance go-to-market strategies, achieve market alignment and augment their technology roadmaps.
“IAN and its portfolio companies has been associated with IBM in the past and this partnership has helped nurture high growth startups. We believe this synergistic partnership will breed innovative technologies and grow global footprint companies from India,†said Padmaja Ruparel, co-founder, president, IAN.
“IBM will engage, influence and mentor the early stage start-up ecosystem and additionally nurture an IP led start-up ecosystem focused on IOT, Artificial Intelligence, Security, Commerce etc and influence by design thinking.†said Nipun Mehrotra, vice president, Growth Initiatives IBM India/ South Asia.
The IAN portfolio start-up companies will also have the opportunity to apply for the IBM Global Entrepreneur Program, which provides business mentoring, technical support, networking opportunities with enterprise clients and apply for up to $120,000 credits to build their applications on IBM Cloud.
