Ten Indian startups will take part in Japan’s largest IT forum ‘Combined Exhibition of Advanced Technology (CEATEC)’ this week.
Facilitated by Japan’s Ministry of Economy, Trade and Industry (METI), these 10 Indian startups will participate in the IT and electronics exhibition and conference to be held on October 4.
The startups are developing solutions in domains such as agriculture, logistics, and industrial automation, Nasscom said in a statement.
Nasscom’s Centre of Excellence for IoT (CoE IoT) had recommended 65 Indian startups for the programme. Of the 10 selected startups, nine were nominated by Nasscom’s CoE IoT.
The 10 selected Indian startups will get a full funded trip to Japan, along with an exhibition booth at CEATEC where they can display their products to potential investors/ partners, enterprises and customers.
Nasscom’s CoE IoT has been conducting events and program, along with its enterprise partners, across India to identify the top IoT startups in India.
It has curated over 300 startups to select these 65 startups and then sent them the invitation to participate in the selection process for CEATEC, Japan.
Internet of Things or IoT refers to a network of inter-connected devices that can be accessed through the internet.
For instance, with IoT, street lights will automatically go off when they sense no traffic on the roads and consequently, save power.
Another application could be a smart band that will automatically alert a physician when body vitals go to abnormal levels.
“I am extremely proud to announce that nine out of 10 who got selected were a part of Nasscom’s CoE-IoT connect programme. With the advent of new technologies and changing essence of ‘things’, IoT is bringing new value to innovation in the world,” Nasscom President R Chandrashekhar said.