Nasscom to open its new business incubator-cum-accelerator in Kochi

By: |
Kochi | September 13, 2015 12:00 AM

The National Association of Software and Services Companies (Nasscom) inaugurated a start-up warehouse in Kochi on Saturday to further accelerate its effort to reach out to maximum number of entrepreneurs.

The National Association of Software and Services Companies (Nasscom) inaugurated a start-up warehouse in Kochi on Saturday to further accelerate its effort to reach out to maximum number of entrepreneurs. The start-up warehouse has been launched in support with the Kerala goverment to build entrepreneurial capabilities in Kerala, create a vibrant community to connect investors, mentors and start-up entrepreneurs, and building tech-entrepreneurship as a preferred career option. The warehouse will be managed by Nasscom’s 10,000 start-ups programme.

“In 2013, the Nasscom 10,000 startups launched its first start-up warehouse in Bengaluru followed by its second warehouse in Kolkata. It further announced a start-up warehouse each in Navi Mumbai and Pune. Since the inception of start-up warehouses, 76 start-ups have got incubated so far both from Bengaluru and Kolkata, from which 20 % start-ups got funded and 10% got acquired,” Nasscom sources said.

The 10,000 start-ups programme has initiated start-up warehouses across different states to create a micro-ecosystem where many start-ups and entrepreneurs can work together and share their experiences with each other.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Walmart’s e-commerce chief Marc Lore resigns after nearly 5 years
2Samsung Galaxy SmartTag, Galaxy SmartTag+ trackers launched alongside Galaxy S21 series; details
3Company Secretaries an asset for Industries, says ICSI; Union Minister Ramdas Athawale lends support