ERP Insights >> Magazine >> April - 2016 issue
Oracle Launches the Company's First "Oracle Startup Cloud Accelerator" in India
Author : ERP Insights Team
Friday, April 22, 2016
On the heels of Oracle CEO Safra Catz's meeting with Prime Minister of India Shri Narendra Modi and a series of investments announced as part of Oracle's expansion in India and support of Digital India initiatives, the company has announced at Oracle Cloud World that its first incubation centre will launch in India.
Called the 'Oracle Startup Cloud Accelerator', the centre will open in Bengaluru and will be inaugurated by Oracle's President of Product Development Thomas Kurian. Several more centres are slated to launch later in Chennai, Gurgaon, Hyderabad, Mumbai, Noida, Pune, Trivandrum and Vijayawada. Oracle's Sanket Atal, Group Vice President of Development, will be leading the initiative.
"India is at an exciting phase of growth, innovation and development," said Thomas Kurian. "Through the Oracle Startup Cloud Accelerator and the growing popularity of cloud as an alternate computing model, we want to be the catalyst for new business ideas. We are committed to furthering the government of India's 'Startup India' initiative. It matches our agenda of fostering entrepreneurship and promoting innovation by creating the right ecosystem for growth and development."
Oracle Startup Cloud Accelerator
Oracle Startup Cloud Accelerator is a first-of-its-kind global startup accelerator initiative by Oracle. Oracle India will lead the initiative for the company. With Oracle Startup Cloud Accelerator, Oracle aims to help speed up a startup's development through a combination of technical and business mentoring. The initiative targets midsize firms, including MSMEs (Micro, Small, Medium sized Enterprises) and startups, which are recognized as a highly vibrant and dynamic sector of the Indian economy that contributes more than 37 percent to India's GDP.
"We chose Bengaluru for our first centre, given that Bengaluru is the second best funded startup hub in the world, outside of USA," added Kurian.
Oracle Startup Cloud Accelerator is open to early-stage technology and technology-enabled startups who are building innovative solutions. Prospective startup applicants will be reviewed through a meticulous qualification process. Startups can apply online at oracle.com/in/startup/ till May 5, 2016. Selected startups will enjoy the benefits of a six month acceleration facilitated by technical and business experts from the industry and Oracle.
In order to help startups have a better chance of succeeding, Oracle Startup Cloud Accelerator will provide them with the following:
- Structured mentoring
- State-of-the-art technology
- Co-working space
- Access to Oracle customers and partners
- Access to investors
- Free credits on Oracle Cloud
Oracle Launches the Company's First "Oracle Startup Cloud Accelerator" in India
Author : ERP Insights Team
Friday, April 22, 2016
On the heels of Oracle CEO Safra Catz's meeting with Prime Minister of India Shri Narendra Modi and a series of investments announced as part of Oracle's expansion in India and support of Digital India initiatives, the company has announced at Oracle Cloud World that its first incubation centre will launch in India.
Called the 'Oracle Startup Cloud Accelerator', the centre will open in Bengaluru and will be inaugurated by Oracle's President of Product Development Thomas Kurian. Several more centres are slated to launch later in Chennai, Gurgaon, Hyderabad, Mumbai, Noida, Pune, Trivandrum and Vijayawada. Oracle's Sanket Atal, Group Vice President of Development, will be leading the initiative.
"India is at an exciting phase of growth, innovation and development," said Thomas Kurian. "Through the Oracle Startup Cloud Accelerator and the growing popularity of cloud as an alternate computing model, we want to be the catalyst for new business ideas. We are committed to furthering the government of India's 'Startup India' initiative. It matches our agenda of fostering entrepreneurship and promoting innovation by creating the right ecosystem for growth and development."
Oracle Startup Cloud Accelerator
Oracle Startup Cloud Accelerator is a first-of-its-kind global startup accelerator initiative by Oracle. Oracle India will lead the initiative for the company. With Oracle Startup Cloud Accelerator, Oracle aims to help speed up a startup's development through a combination of technical and business mentoring. The initiative targets midsize firms, including MSMEs (Micro, Small, Medium sized Enterprises) and startups, which are recognized as a highly vibrant and dynamic sector of the Indian economy that contributes more than 37 percent to India's GDP.
"We chose Bengaluru for our first centre, given that Bengaluru is the second best funded startup hub in the world, outside of USA," added Kurian.
Oracle Startup Cloud Accelerator is open to early-stage technology and technology-enabled startups who are building innovative solutions. Prospective startup applicants will be reviewed through a meticulous qualification process. Startups can apply online at oracle.com/in/startup/ till May 5, 2016. Selected startups will enjoy the benefits of a six month acceleration facilitated by technical and business experts from the industry and Oracle.
In order to help startups have a better chance of succeeding, Oracle Startup Cloud Accelerator will provide them with the following:
- Structured mentoring
- State-of-the-art technology
- Co-working space
- Access to Oracle customers and partners
- Access to investors
- Free credits on Oracle Cloud
Called the 'Oracle Startup Cloud Accelerator', the centre will open in Bengaluru and will be inaugurated by Oracle's President of Product Development Thomas Kurian. Several more centres are slated to launch later in Chennai, Gurgaon, Hyderabad, Mumbai, Noida, Pune, Trivandrum and Vijayawada. Oracle's Sanket Atal, Group Vice President of Development, will be leading the initiative.
"India is at an exciting phase of growth, innovation and development," said Thomas Kurian. "Through the Oracle Startup Cloud Accelerator and the growing popularity of cloud as an alternate computing model, we want to be the catalyst for new business ideas. We are committed to furthering the government of India's 'Startup India' initiative. It matches our agenda of fostering entrepreneurship and promoting innovation by creating the right ecosystem for growth and development."
Oracle Startup Cloud Accelerator
Oracle Startup Cloud Accelerator is a first-of-its-kind global startup accelerator initiative by Oracle. Oracle India will lead the initiative for the company. With Oracle Startup Cloud Accelerator, Oracle aims to help speed up a startup's development through a combination of technical and business mentoring. The initiative targets midsize firms, including MSMEs (Micro, Small, Medium sized Enterprises) and startups, which are recognized as a highly vibrant and dynamic sector of the Indian economy that contributes more than 37 percent to India's GDP.
"We chose Bengaluru for our first centre, given that Bengaluru is the second best funded startup hub in the world, outside of USA," added Kurian.
Oracle Startup Cloud Accelerator is open to early-stage technology and technology-enabled startups who are building innovative solutions. Prospective startup applicants will be reviewed through a meticulous qualification process. Startups can apply online at oracle.com/in/startup/ till May 5, 2016. Selected startups will enjoy the benefits of a six month acceleration facilitated by technical and business experts from the industry and Oracle.
In order to help startups have a better chance of succeeding, Oracle Startup Cloud Accelerator will provide them with the following:
- Structured mentoring
- State-of-the-art technology
- Co-working space
- Access to Oracle customers and partners
- Access to investors
- Free credits on Oracle Cloud
