Content area
Full Text
NEW DELHI: Startup incubator Kstart , an initiative of Indian venture capital firm Kalaari Capital, has announced a collaboration with IBM to foster the startup ecosystem in India.
Under the partnership, Kstart and IBM will offer training and mentoring sessions, and Kstart's entire roster of seed-stage portfolio companies will have the opportunity to apply for the IBM Global Entrepreneur Program , which provides business mentoring, technical support, networking opportunities with enterprise clients and credits to help entrepreneurs build their applications on IBM Cloud .
According to a 2015 report by industry body National Association of Software and Services Companies (NASSCOM) and Zinnov, India holds the third position in the world in terms of the number of startups, and has the fastest growing startup base worldwide.*
"To support this boom in the Indian startup ecosystem, Kstart and IBM will work together to spur the next generation of innovation throughout the country and ensure that startups have access to the support they need to get their solutions into the marketplace. IBM business leaders and...