Cisco Announces LaunchPad To Accelerate The Innovation Ecosystem In India

Posted by News Room On Friday, July 1, 2016 0 comments
cisco_logoCisco announced LaunchPad, an open innovation initiative to accelerate startups and support growth in India’s developer community. Cisco LaunchPad is designed to help startups, its authorised channel partners and developers scale their solutions, address new markets and build digital businesses. Cisco’s finest teams will mentor startups and developers on how to help create digital solutions to enable enterprise customers, service providers and other enablers in the public and private sphere to connect the next three billion people and 50 billion devices through digitisation, matching appealing ideas with business expertise and connecting engineering talent with investors and customers. Cisco will also provide a space at its Bengaluru campus with access to a suite of Cisco technologies and free grants to startups chosen to work at its campus.
Home to more technology startups than any other Indian city, Bengaluru offers a powerful combination of talent and infrastructure as well as business, academic, and research expertise. India is the youngest startup and developer nation in the world with 72% of startup founders less than 35 years old and the average developer less than 29 years old. India is projected to have the world’s largest number of developers by 2018.
 As an example of the powerful innovation possible through Cisco LaunchPad, Cisco and Tech Mahindra Limited announced a collaboration to develop digital solutions for the Indian electric utilities. Cisco and Tech Mahindra will work with select startups and developers to accelerate digitization of the power sector and transform the way electricity is delivered to and used by people

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