Dell Technologies aims to empower startups with plethora of opportunities helping them expand and scale
The partnership will focus on helping startups establish the right foundation for GTM strategy, sales & marketing, IT & automation, people & HR, supply chain and DevOps Scaling
Dell Technologies collaborates with Startup India, an initiative by the Government of India, to launch a platform for Indian technology start-ups to help them scale and create their own marketplace. This partnership intends to engage with Department for Promotion of Industry and Internal Trade (DPIIT) registered startups to create a market opportunity for startups in growth stage, enabling them to not only build their business but also put them on a path to generate working capital via market access collaborations.
The association will focus on supporting and enabling 75 startups, which will be selected through applications submitted on the platform website. Dell will help the shortlisted startups with exclusive Tech-Teardown sessions, expert engineering counselling focused on technology scalability issues and go-to-market collaborations with Dell’s customer ecosystem. Basis the problem statement and potential showed throughout the process, 15 founders will further be shortlisted for exclusive business masterclass organized by Dell leaders and powered by IIM Udaipur.
Talking about the partnership, Sudiip Goswami, Director & GM – Global Alliances, Service Providers & Startups – India, Dell Technologies said “We believe in the potential of our start-up ecosystem and are strongly invested in helping them innovate and grow. Our collaboration with Startup India will further enable several growth-stage start-ups to build a successful roadmap. We are confident that our technology, expert led guidance and solutions will enable these businesses to be future ready. Dell has rolled out multiple initiatives in the past, where we support start-ups in designing their strategy and adapting the right IT infrastructure.”
Aastha Grover, Head - Startup India said, “The Indian startup ecosystem has transformed India into a hub of innovation and entrepreneurship. Digitization has propelled the democratisation of access and opportunity for Indian businesses. I would like to commend Dell Technologies for this program that is at the intersection of two important Government priorities – startups and new age technology adoption and solutioning. I am sure programs like Dell for Startups will help us tap the vast potential of emerging startups make an indelible mark in global market.”
Through this partnership Dell aims to impact and support start-ups that leverage emerging technologies to address business challenges. With the innovative technology engine, expertise in strategic guidance and consultancy, Dell is committed to help start-ups be future-ready and thrive in the new digital age. Furthermore, Dell will seed the 7 startup winners with a micro-tinkering lab who will also receive capital support worth USD 5K each to establish the right IT foundation.
Dell Technologies (NYSE:DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the data era.
About Startup India
Startup India is a flagship initiative of the Government of India, intended to catalyse startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India. Launched in 2016, the initiative has more than 89,000 startups till date that have been recognized across 56 sectors.
Weekly Startup Funding News Report For 25 October - 29 October 2024 (Latest Updates)
Weekly Funding Roundup - We compile a Weekly Startups Funding News Report summarizing all the startups that secured funding during the week. This report provides a consolidated list of newly funded ventures daywise.
Weekly Funding Roundup - We compile a weekly startups funding news report summarizing all the startups that secured funding during the week. This report provides a consolidated list of these newly funded ventures day-wise, offering a concise overview of the latest developments in the startup funding landscape. Get allIndian statups news at Viestoires.
Weekly Startups Funding News [25 October 2024 - 29 October 2024]
Althion Funding News - Althion has Secured Rs 3.6 crore in Pre-Series A Round Funding
Trisu Funding News - A pre-seed funding round, which was co-led by All In Capital, has secured an undisclosed quantity of investment for the vermeil jewelry brand Trisu.
GameEon Funding News - GameEon, a game development studio, has raised $1 million in its most recent funding round, which was co-led by SucSEED Indovation Fund, ICE VC, IAN, CD EQUIFINANCE, Nexus Global Opportunities Fund, Vivek Goel, Patni Family, Tal64.
Wundrsight Funding News - Wundrsight, a digital therapeutics startup, has secured $400K in its seed round, which was led by Inflection Point Ventures. Social Alpha, in conjunction with other angel investors, has also participated in the round.
Dharaksha Ecosolutions Funding News - Dharaksha Ecosolutions, a biotech-driven R&D start-up, has secured Rs 24.8 crore (approximately $2.95 million) in a Seed funding round sponsored by Avaana Capital.
Omnivore Funding News - Omnivore’s third fund, the Omnivore Agritech and Climate Sustainability Fund, received $5 million in investment from Proparco, a subsidiary of the Agence Française de Développement (AFD) Group.
Futwork Funding News - In its Series A round, which was led by the Michael & Susan Dell Foundation and included Artha Ventures, Simile Capital, and other investors, sales outreach platform Futwork has raised Rs 20.9 crore, about $2.5 million.
Centricity Funding News - In a seed round, Lightspeed and returning investors Burman Family Office and Shantanu Agarwal, among others, led the investment in wealth management startup Centricity, which raised $20 million at a valuation of $125 million.
11 September 2024 - Funding News
Zivy Funding News - Zivy, an AI tool that prioritizes workplace messages and duties, has secured $1.2 million in a pre-seed funding round co-led by Blume Ventures, Paradigm Shift Capital, iSeed, Everywhere Ventures, Indian Silicon Valley, and Marsshot Ventures.
Mitra Funding News - A strategic family office based in Dubai and Bestvantage Investments led the Pre-Series A fundraising round for D2C FMCG firm Mitra, which raised INR 11 Cr ($1.3 Mn).
InMobi Funding News - MARS Growth Capital, a joint venture between MUFG and Liquidity Group, has provided $100 million in debt financing to InMobi, a provider of mobile advertising network software.
Track3D Funding News - Track3D, an AI reality intelligence platform for the construction industry, announced that it had secured $4.3 million in seed funding. The funding was led by Endiya Partners, with participation from Shadow Ventures and Monta Vista Capital.
Flexiloans Funding News - In an equity funding round led by American not-for-profit fund Accion, US asset management firm Nuveen, and Nandan Nilekani-backed venture fund Fundamentum, Mumbai-based digital lending startup Flexiloans has secured Rs 290 crore (approximately $35 million).
10 September 2024 - Funding News
Crackle Technologies Funding News - Crackle Technologies, an adtech startup, has secured $1.7 million (approximately INR 14 crore) in a pre-seed funding round that was jointly headed by We Founder Circle and AC Ventures.
Nestasia Funding News - Nestasia, a lifestyle and home décor brand, secured $8.35 million in a new funding round from Susquehanna Asia VC, Stellaris Venture Partners, and angel investors.
Supersquad Funding News - Supersquad, a startup that specializes in creator monetization, has secured Rs 2.1 crore in a funding round that was spearheaded by WLDD. Nitin Rajput and Jivraj Singh Sachar, angel investors, also contributed to the round.
AppsForBharat Funding News - AppsForBharat, the parent company of the devotional app Sri Mandir, has secured $17.8 million in its Series B funding round, which was led by Fundamentum.
Arnya Real Estate Funding News - Arnya Realestates Fund Advisors, an alternative investment management firm, has successfully closed the first close of its Rs 1,000-crore maiden debt fund, raising Rs 375 crore.
9 September 2024 - Funding News
Transcell Biologics Funding News - Quantiphi and IAN Group, both of Boston, have invested an undisclosed sum in Transcell Biologics, a biotechnology company.
2 September 2024 Monday - Latest Funding News in India
Mintifi Funding News- Mintifi a B2B digital lending startup, is reportedly in discussions to secure $100 million in a new funding round.
Clean Electric Funding News - Clean Electric, an energy storage solutions startup, has secured Rs 48.5 crore (approximately $6 million) in funding from both new and existing investors.
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Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
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