Indian Economy News

Microsoft to empower Indian startups from idea to unicorn with new platform

  • IBEF
  • April 1, 2022

'Microsoft for Startups Founders Hub' has opened its doors in India a new digital inclusive platform for Indian business founders. The goal is to empower entrepreneurs' vision and ignite innovation in order to propel India's and the world's economic and societal advancement. The platform provides over US$ 300,000 in perks and credits to businesses, allowing them to get free access to the technology, tools, and resources they need to start and grow their firm. Beyond technology, it will help entrepreneurs develop and expand by connecting them with mentors who will provide industry, business, and technical support as they navigate their next business milestones.

Microsoft is also teaming with cutting-edge firms like OpenAI, a global leader in AI research and implementation that creates AI systems like GPT-3 and Codex, to provide entrepreneurs exceptional benefits and savings. Founders will also get access to Microsoft Learn for personalised startup-centric training, as well as a number of startup and unicorn programmes to help them interact with customers and industry professionals and drive their growth.

India, being the world's third-largest startup environment, offers significant prospects for emerging enterprises in a variety of industries. Through specifically tailored activities, Microsoft says it continues to demonstrate its continued commitment to India's startup ecosystem and founders. Microsoft AI Innovate was introduced last year as a programme for developing and expanding entrepreneurs that use artificial intelligence (AI). The programme assists Indian startups that are employing AI technologies in scaling their operations, driving innovation, and developing industry expertise. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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