Trivandrum: Tata Elxsi and Singapore based Get2Volume (G2V) today announced their partnership to incubate and grow technology companies in India and Singapore. Tata Elxsi, India’s leading design company, recently launched incub@TE, an incubation centre programme to nurture and support aspiring entrepreneurs. Get2volume with funding from the Singapore’s National Research Foundation invests in, mentors and helps grow innovative microelectronics-centric companies.
Tata Elxsi and G2V agreed to extend their incubation offerings and connections to each other’s portfolio companies. Get2Volume extends its incubation programme to Tata Elxsi companies that include connections, access to the ecosystem within Singapore and funding for companies that meet G2V criteria.
Tata Elxsi extends its incub@TE programme to Get2Volume portfolio companies that want to build their businesses in India, with infrastructure, mentorship and go-to-market support. It will further offer access to world-class product engineering and its Technology IP portfolio, to help reduce development costs and time to market. These will be covered under separate agreements with the respective portfolio companies.
“Technology companies are global from day one,” said Mike Holt, CEO, Get2Volume, “Working together with Tata Elxsi, we bring our companies global growth and execution capabilities”.
“This partnership provides portfolio companies with access to capital, connections and complementary capability. We look forward to working together to nurture and empower the next generation of technology entrepreneurs and enable their success”, added Rajesh Kumar, VP - Strategic Initiatives, Tata Elxsi.
With incubation managers and venture partners in Silicon Valley and Singapore, Get2Volume provides mentorship, operational and execution capabilities.
The Tata Elxsi incub@TE programme has been set up to foster entrepreneurial activities in the technology space. The programme provides a platform for start-ups and prospective entrepreneurs to convert their ideas into commercially viable products or services.
Kerala IT News
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