IT industry body Nasscom and property consultant CBRE on Friday said they will mentor and support three startups that offer tech-based solutions for the real estate market.

The startups — Touchwizard Technologies, XLSYS Technologies and WEGoT Utility Solutions — were declared winners post three stages of evaluation by industry leaders from across sectors, CBRE said in a statement.

As part of its efforts to strengthen strategic alliances between the US and the Indian IT industry, the National Association of Software and Services Companies (Nasscom) recently took a delegation of SMEs to the US to help them explore the possibilities of entering the American market.

Chennai: The demand for digitally skilled workforce would rise at 35 per cent Compounded Annual Growth Rate till 2023 of the current talent base of four million, Information Technology body NASSCOM said here on Wednesday.

NASSCOM said the top priority for it was to reskill this base and has taken a number of initiatives, the first of which was proposed tie-ups with educational institutions.

WhatsApp, a Facebook-owned instant messaging platform, has partnered with the social arm of National Association of Software and Services Companies (NASSCOM) to deliver digital literacy training. Aiming to curb fake news, propaganda and misinformation menace on its platform, the training is estimated to reach approximately 1,00,000 people before the Lok Sabha Elections 2019.

IT industry association Nasscom on Wednesday broke with tradition and stopped the practice of forecasting annual growth.

Instead, it revealed the details of a survey of chief executives that showed they were “cautiously optimistic’’ about the growth prospects for 2019-20 given the increasing global macroeconomic headwinds.

Mumbai: Artificial intelligence (AI) startup Tranzmeo, which is part of NASSCOM 10,000 Startups accelerator programme, has secured an undisclosed pre-seed funding from Hindustan Petroleum Corp. Ltd (HPCL) for its AI-powered product, T-connect OneView, the industry body said in a statement on Wednesday.

Industry body Nasscom has collaborated with the Indian Institute of Technology, Madras for its FutureSkills Platform that is targeted at re-skilling/upskilling four million people on digital skills.

Under its FutureSkills Platform, Nasscom aims to re-skill/upskill four million people from the IT-ITeS industry, students entering the workforce and employees of other industries/government on digital skills.

Indian software products sector, which is estimated to be worth $7-billion, is growing at a rate of 9.5 per cent annually, IT industry apex body Nasscom said on Wednesday. “India is already a matured software product ecosystem, currently a $7-billion sector with 3,720 companies, and growing at 9.5 per cent annually,” Nasscom said in a statement here.

IT industry body Nasscom on Monday said it has signed a letter of intent with the Hiroshima Government to work together in creating Japan-India IT corridor to facilitate partnerships between companies from both nations.

“The Hiroshima Government will co-invest with Nasscom in creating Japan India IT Corridor that could be at the forefront of promoting B2B cooperation and talent transfer from India to Japan,” Nasscom said in a statement.

IT industry body NASSCOM has signed an MoU with a leading technology community here to help small and medium-sized Indian enterprises expand their operations in the Middle East and North Africa region.

The MoU between the National Association of Software and Services Companies (NASSCOM) and the Dubai Internet City (DIC) is first of its kind in the Middle East and North Africa (MENA) region.

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