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Microsoft kick-starts a unique initiative for supporting start-ups
Posted on 26th September 2019
With an effort to promote the Indian startup ecosystem, Microsoft for Startups has launched a new initiative called ‘Highway to a Hundred Unicorns’ that aims to empower startups with mentoring and technology support for enterprise readiness. As part of this initiative, Microsoft will engage with innovators and entrepreneurs through a series of outreach programmes across tier 2 cities. The American tech major will work closely with state governments to strengthen the startup ecosystems in each state. Organised in collaboration with the Industries Commissionerate and iNDEXTb, government of Gujarat, recently more than 250 startups attended the first event at Gandhinagar.

The impetus on innovation and entrepreneurship in India is helping startups to stem from not just metropolitan hubs such as Delhi, Mumbai or Bengaluru, but also other tier 1 and tier 2 cities. However, some of the key challenges in scaling their businesses include lack of cutting-edge technology support and dearth of mentorship from ecosystem players.

Lathika Pai, country head, Microsoft for Startups – MENA and Saarc, said, “There is a strong pool of ideas and talent beyond the well-known startup hubs of India. Through Highway to a Hundred Unicorns, we will reach out to startups in tier 2 cities and support them to achieve scale at their place of origin. Our tech expertise and experience of engaging with some of the most successful Indian startups will help innovators across the breadth of the country become enterprise-ready and scale their operations in India and globally.”

The Microsoft ScaleUp programme supports Seed or Series A funded B2B and select B2C tech-enabled startups to co-sell with Microsoft sales teams, get access to top tech VCs globally and receive mentorship from the startup ecosystem. Gaining access to large enterprises to co-create solutions or integrate product offerings and designing robust go-to-market strategies for their industry or customer segments are critical in the startup growth journey.

Related Companies: Microsoft India (R&D) Pvt. Ltd.   

Other Latest News
Odisha ups overtime limit for factory workers to 115 hrs a quarter from 75
Posted on 30th May 2020
The Odisha Cabinet on Friday approved as many as 22 proposals including amending the Factories Act, 1948, and allowing the workers to work 115 hours overtime in three months by enhancing the time limit.

The overtime limit is increased from 75 hours to 115 hours per quarter, and now the engagement of women workers will be allowed, with consent, between 7 pm to 6 am in factories with the condition that adequate safety, welfare and security measures and safeguards are taken by the concerned factories as prescribed, read an official statement issued by the Odisha government.

Govt is looking at starting home delivery of petrol, CNG: Pradhan
Posted on 30th May 2020
After doorstep delivery of diesel, the government is looking at starting home delivery of petrol and CNG for the greater convenience of customers, Oil Minister Dharmendra Pradhan said on Friday.

Also, the government is looking at unveiling a new fuel retailing model where all types of fuels — petrol, diesel, CNG, LNG and LPG — would be available at one place, he said.

Railways running 'Corona Express' in name of Shramik trains, says Mamata
Posted on 30th May 2020
Indian Railways is running Corona Express in the name of Shramik trains, West Bengal Chief Minister Mamata Banerjee said on Friday, alleging that social distancing is not being maintained in the special trains transporting migrant workers and others to their homes.

The law is equal for all but why are all trains running at full capacity? Why is the Railways not maintaining social distancing? Passengers are not being served water and food in the trains, Banerjee said.

Maharashtra to announce Covid-19 relief package soon: Deputy CM Ajit Pawar
Posted on 30th May 2020
Deputy Chief Minister Ajit Pawar on Friday said that the Maharashtra government will announce a package soon to deal with the situation arising out due to coronavirus (Covid-19) outbreak.

We will get to know about further plans for a lockdown of the Centre through the Prime Minister. I feel that the Prime Minister now will leave it on states because everything is shut for the last two-and-a-half-months. Schools, colleges, business and jobs are shut and hence, there is an economic crisis today, Pawar said.

COVID-19 tally in India crosses 1.73 lakh-mark, nearly 5,000 deaths; highest spike of 7,964 cases in 24 hours
Posted on 30th May 2020
The total number of confirmed cases of COVID-19 infection in India crossed the 1.73 lakh-mark on Monday, while the death toll neared the 5,000-mark as well. At 9:30 AM on this day, the COVID-19 tally in the country has reached 1,73,763 cases, which includes 86,422 active cases; 82,370 cured, discharged, or migrated patients, and 4,971 deaths.

According to the Union Ministry of Health and Family Welfare, as many as 7,964 new COVID-19 cases and 265 deaths were reported in the country in the last 24 hours, marking a significant spike. In fact, this is the highest spike in India's COVID-19 tally so far.

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