Intel mentors 17 start-ups to innovate products in India

Image
IANS
Last Updated : Oct 19 2016 | 9:42 PM IST

"Of the 17 start-ups which utilised our laboratory facilities here, nine have launched products in the market and five have products ready for customer trials, while three are at the design stage," Intel India General Manager Nivruti Rai told reporters here.

Intel's Indian subsidiary has set up the Maker Lab at its campus in this tech hub in January to help start-ups accelerate their hardware and systems for innovating products and solutions using its infrastructure, technology, tools and mentorship support.

"The start-ups used the lab for projects spanning education, sports, health, agriculture, BFSI (banking, financial services and insurance), and e-governance across IoT (Internet of Things), cloud and client compute," said Rai.

The lab also supported seven start-ups incubated by the Science and Technology Department of the Indian government under the Intel's 'Innovate for Digital India' challenge.

"We are focused on innovation, systems design and entrepreneurship in India. With 15 years of commitment to research and development, we continue to build a community of innovators across the country," Rai added.

As a catalyst, Intel has associated with various programmes to foster innovation and making the government's Digital India vision a reality.

"It's heartening to see many products and solutions being developed by the hardware and systems start-ups using our lab as their innovations will help solve consumer and business needs and contribute to Digital India and Make in India vision," said Intel India Director Jitendra Chadda on the occasion.

The company is collaborating with the government to encourage entrepreneurial and innovation talent as a not-for-profit initiative and is independent of its own research and development activities in India.

--IANS

fb/sm/vt

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 19 2016 | 9:10 PM IST

Next Story