Kstart, an initiative of venture capital firm Kalaari Capital, said, along with IBM, it will offer training and mentoring sessions to startups.
Kstart further said the entire roster of seed-stage portfolio companies will have the opportunity to apply for the IBM Global Entrepreneur Programme (GEP), which provides business mentoring, technical support, networking opportunities with enterprise clients and credits to help entrepreneurs build their applications on IBM Cloud.
"IBM business leaders and technology experts will help Kstart portfolio companies create go-to-market strategies, achieve market alignment and augment their technology roadmaps. IBM will also invite Kstart participants to training sessions on cognitive learning, analytics and product design," the company said in a statement.
"To support this boom in the Indian startup ecosystem, Kstart and IBM will work together to spur the next generation of innovation throughout the country and ensure that startups have access to the support they need to get their solutions into the marketplace," it added.
Kstart will drive awareness and engagement with IBM's GEP, where startups can apply for up to USD 120,000 in cloud credits to develop and run their applications on IBM Cloud.
Kalaari Capital has a fund value of USD 650 million and has invested in companies like Snapdeal, Urban Ladder, Simplilearn and Myntra, among others.
"Collaborating with IBM will help us equip our entrepreneurs with the right expertise and tools to succeed," said Vani Kola, Venture Capitalist, Kalaari.
