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Both Tata Elxsi and G2V agreed to extend their incubation offerings and connections to each other’s portfolio companies.
Tata Elxsi, one of the leading design company, recently launched incub@TE, an incubation centre program to nurture and support aspiring entrepreneurs.
Get2volume, based in Singapore and with funding from the Singapore’s National Research Foundation invests in, mentors and helps grow innovative microelectronics-centric companies.
Tata Elxsi will extend its incub@TE program 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 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. Working together with Tata Elxsi, we bring our companies global growth and execution capabilities,” said Mike Holt, Get2Volume CEO.
“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, Vice President, Strategic Initiatives, Tata Elxsi.
