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DigitalOcean signs MoU with Karnataka government to empower startups

ANI  |  New Delhi [India] 

DigitalOcean, the for developers on Thursday signed a Memorandum of Understanding (MoU) with the Biotechnology & Services under the Department of IT, BT and S&T, Govternment of to provide infrastructure and support to startups enrolled with the Start-up Cell.

The MoU was signed at the government's 'Elevate 100' program which aims to support startups by providing a sum of Rs.400 crore of funds over a period.

Under the program, DigitalOcean will help startups selected by the Start-up Cell with infrastructure credits and also provide consultation on technical platform and architecture queries. Under the agreement, DigitalOcean will give USD 1000 worth cloud credits for startups that are being funded under the government's initiative.

In addition, DigitalOcean will organize knowledge sharing sessions called 'learnups' which will help startups learn about recent technologies and best practices from subject matter experts to help them scale and run a successful

"Our goal is to empower developers and startups around the world to build amazing things, and our robust, affordable, and simple infrastructure is making the cloud more accessible than ever. India is poised to unleash a tremendous amount of innovation in the next decade and we want to be there to support every to grow and succeed. We look forward to working with the selected start-ups and partnering with the in their vision to make Karnataka a true start-up hub," said Prabhakar Jayakumar, Country Manager, DigitalOcean India.

Elevate 100 will help startups by providing them funds and mentors to help them turn their ideas into successful businesses. DigitalOcean's Incubator program named Hatch is an example of the company's focus on ensuring that developers and high-growth startups can seamlessly launch and scale their businesses.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 01 2017. 15:42 IST