German enterprise software major SAP said that 16 new Indian startups will join its accelerator programme in Bengaluru this year.
SAP StartUp Studio, a one-year mentorship programme, allows selected startups to access its technology and customer base, apart from providing training to help the respective business models work. Last year, it had on-boarded seven early-stage Indian startups soon after launching the incubator programme at its Whitefield, Bengaluru, campus.
The 16 startups are working on technologies, such as artificial intelligence, cloud, machine learning and IoT, across various business functions, the company said, adding that the 75-seater incubator will expand to 100 seats by end-2017.
“India is a significant hub in the global technology startup scene. Supporting entrepreneurism and new talent is crucial for the future of technological innovation. The SAP Startup Studio makes startups ready for success,” said Bernd Leukert, member of the executive board of SAP SE, products and Innovation.
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