13.8.16

Nasscom launches operations of its startup warehouse in Visakhapatnam

Nasscom launches operations of its startup warehouse in Visakhapatnam


After inking a MoU with the A.P. government in March, the apex IT industry body in the country, National Association of Software and Services (Nasscom) has launched operations of its startup warehouse at Sunrise Startup Village at Rushikonda in Visakhapatnam, AP. The is the first Nasscom Startup Warehouse in AP and ninth under its 10,000 startup initiative by 2020, which was kick-started from Bengaluru in 2013. The warehouse would provide affordable co-working space with incubation for six months. In this regards, Nasscom has selected five teams to join the incubation programme at their Visakhapatnam facility.

Meanwhile, SAP-a premier software solutions company which signed a MoU with the Andhra Pradesh government to open a startup accelerator will also get space at Startup Village housed in Technology, Research and Innovation Park (TRIP). Its operations would be launched under the mentorship of the company experts from Bengaluru to make Visakhapatnam a startup hub. SAP is the first global software solution multinational to sign a MoU with any government in India to strengthen the startup ecosystem. SAP has incubated over 3,200 startups worldwide in four years.

So let's discuss some questions related to this post:
1. Name the organisation which has launched operations of its startup warehouse in Visakhapatnam, Andhra Pradesh?
2. Expand the term NASSCOM and TRIP.

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