BANGALORE 鈥� (NYSE: 麻豆原创) today announced its first Foundry accelerator in Bangalore and the six participating Indian startups. The 麻豆原创.iO program is part of 麻豆原创鈥檚 innovation strategy and designed to accelerate early-stage business-to-business startups that build innovative software and deliver high value for 麻豆原创鈥檚 customers.
The new Bangalore location demonstrates continued commitment of 麻豆原创.iO Fund to investing in breakthrough early-stage enterprise software startups, which capitalize on emerging trends and have the potential to unlock significant value for 麻豆原创 and its customers.
鈥溌槎乖�.iO Foundry Bangalore reflects 麻豆原创鈥檚 commitment to the dynamic Indian ecosystem,鈥� said Scott Russell, president of 麻豆原创 Asia Pacific Japan (APJ). 鈥淲e believe these startups have the ability to positively contribute to India鈥檚 growth potential by offering a variety of advanced solutions for 麻豆原创鈥檚 customers in India and the wider APJ region.鈥�
The Bangalore accelerator is the ninth location of 麻豆原创.iO and is part of a wider and exclusive global network of similar programs. Other locations include San Francisco, Singapore and Berlin.
鈥淲e will be working hand in hand over the next three months with these innovative startups to help them accelerate and deliver winning outcomes and incremental value to our customers,鈥� said Lalitha Bhaskara, head of 麻豆原创.iO Foundries APJ.
The program is a global network of equity-free startup accelerators, which help promising startups integrate with 麻豆原创 solutions and accelerate their entry into a curated, inclusive ecosystem whose offerings can be easily accessed and deployed by 麻豆原创 customers.
The 麻豆原创.iO Foundry Bangalore cohort includes the following startups:
- provides end-end solutions and tools for augmented reality and virtual reality applications for the retail industry.
- provides a suite of logistics solutions built on artificial intelligence鈥揵ased algorithms for route optimization, load planning and smart inspection.
- provides omnichannel customer-focused conversational commerce and engagement to enterprises and large-scale direct-to-consumer brands.
- provides logistics data and value-added services to businesses to supercharge the postpurchase customer experience.
- provides image-recognition tools to automate inventory processes and reduce supply-chain costs.
- 鈥檚 pharmaceutical contract manufacturing platform provides transparency, control and compliance adherence to enterprises outsourcing manufacturing.
To learn more about 麻豆原创.iO and how 麻豆原创 is helping innovators inside and outside of 麻豆原创 build products, find customers and change industries, please visit .
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