Bengaluru Aug 17 (IANS) US-based worldwide entrepreneur network Techstars on Thursday forayed into India as a joint venture with ANSR which builds and operates Global In-House Centres (GICs) for enterprises.
"The launch of Techstars will provide an impetus to the start-up ecosystem in India and make the country emerge as a dominant entrepreneurial network in the world over " ANSR Chief Executive Lalit Ahuja told reporters here.
The US-based ANSR which is backed by global software major Infosys Ltd and American venture capital firm Accel Partners also provides end-to-end solutions to enterprises across the GIC lifecycle.
"Our presence in India will give us access to its start-up and entrepreneur network and global enterprises which have set up their captive centres " said Techstars Chief Executive David Brown.
Noting that India had huge growth potential he said the government s thrust on entrepreneurship and innovation for productive outlets to the local talent was positive.
"It s heartening to see tech evangelists work with the government for building the digital infrastructure which start-ups can leverage. India is on a tech digital and start-up mission of sorts " said Brown.
Through its innovation arm Kyron ANSR operates start-up-led innovation programmes for its corporate partners including Target L-Brands Lowes and Swiss Re.
Karnataka IT and BT Minister Priyank Kharge who was present on the occasion said about 3 200 start-ups had registered with the state government during the last three months testifying the state s position as the country s largest technology hub.
"As we are focused on building a structured ecosystem collaboration by Techstars and ANSR will benefit all the stakeholders and strengthen the ecosystem " he added.
--IANS
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