Last Updated on 22/11/2021 by Khushi
Intel India launches ‘Plungin Alliance’ to boost up the tech industry by bringing academia, government and funding entities together to accelerate startups.
In most cases, startups die within 3 years of their operations. According to Intel India, ‘Plungin Alliance’ would be a one stop for all the startups in case of any assistance they want.
The main aim of the alliance is to bring 4.0 in India at a much faster pace. India has been trying to incubate more and more startups for years now, but they fall behind because of funding reasons or non availability of resources. Hence, the ‘Plungin Alliance’ aims to bring competitiveness in the tech industry with Indians soaring high and getting whatever they want to bring their startup to the final phase.
Image Source: Technosports
“The idea of Plugin Alliance could not have come at a better time when the businesses across various verticals are adopting digitisation on priority basis. By bringing industry, academia and startups on the same platform, the process will accelerate for the mutual benefits of the businesses and startups,” Rai said. (Nivruti Rai, country head, Intel India, and Vice President, Intel Foundry Services) {Source: daijiworld.com}
For the startups to take advantage of this programme, they need to come into the ‘Plungin Allaince’. The alliance as of now has 53 members which includes 25 startups.
Plungin Alliance also aims to find, innovate, build, adopt and scale smart solutions for the tech industry which will deal with Artificial Intelligence, Augmented Reality/Virtual Reality, cyber security, 5G, robotics which further would lead to much faster and better digitization.
Fro what is worth is that ‘Plungin Alliance’ will be a huge help for mentoring startups and startups who will become a part of this alliance will benefit a lot from this programme.