Business

Microsoft launches $500 million programme for Indian start-ups

Microsoft launches $500 million programme for Indian start-ups

TIL Desk/Business/New Delhi/ Global technology giant Microsoft announced the launch of a $500 million programme that delivers access to technology, go-to-market and community benefits to help start-ups grow their customer and revenue base.

“We are committing $500 million over the next two years to offer joint sales engagements with start-ups, along with access to our technology, and new community spaces that promote collaboration across local and global ecosystems,” the firm said.

While the company did not give out any specific numbers for investments in India, Microsoft India managing director Anant Maheshwari told that the company has been a part of the start-up ecosystem in a big way from early stages right up to when the companies start achieving full scale.

“We see start-ups and unicorns as customers. It’s a focus area for us to do a lot of work with these companies in India as many of them are now reaching scales where they are looking for tech solutions beyond pure play infrastructure,” said Maheshwari.

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