US-based technology company IBM and Indian Angel Network IAN on Wednesday announced a partnership to accelerate technology innovations in the start-up and entrepreneurial ecosystem in India.
Under this collaboration the IAN portfolio companies will work with IBM to build thought leadership by leveraging workshops and quot;IBM IX Studiosquot; programme and they will have access to IBM’s cognitive cloud analytics IoT and mobility services.
With more than 400 investors from 10 countries IAN is India’s largest angel network and has already made over 20 investments in the first half of 2016.
quot;We believe this synergistic partnership will breed innovative technologies and grow global footprint companies from Indiaquot; Padmaja Ruparel Co-founder President IAN said in a statement.
IBM and IAN will organise knowledge sharing and enablement sessions on cognitive learning analytics and product design.
quot;IBM will engage influence and mentor the early stage start-up ecosystem and additionally nurture an IP-led start-up ecosystem focused on IOT artificial intelligence security commerce and design thinkingquot; added Nipun Mehrotra Vice President Growth Initiatives IBM IndiaSouth Asia.nbsp;
The IAN portfolio start-up companies will also have the opportunity to apply for the IBM Global Entrepreneur Programme which provides mentoring and networking opportunities with enterprise clients.