Oracle announced the first group of startup finalists for the Oracle Startup Cloud Accelerator Program. The Oracle Startup Cloud Accelerator Program was launched in April 2016 at Oracle CloudWorld Mumbai to help catalyse India's startup ecosystem and to provide support to the country’s Digital India initiatives.
In a span of four weeks, the program received a tremendous response from early-stage technology and technology-enabled startups. The panel of judges (which included the advisors and mentors of the program, as well as senior executives from Oracle) reviewed each application to evaluate the business concept, level of innovation, scalability and potential to solve real-life problems for their customers, as well as to make an impact on the segment of society on which they focussed.
On the last day of the program, startups will be given the opportunity to pitch their idea and showcase a demo to prominent technology investors and leaders. Graduating startups will also be enrolled in the Oracle Startup Cloud Accelerator’s alumni program. The alumni program will provide extended support to these startups, including on-going access to the mentor network and networking platform. Qualifying startups will also gain fast-track membership into Oracle Partner Network, which now includes about 25,000 consultants, integrators, value-added resellers, and other similar firms worldwide that have earned special access to Oracle demonstration environments, Oracle expertise, and joint marketing and sales programs.
“The entrepreneurial spirit in our country is going through a complete revolution. We see cloud technology playing a crucial role in enabling this change,” said Sanket Atal, Group Vice President of Development, Oracle India. “I would like to welcome these startups and look forward to working with them to build their business ideas for a better tomorrow.”
