KStart partnering IBM to foster start up eco system in India
Q. Incubator Kstart is partnering which tech major to foster a start up ecosystem in India?- Published on 30 Mar 16a. IBM
b. Infosys
c. Lenovo
d. Dell
ANSWER: IBM
Kstart has partnered tech giant IBM to foster the startup ecosystem in India. This is a initiative of venture capital firm Kalaari Capital along with IBM offering training and mentoring sessions to startups.
- According to a Nasscom and Zinnoy 2015 report, India is third in the world in terms of number of startups
- It also has the fastest growing startup base internationally.
- Kalaari Capital has fund value of USD 650 million and has invested in companies like Myntra, Snapdeal and Urban Ladder.