Microsoft joins Accenture to nurture B2B startups in India


New Delhi: Microsoft on Tuesday introduced to collaborate with international skilled services and products corporate Accenture to host the 3rd version of the Accenture Ventures Challenge for B2B startups in India.

This yr’s version will recognise startups in India in 4 classes: provide chain resilience, channel shift to virtual trade, techniques resilience and accountable generation.

Microsoft in February introduced the “100X100X100” programme to deliver 100 firms to dedicate $100,000 every for enterprise-ready answers from 100 business-to-business (B2B) startups in the Software-as-a-Service (SaaS) area in India over the process 18 months.

Launched in 2018, the Accenture Ventures Challenge identifies the most efficient B2B tech startups to broaden answers for real-world demanding situations confronted through companies.

“This initiative will truly help startups evolve from being market-ready to enterprise-ready with the best resources and support from both Microsoft and Accenture,” stated Lathika Pai, nation head, Microsoft for Startups, MENA & SAARC.

The match is scheduled to be hung on August 11 in a digital layout.

Accenture Ventures Challenge 2020 will establish 12 cutting edge startups which can be serving to to deal with the enterprise and human have an effect on of COVID-19.

The winner in every class shall be given a chance to sign up for the Accenture Ventures Open Innovation spouse programme and co-create answers for Accenture shoppers around the globe.

Winners may also get get entry to to advantages from the Microsoft ScaleUp programme, which helps Seed or Series A B2B startups to scale and co-sell with Microsoft gross sales groups.

“The ongoing business disruption requires an urgent response, and we are confident that we’ll discover innovative new solutions from deep tech startups to help solve some of the most pressing business and human challenges,” stated Avnish Sabharwal, managing director for Accenture Ventures and Open Innovation in India.

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