{"id":4983,"date":"2016-06-25T13:59:18","date_gmt":"2016-06-25T08:29:18","guid":{"rendered":"https:\/\/startup-buzz.com\/?p=4983"},"modified":"2016-06-25T16:52:53","modified_gmt":"2016-06-25T11:22:53","slug":"sap-startup-accelerator-program-launched-bengaluru","status":"publish","type":"post","link":"https:\/\/startup-buzz.com\/?p=4983","title":{"rendered":"SAP Startup Accelerator Program Launched In Bengaluru"},"content":{"rendered":"<blockquote class=\"modern-quote full\">\n<p style=\"text-align: center;\"><em>SAP Start-up Studio to Host 7 Startups<\/em><\/p>\n<\/blockquote>\n<p>Yet, another good news for aspiring entrepreneurs! Global applications software developer SAP just launched its startup accelerator program in Bengaluru. Known as SAP Start-up Studio, it aims at providing young startups with mentoring, technology and infrastructure that are necessary in growing phase.<\/p>\n<p>SAP has now become the third multinational company after Microsoft and <a href=\"http:\/\/www.ishwark6.sg-host.com\/will-finalists-receive-oracle-startup-cloud-accelerator-program\/\">Oracle<\/a> to set up its incubation center in the city.<\/p>\n<p><strong>The Plan<\/strong><\/p>\n<p>SAP SE Executive Board Member, Bernd Leukert, thinks that India is right now a very good startup market and this opportunity needs to be used to further the business prospects. The plan which was to start the <a href=\"http:\/\/www.ishwark6.sg-host.com\/will-finalists-receive-oracle-startup-cloud-accelerator-program\/\">accelerator program<\/a> with 75 seats reserved for the top 10 startup pitches seems to be bearing fruit. Till now, the seven startups that have been chosen are:<\/p>\n<ul>\n<li>CloudKare: A cloud-based healthcare platform.<\/li>\n<li>Bluebirch: A reverse <a href=\"http:\/\/www.ishwark6.sg-host.com\/fareye-mobility-platform-logistics-operations-raises-3-5mn-series-funding-round-saif-partners\/\">logistics solutions<\/a> providing platform to maximize returns from unsold, returned or unused tech assets.<\/li>\n<li>ai: An AI-based voice-enabled search platform.<\/li>\n<li>Sellerworkx: A platform helping e-commerce retailers to sell efficiently online.<\/li>\n<li>Moglix: An online place to buy industrial tools and other home utility appliances.<\/li>\n<li>Ecolibrium: A platform that helps in economic and sustained use of power resources like water, air, gas, etc.<\/li>\n<li>Stratawiz Technologies: A platform to help companies boost their productivity.<\/li>\n<\/ul>\n<p>SAP Start-up Studio will monitor their performance during a course of a year and then might explore options like becoming equity stakeholders, get into strategic partnership, or just get into a financial arrangement with the startup. It\u2019s a win-win situation for both the parties. The startups will also gain industry exposure, thanks to SAP\u2019s global reach.<\/p>\n<p><strong>Takeaways:-<\/strong><\/p>\n<ul>\n<li>SAP Start-up Studio selects its first seven incumbent startups for accelerator program in Bengaluru.<\/li>\n<li>The incubator has 75 seats and can select up to 10 startups.<\/li>\n<li>SAP might also explore options like becoming equity stakeholders, get into strategic partnership, or just get into a financial arrangement with the startup.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SAP Start-up Studio to Host 7 Startups Yet, another good news for aspiring entrepreneurs! Global applications software developer SAP just launched its startup accelerator program in Bengaluru. Known as SAP Start-up Studio, it aims at providing young startups with mentoring, technology and infrastructure that are necessary in growing phase. SAP<\/p>\n","protected":false},"author":22,"featured_media":4984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1329,21],"tags":[1330,1331,70,875],"class_list":["post-4983","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-accelerator","category-start-up","tag-sap","tag-sap-start-up-studio","tag-startup","tag-startup-buzz"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/06\/SAP.jpg","_links":{"self":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/4983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4983"}],"version-history":[{"count":3,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/4983\/revisions"}],"predecessor-version":[{"id":5005,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/4983\/revisions\/5005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/media\/4984"}],"wp:attachment":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}