Oracle has launched Startup Cloud Accelerator for Startups in India. Startups can take benefit from various services they need at the initial stage.

After Honorable PM Mr. Narendra Modi launched Startup India campaign, India became a global platform for many startups to flourish. Startup India campaign itself holds a lot of services for startups to grow. Expanding the sector more Oracle an American global computer technology firm has launched Startup Cloud Accelerator for Startups in India.

This cloud platform will be one stop solution for new startups to get a variety of service required at the initial stage. Due to cloud platform, it removes the bondage of region. Startups from different cities can connect and expand their network. The company has planned to set around 9 startup incubators around the country to support emerging companies with the help of technology. Motive behind cloud based startup acceleration is to provide a virtual platform for startups to cultivate their growth in less time.

Many startups at initial stage are not in the position to spend on infrastructure. Having a cloud based incubation service will help the startups to grow a lot faster. The platform is not just limited to services, but new associates from new startups can connect with existing successful startups executives and learn from them. They can also learn through various venture capital funds to make their startup better. Bengaluru is the first place to get Oracle Startup Cloud Accelerator. Later it would spread in different region of the country.

Takeaways:

• Oracle to setup India’s first Cloud Accelerator for Startups
• The first one will be started in Bengaluru and then to 9 other states.
• The cloud accelerator will offer a variety of services to flourish the startup sector.