NASSCOM inaugurates its second warehouse in Bengaluru

After successfully setting up start-up warehouse in Bengaluru, the National Association of Software & Services (NASSCOM) has announced the inauguration of its second warehouse in the city in the presence of Hon’ble Chief Minister of Karnataka Siddaramaiah, Hon’ble Minister for Bengaluru Development and Town Planning K. J. George, NASSCOM President R. Chandrashekhar, and NASSCOM 10,000 Start-ups Vice-President Rajat Tandon.
Over the years, Bengaluru has developed as the start-up capital of India. The city has nearly 3,100 to 4,900 dynamic tech start-ups and has attained the second-highest growth rate for exit volume and VC investment among the top 20. The warehouse currently has 20 start-ups and with the new space, the warehouse will consist of 100 start-ups. There will be five seats allotted to one start-up. The start-ups will operate for six months. The selection would be finalized by a selection committee comprising of stakeholders from the government as well as the industry, viz. Government of Karnataka and NASSCOM. They will be required to sign a lease agreement with the Start-up Warehouse...Read more

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