Oracle Launches the Company’s First “Oracle Startup Cloud Accelerator” in India

by | Apr 8, 2016

Oracle Cloud Infrastructure

Supports Oracle CEO Safra Catz’s Commitment to Advance Digital India Initiatives

Mumbai, India – April 7, 2016 – On the heels of Oracle CEO Safra Catz’s meeting with Prime Minister of India Shri Narendra Modi and a series of investments announced as part of Oracle’s expansion in India and support of Digital India initiatives, the company today announced at Oracle CloudWorld that its first incubation centre will launch in India.

Called the ‘Oracle Startup Cloud Accelerator,” the centre will open in Bangalore on April 8, 2016 and will be inaugurated by Oracle’s President of Product Development Thomas Kurian. Several more centres are slated to launch later in Chennai, Gurgaon, Hyderabad, Mumbai, Noida, Pune, Trivandrum and Vijayawada. Oracle’s Sanket Atal, Group Vice President of Development, will be leading the initiative.

“India is at an exciting phase of growth, innovation and development,” said Thomas Kurian. “Through the Oracle Startup Cloud Accelerator and the growing popularity of cloud as an alternate computing model, we want to be the catalyst for new business ideas. We are committed to furthering the government of India’s ‘Startup India’ initiative. It matches our agenda of fostering entrepreneurship and promoting innovation by creating the right ecosystem for growth and development.”

Oracle Startup Cloud Accelerator

Oracle Startup Cloud Accelerator is a first-of-its-kind global startup accelerator initiative by Oracle. Oracle India will lead the initiative for the company. With Oracle Startup Cloud Accelerator, Oracle aims to help speed up a startup’s development through a combination of technical and business mentoring. The initiative targets midsize firms, including MSMEs[1](micro, small, medium sized enterprises) and startups, which are recognised as a highly vibrant and dynamic sector of the Indian economy that contributes more than 37 percent to India’s GDP[2].

“We chose Bengaluru for our first centre, given that Bengaluru is the second best funded startup hub in the world, outside of USA[3],” added Kurian.

Oracle Startup Cloud Accelerator is open to early-stage technology and technology-enabled startups who are building innovative solutions. The product or service should have the potential to make an impact on customers in the specific industry segment they are targeting. Prospective startup applicants will be reviewed through a meticulous qualification process. Startups can apply online at www.oracle.com/in/startup/ till May 5, 2016. Selected startups will enjoy the benefits of a six month acceleration facilitated by technical and business experts from the industry and Oracle.

In order to help startups have a better chance of succeeding, Oracle Startup Cloud Accelerator will provide them with the following:

  • Structured mentoring
  • State-of-the-art technology
  • Co-working space
  • Access to Oracle customers and partners
  • Access to investors
  • Free credits on Oracle Cloud

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Brian Pereira
Brian Pereira
Brian Pereira is an Indian journalist and editor based in Mumbai. He founded Digital Creed in 2015. A technology buff, former computer instructor, and software developer, Brian has 29 years of journalism experience (since 1994). Brian is the former Editor of CHIP India, InformationWeek India and CISO Mag. He has served India's leading newspaper groups: The Times of India and The Indian Express. Presently, he serves the Information Security Media Group, as Sr. Director, Editorial. You'll find his most current work on CIO Inc. During his career he wrote (and continues to write) 5000+ technology articles. He conducted more than 450 industry interviews. Brian writes on aviation, drones, cybersecurity, tech startups, cloud, data center, AI/ML/Gen AI, IoT, Blockchain etc. He achieved certifications from the EC-Council (Certified Secure Computer User) and from IBM (Basics of Cloud Computing). Apart from those, he has successfully completed many courses on Content Marketing and Business Writing. He recently achieved a Certificate in Cybersecurity (CC) from the international certification body ISC2. Follow Brian on Twitter (@creed_digital) and LinkedIn. Email Brian at: [email protected]
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