Nasscom 10,000 Start-ups along with IvyCamp, a venture of IvyCap, has made a collaboration to strenghten the Internet of Things (IoT) movement in the Indian start-up ecosystem.
According to a Nasscom official, it has been deduced that the initiative will bring together start-ups, investors, mentors and industry bodies to focalise and venture out possible ways of working together.
Industry participants are to be connected to the entrepreneurs to cater supervision on systematizing the IoT business further.
Officials of Nasscom opined that under the umbrella of this new partnership, one of the most crucial action would be to host an annual event R-IOT, Rendezvous for the IoT ecosystem.
The Nasscom 10,000 Start Up Warehouse. Mumbai was the witness to the very first event on July , which aimed at bringing together innovators, mentors, investors and corporates in the IoT space under one roof to educate the populace on the latest innovations and challenges in IoT.
IvyCamp declared that in near future they shall be hosting an investor education programme on financing IoT start-ups.
