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How Oracle is doing its bit for innovative tech startups in India?

four min read
Opinions expressed by Entrepreneur contributors are their very possess.

The Oracle Startup Cloud Accelerator Program was incubated in April 2016, and the main edition of the initiative was launched in Bangalore, India. Oracle introduced the global expansion of the programin January 2017 thru a multimillion dollar investment for startups at some stage in the globe.

In this regard, Oracle’s StartupCloud Accelerator has been focussing on partnering with startups for reimagining challenge innovation. Below the umbrella of the Oracle Global Startup Ecosystem, Oracle affords a residential and a non-residential, virtual-vogue programwhere startups can leverage Oracle’s abilities  throughoutall stages of progress and pattern. As share of the Oracle Startup Cloud Accelerator program, startups get accessto Oracle’s 430,000+ customers, a large alternative for startups to garner new enterprise and amplify their attain. The program is unfold out at some stage in 9 centres worldwide, :Bangalore, Delhi-NCR, Mumbai, Bristol, Sao Paulo, Tel Aviv, Paris, Singapore, and Austin being the ninth center that was launched this year.

The Oracle Startup Cloud Accelerator program (a residential program), leverages Oracle’s astronomical global resources and enterprise-leading cloud solutions. ey aspects of this technique consist of:

  • Structured mentoring
  • Train-of-the-art technology
  • Coworking condo
  • Entry to Oracle customers and companions
  • Customized Curriculum
  • Investor Connects
  • Free Cloud credit

As far as Indian startups are concerned, the OracleStartup Cloud Accelerator program has enabled alternative contemporary ventures in the country to construct their very possess platform, migrate their core solution and ambiance to the Oracle Cloud. Just a few of these startups have also built-of their APIs with open APIs from Oracle`s Core Banking Platform.Integration with Oracle`s Retail, HCM Cloud,  and Lifestyles Sciences solutionsis also progressing impulsively.

To call upright about a startups (with irregular units) continuing to benefitfrom this program consist of SafeHats, Statlabs, MusicMuni Labs, Dressire, ChatterOn, RepUp, IPHawk, moneytor, Teknospire, Disprz, Digital Agents, Inicu, Original4Sure, doLoop Technologies and KiViHealth.

Reggie Bradford, senior vice president, Startup Ecosystem and Accelerator, talked about, “The main cohort included greatly proficient startups creating innovative new products in areas starting from e-funds to synthetic intelligence. We watch for working with extra rising firms in India`s thriving startup market, and are dedicated to proceed to construct an ecosystem of co-pattern and co-innovation the set up startups, customers, and Oracle all clutch.”

Jitesh Nagaria, Founder and CEO of doLoop Technologies says, “Partnering with Oracle and adopting Oracle Cloud has greatly superior our enterprise, permitting us to bring our product memoir to our purchasers, as Oracle is believed to be one of the largest health and lifestyles sciences product company.”

As antagonistic to its Startup Cloud Accelerator Program, Oracle also affords a personalized Oracle Startup Initiative which is a non-residential program open at some stage in the year. This program affords collaborative partnership for startups to enable next-technology progress. Different,advantages of this technique are enterprise pattern and cloud-essentially essentially based innovation.

The Oracle Scaleup initiative is personalized-made for startups, venture capital, and non-public fairness portfolio firms to enable progress and scalability.Startups which would possibly perchance well be chosen for the Scaleup program would possibly perchance well be provided get admission to to Oracle resources equivalent to Oracle Cloud credit and reductions, migration support, mentoring, marketing, engagement alternatives with Oracle customers and companions.

Netra, a member of Oracle Scaleup, is engaging their complete infrastructure onto Oracle Cloud and had this to mumble about Oracle Cloud vs. other cloud suppliers: “The setup on Oracle Cloud processed a single image in a subject of milliseconds and at a speed 30% sooner on Oracle Cloud … Oracle clearly out performs Google Cloud by components of each and each performance and price.”

Capabilities for the upcoming cohorts for the Startup Cloud Accelerator program are for the time being open. Click right here to apply for this technique.

Oracle Startup Cloud Accelerator is constructing a benchmark in the startup ecosystem in India enabling tech startups to slice out a distinct segment of their domains.