Google to nurture local startups in Karnataka

Tags: Economy/Finance State News

Google to nurture local startups

Tech giant Google has signed a Memorandum of Understanding (MoU) with the Karnataka government on 17 November 2022   to promote local startups across the state and create new opportunities through digital skilling initiatives.  The Indian start-up ecosystem is the world’s third largest such ecosystem, with Karnataka being the start-up hub of India.

Google will collaborate with the Karnataka Innovation and Technology Society (KITS) to offer women-led founders and startups across tier 2 and tier 3 cities access to essential training, partners, and expertise on Google’s suite of tools and technologies.

The company will also organise knowledge and mentorship sessions in areas such as cloud, user experience, Android, web, product strategy, leadership and marketing to help these founders with growth, monetisation and tech skills.

Google will equip teachers in local schools with essential training to teach students the necessary skills to promote the fundamentals of online safety and digital citizenship through an interactive curriculum as part of the company's ‘Be Internet Awesome’ programme.

Google’s Startup Mentorship initiative in India 

According to Google, it has mentored over 1,500 startups that have collectively raised over $2 billion and created over 12,000 jobs. Through its Startup accelerator, the company says it has nurtured 116 startups across six batches since 2015.

In June 2022, the tech giant launched a dedicated Startup accelerator programme for women founders, designed to address challenges that are unique to their experience, including fundraising, hiring and many others.

It has also launched a virtual Startup mentoring programme called Startup School India in July 2022, aimed at nurturing 10,000 startups in tier 2 and tier 3 cities.

Google 

It was formed by Larry Page and Sergey Brin in 1998.  In 2015, Google was reorganized as a wholly owned subsidiary of Alphabet Company.

It is an American multinational technology company that focuses on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics.

Chief Executive Officer:  Sundar Pichai

 Global Headquarters: California, United States of America 

Google India Headquarters: Hyderabad 


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