Amazon’s Future Agreement

Shri Ravi Shankar Prasad, Minister for Electronics & Information Technology (MeitY), inaugurated the MeitY Start-up Hub (MSH) at the MeitY Start-up Summit of 2019, on Monday.

The MSH will promote technology innovation, start-ups, and the creation of intellectual properties. Former entrepreneur Deepak Agarwal will put together a team to run the MSH, which is supposed to work like a social media platform for all stakeholders and patrons of the ecosystem, including incubators, accelerators, mentors, angel funds & venture capitalists.

As a nodal agency, Software Technology Parks of India (STPI), an organization under MeitY, is entrusted with the implementation of MSH.

“Investors can also look at the platform to get access to start-ups that are doing path-breaking work in an upcoming area and look at funding them, but this part will come later,” a MeitY official said.

STPI has signed four Memorandum of Understandings (MoUs), declaring a partnership with Intel India, IIM Calcutta Innovation Park, Pontaq & IBM in the field of ICT and emerging technologies.

Prime Minister Narendra Modi has said that the Indian start-up ecosystem will help India achieve the $5 trillion target for the economy, set by the central government.

Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp
Share on twitter
Twitter
Share on facebook
Facebook
Share on email
Email
May 12, 2022
Campus Activewear Limited
Click here to download the report Campus Activewear: Athleisure Super-Giant in the making? Overview Campus Active Ltd. (NSE: CAMPUS)...
April 30, 2022
Monthly Snapshot – April 2022
Click here to download the report When we think or hear of e-commerce websites, the first few names that...
April 2, 2022
Monthly Snapshot – March 2022
Click here to download the report The fact is that life is all about risks. You will never achieve...
March 2, 2022
Monthly Snapshot – February 2022
Click here to download the report The motive behind Russia’s invasion of Ukraine remains a mystery as of now....
February 1, 2022
Monthly Snapshot – January 2022
Click here to download the report As you wait for the Union Budget to be unveiled at 4 p.m.,...
January 11, 2022
The Paradigm Shift in Personal Finance post Pandemic
Introduction to Personal Finance Personal finance is the management of your money through saving and investing. It is concerned...
January 2, 2022
Monthly Snapshot – December 2021
Click here to download the report 2021 was undeniably the best year for Indian startups and the equity market,...
December 25, 2021
Aviation Sector
Industry Insights: The aviation industry has contributed significantly to global economic growth. The global aviation industry is expected to...
December 2, 2021
Monthly Snapshot – November 2021
Click here to download the report After months of farmer protests, Prime Minister Sri Narendra Modi has scrapped the...
December 1, 2021
Scope of REIT
A real estate investment trust (“REIT”) owns, operates, and finances income-generating real estate properties. REITs offer a pleasing investment...