NASSCOM Announces First Start-up Warehouse in Kochi

TechnoparkToday.com>> The National Association of Software and Services Companies (NASSCOM) organized the second edition of the NASSCOM Product Conclave at the Crowne Plaza in Kochi on June 5, 2015. The conclave served as a platform for emerging product companies to access knowledge & support available in the ecosystem. The conclave provided a platform for global and Indian product industry, serial entrepreneurs, CIOs, investors, customers, VCs, angel investors, incubators, Government officials and industry thought leaders to participate, deliberate and actively engage with actionable insights for the product arena.

As part of fast-tracking its effort to reach out to maximum number of entrepreneurs, NASSCOM’s 10,000 Start-Up Program today also announced a strategic partnership with Government of Kerala to open a start-up warehouse in Kochi supported by TBI Technopark. The partnership was announced in the presence of Shri. P. H. Kurien, Principal Secretary – Department of Information Technology, Government of Kerala.

Speaking about the conclave, Mr. Rajiv Vaishnav, Vice President, NASSCOM said, “The Indian products industry has developed exponentially over the years owing to increased accessibility to factors like technology people and opportunity. We are happy to host another exciting session of NPC Kochi. Kochi is rapidly evolving as the hub for Indian startups and NASSCOM is confident that the city has the ability to create great advances to support the product start-ups ecosystem as well. Our focus with this will be to create opportunities for innovative product companies to showcase and promote their products.”

Kochi is one front-runner cities which have the potential to advance into a strong region for software products. While the overall industry has been able to grow revenues by 1.8X in the last 5 years, Kochi have surpassed the industry average growth with support from growing businesses in varied verticals.