Hewlett Packard Enterprise Programme Will Focus On partnering With Startups Working In AI, DevSecOps, Cybersecurity And Intelligent Edge
Bengaluru, NFAPost: Hewlett Packard Enterprise (HPE) announced the launch of HPE Digital Catalyst Program — an initiative in partnership with the angel investing platform LetsVenture — to identify, support, co-innovate and go to market with the next generation of digital disruptors in the Indian startup ecosystem. With more than 50,000 startups, India is believed to have the third largest startup ecosystem in the world.
The HPE Digital Catalyst Program will focus on partnering with startups working in artificial intelligence (AI), DevSecOps, cybersecurity and intelligent edge.
As part of this programme, HPE will work with a selected cohort of eight enterprise-focused, growth stage startups along three tracks:
a. Technology – to explore technology partnerships through licensing agreements
b. Go-to-market (GTM) – to explore joint solutions and GTM models to address the digitization challenges of enterprise customers
c. Investment – to explore equity investments in longer-horizon technology startups through its Pathfinder program.
Startups participating in the programme will receive support from HPE teams including technology mentoring by HPE’s distinguished technologists, market validation and mentoring with HPE’s sales leaders, rapid prototyping support to build joint solutions and solution showcasing opportunities.
Disruptive startups aligned to HPE’s strategy will also have the opportunity to pitch to the HPE Pathfinder program for funding.
Hewlett Packard Enterprise India Managing Director Som Satsangi said Covid-19 said has acted as a catalyst in accelerating digital transformation around the world.
“At HPE, we have always been a believer in the power of partner ecosystems in driving innovation. The HPE Digital Catalyst Program is our effort to connect the path-breaking innovations ushered by India’s vibrant startup ecosystem with the digitisation needs of our enterprise customers,” said Hewlett Packard Enterprise India Managing Director Som Satsangi.
HPE had announced its plan to invest $500 million in India over the next five years. The move comes as a strategic investment that underscores HPE’s long-term commitment to India. The company believes the move will help the company to grow its operations, manufacturing and employee base in the country. This also underscores HPE’s commitment towards increased research and development (R&D) and services exports, as well as invest in technology initiatives to drive positive change for local Indian communities.
Commenting on the initiative, LetsVenture co-founder Shanti Mohan said LetsVenture focus has always been to add value to the journey of startups not just with capital but by opening up meaningful networks.
“Partnering with the HPE Digital Catalyst Program will help create customer conversations for India’s best deep tech enterprise startups. It is bringing together capital, customer and community to founders,” said LetsVenture co-founder Shanti Mohan.
The applications are now open and the last date for submission is 18th September 2020.
Hewlett Packard Enterprise is the global edge-to-cloud platform-as-a-service company that helps organisations accelerate outcomes by unlocking value from all of their data, everywhere.
Built on decades of reimagining the future and innovating to advance the way we live and work, HPE delivers unique, open and intelligent technology solutions, with a consistent experience across all clouds and edges, to help customers develop new business models, engage in new ways, and increase operational performance.