Rishad Premji, chairman of NASSCOM paid a visit to NASSCOM Bangalore where he interacted with startups associated with NASSCOM10K Warehouse and CoE IoT-DSAI, and extensively discussed the deep tech ecosystem in India.

“What IT services did for India more than 20 years ago, a product-driven ecosystem can do for India today.” He emphasised on the need for companies and startups to continue serving the stakeholders better, by improving product offerings.

Rishad Premji, Chairman of NASSCOM (left) interacting with startups at NASSCOM

The session was highly interactive and informative, as Premji fielded questions ranging from technology disruption in retail, building profitable digital brands online, need for hardware startups in India, growth of product startups supporting enterprises, and evolving investor trends in India.

NASSCOM’s forte of a thriving ecosystem, built on industry liaisons, continues to grow stronger and Premji encouraged the startups to actively participate in the various network events being organized by NASSCOM such as the NASSCOM Product Enclave and the upcoming NASSCOM Technology Leadership Forum, considered among the country’s high profile industry events, with an impressive line-up of companies, government representatives and industry bodies.

Admittedly, fields like IoT and AI are still growing in India, albeit very fast, so there is a growing need to integrate the existing stakeholders and build an ecosystem. Other initiatives such as NASSCOM DeepTech Club and Accelerate 10X are structured programmes intended to provide the deep tech ecosystem in India a strong impetus, and provide an ideal nurturing ground for the next wave of India’s robust startup revolution.

Rishad Premji (right) gets a demo of AI-powered analytics platform Str8bat from founders Gagan Daga and Rahul Nagar. Str8bat is being incubated at NASSCOM CoE-IOT Bangalore’s #InnovateLab

Premji also visited the NASSCOM Centre of Excellence IoT’s state-of-the-art #Innovate Lab, a futuristic facility with a range of equipment required by product companies to build, including a vector signal generator, oscilloscope and 3D printer among others. He spent some time with founders Gagan Daga and Rahul Nagar of Str8bat, which uses analytics and data-driven insights using motion technology for cricket, on a fully-powered AI engine. Str8bat was incubated at the NASSCOM CoE-IoT Bangalore in May 2017 and works out of the facility’s #InnovateLab.

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