Hewlett Packard : launches HPE Digital Catalyst Program to identify, mentor and support the next generation of Indian startups
August 17, 2020 at 10:48 am EDT
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Hewlett Packard Enterprise launches HPE Digital Catalyst Program to identify, mentor and support the next generation of Indian startups
AUGUST 17, 2020 • PRESS RELEASE
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The HPE Digital Catalyst Program will focus on partnering with startups working in AI, DevSecOps, cybersecurity and intelligent edge
Participants will be supported by HPE teams including mentoring by HPE technologists, market validation with HPE's sales leaders, rapid prototyping support and solution showcasing opportunities
The HPE Digital Catalyst Program is our effort to connect the path-breaking innovations ushered by India's vibrant startup ecosystem with the digitization needs of our enterprise customers
The program will focus on partnering with startups working in artificial intelligence (AI), DevSecOps, cybersecurity and intelligent edge
Bengaluru - August 17, 2020 - Hewlett Packard Enterprise (HPE) today 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.
HPE Digital Catalyst Program helps growth stage startups explore technology, GTM and investments
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As part of this program, 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 program 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.
'COVID-19 has acted as a catalyst in accelerating digital transformation around the world,' said Som Satsangi, managing director, Hewlett Packard Enterprise, India '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 digitization needs of our enterprise customers.'
The program creates conversations for India's tech startups, uniting capital, customer and community
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'At LetsVenture our focus has always been to add value to the journey of startups not just with capital but by opening up meaningful networks,' said Shanti Mohan, Co-founder, LetsVenture. '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.'
The applications are now open and the last date for submission is 18th September 2020.
About Hewlett Packard Enterprise
Hewlett Packard Enterprise is the global edge-to-cloud platform-as-a-service company that helps organizations 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. For more information, visit: www.hpe.com.
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Hewlett Packard Enterprise Co. published this content on 17 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2020 14:47:01 UTC
Hewlett Packard Enterprise Company specializes in the development of IT solutions and services for businesses. Net sales break down by activity as follows:
- development and integration of technological solutions (83.8%): servers development and server management solutions, technology services, consulting, maintenance services, implementation of infrastructures and technical support), development of convergent data storage solutions and systems, sales of network systems and development of management and network security solutions;
- financial services (11.9%): mainly financing services for the digital transformation of businesses;
- other (4.3%).
Net sales are distributed geographically as follows: the United States (35.6%), Americas (7.6%), Europe/Middle East/Africa (34.8%), Japan and Asia/Pacific (22%).
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