Google is giving away $100,000 worth cloud credit to early stage startup in India
Google today announced that it will host a live contest to give away $100,000 worth cloud credit to an early stage startup in India. The new announcement aligns with ‘Startup India Stand Up India’ initiative that Narendra Modi-led Indian government is set to launch later this month.
India is already considered as a fruitful place for startups, ranking third in the world for the most number of startups after the US and UK. This gives a reason to Google to use its Launchpad program to help early stage startups in the country.
“With the Startup India Stand up India event, the Government of India has shown great foresight in providing a platform to the Startups in the country to engage Industry leaders and successful entrepreneurs to come together and drive the spirit of entrepreneurship forward in the country,” says Rajan Anandan, vice president and managing director, Google South East Asia and India, in a press statement. “And we’re delighted to carry forward the vision and align with ‘Start-up India Stand Up India’ efforts, with a special session focusing on early stage startups by providing them a platform to present their ideas to the world under our Launchpad Program.”
Five startups have been shortlisted for the contest. These include social enterprise Reap Benefit, mobile intelligent remote cardiac monitor maker Cardiac Design Labs, adaptive teaching packs developer Guru-G, wearable app developer SlamdunQ and air pollution transforming Project Kalink starter Sbalabs Pvt Ltd.
Google says that top-three startups on the basis of individual votes will receive an invite to join the next Launchpad Week. And among those, one final winner will be selected by key VCs, Google global leaders and government representatives to win $100,000 in Google cloud credits. The startups will also be eligible for consideration to the Launchpad Accelerator Program in July this year.
Votes for the best startups will be collected for the next two days on Google’s Startup India page.