Ericsson keen to mentor start-ups in India

Global ICT firm Ericsson today said it is willing to extend helping hand to mentor start-ups in India.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney master your money IThe Winning Leap SME Special
Moneycontrol

Dec 01, 2016, 04.38 PM | Source: PTI

Ericsson keen to mentor start-ups in India

Global ICT firm Ericsson today said it is willing to extend helping hand to mentor start-ups in India.

Like this story, share it with millions of investors on M3

Ericsson keen to mentor start-ups in India

Global ICT firm Ericsson today said it is willing to extend helping hand to mentor start-ups in India.

Post Your Comments

Share Cancel

| 1 Comments
Global ICT firm Ericsson today said it is willing to extend helping hand to mentor start-ups in India.

"The start-up economy in India is booming. In the next couple of years, it will be huge," Ericsson India Global Services managing director Amitabh Ray told PTI on the sidelines of Infocom ICT seminar here.

He said Ericsson is studying how the start-up ecosystem is being built in India.

"We want to see how the start-ups are doing and what kind of disruptions can it bring. If we find that any start-up needs mentoring, we can think of it," Ray said.

When pointed out 99 per cent of the start-ups were failing, he added VCs hire people who were expert in killing companies which do not have a future in order to stop the drainage of resources.

To a query, he said Ericsson does not have plan of funding start-ups as of now.

With around 22,300 people working in India, Ericsson caters to customers globally. It has R&D centres in Bangalore and Chennai.

Buy, Hold, Sell ? Hear it first on M3
Ericsson keen to mentor start-ups in India

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login