Microsoft Runs 100X100X100 Program, Giving Each Indian Startup $100,000 Over 18 Months

Dhir Acharya - Feb 26, 2020


Microsoft Runs 100X100X100 Program, Giving Each Indian Startup $100,000 Over 18 Months

Indian startups have started to make inroads in the SaaS world and Microsoft has noticed that. It launched 100X100X100, a program aimed at helping them.

Indian startups have started to make inroads in the SaaS world and Microsoft has noticed that. A couple of days ago, the tech giant launched 100X100X100, a program that’s aimed to help business-to-business SaaS startups.

On Monday, Microsoft said that in this program, 100 companies will be brought together with 100 startups at the early and growth stage. Each of the companies will spend an amount of $100,00 (Rs 71.5 lakh) over 18 months.

Microsoft Runs 100X100X100 Program

As stated by Microsoft India’s President Anant Maheshwari, this initiative will help startups build scale while creating amazing opportunities for them. Now, businesses can fast-track their digital journeys by adopting enterprise-grade solutions.

In addition, all startups joining the program can access prospective customers at Microsoft industry as well as customer events. Participating startups of the 100X100X100 program can also access the technology platform and guidance of Microsoft to fine-tune their business along with expansion models.

Microsoft Runs 100X100X100 Program

This is not the first time Microsoft has made a move in the Indian startup ecosystem. Apart from 100X100X100, there’s also the Microsoft for Startups program in which early-stage B2B startups can use Microsoft Azure, the firm’s marketplace and enterprise sales team. In early 2019, the tech giant expanded its corporate venture fund M12 to India.

In recent years, startups in India have emerged to build SaaS software to follow the success of companies like Freshworks, whose net worth is $3.5 billion, as well as CleverTap. SaaS startups don’t build hardware or disburse loans so they usually make the most profit margin.

At a SaaS focused event, a high-profile executive sais that India is now one of the most active countries regarding the development of new business services.

>>> Xiaomi Hinted That Dr. K Sivan Of ISRO Should Switch From A Samsung Phone To A Redmi

Comments

Sort by Newest | Popular

Next Story

Read more

Samsung Galaxy M11 Unveiled: Triple Rear Cameras & 5,000mAh Battery

Mobile- Mar 30, 2020

Samsung Galaxy M11 Unveiled: Triple Rear Cameras & 5,000mAh Battery

Samsung Galaxy M11 is a new entry-level offering from Samsung with a decent set of specifications for a budget smartphone.

Swiggy To Bring Its Grocery Delivery Service To 150 Cities

ICT News- Mar 28, 2020

Swiggy To Bring Its Grocery Delivery Service To 150 Cities

Swiggy is set to bring its grocery delivery service to 150 cities around the country after the whole country was put under lockdown until April 14.

These Rs 500 Wearable Devices Alert If Anyone Get Closer Than 1 Meter

Gadgets- Mar 27, 2020

These Rs 500 Wearable Devices Alert If Anyone Get Closer Than 1 Meter

An engineering student from Lovely Professional University has created wearable devices that can help people know if someone gets too close to them.

Online Delivery Services Are Allowed In Delhi For Essential Goods During India Lockdown

Features- Mar 28, 2020

Online Delivery Services Are Allowed In Delhi For Essential Goods During India Lockdown

Delhi Police issued an order that approves delivery for essential products including groceries, food, and medicines, in the city during the India lockdown.

Samsung Galaxy A51 5G Press Render Leaked Ahead Of Official Launch

Mobile- Mar 28, 2020

Samsung Galaxy A51 5G Press Render Leaked Ahead Of Official Launch

Samsung Galaxy A51 5G will be 5G version of last year's Galaxy A51 with a more powerful chipset and 5G connectivity.

Horror Movies Hindi You Should Not Watch Alone During Lockdown

Features- Mar 30, 2020

Horror Movies Hindi You Should Not Watch Alone During Lockdown

Bollywood has its own list of horror movies Hindi that can scare the hell out of you especially if you are home alone during this lengthy lockdown