Start-ups

MG Motors along with tech titans to launch a Grant Program for Startups

MG Motors along with tech titans to launch a Grant Program for Startups

Presently MG Motor has gone above and beyond and has propelled another program for new businesses which have some one of a kind and inventive thoughts.

MG Motor has concentrated on getting new advancements India directly from the beginning.Truth be told, the organization had reported to direct this program in April itself when it had shown the associated vehicle tech.

MG Motor isn’t working alone in this program and is joined by the entirety of its tech accomplices like Cognizant, Adobe, TomTom, Airtel, SAP to help these new companies. Together, they will spend between ₹ 5 lakh to ₹ 25 lakh on every thought which will be chosen after broad investigation. Strangely, they have not fixed any stage or parameter for the new companies to characterize and even little new businesses begun by youthful wannabes straight out of school can take an interest. All they are searching for is a thought which merits dealing with.

Rajeev Chaba, President & MD, MG Motor India was quoted saying at an event, “We have partnered with leading tech giants to enable start-ups to build innovative applications that would enable unique experiences for customers across the entire automotive ecosystem. More partners are likely to join the program in due course.”

He further added, “The program will ensure proper mentoring from over 20 industry leaders for start-ups, laying a foundation for them to excel in the future and trigger a stream of newer Internet Car use-cases that will, in turn, drive adoption of new technologies within the Indian automotive ecosystem. It has been our commitment in the market and Innovation is our key pillar.”

The program begins today and all wannabes can enroll at organization’s site before the end of October.

Stay tuned for more updates.