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Bosch India improves the business continuity of the start-up ecosystem

India Blooms News Service | | 06 Jun 2017, 04:57 pm
Bengaluru, June 6 (IBNS) Bosch India on Thursday announced the graduation of 13 technology startups from its launch accelerator program- Discover, Nurture and Accelerate (DNA).

After 18 weeks of intense development, mentoring and piloting, Bosch will partner and collaborate with these technology start-ups that work in the areas of, aerospace, mobility, social impact, healthcare and agriculture, apart from others.

“Bosch has an inherent advantage. We draw on our years of experience, spanning across several industries, to mentor these start-ups. We support nascent teams by offering technological inputs. Such aspects, will help the eco-system in the long-term as we are geared towards improving their business sustainability,” said Manohar Esarapu, head, Bosch India, corporate venture program D.N.A.

Industry estimates that roughly 95 percent of the start-up ventures in India fail owing to lack of guidance and maturity.

This is especially true as far technology development and business planning is concerned. “By combining the creativity of start-ups with the experience of Bosch, significant value can be unlocked,” commented Esarapu.
 

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