Tata Elxsi and Get2Volume (G2V) announced their partnership to incubate and grow technology companies in India and Singapore. Tata Elxsi has launched incub@TE, an incubation centre program to nurture and support aspiring entrepreneurs. Get2volume, based in Singapore and with funding from the Singapore’s National Research Foundation invests in, mentors and helps grow innovative microelectronics-centric companies.
Tata Elxsi and G2V agreed to extend their incubation offerings and connections to each other’s portfolio companies.
Get2Volume extends its incubation program to Tata Elxsi companies that include connections, access to the ecosystem within Singapore and funding for companies that meet G2V criteria.
Tata Elxsi extends its incub@TE program to Get2Volume portfolio companies that want to build their businesses in India, with infrastructure, mentorship and go-to-market support. It will further offer access to world-class product engineering and its Technology IP portfolio, to help reduce development costs and time to market. These will be covered under separate agreements with the respective portfolio companies.
“Technology companies are global from day one,” said Mike Holt, Get2Volume CEO. “Working together with Tata Elxsi, we bring our companies global growth and execution capabilities”.
“This partnership provides portfolio companies with access to capital, connections and complementary capability. We look forward to working together to nurture and empower the next generation of technology entrepreneurs and enable their success” added Mr. Rajesh Kumar, Vice President, Strategic Initiatives, Tata Elxsi.