Home Business Microsoft launches 100X100X100 program to help Indian SaaS based startups

Microsoft launches 100X100X100 program to help Indian SaaS based startups

Microsoft has noticed that the new Indian startups have begun to make inroads in the world of SaaS. So the American tech giant today launched a 100X100X100 program which is especially aimed at B2B (business to business) SaaS startups.

Yesterday, the tech giant said that its 100X100X100 program will bring together as many as 100 companies and 100 startups that are currently at a growth stage. Microsoft also stated that each committed company will spend as much as the US $100000 over a course of one and a half years.

Anant Maheshwari, President of Microsoft India, said “This initiative will help build scale and create amazing opportunities for startups. Businesses can now fast-track their digital journeys through easy adoption of enterprise-grade solutions.”

Microsoft launches 100X100X100 program to help Indian SaaS based startups
Microsoft launches 100X100X100 program to help Indian SaaS based startups

In this program, all the participating startups will get access to prospective customers of Microsoft. They will also be able to take part in customer events. Moreover, the participants also get access to Microsoft’s technology platform and they will be guided in their respective business expansion models.

READ  The worlds first C mask that connects to smartphones invented by Japanese company

Right now, Microsoft is the new face of India’s startup ecosystem. Last year, the company also expanded M12, its corporate venture fund into India. Interestingly, Microsoft’s competitors, namely Google and Amazon are also actively helping Indian startups and they are also sponsoring countless events and bandying out a range of goodies.

It seems that the companies have literally added it in their own business models because if the bets work then these startups will already be a customer of their parent organization. Apart from this, the integrated solutions would benefit several other customers as well.

READ  The worlds first C mask that connects to smartphones invented by Japanese company

Following the success of firms like Freshworks with a market valuation of US $ 3.5 billion and CleverTap, recently, we have seen a hike in Indian startups who are trying their best to build SaaS software. As of now, SaaS startups don’t offer any kind of hardware solution.

READ  SONY TO CHANGE IT’S NAME AFTER 60 YEARS

In a recent interview, Shekhar Kirani, an Accel partner said: “Anyone with some coding skills and a cheap laptop can build a service and sell to the world.”

Recently, Godard Abel, Chief Executive of Business marketplace G2, said at a SaaS event that India is already among one of the top five nations who are actively participating in the field of developing new business services.

Last but not the least, it seems that we might hear a lot of announcements from Microsoft soon because its Chief Executive, Satya Nadella will appear at the company’s flagship conference today and tomorrow.

Must Check:

Alvin Holt
Alvin Holt
A geek since his childhood, Alvin loves to know about technology and startups as well as loves to write about them. He loves to spend time playing call of duty.

Stay Connected

16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe

Must Read

The worlds first C mask that connects to smartphones invented by Japanese company

A Japanese start-up called Donut Robotics has developed a smart mask called the C mask, that can connect with your smartphone while...

SONY TO CHANGE IT’S NAME AFTER 60 YEARS

Sony, which is one of the most common names in the consumer electronics market worldwide, has decided to modify its brand name...

Xiaomi launches Mi TV LUX 65-Inch OLED with 120Hz refresh rate and HDR10+

Xiaomi launches their new smart TV, powered with quad-core processor with a black back panel and a wall mounting support. The new...

Hyundai Venue to get the clutchless manual transmission

Hyundai has announced that they are introducing a new clutchless manual transmission in their new Venue Compact SUV. It is called the...

Related News

READ  SONY TO CHANGE IT’S NAME AFTER 60 YEARS

The worlds first C mask that connects to smartphones invented by Japanese company

A Japanese start-up called Donut Robotics has developed a smart mask called the C mask, that can connect with your smartphone while...

SONY TO CHANGE IT’S NAME AFTER 60 YEARS

Sony, which is one of the most common names in the consumer electronics market worldwide, has decided to modify its brand name...

Xiaomi launches Mi TV LUX 65-Inch OLED with 120Hz refresh rate and HDR10+

Xiaomi launches their new smart TV, powered with quad-core processor with a black back panel and a wall mounting support. The new...

Hyundai Venue to get the clutchless manual transmission

Hyundai has announced that they are introducing a new clutchless manual transmission in their new Venue Compact SUV. It is called the...