Google has partnered with the MeitY Startup Hub to launch the Google for Startups AI Academy India 2024 program, aiming to speed up the AI startup ecosystem in India. In step with the IndiaAI Mission, the initiative seeks to assist Indian startups, offering mentorship, assets, and infrastructure to assist them harness the potential of AI. Lately, Google partnered with the MeitY Startup Hub to empower 10,000 Indian startups on their AI journey. In response to a current NASSCOM report, India’s AI ecosystem has skilled a 3.6X development in startups since 2023.
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Google for Startups AI Academy India 2024
“This surge encompasses all areas, from foundational fashions to revolutionary functions and providers poised to rework industries,” mentioned Farish CV, Program Supervisor of Google for Startups Accelerator, India.
This system, working from November to December 2024 throughout seven Indian cities, will help early-stage startups in leveraging AI in sectors reminiscent of healthcare, local weather, agriculture, training, monetary inclusion, cybersecurity, and public infrastructure (together with DPI).
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Eligibility and Advantages for Collaborating Startups
Google has invited startups as much as Pre-Sequence A with a minimal viable product (MVP) to use, providing advantages reminiscent of cloud credit value as much as USD 350K, expert-led workshops on accountable and generative AI, and one-on-one mentoring.
This system is supported by the MeitY Startup Hub and hosted in partnership with Kerala Startup Mission, T-Hub and MATH, IHFC-IIT Delhi, NSRCEL IIM Bangalore, SINE IIT Bombay, IIT Madras Incubation Cell, and IIMA Ventures. Google can be collaborating with NASSCOM AI and Folks+AI to ascertain strategic alignment for this system.
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Assist System for Indian Startups
This initiative is a part of Google’s three-tiered assist system for Indian startups, which additionally consists of the Startup Faculty for early-stage steerage, AI Academy, and the GFS Accelerator for growth-stage assist.