Home » IT/ITES and ESDM » iCreate, Microsoft and MeitY Join Hands to Transform & Boost Indian Startups in AI

iCreate, Microsoft and MeitY Join Hands to Transform & Boost Indian Startups in AI

During his address the Minister said, “The MoU signing for the partnership between Microsoft and iCreate to launch the IMPEL AI program will catalyze AI startups in India. It takes forward the vision set forth by PM Modi ji during his meeting with Microsoft Chairman and CEO Satya Nadella last year. This partnership is a reflection of our shared vision to build impactful collaborations in AI and emerging technologies, catalyzing startups not only in big cities but also in smaller towns. We believe that partnerships are the way to accelerate the growth of our innovation ecosystem. This partnership will not only be durable but also shape the future of what India and Microsoft aim to achieve with IndiaAI. The Indian innovation ecosystem has reached an inflection point – there has never been a more exciting time than now because growth so far is just the tip of the iceberg. The Next Wave of startups will come from emerging technologies like AI, semiconductors, and HPC, shaping the future of tech. Our government is committed to shaping, nurturing, and catalyzing the future of Safe & Trusted AI.”

Microsoft and iCreate, in the presence of Minister Chandrasekhar launched iMPEL-AI (iCreate-Microsoft programme for Emerging Leaders in Artificial Intelligence) programme. The program will screen 1100 AI innovators across India to become AI Most Valuable Players (MVPs) and focus on priority themes of Healthcare, Financial Inclusion, Sustainability, Education, Agriculture, and Smart Cities. In the second stage, the program will select and scale 100 startups across India to build with Azure OpenAI, and the top 25 will receive go-to- market support from Microsoft’s Global Network to develop advanced, globally competitive products.

Microsoft and iCreate will also provide AI skilling opportunities to 11,000 innovators, startups, and young Indians from across the country through Microsoft’s Learning Management System. On completion, participants will receive globally recognized certifications from Microsoft, providing a significant boost to their employability and career progression.

Jean-Philippe Courtois, Executive Vice President and President, National Transformation Partnerships, Microsoft said, “India is uniquely positioned to seize the extraordinary AI opportunity. To support this, we need to empower the next generation of innovators to harness AI to solve complex problems and scale positive impact. That’s why we are excited to launch the iMPEL-AI innovation program, which will nurture a dynamic AI ecosystem in India and enable AI innovators and entrepreneurs to help bridge the nation’s AI skill gap and create new possibilities across the country. We are already seeing incredible value from AI innovation in India, from supporting farmers with digital chatbots to transforming economic opportunities for underserved communities through translation tools, and Microsoft is dedicated to being India’s copilot in its AI transformation journey.”

Speaking on the occasion, Shri Avinash Punekar, CEO of iCreate, said, “AI is transforming how we are engaging with products and services globally. India has the world’s largest tech talent pool, and we believe that our leadership in AI can position India as a key stakeholder in every domain. iCreate has been a leader in pioneering new initiatives that fuel innovation and unlock the true potential of startups. Through our partnership with Microsoft, our common vision is to leverage India’s tech strength and put India on a pedestal for driving global innovations in AI. The iMPEL-AI programme is carefully designed to foster AI innovation and product development with access to both mentorship and technology infrastructure that are needed by Indian innovators to build globally successful AI ventures.”

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *



Check Also

Competition Commission of India notifies three distinct regulations on determination of turnover, settlement, commitment and penalty guidelines in relation to an enterprise

The Competition Commission of India (CCI) has notified three regulations viz. THE CCI (SETTLEMENT) REGULATIONS, 2024; THE ...

DoT initiates Spectrum Auction to augment the existing telecom services and maintain continuity of services Issues Notice Inviting Applications today to this effect

Department of Telecom (DoT) has initiated the Spectrum Auction to augment the existing telecom services ...

CIL Achieves Record Coal Production of 703.91 MT up to 7th March 2024

The Coal India Limited (CIL) has achieved a record production of 703.91 million tonnes (MT) ...

ChipIN, the one-stop centre for chip designers across the country, gets fillip with support from semiconductor industry leaders

“This is a huge opportunity for current and budding entrepreneurs from Trivandrum and Kerala, to ...

Cabinet Approves Over Rs 10,300 Crore for IndiaAI Mission, will Empower AI Startups and Expand Compute Infrastructure Access

The Cabinet has approved an allocation of over Rs 10,300 crore for the IndiaAI Mission ...

Make in India not only for India but for the world: Power and New & Renewable Energy Minister Shri R. K. Singh exhorts manufacturing industry

The Union Minister for Power and New & Renewable Energy Shri R. K. Singh has ...

Measures by Government shall lead to three-fold increase in Natural Gas consumption by 2030: Petroleum Minister Hardeep S Puri

In a significant stride towards achieving 100% coverage of country’s area for the development of ...

Historical Coal Production growth: Cheaper and Assured Availability

Our country is endowed with 5th largest geological reserves of coal.  We are 2nd largest consumers of ...

Coal Production and Dispatch from Captive and Commercial Mines Goes up by 27% and 29% respectively during Current Fiscal upto February 2024

There is month on month (m-o-m) and year-on-year (yoy) increase in coal production and dispatch ...

Shri Dharmendra Pradhan launches Project ODISERV

Union Minister of Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan, launched Project ODISERV ...

WP2Social Auto Publish Powered By : XYZScripts.com