Oracle has announced the first group of startup finalists for its Startup Cloud Accelerator Program. The Oracle Startup Cloud Accelerator Program was launched in April this year with an aim to catalyse India's startup ecosystem and support the country’s Digital India initiatives.
The startups include ExpertRec: a plug-n-play search and recommendation engine for online marketplaces, which can be added to their websites; Niyo Solutions - a fintech startup focussed on alternate payment mechanisms; Ray iCare - a sleep monitoring device, for epilepsy, sudden infant death syndrome and cardiac attacks, amongst others.
As a part of the Oracle Startup Cloud Accelerator Program, the finalists will receive 125 hours of combined mentorship from Oracle and industry experts, which include CTOs and CIOs of established startups and other peer organisations, access to a co-working space within Oracle’s premises, with internet connectivity, access to customers and free training in Oracle's cloud, Oracle said in a statement.
Further, on the last day of the programme, startups will be given the opportunity to pitch their idea and showcase a demo to prominent technology investors and leaders. Graduating startups will also be enrolled in the Oracle Startup Cloud Accelerator’s alumni program.
The alumni program will provide extended support to these startups, including on-going access to the mentor network and networking platform.
Qualifying startups will also gain fast-track membership into Oracle Partner Network, which now includes about 25,000 consultants, integrators, value-added resellers, and other firms worldwide.