Tata Elxsi and Get2Volume have decided to partner to incubate and grow technology companies in India and Singapore.
Design company Tata Elxsi recently launched incub@TE, an incubation centre programme 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 have agreed to extend their incubation offerings and connections to each other’s portfolio companies.
With incubation managers and venture partners in Silicon Valley and Singapore, Get2Volume provides mentorship, operational and execution capabilities. Get2Volume co-invests with the Singapore National Research Foundation providing funding to enable growth for early stage high technology start-up companies.
In a statement, Rajesh Kumar, Vice-President, Strategic Initiatives, Tata Elxsi, said, “The partnership provides portfolio companies with access to capital, connections and complementary capability.''