Mentor, a Siemens business, announced a strategic collaboration program with THE GAIN (The Global Accelerator for Innovation Network) – a Bangalore, India-based technology accelerator company focused on product engineering IP startups. Both organizations will work with innovative Indian startups to accelerate, develop, and customize IP to address both domestic and international markets.
Established to advance Electronics System Design and Manufacturing in India, the collaboration will focus on engaging with startups in the early phase of entrepreneurship. “India’s ecosystem is on a growth trajectory thanks to the ‘Make in India’ focus by the Indian government,” said Poornima Shenoy, the chief executive officer of THE GAIN.
“Mentor has established an outstanding track record of supporting, developing and accelerating startup ecosystems, both in India and across the globe,” said Raghu Panicker, Mentor’s country sales director for India. “Through this strategic collaboration, we look forward to further accelerating the India startup ecosystem by working closely with promising product companies to make them successful,” he added.
