University of California Berkeley partners with Quantela to set-up Smart City Accelerator and Innovation Centers in India
New Delhi, Aug 3 (KNN) In a bid to address the challenges faced by corporates, governments and startups on smart cities, the Innovation Acceleration Group, University of California, Berkley has collaborated with Technology Company Quantela and Invest India to set up a smart city accelerators and innovation centers in India.
This partnership will help the technologically driven Indian startups in areas such as smart mobility and smart power, which are important for smart cities, said Deepak Bagla, MD and CEO-Invest India.
He said that the Indian Government’s initiative to create more than 100 smart cities is unprecedented in the World and provides immense opportunities for tech start-ups.
“Start-up India Hub, with its pan-India membership, is likely to help entrepreneurs in not only the metros, but tier-II and tier-III cities too,” added Bagla.
Commenting over this partnership, Sridhar Gadhi, Founder and CEO, Quantela, said, “Our aim is to create a start-up ecosystem focused on creating solutions to curb growing urban challenges.”
He said that the Quantela will provide access to the world- leading IoT platform to students, start-ups, entrepreneurs, and corporates to join and innovate on this platform.
The accelerator will teach selected start-ups to identify business opportunities (real problems that require real solutions), validate product ideas through investment-readiness levels, engage with potential customers, build scalable business models, and manage team dynamics.
On the other hand, the innovation centre will help build an ecosystem of smart city partners integrated on a single platform.