SAP partners with IIT-Bombay to run an accelerator program, innovation centre

MUMBAI: SAP has partnered with IIT-Bombay to begin a Startup Accelerator Program and the software product giant also opened an SAP Innovation Centre at the engineering college.

SAP tied up with the Society for Innovation and Entrepreneurship (SINE), a technology and business incubator at the IIT campus to run the startup accelerator.

The Startup Accelerator Program is a cohort based, boot camp led accelerator program that will mentor and accelerate the business growth of ten social enterprises or startups over the next year.

The SAP Innovation Centre will host research projects in association with the computer science department of IITB.

The Innovation Centre will also provide an opportunity for students to participate in SAP Mile, a university crowdsourcing platform which allows students to participate in virtual internships to learn and experiment on SAP product ideas and solutions.

“So far, SAP impacted over 250 startups; accelerated and mentored 20 startups and social enterprises to make them investible and enable their next stage of growth,” Dilipkumar Khandelwal, Managing Director, SAP Labs India and Executive Vice President, Enterprise Cloud Services, SAP SE said.