SAP plans to strike tech startup deals from $35 million SAP.iO fund - News Summed Up

SAP plans to strike tech startup deals from $35 million SAP.iO fund


SAP.iO also runs a joint accelerator programme with Techstars Accelerator called SAP.iO Foundry in Berlin. This year’s batch of 10 startups include Indian startups Praktice.ai, Sustanalyze, Greendeck, Bewgle and RefineAi. SAP.iO also runs a separate, joint-accelerator programme with US-based Techstars Accelerator called SAP.iO Foundry in Berlin. The SAP.iO fund makes direct equity investments of $150,000-250,000 in early-stage startups. earlier this year, and Jambunathan did not rule out SAP backing more Indian startups in the future, given the depth and breadth of the Indian startup ecosystem.


Source: Mint December 07, 2017 09:22 UTC


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