German software maker SAP has picked Bengaluru for its first startup incubation centre, joining the likes of Microsoft and Oracle that have established similar programmes in India's main hub for emerging technology businesses.
SAP Startup Studio, to be launched on Thursday, will offer a 12month accelerator programme under which it will invest financially in startups as well as provide space, access to technology infrastructure, mentoring and business consulting.
The company has finalised seven startups for its initial programme
1.Cloud-based healthcare platform CloudKare.2.Reverse logistics service provider Blubirch,3.Conversation commerce chatbot Niki.ai,4.Ecommerce marketplace solution provider Sellerworx,5.Sales performance management platform Stratawiz,6.Energy management IoT company Ecolibrium Energy and 6.Business-tobusiness ecommerce provider Moglix.
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