US-based data storage and management company NetApp Inc. has selected six Indian startups for its first accelerator programme in the country.The startups are Adya, Enclouden, Lightmetrics, Scalend Technologies, Vaultedge and Vitacloud Digital Health, the company told VCCircle.
Deepak Visweswaraiah, senior vice president and managing director at NetApp India, said that there is a huge scope for long-term value creation with a focus on delivering value to enterprises in the data domain with business-to-business startups.
The company had, in June, launched its ‘NetApp Excellerator’ programme in Bangalore. The programme was open to startups working in areas such as Internet of Things, cloud, big data and analytics, machine learning, virtualisation, data security, data management and storage.
NetApp About EnCloudEn
It is focussed on automating IT infrastructure on a private cloud or providing a virtual desktop infrastructure solution. It helps manage, monitor and secure distributed IT systems. It is building an IT system that can run without human intervention. The Bangalore-based startup was founded by Abinash Saikia and Satya Kishore Gontina in 2012. Enclouden is run by Invicto Software Solutions Pvt. Ltd.
Under Excellerator, NetApp will provide an equity-free grant of $15,000 to the selected startups upon completion of the four-month-long programme. The startups will own their intellectual property, and NetApp would not seek a stake in it.