Oracle Says Nurturing Indian Startups to Take Them Global
BENGALURU, (IANS) – As India gets its 100th unicorn, Cloud major Oracle on May 6 said it is nurturing the next breed of startups to expand their footprint connecting them with many venture capitalists so that they get the required funding not only in India but globally as well.
“If you’re going to invest in these startups, they are going to grow and become $1-billion unicorns soon. In the process, our Cloud consumption also grows so it is a win-win situation for both. We are not only giving startups access to our customers but also jointly working with them,” Oracles said.
The company has onboarded thousands of startups in the country, nurturing them from early stages on their journey to the Cloud.
The ‘Oracle for Startups’ program was first piloted in Bengaluru before it was scaled globally.
Oracle, which has consistently clocked high double-digit growth in India over the last 4-5 years, is set to further double down on the country as a key growth market in 2022.
India was one of the first few countries where the company opened two local, next-generation cloud regions (Mumbai and Hyderabad) in quick succession.