30/6/2020
PUNE (NEW
DELHI): Microsoft’s 100X100X100 program is collaborating
with Accenture to host the third edition of the Accenture Ventures Challenge
for startups in India. To be held on August 11 in a virtual format, this year’s
edition of the annual challenge will recognize startups in India across four
categories: supply chain resilience, channel shift to digital commerce, systems
resilience and responsible technology.
Launched in 2018, the Accenture Ventures Challenge is an
annual event run by the Accenture Ventures Open Innovation program in India
to identify the best B2B tech startups to develop solutions for
real world challenges faced by businesses. This collaboration is the first
corporate access partnership for Microsoft‘s 100X100X100 program in India.
Accenture Ventures Challenge 2020 will identify 12
innovative startups that are helping to address the business and human impact
of COVID-19, driving innovation in the ’never normal’ era. The winner in each
category will be given an opportunity to join the Accenture Ventures Open
Innovation partner program and co-create solutions for Accenture clients around
the world. Winners will also get access to benefits from the Microsoft ScaleUp
program, which supports Seed or Series A B2B startups to scale and co-sell with
Microsoft sales teams.
Lathika Pai, country head, Microsoft for Startups, MENA &
SAARC, said, “The collaboration between Microsoft’s 100X100X100 and
the Accenture Ventures Challenge event reflects our commitment to boost the
entrepreneurial energy of startups and build scale with the enterprise
opportunities. This initiative will truly help startups evolve from being
market-ready to enterprise-ready with the best resources and support from both
Microsoft and Accenture.”
Avnish Sabharwal, MD for Accenture Ventures and Open
Innovation in India, added, “Collaboration across the ecosystem is crucial for
driving innovation, and we are thrilled to bring Microsoft on board for this
year’s Accenture Ventures Challenge. The ongoing business disruption requires
an urgent response, and we are confident that we’ll discover innovative new
solutions from deep tech startups to help solve some of the most pressing
business and human challenges being faced by organizations in India and across
the globe.”
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