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OVERVIEW

NASSCOM is happy to announce its first batch of DeepTech Club. This is a program intended to nurture and promote India’s Deep Tech software ecosystem: to promote creation and evolution of more Deep Tech ventures, products and solutions.

NASSCOM has always focused on cutting edge technological advances. Deep Tech for us would involve Artificial Intelligence (AI), Machine Learning (ML), AR/VR, Robotics, Natural Language IP technologies and so on. We believe Deep Tech is the way of the future and requires focussed attention, as against nurturing a conventional tech startup. Focussed attention for extended duration entails both theoretical knowhow and the practical handholding of Deep tech startups.

THE DEEP TECH CLUB

The NASSCOM DeepTech Club will be a club of identified and curated DeepTech companies who will be recognized, nurtured and promoted by NASSCOM via various programs, platforms and events. Some of the member benefits are enumerated below. The Club will have two segments.

1.Lab to Market
Pre-revenue DeepTech ventures (which might not even be incorporated yet) will qualify under this segment. The product or technology exists only in the lab (In academia institutions), or as an academic paper, or a student project or concept. The objective of the Club will be to mentor and assist these ideas to become real ventures. As these projects mature, they are expected to graduate into the next segment.

2.Crossing the Chasm
The segment will include ventures already generating revenues (up to 1mn USD p.a.) with their Deep Tech product. They will however continue to develop the technology in parallel with growing the venture. The DeepTech program will assist these ventures in business growth, technology development, and access to investors, customers and global markets.

Further, all members will be recognized and promoted at NASSCOM online forums and various events.

Currently Shortlisted Startups
ELIGIBILITY

Deep Tech programme mentee is a (co) founder who is passionate about building cutting edge technology, who is comfortable reading and applying journal papers in their chosen area. Your company is creating new IP technology and/or keen on adopting latest technologies – AI, ML, Robotics, Algorithms, Drone, AR/VR, Speech/Image, Security etc.

VALUE PROPOSITION
Enterprise Connect:
  • Leverage NASSCOM Programs to foster engagements with interested large corporates including global Banking and Financial Services, Technology, Retail, FMCG and other companies.
  • Connect with NASSCOM members to identify opportunities in acceleration, joint sales pitch, M&A and so on.
Global Connects:
  • Explore opportunities to participate in special delegation to explore overseas markets.
  • Participate in global delegate sessions organized by NASSCOM in India.
Global expansion:
  • Mentoring and help in setting up base outside of India.
  • Help in recruiting relevant talent
  • Help with market match making/customer connect opportunities.
Investor connect:
  • Help in getting ready for fund raising.
  • Connects to the right investors.
  • Mentoring in choosing the right funding strategy and target investors.
Tech Mentoring:
  • Advice on the right technology for your specific needs and access to MNC tech companies (H/W and S/W for guidance).
  • NASSCOM ecosystem assistance with respect to tech platform, practitioner perspective, access to test data, Cloud credits, Open APIs and much more.
  • Access to learnings from the Israel Deep Tech ecosystem (from years of experience and success.
Visibility:
  • Recognition as a member of the NASSCOM DeepTech Club.
  • Unleash the potential of various NASSCOM events - Product conclaves, Competitions, business connects.
  • Get featured in product made.in and get discovered easily by potential customers, investors and partners.
HOW IT WORKS
NASSCOM DeepTech Club programme will be conducted in 3 phases

Phase 1 - Application

Phase 2 - Shortlisting

Phase 3 - Onboarding

Themes
  • Crossing the Chasm
    Startups in the space of Deep technologies – AI, ML, Robotics, Algorithms, Drone, AR/VR, Speech/Image, Security etc with traction, Revenue up to $ 1mn)
  • Lab to Market
    For Pre-revenue Companies.Helping great ideas, Proofs of Concept in the space of Deep Technologies from labs in Institutes towards business connect, Investor connect and Industry Exposure.
Judging Criteria
Solutions will be judged on a combination of the following critera

TECHNICAL DEPTH

BUSINESS VALUE

UNIQUE IDEA/ INNOVATION

ADOPTION OF SOLUTION

Jurors

Subinder Khurana
Between Ventures

Ravi Gururaj
QikPod

Vijaya Kumar Ivaturi
Crayon Data

George Mathew
Fractal Analytics

Srikanth Sundararajan
Ventureast

Ashwani Sharma
Google

Milind Hanchinmani
Intel Corporation

Avnish Sabharwal
Accenture

Vinod Sood
Hughes Systique

Narendra Bhandari
Microsoft

partners
faqs
  • How does the programme work?
    At a high level, post your selection to the programme, you will be assigned a primary and secondary mentor. The mentors will bring-in other experts as required from the NASSCOM ecosystem to help you understand and apply it to your business. You will be expected to discuss your current focus, technology landscape and roadmap with the mentor. Action items from the mentor are to be followed up and traction to be brought up for periodic review. Connect with the mentors will be either in person or virtual depending on the mentor & mentee convenience. Mentors are achievers in their own fields and are always stretched for time, and also are devoting this time for the greater good of the ecosystem – Mentees to ensure the sanctity of the programme in terms of punctuality, attendance, follow ups, amicable and open to feedback etc. There will be no NDA/restrictions in IP for the entire programme.
  • What to do in case of specific questions with respect to the program?
    We strongly recommend you to fill and share the attachment as a first step. Post our internal discussion we will get back to you with the next steps and also hash out any questions you might have about the program.
  • How do you enroll into this programme?
    Please fill details of your company in the link given and share it with us. Post receiving your details, mentees will be notified by email about the next steps. We are envisioning a qualitative batch of not more than 10 selected companies.
contact

Have a query? Need more information? Send us an email on

saravana@nasscom.in