Tech Mahindra, Bangladesh gov sign MoU to foster Digital Startup ecosystem

Under the aegis of ‘Digital Bangladesh’ charter, Tech Mahindra will mentor start-ups with focus on future technologies
Tech Mahindra has signed a Memorandum of Understanding(MoU) with ‘Startup Bangladesh’ to foster the growth of digital startup ecosystem in Bangladesh, by providing guidance and mentoring to the budding entrepreneurs.

The MoU was signed in presence of Bangladesh Prime Minister Sheikh Hasina and India’ Railways and Commerce and Industry Minister Piyush Goyal.

As part of the comprehensive growth framework outlined within the MoU, Tech Mahindra will be assisting new-age technology startups in the country, focusing on future technologies like Artificial Intelligence, 5G, Big Data, Cybersecurity, Blockchain, Internet of Things (IoT) and Machine Learning, to leverage digital growth opportunities across its global network.

Startup Bangladeshis a concrete initiative by the Bangladesh Government to create new opportunities, develop technical skills and help realize the vision of Digital Bangladesh.

As part of the MoU, Tech Mahindra will extend collaboration opportunities to the innovators of Startup Bangladesh to engage with its research and development arm Makers Lab, which has global footprint including India, US, Europe and Australia.

This collaboration will take up initiatives like Ideathons and Hackathons across educational institutions in Bangladesh.

This will help generate awareness about digital technologies and inculcate a culture of innovative thinking. For selected tech startups, Tech Mahindra will provide support in leveraging its global expertise in solving problems in Bangladesh.

CP Gurnani, MD & CEO, Tech Mahindra, said, “Bangladesh has demonstrated great commitment towards strengthening the digital growth agenda by making requisite investments in developing skills, new technologies and nurturing entrepreneurship. We are delighted to be partnering with Bangladesh in mentoring the local talent to capitalize on the huge growth potential the region has to offer.”

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