HPE selects 8 Indian starups to mentor under its program

Hewlett Packard Enterprise announced that it has picked eight startups for the HPE Digital Catalyst Program. Among the eight enterprise-focused, a growth-stage startup that HPE picked is Tookitaki’s, Anti-Money Laundering platform that helps enterprises with regulatory compliance.

HPE selects 8 Indian starups to mentor under its program

On 9 November 2020, Hewlett Packard Enterprise announced that it has picked eight startups for the HPE Digital Catalyst Program. It was launched in August 2020 and received more than 60 applications from over India and globally. The seniority of these startups work in artificial intelligence, followed by the intelligent edge, development, and security. Additionally, most of the applications were from startups based in Bengaluru, Delhi NCR, and Mumbai.

Som Satsangi, Hewlett Packard Enterprise India managing director said, “We are delighted to receive an overwhelming response to the HPE Digital Catalyst Program and congratulate the eight selected startups.” “We look forward to working closely with this cohort of startups to jointly build innovative enterprise-grade solutions for our customers,” he added.

As a part of this program, the financial technology company shortlisted 20 applications and among them selected eight enterprise-focused, growth-stage startups and these are:

Tookitaki is an anti-money laundering platform helps FSI’s with regulatory compliance, Techforce.ai helps customers augment their human workforce with an elastic e-workforce, Qualitas Technologies which automates visual processes like defect detection in manufacturing, picoNETS, Deep Edge CDN helps telcos, enterprises, and media companies deliver superior internet experience, Lucideus Technologies Private Limited, a pioneer in cybersecurity and digital business risk quantification with InstaSafe’s zero-trust solutions simplify enterprise security and IndiQus Technologies that helps telcos and ISVs monetize spare IT infra assets by becoming CSPs and Smart Software Testing Solutions Inc, a testing automation platform for the QA Industry.

The company will work with these selected startups along the three tracks of technology to explore technology partnerships through licensing agreements, go-to-market to explore joint solutions and GTM models to address the digitization challenges of enterprise customers, and investment to explore equity investments in longer-horizon technology startups through the Hewlett Packard Pathfinder program.

Additionally, these startups will be mentored by HPE’s technologists from the Indian R&D team and sales leaders. The technology company has engaged LetsVenture as an ecosystem partner to attach with relevant B2B startups and other ecosystem constituents for the program.