Innovation platform Plug and Play chooses Hyderabad for India foray
The Hindu
Leadership team met Minister KTR in Paris, official launch of centre in December
Innovation platform Plug and Play Tech Center will be setting up it’s first India centre in Hyderabad, the firm said after a meeting of its leadership team with Telangana IT and Industries Minister K.T.Rama Rao in Paris.
The facility will be officially launched in the first week of December in the presence of Mr. Rao and the company’s founder and CEO Saeed Amidi, the Minister’s office said in a release. The Minister is in Paris, leading a delegation from Telangana, and the meeting with Plug and Play executives was held on the sidelines of the Ambition India event hosted by French Government and Business France.
Headquartered in Silicon Valley and having 37 offices worldwide, Plug and Play serves as a platform connecting startups, companies, venture capital firms, universities and government agencies. Besides spurring innovation through the network, it is also an accelerator and early stage investor in startups.