MeitY Startup
Hub and Meta Collaborate to Accelerate XR Technology Startups
in India
MeitY Startup Hub (MSH) in collaboration with Meta will launch a program
to support and accelerate XR technology startups across
India.
The program will be announced
on 13 September 2022. Rajeev Chandrasekhar, Hon’ble Minister of State for Electronics
& Information Technology, and Skill Development & Entrepreneurship and Joel
Kaplan, Vice President, Global Policy, Meta, will be present on the occasion.
This collaboration is
part of the Government’s efforts for skilling in emerging and future technologies.
India is uniquely placed
to play a pivotal role in the metaverse with a large talent pool of creators, developers
and a vibrant technology ecosystem. The world looks to it for supply technology,
innovation and talent to cater to the greater demand for digital products.
The MeitY Startup Hub, an initiative of
MeitY, is a national platform focused on promoting technology
innovation, start-ups, and the creation of intellectual properties.
Today, it has around 3000+ tech startups supported, with
a vision to ramp it up to more than ten thousand startups
in the next three to five years.