New Delhi, NFAPost: HCLTech, a leading global technology company, has joined the XR Startup Program, an initiative between Meta and the MeitY Startup Hub to discover, nurture and accelerate extended reality (XR) technology startups in India.
HCLTech President, Engineering and R&D Services Vijay Guntur said HCL is thrilled to participate in the XR Startup Program to mentor and support startups and innovators in emerging technologies including augmented reality, virtual reality and mixed reality.
“Digital engineering is of strategic focus to HCLTech and our involvement in this program reinforces our commitment to nurturing emerging technologies and innovation to drive all-around growth,” said HCLTech President, Engineering and R&D Services Vijay Guntur.
As a knowledge partner of this program, HCLTech will help foster a vibrant ecosystem in which Indian startups can pioneer and develop innovative services, hardware and software solutions with focus on education, healthcare and agri-tech, creating significant economic, social and environmental impact.
Meta India Director and Head Public Policy Shivnath Thukral said the XR Startup Programme is playing a crucial role in supporting startups embrace extended reality technologies.
“We are delighted to collaborate with HCLTech for this program. Their leadership and guidance as a trusted partner will greatly benefit the program participants and further Meta’s vision of nurturing immersive technologies and innovation in India to make the country a hub for these emerging technologies,” said Meta India Director and Head Public Policy Shivnath Thukral.
HCLTech’s subject matter experts will provide one-on-one mentorship to the startups, leading thought leadership sessions and providing valuable business and industry perspectives. As the program progresses, the startups may leverage HCLTech’s global infrastructure, next-generation engineering technology and innovation labs to develop, test and validate their use cases.
MeitY Startup Hub CEO Jeet Vijay said MeitY Startup Hub’s focus on innovation and entrepreneurship has made India the third largest startup ecosystem in the world.
“The next wave of innovation, transformation and investments is in XR technologies and the metaverse, and the ‘XR Accelerator’ program will ensure that Indian startups are at the forefront of developing, launching and scaling immersive technology solutions for the global markets. Active collaboration of the academia and industry leaders provides practical guidance and support to the startups to become leaders for this new era,” said MeitY Startup Hub CEO Jeet Vijay.
The XR Startup Program is contributing to India’s efforts in establishing a foundation for the metaverse while fostering the development of XR technologies within the country. This aligns with the country’s vision of transforming the next decade into a ‘Techade’, enabling opportunities for the youth of India.
About MSH
MeitY Startup Hub (MSH), is an initiative of MeitY has been focused on building and strengthening the startup ecosystem across India via the launch of new funding schemes, corporate startup programs, and international expansion programs for startups among other activities. We host 4000+ startups, 51 supported and 476 registered Incubators, 26 Centres of Entrepreneurship (CoEs), 22 Accelerators and 400+ Mentors in our network.
About Meta Platforms Inc.
Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.
About HCLTech
HCLTech is a global technology company, home to more than 223,000 people across 60 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending June 2023 totaled $12.8 billion. To learn how we can supercharge progress for you, visit hcltech.com.
