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On Wed, 11 Sept, 4:05 PM UTC
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Yotta, nasscom, and Telangana AI Mission launch Shambho Accelerator Program for Indian Startups
Startups from nasscom's GenAI Foundry will be the first to start receiving the benefitsProgram to benefit over 3,600 deeptech startups in IndiaEnables access to India's largest concentration of NVIDIA's H100 GPU's via Yotta's Shakti Cloud Platform Yotta Data Services, an end-to-end Digital Transformation service provider, has launched Shambho, an accelerator program for Cloud & AI startups to provide them with world-class AI & cloud infrastructure, mentorship, technological support, and more. Launched with support from nasscom AI and Telangana AI Mission, Shambho aims to foster innovation in the startup sector and encourage the development of cutting-edge solutions in Cloud, AI, data science, and high-performance computing. Through this program, the startups identified by nasscom's GenAI Foundry will get access to credits up to USD 200,000 for Shakti Cloud, India's fastest AI-HPC supercomputer. Yotta will also provide regular mentorship sessions tailored to the specific needs of startups and provide access to training and technical support throughout their growth stages. Moreover, being a part of the Yotta ecosystem will also give these startups additional business opportunities through participation in networking events, and membership to Yotta and nasscom startup communities for knowledge sharing and collaboration. Commenting on this partnership, Sunil Gupta, Co-founder & CEO of Yotta Data Services, said, "India's tech-startup ecosystem is a pivotal force propelling the nation towards its ambitious $5 trillion economy goal. Anchored by an abundant talent pool and formidable entrepreneurial spirit, our strength is evident. However, the success of GenAI hinges on scalable access to high-performance computing. Our objective is to democratize supercomputing and hyperscale cloud access for Indian enterprises and startups, a gap we aim to fill with our cloud platforms. This collaboration with nasscom reaffirms our dedication to catalyzing India's AI journey towards self-reliance in innovation." This collaboration underscores Yotta's commitment to advancing nasscom's vision of fostering innovation in deeptech startups, aligning seamlessly with the current momentum of AI adoption in India and the nation's burgeoning reputation as a hub for research and development. Sangeeta Gupta, Sr. Vice President and Chief Strategy Officer, nasscom said, "As we witness the evolution of Generative AI, it also opens numerous opportunities for enterprises and startups. Winning in the AI race requires businesses to place the right strategic bets in terms of acquiring the necessary computing infrastructure and identifying the most optimal modes of engagement with stakeholders. Accelerator Programs such as Shambho will not only help augment India's AI innovation but will also certainly encourage AI startups to develop cutting-edge solutions in Cloud, AI, data science, and high-performance computing." The Indian tech startup landscape is expanding rapidly, with over 70% of the startups leveraging advanced technologies like AI, Blockchain, IoT, and Robotics to transform industrial processes and solve major social and economic issues. Powered by NVIDIA's H100 Tensor Core GPUs and designed specifically for AI and HPC workloads, Shakti Cloud offers incredible GPU-as-a-service capabilities complemented by free credits to empower entrepreneurs in building AI products with enhanced efficiency and agility. About Yotta Data Services Yotta Data Services is an end-to-end digital transformation service provider offering cloud, GPUs, data centre hosting, connectivity, and cybersecurity services; cyber-workspaces; managed applications; and a range of managed IT services. Yotta operates its cloud regions at its hyperscale data centre parks in Panvel (Navi Mumbai) and Greater Noida (Delhi NCR). Yotta's Cloud is also Meity empanelled (VCC and GCC). The company has launched India's fastest AI-HPC supercomputer, "Shakti Cloud," and plans to launch its open source-based, feature-rich hyperscale cloud, "Yntraa," in 2024.
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Yotta Launches Shambho Accelerator Programme for AI Startups
Illustration by India Is Working To Develop A Supercomputer To Facilitate AI Framework Yotta Data Services, a digital transformation service provider has launched Shambho, an accelerator program designed to nurture and accelerate the growth of Indian startups in the Cloud and AI sectors. Partnering with Nasscom and the Telangana AI Mission, Shambho aims to provide startups with world class infrastructure, mentorship and technical support. The programme aims at benefiting startups from Nasscom's GenAI Foundry offering them access to credits worth up to USD 200,000 for Shakti Cloud. Yotta will also provide tailored mentorship sessions, training and technical assistance to help startups scale their operations and develop innovative AI solutions. "Our goal is to democratise supercomputing and hyperscale cloud access for Indian enterprises and startups, and this partnership with Nasscom reaffirms our commitment to catalysing innovation in the country," Sunil Gupta, co-founder & CEO of Yotta Data Services, said. Shakti Cloud, powered by NVIDIA"s H100 Tensor Core GPUs, offers GPU-as-a-service, at affordable prices enabling startups to build AI products with enhanced efficiency and agility. By providing startups with the necessary resources and support, Shambho aims to contribute significantly to India's AI journey. Recently, Yotta also announced a partnership with the Government of Telangana to establish a cutting-edge high-performance GPU-based AI Supercomputer within a purpose-built high density liquid cooled Data Centre campus in Hyderabad's AI City. The first phase of the Supercomputer consisting of 4,000 high performance GPUs and the first Data Centre within the campus, Yotta H1 will be operational within the next 24 months. Once fully built, the AI Supercomputer will be powered by 25,000 GPUs.
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Yotta Data Services, NASSCOM, and Telangana AI Mission have joined forces to launch the Shambho Accelerator Program, aimed at supporting and nurturing AI startups in India. The program offers access to high-performance computing resources and mentorship opportunities.
In a significant move to foster artificial intelligence (AI) innovation in India, Yotta Data Services has partnered with NASSCOM and the Telangana AI Mission (T-AIM) to launch the Shambho Accelerator Program. This initiative aims to provide crucial support to AI startups, helping them overcome technological barriers and accelerate their growth 1.
The Shambho Accelerator Program is designed to offer a comprehensive package of resources and opportunities to participating startups:
The program is open to AI startups across India, with a focus on those working in areas such as computer vision, natural language processing, and other AI domains. A rigorous selection process will be employed to identify the most promising candidates for the accelerator 2.
Sunil Gupta, Co-founder, MD & CEO of Yotta, emphasized the program's potential to drive innovation in the AI sector. He stated, "By providing startups with access to high-performance computing resources and mentorship, we aim to remove technological barriers and accelerate their growth" 1.
Debjani Ghosh, President of NASSCOM, highlighted the importance of such initiatives in strengthening India's position in the global AI landscape. She noted, "Programs like Shambho are crucial for nurturing the next generation of AI innovators and entrepreneurs in India" 1.
The Shambho Accelerator Program is expected to play a pivotal role in shaping the future of AI innovation in India. By providing essential resources and support, it aims to empower startups to develop cutting-edge AI solutions that can address real-world challenges and contribute to India's technological advancement 2.
As the program progresses, it is anticipated to create a ripple effect in the AI ecosystem, inspiring more collaborations between industry leaders, government bodies, and startups. This synergy is likely to propel India further in its journey to become a global AI powerhouse.
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