NASSCOM, Facebook ink MoU to engage with India’s entrepreneurs

The trade body of Indian IT firms NASSCOM (National Association of Software and Services Companies) has signed a MoU with Social network giant Facebook to build a product design initiative for Indian entrepreneurs.

The NASSCOM-Facebook initiative seeks to catalyse the innovation ecosystem and to help design thinking in India.

Key facts

  • The initiative will engage the country’s young entrepreneurs into becoming problem solvers and solution builders.
  • It will be country-wide initiative and shall offer focused programmes to build awareness in product design and mentorship.
  • Under it, Nasscom Product Council through its flagship programme will support over 500 product start-ups on product design.

This is for the second time that NASSCOM and Facebook have partnered to promote entrepreneurship and startup initiatives in India. Earlier in 2015, they have partnered for its initiative called Leaders Building for the Next Billion.

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Categories: Business & Economy Current Affairs 2017

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