Announces Six Innovative Indian Startup Participants in the First Foundry Bangalore •
Summary
The new Bangalore location demonstrates continued commitment of SAP.iO Fund to investing in breakthrough early-stage enterprise software startups, which capitalize on emerging trends and have the potential to unlock significant value for SAP and its customers. “We believe these startups have the ability to positively contribute to India’s growth potential by offering a variety of advanced solutions for SAP’s customers in India and the wider APJ region.” The Bangalore accelerator is the ninth location of SAP.iO and is part of a wider and exclusive global network of similar programs. The SAP.iO Foundries program is a global network of equity-free startup accelerators, which help promising startups integrate with SAP solutions and accelerate their entry into a curated, inclusive ecosystem whose offerings can be easily accessed and deployed by SAP customers. • FocusLabs provides a suite of logistics solutions built on artificial intelligence–based algorithms for route optimization, load planning and smart inspection. • Parcel Perform provides logistics data and value-added services to businesses to supercharge the postpurchase customer experience.
