Infotech launches Incubation Centre at Vashi
ICICI Group is one of the largest financial organisations
in India . Equipped with innovative technology solutions, it has
changed the transactional habits of thousands of Indians, transformed
the financial sector and has become the first Indian company and
bank to be listed on the New York Stock Exchange
Internet Banking . Web Trading . Today, these killer applications
are part of the Indian business world. They were introduced to India
by ICICI Infotech. They are the people who think big and
with every project change the business landscape of the country.
Their services include :
Some of their assets include a cutting-edge technology and a young
workforce of around 700. Established in September 1999, ICICI Infotech
intends to revolutionise areas like Customer Relationship Management
, m-commerce, and e-governance .
The ICICI Infotech Incubation Centre :
ICICI Infotech , CIDCO and Sun Microsystems have
jointly announced the launch of India's premier technology incubation
centre at the International Infotech Park , at Vashi , Navi
Mumbai , which is expected to start by October 2000 .
The principle objectives of the business incubator are :
to select , nurture & incubate business built around the
world wide web by leverage cutting edge technologies
to provide a platform for venture capitalists in the selection
of units for financing and incubation of funded units
Role of ICICI Infotech :
managing the centre
providing managerial , technical & administrative staff
maintaining the necessary hardware and software
providing all the services offered by the incubator, and
monitoring and mentoring the start-ups .
CIDCO has provided an area of 20,000 square feet , free of cost
, to set up the centre at Vashi. Sun Microsystems will provide the
backend computing hardware to the incubator, free of cost, and will
also provide reference material , media visibility to the start-ups,
and referrals to the incubator. The largest premium technology incubator
centre in the country is expected to stimulate the growth of technology-oriented
projets in India.
More ICICI Infotech ventures will dot the global business landscape
in the future . And with a group like ICICI Infotech , a nimble
, responsive organisation that is constantly re-inventing itself,
we are sure that Mumbai will soon be the e-commerce capital of the
country , challenging and changing business horizons.
Author's Name : Sharmistha