Intel deepens start-up engagement in India

Chip maker Intel deepened its start-up engagement in India with the close of the second edition of Plugin Start-ups Demo Day. This is part of the Intel India Maker Lab programme in Bengaluru, in which 11 start-ups showcased innovative products and solutions.

Plugin is a unique collaborative incubation programme between Intel India, Department of Science and Technology (DST), the Government of India, and Society for Innovation and Entrepreneurship (SINE) – Indian Institute of Technology, Bombay.

The 11 start-ups have raised Rs. 22 crore funding in total. Five start-ups with revenue generating products and three which are doing paid customer trials have collectively generated a revenue of Rs. 24 crore. Three are in final stages of product development.