Vedanta Group News: Vedanta Group Leverages Startup Technology Under Agreement with MeitY-Nasscom Center of Excellence

Conglomerate Vedanta Group plans to leverage technology developed by the startup in partnership with the Mitty Nascom Center of Excellence, a joint statement said Monday.

Vedanta Group’s corporate innovation, accelerator and venture program, Vedanta Spark, is a partnership between the Ministry of Electronics and Information Technology (MeitY) and Nasscom’s Center of Excellence (CoE) – IoT & AI to accelerate the adoption of digital technology-driven innovation. signed a partnership. .

“Vedanta’s collaboration with Nasscom CoE will enable innovative start-ups to demonstrate and develop products in our unique ecosystem. We aim for social and economic sustainability,” said Priya Aggarwal Hebbar, Chairman of Hindustan Zinc Limited and Non-Executive Director of Vedanta Limited, in a statement. The partnership will explore the potential applications of emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) and Augmented Reality (AR)/Virtual Reality (VR) in various areas. increase. Vedanta group.

“The Vedanta Spark program aims to partner with the Vedanta group of companies to leverage transformative and sustainable technologies to accelerate start-ups and create impact at scale, and has already helped 80 companies to date. Startups are participating in more than 120 projects,” the statement said.

Collaboration with the Nasscom CoE will also help the team at Vedanta Spark optimize enterprise-level efforts and processes. Find stories that interest you. “Our partnership with Vedanta Spark aims to unlock a new wave of innovation and business growth to meet both the current and future needs of our customers. “We will showcase interesting use cases across the mining, oil and gas sectors,” said Sanjeev Malhotra, Chief Executive Officer of Meity-Nasscom CoE. Stay on top of important tech and startup news. Subscribe to our daily newsletter to get the latest must-read technology news delivered straight to your inbox.

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