Hyderabad: Happening Hyderabad is ready to play hosts to other tent names with plug and play tech center (PNP), one of the initial investors, accelerator, and the largest company innovation in the world, all arranged to open the first Indian center in Indonesia City.
PNP, which is a prominent initial investor in companies such as Google, Paypal and Dropbox, plans to uncover the center in the first week of December before the CEO of the founder of Saeed Amidi.
The Hyderabad PNP Center will focus on building ecosystems for mobility, IoT, energy and infrastructure.
PNP will focus on Fintech and Lifesciences, Minister of Teutana & Industries KT Office Rama Rao said after his meeting with the PNP leadership team in Paris at the ambition of India held by the Government of France and Incubation of Smart City for IoT and Smart City in the center of Hyderabad, Plug and Play (PNP) will partner with the Seattle-based Triangulum Venture Laboratory.
OMEED Mehrinfahr, MD & Co-Head of Europe, the Middle East and Africa, PNP said that for each PNP verticals selected will invite leading industrial companies from India and their network of more than 500 leading international companies to help accelerate innovation efforts.
Sascha Karimpour, MD for Germany and Startup Autobahn, PNP, said “with enthusiasm and support that Minister KT Rama Rao has shown, PNP will build the most successful collaboration platform in India and mimic the success of Autobahn Startup in Germany, which in the record of time becomes the epicenter of the earthquake International for the collaboration of new technology between established companies and technology startups in the mobility sector.
“Ending investment as a big boost for the state innovation ecosystem, which has boasted the largest T-Hub startup incubator in India, KTR said:” Innovation is the main driver for growth in The mobility sector and we are pleased that PNP has chosen Hyderabad to enter India.
Telangana also moved the value chain in the field of health care, IoT, Energy and Fintech and we look forward to collaboration with PNP to play a major role.
“” We have been able to attract some investments big in the mobility sector in the past recently Therma Suk ZF, Fiat Chrysler / Stellantis and is in the process of creating a world-class mobility ecosystem in partnership with several OEM and Tier-I suppliers, “KTR said.
KTR, who has visited three days to France, has held nearly 20 meetings with Brass for several French multinational companies, including Aerospace Giants Safran and Thales, APAI Major Servier, Schneider Electric, among others.
PNP, which accelerated 2,056 startups at 2020 (585 in the US, 438 in EMEA, and 1,042 in Asia) and made 162 strategic investments by 2020, has a global network of more than 35,000 startups clarified, more than 530 companies and active portfolio investments with We are $ 9 billion appointed in venture funding so far.
It has a presence of 37 locations including the head office of Silicon Valley in the US, Stuttgart in Germany, Paris in France, Osaka in Japan, Shanghai in China, Valencia in Spain, among others.