Hyderabad: MATH, an AI and ML technology hub set up by India’s Department of Science and Technology (DST) and T-Hub, on Friday announced the launch of the MATH Nuage program, a one-year incubation program where early and growth-stage artificial intelligence and machine learning startups will receive customized support, advanced technology exposure and market access.
According to an official announcement, startups will receive personalized one-on-one guidance from industry veterans to help them overcome strategic and operational hurdles. The program will also facilitate direct connections with potential investors, increasing the chances of securing significant funding. Additionally, MATH Nuage will help startups identify and enter target markets.
“The Indian AI market is projected to reach $17 billion by 2027, increasing the need to provide essential support to startups. MATH Nuage will drive greater success for AI, ML startups in India and around the world. We plan to expand the program to multiple cohorts, increase startup participation, expand support services, and forge new partnerships with technology providers and investors,” said Rahul Pais, CEO of MATH. The application process includes an online submission of detailed information about the technology, team composition, and specific operational requirements. The selection process includes an initial screening, followed by interviews and a presentation in front of an external jury.