Ending Soon! Save 33% on All Access

Entrepreneurs Take Note: Pointers from Intel's Maker Lab Event Bangalore alone should have 5 startups per day!

By Sneha Banerjee

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

Intel Technology India Pvt Ltd (Intel India) hosted its first Maker Lab Startup Conclave and Demo Showcase at its Bangalore campus. The Intel India Maker Lab was set up about a year ago, to enable startups accelerate their hardware and systems innovation towards creation of new products and solutions by offering infrastructure, technology, tools and mentorship.

In an interaction with media, Nivruti Rai, GM , Intel India & VP of Platform Engineering Group and Jitendra Chaddah, Sr, Director, Strategy & Operations, India, spoke about the potential of the startup ecosystem and their vision with the Maker Lab.

Here are some pointers worth taking note of –

"Bangalore alone should have five startups per day"

"Growth happens in a country where startups are encouraged"

"There is a big use case coming in the IoT space, a big requirement that would be there – from the government, consumer and industry side"

"People like us have to enable success stories from our system startups..."

"I really feel that people have the ideas; we will reach out to those who don't have the resources but have the ideas"

In its first batch, 17 startups have utilized the lab's facilities for their projects in the areas of education, agriculture, sports, health and other domains. Out of these, nine startups have already launched their products in the market, five have their products ready and are moving to customer trial stage, while the remaining three are in the design stage.

Sneha Banerjee

Entrepreneur Staff

Former Staff, Entrepreneur India

She used to write for Entrepreneur India from Bangalore and other cities in South India. 

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Business News

More People Are Exploring Entrepreneurship Because of This Unexpected Reason

More new business applications were filed in 2023 than in any other year so far.