IIM Calcutta Innovation Park (IIMCIP) and Acies Consulting Pte Ltd have entered into an agreement to work together to help develop the start-up ecosystem. Under this agreement, Acies and IIMCIP will collaborate to support a vibrant ecosystem to foster entrepreneurship in the social enterprises space. Acies will, through its Ventures-Revolutio program, support start-ups incubated by IIMCIP by providing them access to cutting edge technology and funding, said a press statement issued by Acies.
Acies’ no code platform Revolutio is expected to help entrepreneurs rapidly build and deploy software and solutions to scale social enterprise. “Through this collaboration, Acies will provide a sandbox for entrepreneurs and start-ups to test, build and scale technology solutions using Revolutio. The collaboration will also enable start-ups incubated by IIMCIP to access learning content from Acies LightHouse and receive ongoing support for building applications on Revolutio. Start-ups achieving scale will also be get priority for funding by Acies Ventures,” the release said.
According to HK Borah, Chief Investment Officer at IIMCIP, the collaboration with Acies would help entrepreneurs rapidly scale from idea to enterprise. “We are excited to explore new prospects and new possibilities for enhancement in social enterprise using Revolutio. Revolutio brings a plethora of opportunities for young entrepreneurs seeking to pursue their dreams and making a positive impact on their communities and society,” Abhinava Bajpai, Head — Acies TechWorks said.