Microsoft is proving to be God for some startups:
BENGALURU: Luminous Power Technologies was looking to turn their inverters into smart devices, so that it could alert users about things like how many hours of power was left for usage and how many hours was required for a full charge. The New Delhi based company did not realize that there was a venture in India that could enable the functionality. Till it heard from Microsoft.
Luminous uses Microsoft's cloud platform and other products. Microsoft, in its startup accelerator programme in India, had mentored a venture called iBot that focused on enabling manufacturers, businesses and people connect, control and engage with machines. Microsoft introduced Luminous to iBot and Luminous quickly realized iBot had exactly the sensor device it was looking for.
Luminous has since incorporated the iBot sensor in their inverters, and the first set of such inverters will hit the market next week. iBot was part of the February 2015 batch of the accelerator programme. "The accelerator has an ongoing engagement programme. They don't forget you the moment you leave them," says Ravi Subramanyam, founder and CEO of iBot.
Microsoft, thanks to its accelerator programme and its extensive global enterprise customer base of 25,000, has turned a matchmaker for many startups and enterprises. And some startups have seen their business zoom in just a few months.
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