Bengaluru-based cloud services provider, G7CR Technologies has invested over $1 million in different startups through its technology services in the last quarter.
The company in its statement said, “G7CR Technologies has invested in over 100 startups in India, Middle East, and in Africa by offering technology benefits like migrating to the cloud, helping them manage their setup on cloud and even modernization of their application.”
“G7CR plans to invest in over 200 more startups in the next 4-5 months and onboard over 1,000 startups in FY 2022 through its ‘Start-up 360’ initiative,” the statement said.
G7 CR will also invest in Startups with B2B SaaS products and expand their sales operations in newer regions including MEA, the benefits will range from $5000 to $25000.
“The tech investment for startups will focus on offering strategic support across key business areas: Capital, Building Competency (Technical & Leadership), Revenue and Technology to support start-ups in their journey,” the statement said.
“The initiative has also helped start-ups opt for transformative innovations and utilize Cloud services for a much wider approach including offering strategic support in Sales enablement, Tech enablement, and Business enablement,” it added.
The platform has invested in sectors like education, health, FMCG, retail, marketing, advertising and many more have accelerated the adoption of such initiatives.
Speaking on the announcement, Dr. Christopher Richard, MD & Chief Cloud Architect, G7 CR Technologies, said, “Start-ups want to utilize the advantages that cloud technology brings to their business and at the same time they also look for a partner with advanced skills to migrate, optimize, and manage their existing workloads to the cloud and this is where G7CR comes into the picture.”
“We have always been trying to disrupt our offers to our customers & partners so that they make the most of it rather than trying to fit them into one-size for all offers. The products and services of these start-ups where we have invested via technology services have impressed us,” he said.
Further commenting on the statement, Richard added, “By building a cloud technology platform and working closely with these start-ups we have understood various business challenges they face on a day-to-day basis. With our expertise and market reach, we intend to help these start-ups which even have the potential to become unicorns. We are extremely happy and excited for these startups to join the G7CR family.”