Both companies have announced their partnership to support the startup ecosystem in the country. The collaboration will scale-up opportunities for startups specializing in the areas of Artificial Intelligence, 5G, Battery, Camera and Image Processing, Gaming, and System performance.
The startups will receive incubation support from Oppo along with Technical mentorship and access to new ventures and markets. In a statement, Tasleem Arif, Vice President, and Head R&D, OPPO India said “The startup community in India has pushed all boundaries of innovation and are going at light speed to make a difference. This collaboration is another step which lines with our endeavor to provide impetus to startups, and for them to develop innovative solutions and products.”
Ravi Narayan, CEO, T-Hub, in a statement, said, “It is expected that by the end of 2020, worldwide 5G wireless network infrastructure revenue will reach $4.2 billion. According to GSMA, India is expected to have over 88 million 5G connections. To fuel this growth, T-Hub is collaborating with Oppo India to nurture and support their solutions and bolster the startup and innovation ecosystem”.
Oppo looks at providing impetus to the Government’s Startup India program and explores the talent and potential of Indian startups to develop customer-centric innovations. Oppo signed MOU (memorandum of understanding) with IIT Hyderabad, to promote collaborative research in the field of science and technology. Additionally, similar MoUs were signed with the Government of Telangana & Kerala Startup Mission (KSUM) that were signed last year.