The state government and Nasscom had on a pilot basis set up a facility in the same place a year ago where 28 start-ups were incubated with about 100 jobs for $1 million (Rs.6 crore). Six of these are serving the global market.
It will provide co-working space on pay-per-use daily/weekly basis for entrepreneurs and a well-equipped community events space, an IoT (Internet of Things) lab, a design lab, a mobile experience lab and hotelling office space for investors, Krishna said.
Located in Diamond District in the city centre, the 50,000-square feet warehouse can house over 100 start-ups with a dozen employees in each of them.
tags: warehouse, startups, bangalore, india, karnataka, IoT, diamond district, nasscom, Start-Up Warehouse NextGen,