"Hiring activity in the year before last was 2.20 lakh (new jobs were created in IT sector). Last year, (FY 2015-16) there were about two lakh additions. This financial year, we are expecting it to be on the lower side of that," says R. Chandrashekhar, President, NASSCOM Picture: Employees work at the Indian headquarters of iGate in the southern Indian city of Bangalore, 4 February 2013.Reuters

Cloud services provider DigitalOcean is reportedly partnering with Nasscom to help support startups. DigitalOcean is offering $10,000 in cloud credits as an incentive to startups incubated, funded and assisted through the Nasscom 10,000 Start-ups initiative .

"The technology startup sector in India has exploded in the past few years, and our agenda is to fuel this growth and support the innovation landscape in India. We consider ourselves 'the startup for startups'. Having been through the process ourselves, we know exactly what the needs are for scaling companies. This collaboration is a proud moment for us as it gives us an opportunity to enable entrepreneurs in India to create companies and chase their dreams, by lowering the barrier of entry through simplifying the complexities of cloud infrastructure," Prabhakar Jayakumar, country manager at DigitalOcean, said in a statement.

Nasscom's initiative aims to get 10,000 Indian startups off the ground by 2020 and it has reportedly partnered with organisations like Google, IBM, Amazon Web Services and Facebook in this effort. DigitalOcean coming onboard as a partner comes soon after Jayakumar took over as DigitalOcean's India country manager.

Apart from offering cloud credits, which any eligible startup can apply for, DigitalOcean will also reportedly be directly involved in guiding emerging startups. The company has said it will assist startups on both technical and non-technical aspects through one-on-one interactions, workshops, boot camps and mentorship programmes.

Nasscom's 10,000 Start-ups initiative is apparently designed to turn start-ups into full-fledged technology-dedicated companies. Through the initiative, startups will be given direct access to startup incubators, accelerators, angel investors, venture capitalists, startup support groups, mentors, and technology corporations.

"We are happy to partner with DigitalOcean to build an inclusive ecosystem for start-ups in the country. Today, India is on the precipice of new ideas which need the right guidance and funding to be scalable for the market. I am sure that through this partnership, we will be able to achieve our targets for the sector and help entrepreneurs realise their dreams," Rajat Tandon, vice-president at Nasscom, said in the statement.

Nascomm has so far received over 13,800 applications from startups, of which 2,276 have been shortlisted, and 1,350 have benefited through funding, acceleration and mentoring, said the statement.

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