Page 69 - SAMENA Trends - October 2019

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Tech Mahindra and Government of Bangladesh Sign MoU to Foster Digital

Startup Ecosystem Development in Bangladesh

Tech Mahindra, a leading provider of digital
transformation, consulting and business
reengineering services and solutions, has
signed a Memorandum of Understanding
(MoU) with Startup Bangladesh to foster
the growth of digital startup ecosystem
in Bangladesh, by providing guidance and
mentoring to the budding entrepreneurs.
The MoU was signed in presence of
H.E. Sheikh Hasina, Prime Minister of
Bangladesh and Shri Piyush Goyal -
Minister of Railways and Commerce &
Industry, Government of India. As part of
the comprehensive growth framework
outlined within the MoU, Tech Mahindra
will be assisting new-age technology problems in Bangladesh. State Minister emerging markets in the Asian region. The
startups in the country, focusing on future for ICT (Information and Communication thrust by the Government in developing
technologies like Artificial Intelligence, Technology) Division, Zunaid Ahmed Palak digital technologies, encouraging
5G, Big Data, Cybersecurity, Blockchain, who exchanged the MoU on behalf of the entrepreneurship and nurturing a digital
Internet of Things (IoT) and Machine Government of Bangladesh, said,“With ecosystem, are all reflective of the
Learning, to leverage digital growth an eye on Globalization and future country’s commitment to translate the
opportunities across its global network. growth opportunities, the Government vision of “Digital Bangladesh” into a
Startup Bangladeshis a concrete initiative of Bangladesh is committed to establish reality. With our deep industry expertise,
by the Government of Bangladesh a national entrepreneurship platform in we at Tech Mahindra are lookingforwardto
to create new opportunities, develop the country that will help strengthen an partner with Startup Bangladesh in their
technical skills and help realize the vision innovation economy. We are pleased to endeavor to leverage digital technologies
of Digital Bangladesh. As part of the MoU, extend our association with Tech Mahindra for sustainable development and growth.”
Tech Mahindra will extend collaboration to power the vision of becoming a leading He added, “I thank the Bangladesh ICT
opportunities to the innovators of Startup global digital economy.” CP Gurnani, MD & Ministry and Indian High Commission in
Bangladesh to engage with its research CEO, Tech Mahindra, said, “Bangladesh has Bangladesh for bringing this together.” As
and development arm Makers Lab, which demonstrated great commitment towards part of TechMNxt charter, Tech Mahindra
has global footprint including India, US, strengthening the digital growth agenda by aims to leverage its global expertise in the
Europe and Australia. This collaboration making requisite investments in developing use of cutting-edge digital technologies
will take up initiatives like Ideathons and skills, new technologies and nurturing such as Blockchain, 5G – Telecom of the
Hackathons across educational institutions entrepreneurship. We are delighted to be Future, Artificial Intelligence, Cybersecurity,
in Bangladesh. This will help generate partnering with Bangladesh in mentoring Automation, Robotics, and Internet of
awareness about digital technologies the local talent to capitalize on the huge Things to develop solutions that cater to
and inculcate a culture of innovative growth potential the region has to offer.” the rapid evolving needs of the citizens in
thinking. For selected tech startups, Sujit Baksi, President, Corporate Affairs & Bangladesh.
Tech Mahindra will provide support in Business Head APAC, Tech Mahindra, said,
leveraging its global expertise in solving “Bangladesh is one of the most prominent

69 OCTOBER 2019