Oppo signs MoU with Telangna to support startups
Chinese smartphone player Oppo on Tuesday signed a Memorandum of Understanding (MoU) with the Telangana, state government for the support and development of the startup eco-system in the state. According to the agreement, Oppo would be providing technical expertise and mentoring support to startups to lend a hand to the government for creating a supportive startup ecosystem for the functional performance in camera and image processing, battery, networks (5G), system performance, payments, Artificial Intelligence (AI) and gaming, reported BGR.
According to the previous data, Oppo made its first investment in India when it funded POPxo, a New Delhi-based women-centric digital media startup, in April, the previous year. “Through this partnership with the government of Telangana, which has shown positive intent in fostering a conducive ecosystem of entrepreneurship in the state, we hope to encourage and co-develop innovative solutions that will transform the smartphone industry across the country,” claimed Tasleem Arif, Vice President, Research and Development Head at Oppo India.
The company would also emphasise on providing the market access to the selected startups by Alpha/Beta testing their offerings with the “Oppo Color Operating System (OS)” community and thereof, explaining them of the system by lending them with the feedbacks. The startups are shaped to be chosen on the facts of the results that they impact by providing forth, the basic, out-coming problems faced by Indian mobile users, with the intention of using their idea, application, technology or service to help grow consumer experience and mark a better functioned, digitalised and improved world.
“Oppo aims to play an active role in mobilising the untapped potential of Indians entrepreneurs and support them in their journey towards developing and growing their respective startups,” exclaims the company.