QPrize initiative in India

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

 

Qualcomm has announced the third edition of its venture investment competition in India to identify the industry's most promising early stage technology companies. The Qualcomm Ventures QPrize competition was first launched in 2009 to promote innovation in the technology industry and is managed by Qualcomm's venture investment arm, Qualcomm Ventures.  

Dr. Avneesh Agrawal, Qualcomm's Senior Vice-President & President of Qualcomm India and South Asia, said, "The QPrize competition reflects Qualcomm's deep-rooted philosophy to foster innovation and advance the use of mobile and other technologies for the benefit of people and businesses in India and around the world. Through QPrize, we are looking to identify breakthrough ideas at early stages and help them grow by providing entrepreneurs with mentorship, investment support and exposure to the global technology ecosystem. We look forward to another round of enthusiastic participation from Indian entrepreneurs in QPrize this year, and to helping transform their innovative ideas into robust and commercially successful technology offerings."

"QPrize was launched with the aim of supporting local entrepreneurs and helping bring their bold new ideas into the global market. We have been impressed by the diversity and uniqueness of past QPrize participants and look forward to this year's competition," said Nagraj Kashyap, Vice-President, Qualcomm Ventures.

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