MATH, in collaboration with the Department of Science and Technology (DST) and T-Hu, has launched the MATH Nuage Program, a 12-month incubation initiative for AI/ML startups. This program offers services like one-on-one mentoring from industry veterans, investor connections, and market access support. Participants will also receive discounted GPUs, cloud credits, and access to the NAIM Learning Management System (LMS) and extensive datasets for AI model training and validation.
The program takes a personalized approach, tailoring support to each startup’s specific needs. Rahul Paith, CEO of MATH, highlighted the program’s potential to drive significant success for AI/ML startups in India and globally, with plans to expand participation and forge new partnerships. The initiative aims to support the growing AI market in India, projected to reach $17 billion by 2027.
The MATH Nuage Program starts with an intensive onboarding phase to assess and customize support for each startup, followed by personalized mentoring and essential resources during the implementation phase. Periodic evaluations ensure continuous improvement and readiness for scaling.
Startups can apply online by providing details about their technology, team, and operational needs. The selection process includes rigorous screening, interviews, and presentations. The program begins on August 1, 2024, with a mid-term review in February 2025, and a graduation and demo day in July 2025.