Nasscom wants to expand start-up warehouses.

The buzz around start-ups is getting louder. And, Nasscom’s two year-old 10,000 Start-ups programme is one such initiative.

With the programme entering its third year, National Association of Software & Service Companies (Nasscom) is now looking to expand the reach of its start-up warehouses to other States, according to Rajat Tandon, Vice-President, 10,000 Start-ups, Nasscom.

Start-up warehouse refers to a facility that can be leased by start-ups, for say six months at a nominal cost. It has plug-and-play facilities with high-speed internet connection.

It has two such warehouse -one each in Bengaluru and Kolkata. And some more are now on the cards.

'We will be adding new warehouses very soon. Talks are already on,' he told BusinessLine.

Two more warehouses – one each in Mumbai and Pune – are expected soon with the memorandum of understanding already been inked with the Maharashtra government.

This apart, the IT-lobby group is also exploring options in Hyderabad (Telangana) and Chennai (Tamil Nadu).

Nasscom will also expand its start-up warehouse in Bengaluru to 50,000 sq feet (from the existing 10,000 sq feet).

Nasscom expects to house 175–200-odd start-ups by this fiscal-end, up from 60–70 in FY 16.

'Hopefully, we will take up the headcount in warehouses to 600 (approximately three to four persons in a start-up), especially with the new ones coming up,' he added.


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