The Government of Karnataka has signed a Memorandum of Understanding (MoU) with ACT Fibernet (Atria Convergence Technologies Ltd) to provide the startups registered with the start up cell with high speed broadband connectivity.
ACT Fibernet is country’s largest fiber-focused wired broadband Internet Service Provider start-up. The State Government wants to boost the growth of startups. ACT Fibernet will also provide broadband connectivity to government incubation center and GIGA speed (1000 Mbps) connections at a 60 percent discounted rate to all the registered startups.
“Bengaluru is the startup capital of India, and we have been strongly nurturing the startup ecosystem with policies and initiatives to help entrepreneurs and established industries flourish. I am extremely pleased that ACT Fibernet has come forward to extend their support and connect our startups with high speed broadband connectivity. This move will certainly help us build a more conducive environment for our startups to grow,” said K J George, Minister for IT and BT, Science and Technology, Government of Karnataka.
“As a Bengaluru based company it is a moment of pride for us to collaborate with the Government of Karnataka. This is a one of a kind opportunity and we will work in conjunction with the government towards building and strengthening the start-up ecosystem in the city. It is our commitment to provide the best internet services to the startups and incubators and help them stay connected seamlessly,” said Bala Malladi, CEO, ACT Fibernet Ltd.
“When we speak about startups, Bengaluru holds the top position in the country, and to retain this momentum we make continuous effort to introduce policies and programs suiting their requirements. Our partnership with ACT Fibernet is yet another step to empower the startups and help them grow in our state,” said Gaurav Gupta, Principal Secretary, IT, BT and S&T, Government of Karnataka.