Cisco launches startup accelerator

Cisco, a network equipment maker launches a start-up accelerator program named Launchpad which will enable selected start-ups to work along with Cisco and develop products together. It will also help the start-ups to solve their problem, address new markets and build digital business.

The San Jose-based company said earlier this year it will invest $100 million in the country over the next two years, which includes $40 million to be used to fund early and growth stage companies.

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