Pune-based Venture Center is collaborating with Ansys Software to provide support for technology startups. Ansys and Venture Center have signed a Memorandum of Understanding (MoU) to solidify their collaboration. As per the terms of the MoU, Ansys will make available a pool of Ansys simulation software licenses to eligible startups, and Venture Center will provide the appropriate computing infrastructure and setup required. Ansys has also extended support to Venture Center under its Corporate Social Responsibility programme to support startups.

The Ansys Startup Program provides early-stage startups with access to multiphysics simulation software, coupled with high-performance computing to help them tackle their engineering challenges quickly and cost-effectively. Since the programme’s inception, over 1,950 startups from 58 countries have joined the programme, spanning the autonomous, high-tech, energy, aerospace & defense, automotive, communications, healthcare, and other industries.

Dr Premnath Venugopalan, Director- Venture Center & Head- NCL Innovations said, “In 2023, Pune is ranked closely with Chennai and Delhi in terms of startup funding, and Ansys’ multiphysics simulation software, coupled with high-performance computing, is the right technological push for early-stage startups here to be on par with the rest of the country.”

With Ansys’ multiphysics simulation software, Venture Center can provide technical mentoring and product ideation support to the Venture Center-affiliated incubator companies during their ideation stage. Startups can benefit from using engineering simulation to assess and speed up product design and development, accelerating time-to-market.