MoU inked between Malaxmi Group, FIndia to foster start-ups in Andhra

Malaxmi Property Ventures Pvt Ltd (MPVPL) signed a pact with Helsinki-based Findia Development OY in Vijayawada on Friday.

Published: 16th February 2019 08:27 AM  |   Last Updated: 16th February 2019 08:27 AM   |  A+A-


Image used for representational purpose only

By Express News Service

VIJAYAWADA: Malaxmi Property Ventures Pvt Ltd (MPVPL) signed a pact with Helsinki-based Findia Development OY in Vijayawada on Friday.With an aim to foster education and start-ups in the State, the companies have taken up the initiative to establish centres of excellence in collaboration with the Finland-based Fun Academy, an incubation centre for start-ups in collaboration with FIndia and Malaxmi Group’s

The Sedibus. Also, a campus of FIndia’s AI Entrepreneurship University will be established in Amaravati, and will be later extended to other parts of India. “Peter Vesterbacka has founded FIndia with a mission to build a one of its kind ecosystem that provides education that can unlock academic and innovation potential of India. We are extremely happy to be a part of such an initiative,” said Sandeep Mandava, CEO, Malaxmi Property ventures.

“Establishing an incubation centre with FIndia will propel our efforts to foster an ecosystem of start-ups in Amaravati and the State,” said Deepa Balasubramanian, CEO, The Sedibus.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp