The forum would award catalytic grants to early stage enterprises with an impact focus that address gaps in skilling for employment, primary and secondary education, health care, accessibility, women's safety and other relevant areas, a statement added. The grant money for the winning projects would be complimented with industry-led mentoring support, it said.

Speaking to mediapersons on the sidelines of the two-day Nasscom summit on big data and analytics, which started here on Thursday, Nasscom Chairman B V R Mohan Reddy said it had been working with the Centre on this.

“The nature of threats are evolving every day. We need manpower to tackle the present day aspects of cyber security which includes conflict management, secure coding, legal issues among others,” said Gulshan Rai, National Cyber Security Coordinator.

The apex body also said attempts were being made in certain quarters to create this negative impression without looking at ‘facts and logic’. It said such efforts would have detrimental impact on the strategic partnership and mutually beneficial economic and trade relationship the two countries were striving to nurture.

He was speaking about the growth and prospects of Global In-house Centres (GIC), which are captive IT centres of global companies in India.

The initiative will seek to combine IIIT-Bangalore Innovation Centre's incubation facilities and knowledge ecosystem with PVC India-focused Rs 310 crore venture capital fund that invests in entrepreneurs with disruptive ideas.

“A lot of companies are not imaginative enough on CSR activities,” Ganesh Natarajan, chairman, Nasscom Foundation, said during an event here. “We have a group working towards this where large companies can give us money to spend towards CSR activities.”

The 2015 NLF saw one of the highest numbers of delegates registering for the event in two years. The NLF has more than 1,600 delegates from 30 countries, up from 1,400 in 2014 and 1,300 in 2013.

This is lower than its growth forecast of 13-15 per cent for 2014-15. The export revenue grew 12.3 per cent on a reported currency basis in 2014-15 and 13.1 per cent on a constant currency basis.

Based on a survey by research and advisory firm Offshore Insights, it predicts the sector will grow at 11.5 per cent for FY15, lower than Nasscom’s 13-15 per cent. Nasscom earlier this month said the sector might only manage to be at the lower end of its guidance.