Categories
Uncategorized

200 Indian startups to showcase business ideas, innovations at Expo 2020 – Business Standard

Topics
Startups | Indian business | Dubai
Press Trust of India  |  Dubai 
https://mybs.in/2asZSCF

Silicon Oasis (DSO) and India Innovation Hub on Monday announced a partnership with Indian online travel company EaseMyTrip and UK-headquartered investment banking company HSBC to facilitate 200 Indian to showcase their business ideas and innovations to global investors at Expo 2020
With this joint initiative, some of India's best Innovators and will get an opportunity to engage with their counterparts and key stakeholders at DSO and Expo 2020 Dubai, Aman Puri, Consul General of India in Dubai, said on the occasion.


India Innovation Hub is a project of the India Pavilion at Expo 2020 where over 500 Indian will be showcased. The project provides a platform to promote start-ups and innovators of India by providing them exposure to the global investors' community through B2B events.
India Innovation Hub has made a significant contribution to the Startup ecosystem by showcasing over 240 Startups at the Expo 2020 Dubai, Puri said.
In line with the Expo 2020 Dubai theme, Connecting Minds, Creating the Future', the India Innovation Hub, as part of the India Pavilion, will act as a facilitator for these start-ups, providing them with a global stage to interact with investors and global counterparts for networking and partnerships, the Consulate General of India in Dubai said in a statement.
Focus areas to select startups will be Fintech, AI, cybersecurity, health and tech-enabled platforms in key priority sectors. The announcement was made at the Dubai Technology Entrepreneur Campus (DTEC), DSO's wholly-owned tech hub and coworking space, and the largest of its kind in the MENA region.
Dubai Silicon Oasis Authority is a Dubai government-owned free zone that promotes modern technology-based industries with the urban master-planned community.
The partnership was announced in the presence of Dr Puri; Deputy Commissioner-General for India at Expo 2020 Dubai, Ghanim Al Falasi; Senior Vice President, Technology and Entrepreneurship, DTEC; Nishant Pitti, Co-Founder, EaseMyTrip.com; and Nabeel Al Bloushi, Managing Director, Regional Head MENA & Turkey, Markets and Securities Services, Corporate Sales - HSBC.
Prime Minister Narendra Modi has recently declared January 16 as National Start-up Day and has called start-ups the backbone of new India.
Falasi said Dubai Silicon Oasis offers world-class facilities to start-ups and entrepreneurs, streamlining their business set-up and operations.
It is also home to more than 1,000 startups from more than 75 countries, providing a conducive business environment and collaboration platform for like-minded individuals. We look forward to playing a key role in paving the way for these 200 new Indian start-ups and facilitating their expansion into the region, he said.
Pitti said he strongly believe that Indian startups can add a lot of value to the ecosystem in the UAE.
India has emerged as an innovation hub with the world's third-largest startup ecosystem with over 40 Indian start-ups joining the Unicorn Club in 2021. Hitendra Dave, General Manager and CEO of HSBC, India said, Tech & New Age Business segment commonly called Startups' is a key target segment for HSBC India.
The Indian start-up ecosystem has over 60,000 DPIIT-registered start-ups from 628 districts across all 28 states and 8 Union Territories. India ranks in the top 50 countries in the Global Innovation Index (GII) and is the 5th most start-up friendly country in the world (leading in Asia).
Embodying the true spirit of a self-reliant India, and despite the extreme challenges posed by the global pandemic, over 40 new unicorns came into existence in India, taking the total number of unicorns to 85, the statement said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor
PREVIOUS STORY
NEXT STORY
Copyrights © 2022 Business Standard Private Ltd. All rights reserved.
Business Standard
Upgrade To Premium Services
Business Standard is happy to inform you of the launch of "Business Standard Premium Services"
As a premium subscriber you get an across device unfettered access to a range of services which include:
Business Standard
Premium Services
In Partnership with Fis Logo
Dear Guest,
Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard

source

Leave a Reply

Your email address will not be published.