World’s 2nd Fastest Growing Start-Up Ecosystem: Bangalore

2019-08-19T05:02:40+00:00August 19th, 2019|innovation, Start Ups|0 Comments
Bangalore, also called Bengaluru, is the center of India’s tech industry. It is famously referred to as the Silicon Valley of India and IT capital of India because of its role as the nation’s leading information technology (IT) hub. Be it big MNC or small tech company name it, most of them will have their headquarters located in Bangalore. Being the Silicon Valley of India, we have seen many startups coming from this city and making India proud on a global level.

Bangalore Technology startups serving retail customers- like Flipkart, Ola, Oyo and Swiggy – have hogged much of the attention in past few years.  A new study now says tech startups serving businesses are growing in numbers significantly faster than the consumer ventures and that funders too are becoming excited about the segment.  B2B Ventures grew by more than three times from 900 to 3200.  Corporate accelerators are also playing a huge role in mentoring B2B startups, providing them technology support and market access.

The Consulate General of the State of Israel to South India, together with Intel India, NASSCOM & Accenture Ventures, are organizing a ‘Pitching Contest’ to identify innovative Indian technology startups that can benefit from engaging with the Israeli startup ecosystem for R&D Collaboration and Go to Market in Israel. This is a contest with startups nominated by corporate accelerators, industry bodies, funding agencies and government participating.

Relevant companies interested to learn more on potential collaboration in this segment are invited to contact the Economic and Trade Department at the Israeli Consulate General in Bengaluru.

For further queries:
contact: Kavitha Saravanan, Trade Officer, Trade and Economic Affairs
Tel: +91-80-49406515. kavithas@israeltrade.gov.il

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