200 Indian startups to showcase business ideas


200 Indian startups to showcase business ideas

To facilitate 200 Indian startups to showcase their business ideas and innovations to global investors at Expo 2020 Dubai, Dubai Silicon Oasis (DSO) and India Innovation Hub announced a partnership with Indian online travel company EasyMyTrip and UK-headquartered investment banking company HSBC.

With this joint initiative, some of India's best Innovators and startups 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.

Over 500 Indian startups will be showcased in India Innovation Hub which is a project of the India Pavilion at Expo 2020 Dubai. By providing them exposure to the global investors’ community through B2B events, the project provides a platform to promote start-ups and innovators of India.

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.

With over 40 Indian startups joining the unicorn club in 2021, India has emerged as an innovation hub with the world’s third-largest startup ecosystem.  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.

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.