Visit Startup India delegation and Startup EU-India Summit (17-20 October 2016)
Startup Europe India Network (SEU-IN), a tech-corridor connecting the European & Indian digital markets, will take a high-powered delegation of around 25 participants from the European startup scene to India, from 17th-20th October. The trip will finish with a bang, culminating in the impressive EU-India Tech Summit on 20th October.
From 17th- 20th October, SEU-IN will take a delegation of European startup ecosystem actors to visit the Delhi/NCR and Bengaluru Startup hubs in India (Visit Startup India / VSI). This 4-day comprehensive visit will involve meeting both Indian startups and key stakeholders in the Indian startup ecosystem. The visit will end on 20th with the EU-India Tech Summit in Bengaluru (considered the Silicon Valley of India).
India presents an exciting story in a generally lethargic global economy: its GDP growth-rate in 2015-16 was 7.5%, it has a population of 1.2 billion, including many young people, and a burgeoning Startup ecosystem. Just some months ago, India’s richest man announced that he would be connecting 1 billion people with 4G mobile Internet, and the Indian startup ecosystem is already considered one of the top 3 startup ecosystems worldwide in many accounts.
If Europe is seeking new avenues for growth, it is imperative that the European tech ecosystem looks beyond the usual playbook of expanding to the US market. Asia, and particularly India, present huge growth opportunities for European tech startups, investors, and innovation enablers.
A 4-day visit for the delegation and the EU-India Summit
The VSI delegates are top European VCs (EQT Ventures, OGC Partners, v|t Global); startups from the Netherlands, Slovakia and Estonia; representatives from the European Commission; research centers such as VTT Research from Finland; and interesting programs such as the Estonia e-Residency program.
VSI delegates will visit India on a 4-day visit, which includes 2 days in Delhi and 2 days in Bengaluru (considered the Silicon Valley of India), with a packed agenda. The VSI delegates will visit Lybrate (a startup that is democratizing healthcare with more than 80 thousand doctors online), Ericsson, and InstaOffice (a co-working space) as well as take part in networking. The Delegation of the European Union is also hosting the delegation with the Ambassador of the European Union to India scheduled to welcome, and interacting with the Indian initiatives such as SIDBI (Fund-of-funds), and Startup India in Delhi.
VSI delegates will visit Bengaluru on the 19th October (the third day) with a packed scheduled to visit NASSCOM 10,000 Startups incubator, SAP Labs (tbc), Kalaari Capital (an established Indian VC firm), and interact with McKinsey India.
The highlight of the visit is the fourth and last day, 20th October, with the coming together of the European and Indian Startup ecosystems at the Startup EU-India Summit (SEIS) in Bengaluru. The Summit will bring together a top-line of speakers from the startups, VCs, corporates, and policy-maker community, with more than 25+ speakers in one day and a target of 250+ participants. SEIS will be launched with the theme Digital is Global, focusing on the European & Indian Digital markets, and the question: “When Startups build globally, can Startup ecosystems remain local?”.
SEIS will be held on 20th October at Shangri-La, a five-star location in Bengaluru. SEIS will have 25+ high-level speakers and participation from the Ambassador of the European Union to India, the Ambassador of the Slovak Republic, the Ambassador of Estonia, the Consul General of France, and European & Indian focused startups, investors and corporates such as EQT Ventures, OGC Partners, Rocket Internet/Asia Pacific Internet Group, Roland Berger, Qualcomm Ventures, SwissRe, Kalaari Capital, Kaizen PE, 500 Startups, European Commission, ZoomCar, Printvenue, Lybrate, Axon Partners Group, Bertelsmann India Investments, and Brand Capital (Times Group).
In addition, SEU-IN has a number of Media Partners including CNBC TV18, and a range of community partners working to make the Summit a success. The closing keynote of the Summit is to be delivered by one of India’s prolific investors and SEU-IN Adviser, Mr. MohandasPai.
Praveen Paranjothi, an Indian-origin European-based Venture Capital investor who is leading SEU-IN, states that this is a one-of-a-kind initiative: “it connects the markets that have great potential to work together and creates value with similarities in diversity and culture, and geographical proximity. It’s a proud moment to be able to play a role in bringing together the European market where I had largely built my career, and India, which bestowed me with the skills to aim globally.”
To find out more, please visit: SEU-IN
Startup Europe India Summit- ‘cos Digital is Global
Europe-India Tech Summit is bringing together the European & Indian startup ecosystems on 20th October 2016 in Bengaluru. Top line-up of Ambassadors and representatives of the European countries, Europe and India focused Startups, VCs, Corporates, and interesting tech personalities will be at the Summit – a total of over 30 speakers in one day – in what promises to be a packed Summit.
The Summit is organized by Startup Europe India Network (SEU-IN), a tech-corridor focused on the European and Indian digital markets. Europe has several tech hubs with successful startups, investors, and the tech ecosystem enablers with great innovation from deep tech to media, and entertainment.
Some European Startups reached the Indian shores and have tasted a good deal of success like TrueCaller, and few Indian Startups such as Zomato has reached the European lands. Despite these stories, the Europe-India tech corridor has largely been unexplored, and under-engaged. This situation is particularly surprising given the presence of European corporates in India for decades – Siemens remember?
SEU-IN is aiming to change the status quo and catalyze market expansion, investments, and partnerships between the European and Indian digital markets. Praveen Paranjothi, a Venture Capital fund investor based in Europe, noted that the startup and investor playbook in Europe has traditionally been – build a national champion, and get to the US. It has been conveniently skipped that Asia is offering rapid growth prospects where European collaboration can make a difference for both Europe and India – a win-win scenario.
Further more, today the Startups are thinking global from day one, can the Startup ecosystems remain local? Simply ‘cos digital is global, which also is incidentally the theme of the Summit.
SEU-IN is therefore exposing the market opportunities through the Europe-India Tech Summit. The Ambassador of the European Union delegation to India, Ambassador of the Slovak Republic, and Ambassador of the Republic of Estonia are Speakers at the Summit. The quality of the Summit is reflected in the line-up of Prime partners and partners including SAP, Delegation of the European Union to India, Startup Europe, Bosch, Roland Berger, SwissRe, Qualcomm Ventures, a large-range of community Partners.
Furthermore, a number of Startups, VCs and corporates including Kalaari Capital, EQT Ventures, OGC Partners, v|t global, SAP, SwissRe, Roland Berger, Cisco, Qualcomm Ventures, Lybrate, ZoomCar, Printvenue, Bertelsmann India Investments, Edelweiss are all represented on the stage with more investors and corporates participating along with European and Indian startups. The closing keynote will be delivered by one of the most active investors in India, Mr. Mohandas Pai, who is also one of the Advisers at Startup Europe India Network from day one.
Praveen Paranjothi says, “I have been interested for a long-time to bring the core of the European tech ecosystem to India, and we are just doing that with the Europe-India Tech Summit. More than 25 members delegation from the European tech ecosystem is visiting Delhi and Bengaluru fore 3-days before joining the Summit, apart from other European delegations joining the Summit directly. We are looking forward to seeing overwhelming participation, interaction, and valuable networking happening between the European & Indian tech communities. He finishes by saying, when India has to graduate from the e-commerce, and on-demand economy, the timing is just right to build the relationship deep and wide with the European innovation ecosystem.”
To register for the event, click here
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