The Division of Electronics, IT, BT of Karnataka is organising — Enterprise Capital Join — a three-day programme connecting startups and traders as part of Bengaluru Tech Summit 2024 from November 19-21, officers stated on Wednesday.
In line with officers, greater than 322 startups of numerous vary have registered to take part in Bengaluru Tech Summit. (PTI)
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The programme is anticipated to attract over 50 main world traders, together with household workplaces, angel traders, and enterprise capital companies from throughout the globe, bringing a mixed potential funding fund of greater than USD 17.5 billion, they stated.
In line with officers, greater than 322 startups of numerous vary have registered to take part within the programme, of which 118 have utilized for patents. This consists of 23 ideation stage startups, 142 early traction stage startups, 75 idea validation stage startups, and 82 development stage startups.
These startups may have the chance to showcase their improvements to an viewers of high traders, and obtain worthwhile insights and mentorship on scaling their companies. Traders attending will achieve distinctive entry to a sturdy pipeline of modern, high-growth startups, throughout varied know-how sectors.
“This programme is strongly focused on catalysing growth specifically for Karnataka-based startups and has support from leading investment associations and registered VC networks in India. This initiative aligns with the State’s commitment to fostering innovation, providing Karnataka-based startups with an opportunity to access substantial capital and mentorship,” an official assertion stated.
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“Karnataka has always been at the forefront of innovation, and with BTS 2024, we are amplifying this momentum by creating a direct bridge between our startups and global investors. This programme is more than a funding opportunity. It is a strategic investment in the future of Karnataka’s entrepreneurs, who are shaping tomorrow’s technology landscape,” Data Expertise Minister Priyank Kharge stated.