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Indian Start-ups taking Active Participation in ‘London Tech Week’

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'London Tech Week'
As many as 20 Indian start-ups participated in 'London Tech Week'. VOA
  • 20 Indian start-ups have participated in the ongoing ‘London Tech Week’
  • The companies were gracefully welcomed by the founder of Cobra Beer, Lord Karan Bilimoria, at the House of Lords this week
  • These companies also come together to become members of the India Emerging Twenty (IE20) program which was initiated by London & Partners (L&P)

London, June 15, 2017: More than 20 Indian start-ups have enrolled themselves to be the part of the ongoing ‘London Tech Week’. These companies reach out to the masses covering the fields like travel and dairy tech and have participated with the view to conquer new ideas of international expansion and diversification.

These companies also come together to become members of the India Emerging Twenty (IE20) program which was initiated by London & Partners (L&P), Sadiq Khan’s business and promotional agency. It is a globally recognized platform which promotes the interests of the Indian organizations helping them to expand their establishments worldwide.

The companies were gracefully welcomed by the founder of Cobra Beer, Lord Karan Bilimoria, at the House of Lords this week. He said: “The IE20 initiative is a wonderful way of highlighting the amazing entrepreneurial talent that exists in India, one of the fastest-growing economies in the world. India’s young and dynamic entrepreneurial growth is the driving force behind India’s growth as a country. IE20 are shining champions of India’s growth story,”

According to PTI, these companies had gathered and attended the launch to meet the tech enterprises and leading business companies in London. They also came there to attend skilling up session with Lord Bilimoria and entrepreneur’s champion Shalini Khemka.

“The IE20 is proof that London’s relationship with India continues to grow and it is fantastic to welcome so many of its fastest-growing companies to our great city.As someone who arrived from India 15 years ago with just 200 pounds in my pocket, before setting up my own successful companies, I know from first-hand experience that London is the best place in the world to do business,” said Shalini Khemka.

Shalini Khemka too remarked. “This is an excellent opportunity for the winners, India’s most innovative start-ups, to champion Indian entrepreneurship in the UK.”

As per informed by the London & Partners (L&P), there has been overall development in Indian companies since 2005 across all business sectors who have willingly invested in London. Besides this there has been approximately a 117 per cent increment in tech companies investing in the city accounting for about 45 per cent of all projects. Major tech investing Indian companies in London include software testing service Cigniti Technologies, customer support company Kayako and many others.

Last Year about 345 Indian companies entered the IE20 programme which accounts for the increment of 100 companies from the previous year. LatentView Analytics and Curadev Pharma, are the latest Indian companies introducing abundant job opportunities in its initial years.

“IE20 helped us with recognition and credibility among prospective clients,” Vijay Ganesan, Business Development Manager at LatentView Analytics, said IE20 is an initiative aimed at high growth, knowledge- based companies formed after 2000.

– prepared by Himanshi Goyal of Newsgram, Twitter: @himanshi1104

 

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More Indian Startups Ready With Solutions to Tackle Real-life Problems: Microsoft

Regarding Microsoft's startup programme, she said the company can help B2B startups in two key ways. "The first way we can help is by providing technical support as we have extraordinary engineers all over the world who are leaders in the field

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A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

India, which saw a tremendous growth in the startup space in the last couple of years, is now witnessing a growth in the business-to-business (B2B) tech startups coming up with innovative ideas to deal with local problems, says a top Microsoft executive.

“The Indian startup ecosystem is on a growth trajectory, riding on an innovative fleet of young entrepreneurs who are building products that can help solve real-life issues,” said Annie Parker, Global Head of Microsoft for Startups, here.

The Australian startups pioneer who joined Microsoft last year to help scale the company’s startup dreams is bullish on India when it comes to innovation in the B2B space led by incredible engineers and technologists.

“We have seen the rise in B2C startups in India and now is the time for more B2B tech solutions with country-specific problem in focus. The local startup community in India is thriving,” Parker told IANS on the sidelines of the Microsoft ‘Imagine Cup’ Asia Regional Finals 2019.

Microsoft
Logo of Microsoft outside it’s office. Pixabay

When it comes to finding right a mix of talent for B2B startups, Parker said India has no dearth at all.

“You can’t really walk in Bengaluru without bumping into a software engineer,” chuckled Parker, adding that there were tremendous growth opportunities in the country.

Also Read- Chinese Brand Xiaomi Leads Smartphone Market in 2018

Regarding Microsoft’s startup programme, she said the company can help B2B startups in two key ways. “The first way we can help is by providing technical support as we have extraordinary engineers all over the world who are leaders in the field.

“The second way we can help is within Microsoft ‘ScaleUp’ and the startup team more broadly,” she informed. The Microsoft ScaleUp programme (previously known as Microsoft Accelerator) is designed for Series A startups and offers access to sales, marketing and technical support. (IANS)