India 2018

India 2018


In October, our delegation heads to Asia’s IT epicentre, India!

We extend a warm invitation for 15 entrepreneurs, accelerators, investors and public sector actors from Berlin, India, China, Indonesia, Singapore, and the Philippines to join us in India this autumn.

  • What | Delegation trip for ecosystem builders
  • Where | New Delhi and Bangalore
  • When | Early October 2018

Who can apply?

We are looking for entrepreneurs and startup ecosystem builders who already or want to start working, building and creating in Berlin, India, China, Singapore, Indonesia and the Philippines.Candidates should have a strong interest in building lasting connections between Berlin and Asia.

What’s in it for me?

  • – Full access to delegation programme including seminars, meetings, events
  • – Explore new startup scenes and partnership opportunities
  • – Pitch to an exclusive net of corporates, investors and influencers
  • – Network with key Indian ecosystem players and fellow entrepreneurs
  • – Increase exposure via international, regional and local media outlets
  • – Gain valuable insights in dynamic startup hubs from India
  • – Access to the growing SUAB connections

How much does it cost?

– Return flight to India (from Berlin) 550€
– Accommodation in India 270€
– Insurance and visa fees 95€
– Living expenses in India

  • Total = approx. 915€
* Last updated: January 2018 *
 
India is currently considered one of the largest startup ecosystems in the world, only third to the US and the UK. In 2016, the Indian prime minister launched a $1.5 billion fund for startups including new tax breaks for companies and their investors. With one of the youngest populations worldwide and a growing mobile and internet penetration (expected to lead globally by 2022), India is uniquely set up for e-commerce and e-business growth.

With an increasing rate in urbanization and a highly English-speaking population, India has been tactically able to attract a growing number of foreign direct investments. India has traditionally been a favorite destination for the western world to outsource business processes, implement collaborations, partnerships and subsidiaries owing to the relatively cheap labor costs making it one of India’s key competitive advantages.

Delhi, Bengaluru and Mumbai are India’s leading startup hubs in terms of funding and investment deals. Bangalore is frequently referred to as the Silicon Valley of India. Indeed, the Information Technology sector is a core strength of India and the world’s top IT destination with a share of 55% of the world’s IT sourcing. IT in India comprises of 7.7% of the nation’s GDP. This specific industry led to the economic transformation of India and created a brand of inexpensive and quality IT solutions. (sources: Indiatimes, IBEF India, YourStory)