Israel Continues to Boost Women-Led Start-Ups in India
“STARTUPS ARE MAKING THE WORLD A BETTER PLACE”
The 5th Edition of the Start TLV Competition is officially launched in India today, as the Embassy of Israel in India continues to encourage women in innovation. Following last year’s tremendous success, the 2017 competition in India will focus on women-led Startups under the umbrella of 25 years of Growing Partnership between India and Israel.
The Embassy of Israel has partnered with Startup India, TiE-NCR, YES Bank & YES Global Institute and CNBC-TV18, searching for upcoming women-led tech Startups with a social impact.
Start TLV is a global annual event organized by Israeli MFA and Tel Aviv Municipality. Technology Startup finalists from 23 different countries around the world, will convene in Tel Aviv, Israel, in September 2017, to take part in an intense five-day Startup ‘boost-camp’, in collaboration with DLD Innovation Festival. They will join local Israeli entrepreneurs and participate in lectures, workshops and meetings with leading Israeli and international investors and professionals.
Expressing his appreciation for the growing Indian Startup ecosystem and its compatibility with Israel’s ecosystem, Ambassador Daniel Carmon said: “This is another area in which the growing partnership between our countries can bloom. Our joint power of innovation will transform our societies and economies for the better and will have a positive impact on the world”.
Ambassador Carmon also emphasized the need to guarantee the sustainability of these ecosystems through the full integration of women’s power of innovation.
Competition Details:
As of today (June 7th), the competition is officially open for entries. The deadline for entries is July 7th, 2017. Five finalists will be invited to come to Delhi on July 24th (24/7) to pitch their Startups - both the technology and its social impact – to a panel of experts who will then choose the winner.
For further information on START TLV India competition click here.
For information on previous competitions and winners in India please scroll down and/or click here.
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Israel “Startup Nation”:
Israel, despite being a tiny country and just 69 years old, has become a global hub for art, culture, science, technology, and of course - innovation. Second only to the US, Israel has generated more Startup companies than other nations like Japan, China, India, Korea, Canada, France, Germany and the UK. In addition, Israel has, per capita, attracted over twice as much venture capital investment as the US and 30 times more than all the members of the European Union combined. The amount of GDP spent on R&D in Israel, is the highest in the world (3.9%).
Tel Aviv is the business capital of Israel and a leading innovation hub with a local ecosystem of world-class tech talents, dozens of leading multinationals and hundreds of tech star Startups. The local ecosystem includes renowned world-class talent, leading multinational R&D centers, Startup incubators, accelerators and co-working spaces, and informal networking events almost every day of the week. All this is supported by the highly experienced financial and business services which accompany the ever growing Israeli high-tech industry.
Past winners from India:
NowFloats represented India at Start TLV 2013 and got the opportunity to experience first-hand the very vibrant and unique entrepreneur eco-system of Israel. Ronak Kumar Samantray, co-founder of NowFloats, who travelled for this event engaged with potential partners, customers and even some future-hires during this visit. And many of these translated to successes. “But, most importantly we formed lasting connects and friendships with some of the people we met. Thank you to the Embassy of Israel in New Delhi and TiE Delhi!”, said Ronak.
Pavan Thatha of Shield Square, who won the Indian finals in 2014, said “Participating in Startup Tel Aviv was a great learning experience for us. We had the opportunity to have one-to-one interaction with serial entrepreneurs in Security Space which helped us in refining our product roadmap. DLD Tel Aviv is a must attend that provides great networking opportunities
Winner of the Indian finals for Start TLV 2015, Gautam Shewakramani, Founder & CEO of AudioCompass, a company that turns smartphones into personal tour guides said, “Winning Start Tel Aviv gave us global exposure to other Startups and entrepreneurs. We were able to share ideas and learnings from different markets. Start Tel Aviv enabled me to connect with innovative Israeli companies in similar fields to explore licensing and technology collaborations.”