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Karnataka to Host Global Startup-VC Connect at Bengaluru Tech Summit 2024

by TLAteam November 13, 2024November 13, 2024
written by TLAteam November 13, 2024November 13, 2024
Karnataka to Host Global Startup-VC Connect at Bengaluru Tech Summit 2024

Venture CapitalConnect- a three-day programme connecting Startups and Investors is being organized by the Department of Electronics, IT, Bt, Government of Karnataka as a part of Bengaluru Tech Summit 2024 (BTS2024) from November 19-21, 2024. Theprogram is expected to draw over 50 leading global investors, including family offices, angel investors, and venture capital firms from across the globe, bringing a combined potential investment fund of more than 17.5 billion USD.

Business News

More than 322 startups of diverse range have registered to participate in the program, of which 118 have applied for patents. This includes23ideation stagestartups, 142 early traction stagestartups,75 concept validation stagestartups, and 82 growth stage startups. These startups will have the opportunity to showcase their innovations to an audience of top investors, and receive valuable insights and mentorship on scaling their businesses. Investors attending will gain unique access to a robust pipeline of innovative, high-growth startups, across various technology sectors.

This programme is strongly focused on catalyzing 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.

About thisprogramme,Shri Priyank Kharge, Hon’ble Minister for Information Technology & Biotechnology and Rural Development & Panchayat Raj, Govt. of Karnataka expressed, “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.”

The Venture Capital Connect programmeis just one of the many programmes for the Startup community at BTS 2024. The event will also feature dedicated Startup track with 3 days of engaging panels and keynotes, a Startup Pavilion for entrepreneurs to showcase their innovative products and solutions, a Product Launch arena, Networking programs, Awards, and more.

About Bengaluru Tech Summit (BTS)

BTS 2024, scheduled to take place from 19-21 November 2024 at the Bangalore Palace, is organized by the Department of Electronics, IT, and Bt Government of Karnataka, and co-hosted by Software Technology Parks of India (STPI) Bangalore and driven by members of Karnataka’s Vision Groups on IT, Biotechnology, and Startups. BTS is the only event in India that has brought together leading cross-sectoral industry organizations like NASSCOM, IESA, ABAI, ABLE, TiE, USIBC on a common platform. The Event is curated by MM Activ Sci-Tech Communications.

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