20 Indian start-ups selected for business expansion to London
Bengaluru, May 18: Twenty Indian start-ups have been chosen to join London Mayor Sadiq Khan's India Emerging 20 (IE20) business programme which aims to help selected companies in setting up or expanding their business in Britain's capital.
The India Emerging 20 programme which is in its third edition this year was launched by London and Partners, which is the Mayor of London's official promotional agency, in collaboration with BDO, a major accounting and taxation network, and Lalit Hotels.
It was set up with the aim to identify some of India's most ambitious companies that are considering international expansion.
The 20 winners of 2018 were chosen from over 300 applications from some of India's leading business hubs such as Mumbai, Bengaluru and New Delhi, London and Partners said in a statement on Friday.
The winners will have the opportunity to benefit from discounted rates on a London office and tailored expert advice on marketing, access to finance and local market analysis, it added.
"London is a truly global business centre and presents lots of opportunities for Indian companies looking to expand their business overseas," said Khan.
"I am delighted that my India Emerging 20 programme is helping some of India's fastest growing companies with their international growth and London remains open to investment, talent and collaborations with India," he added.
Among the winners selected for this year's programme are Hug Innovations of Hyderabad and Mumbai's Furtados School of Music.
Hug Innovations is a wearable tech company developing IoT platforms that allows users to complete tasks including controlling apps, electronics, VR headsets, toys and home automation using just hand gestures.
Furtados School of Music (FSM) is a music education firm with a vision to provide accessible quality music education to all. The company is currently testing a mobile application to bring together people interested in learning music and music teachers.
The other winners are Appnomic Systems, BiOZEEN, BlackPepper Technologies, Chai Point (Mountain Trail Foods), Happay, Intello Labs, Ittisa Digital Media Services, Senseforth, Chakr Innovation, Dineout/inResto, Fork Media, Lucideus Tech, Morph.ai, Videonetics Technology, Wigzo Technologies, Gaia Smart Cities, Iksula Services and SaffronStays.
In April, India and Britain announced a UK-India Tech Partnership to identify and pair businesses, venture capital, universities and others to provide access routes to markets for British and Indian entrepreneurs and small and medium enterprises.
"IE20 is an important element of the UK-India Technology-Partnership which was agreed by our two Prime Ministers in April and formally launched in India last week by Digital and Culture Secretary, Matt Hancock," said Dominic McAllister, British Deputy High Commissioner in Bengaluru.
"The UK and India are global leaders in technology and two of the world's most innovative countries. The new UK-India Tech Partnership will be testimony to that. A pilot soon to be launched In Karnataka will focus on augmented and virtual reality, advanced materials and artificial intelligence -- technologies which a number of our winners today are already deploying," McAllister added.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Inappropriate for MLAs seeking free IPL tickets, says D.K. Suresh
Bengaluru: Bengaluru Milk Union Ltd President D.K. Suresh on Monday said it is inappropriate for MLAs to seek free IPL tickets, adding that those interested in watching matches should pay for them personally.
Speaking to reporters near his residence in Sadashivanagar, he said, “IPL is a commercial tournament and does not represent the country. It is not right for public representatives to focus too much on such matters.”
Referring to the recent controversy during the RCB celebrations, he said, “let us find out who benefited the most from the statements made during the incident.” He also pointed out that BJP MLAs had received IPL tickets as well.
Responding to discussions about relocating the Chinnaswamy Stadium, Suresh said the government has already approved the construction of a new stadium at a location he had proposed.
“I had suggested building a stadium in Surya City and submitted a proposal for it. Bengaluru needs four stadiums in four directions to cater to its growing population and encourage youth participation in sports,” he said.
He noted that apart from Kanteerava Stadium, KSCA, and the Football Stadium, there are limited facilities in the city.
“When I was a Lok Sabha member, I had proposed allocating 100 acres in my constituency at Surya City. The land was later earmarked and the plan approved,” he added.
Suresh said he has discussed the project with Minister Zameer Ahmed Khan, Rajiv Gandhi Housing Corporation Chairman Shivalingegowda, and Anekal MLA Shivanna.
“The Cabinet has now approved the project, and a stadium will be developed on around 50–60 acres,” he said.
He further added that he has requested the Deputy Chief Minister to build another stadium at Shivarama Karanth Layout through the BDA, where 40 acres have been allocated. Plans are also being discussed to develop a well-equipped stadium in Bidadi.
Commending state government's recent bilingual policy move, Suresh said forcing children to learn three languages could affect their comprehension.
“It is a good decision to make two languages compulsory. Learning a third language should be left to the choice of students and parents,” he said.
Responding to criticism from BJP leaders, he said their tendency is to oppose every decision of the government.
“To please their central leadership, they take a pro-Hindi stance. Instead, they should advocate for the adoption of Kannada in all states,” he said.
When asked about the earlier three-language policy under Congress, he said, “the situation is different now. Today, the focus should be on quality learning. Kannada should remain the primary language, while students and parents can choose an additional language.”
