Business Wire IndiaShri Priyank KhargeIIGP enables Indian innovators and startups to get connected to industry partners not only in India but across the globe. 12 innovators were taken to Silicon Valley during September 25-30 this year to provide them an exposure to the global innovation ecosystem and get on an accelerated commercialization path. Subsequently, Swati Tiwari of Arcturus Business solutions, a Noida based startup was connected to Texas based Austin Energy who recently tested the solution developed by Arcturus for inspecting power transmission lines from the air using drones and breakthrough imaging software. Several awarded startups also participated in an Indian innovation led start-ups to Nairobi organized by FICCI earlier this year. As a consequence of the visit, one of the awarded companies under the IIGP viz. Aakar Innovations which has developed low cost biodegradable sanitary napkins has signed MoUs for partnership with Banapads from Uganda; Zana Africa from Kenya and Dreamline Business Centre from Kenya.over 500 business engagement agreements being signed between innovators and industry partners/investorsINR 181 crore (approx. US$30million)

Published on October 14, 2016