Karnataka digital economy mission shines at TiE Global Summit 2021

Continuing with its mission to contribute to India’s $1trillion digital economy with a robust innovation and start-up ecosystem, the Karnataka Digital Economy Mission (KDEM) successfully participated in the two-day TiE Global Summit 2021.

Through this Global Summit, KDEM underscored the value proposition the development of clusters brings in the overall economic development and how they have become the preferred choice of investments for GCC countries.

The TiE Global Summit 2021, an annual flagship conference for entrepreneurs that was attended by world leaders, technology experts, industry leaders, mentors and investors.

To recognize the Indian startups and enable global competitiveness, KDEM provided a platform for startups to showcase their ideas, innovation, and dominance in smart-tech.

The five startups from Karnataka, namely, Phyllo, LivNSense Technologies Pvt Limited, MAKERINME Technologies Private Limited, Chipspirit, and Saigeware Technologies Pvt Ltd. participated to pitch to the TiE Angels Investing Program at the Summit.

These startups will receive further mentoring support from global experts and a chance to meet international VCs. This is part of KDEM’s vision of Karnataka assuming a leadership role in India’s innovation ecosystem by creating even growth across the state through nurturing talent in cluster cities such as Mysuru, Hubli, Mangaluru.

“KDEM was conceptualized to be an enabler to technology and innovation startups that help build a strong digital economy while promoting Indian talent on a global platform. We have always strived to provide maximum outreach to local talent while recognizing, rewarding, and reaffirming their capabilities. Among several initiatives, KDEM provided these five startups with a platform such as the TiE Global Summit 2021 to showcase their innovation while providing an enriching environment and network to match global standards,” said BV Naidu, Chairman, Karnataka Digital Economy Mission.