At i2india, we
- Provide seed funding and incubation services to Indian startups
- Bring globally unique technologies to the Indian market to build successful companies
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Massive Indian Opportunity for technology innovation
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During the last recession, while the world economy shrunk, the Indian economy was still growing. The driver's of economic growth in India are need-driven and not as much wants-driven as in many western economies. Growth is likely to sustain for the next 3-4 decades, due to strong policies and a growing middle class. It is un-questionable that the economic growth is on a fast track and there is multi-fold increase in the disposable income of the average Indian.
In this setting, the problem faced by the country presents massive opportunities. Every field of business presents opportunities for new solutions - the need for good healthcare and clean technologies rank amongst the top.
Interestingly, many of the technologies required to address India's challenges often either exists or have been developed recently in developed economies. However given the great differences of the market, in-depth localization is critical for importing of technologies to the Indian market. A glaring example is the success of the local telecom industry wherein the core technology was not developed in India, but due to local innovation, Indian customers can buy the world's lowest cost mobile telephony. No wonder that India is the fastest growing market for the wireless telephony sector, worldwide.
Though technology has a major role to play, its localization and an appropriate commercialization has an even more important role to play in building new ventures. Business model innovation, alternative financing strategies, management team with local talent and custom built solutions will determine the success of any new commercialization effort.
With more than two decades of experience at Imperial Innovations, UK, a network of 100+ spin out companies and on-the-field experience and contacts of i2india, we offer one of the best platforms to technology innovators looking to access the Indian markets.
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Entrepreneur's
Portal
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