The growing start-up ecosystem of India, on which global investors have made huge bets, will be an important pillar in the country’s relationship with Israel, the country’s ambassador to India Daniel Carmon said on Friday, while announcing the India winners of the Start Tel Aviv contest.
The contest is a global annual event, the winners of which will join local Israeli entrepreneurs and participate in lectures, workshops and meetings with leading Israeli investors and professionals there.
“Israel is a startup of its own, and has built an ecosystem to encourage entrepreneurs. The combined startup ecosystem of Israel and India will be one more pillar in the India-Israel partnership,” Carmon said.
India leg of the contest saw two women entrepreneurs — Komal Talwar, co-founder of online patent search and analysis firm Xlpat Labs, and Mausumi Acharyya, CEO of healthcare technology firm Advenio — come as winners, who will be flown to Israel in the five-day startup program at Tel Aviv.
Israel is well-known for setting up of more startup companies than any other country.