Karnataka's Tech Summit: Bridging Startups and Global Investors

The Department of Electronics, IT, and BT of Karnataka is hosting Venture Capital Connect, a three-day event at the Bengaluru Tech Summit 2024, linking startups with global investors. The event features over 50 investors with potential investments exceeding USD 17.5 billion and showcases 322 startups, offering them chances for funding and mentorship.

The Karnataka Department of Electronics, IT, and BT is bringing startups closer to investors through its 'Venture Capital Connect' at the Bengaluru Tech Summit 2024. Scheduled from November 19-21, the event aims to connect aspiring entrepreneurs with a hefty lineup of investors.

Venture Capital Connect will attract more than 50 global investors, ranging from family offices to venture capital firms, boasting a collective potential fund worth over USD 17.5 billion. A total of 322 startups have registered, spanning various stages of development, with 118 having patent applications.

The event seeks to offer Karnataka-based startups the expertise and capital necessary to scale innovations, emphasizing the state’s commitment to innovation. This initiative represents a strategic commitment to nurturing the future of technology entrepreneurs in Karnataka.

(With inputs from agencies.)