- Indian entrepreneurship flourishing
For entrepreneurs launching new ventures these are exciting times, and in India the trend is quite remarkable. Experts estimate that by 2020 around 11,500 start-ups employing a total workforce of at least 250,000 will have been established there. India has already benefited from its many talented young entrepreneurs who have contributed so much to the growth of the country's economy. The Indian government is therefore keen to encourage and support entrepreneurship and the foundation of new companies. Thanks to an innovators' competition held by CeBIT India visitors at CeBIT in Hannover can now gain an insight into this flourishing business scene.
IT company Infosys backed the +91 Start-up Challenge launched at the trade fair premiere of CeBIT India in November 2014. The concept behind this competition was prompted by the International Start-up Area at CeBIT Hannover, which is always a hub of creative ideas and innovations. For more than a decade this platform in Hannover has stimulated discussion and helped to fast-track innovation within the IT sector.
In the course of the CeBIT India +91 Start-up Challenge new Indian companies were able to reach an international audience for the first time. They also established contact with the world media, business consultants, providers of development programs and venture capital. The participants in the +91 Start-up Challenge were assessed by a jury comprising prominent senior managers, well-known pundits and celebrities, as well as recognized IT experts.
The five finalists of the Indian +91 Start-up Challenge will now be coming to Hannover. From 16 to 20 March 2015, they will have the opportunity to reach more international target groups and showcase their products and IT solutions at CeBIT. The following five prize-winners will be represented at the Indian Pavilion in Hall 11/ (Stand B63):
• EduSupport (software for administration in education)
• Nascor Technologies (products and solutions for e-mail users)
• SysTele Solutions Pvt. Ltd. (software for health, administration and education)
• Intellileap Solutions India Pvt. Ltd. (software for business process management)
• Veda Semantic (data analysis)
CeBIT India was the first IT show on the Indian subcontinent. It took place from 12 to 14 November 2014 at the Bangalore International Exhibition Centre (BIEC) under the motto "New perspectives in IT". The trade show highlighted the main IT trends in the fields of cloud computing, big data strategies, corporate mobility and social networks. With more than 400 exhibitors registered from 35 countries, it was able to attract around 10,000 visitors to the event. The organizer of CeBIT INDIA is Hannover Milano Fairs India Pvt. Ltd. International, a subsidiary of Deutsche Messe AG based in Hannover.
www.cebit.de
