At COMEUP 2024, hosted by the Ministry of SMEs and Startups, Authorities of South Korea, Indian startups participated on the India Pavilion, supported by the Division for Promotion of Business and Inner Commerce (DPIIT) and Startup India. The occasion organised by Korea Startup Discussion board, was held beneath the theme “Innovation Past Borders,” and attracted over 20,000 attendees, 260+ startups, and 300+ buyers from internationally.
The delegation additionally engaged in focused B2B conferences with main enterprise capitalists (VCs), company enterprise capitalists (CVCs), high companies, accelerators, and main universities unlocking alternatives for strategic partnerships, investments, and market growth. Startups additional explored South Korea’s innovation-driven financial system by means of curated ecosystem excursions and direct publicity to authorities initiatives by means of visits to World Startup Centre, Okay-Startup Grand Problem, Korea Social Innovation Fund, Indo-Korea Chamber of Commerce amongst others. These periods highlighted insurance policies, grants, and packages designed to help worldwide companies coming into the market.
Nemesisa Ujjain, VP & Head of The Circle FC, mentioned in an announcement, “With South Korea rising as a pure entry level for Indian startups into the broader Asia-Pacific area, KMIP offered them a possibility to increase horizons, entry world buyers, and set up sturdy connections with the Korean ecosystem.”
The Circle FC is already planning its subsequent cohort, aiming to deliver extra Indian startups to worldwide markets like Taiwan, Japan, and past in 2025.
