CGI Shanghai in partnership with Startup India Association (SIA) and Venture Gurukool organised a Startup India Investment Seminar in Shanghai. 42 Indian entrepreneurs representing 20 Indian startups from diverse sectors like; e-commerce, online gaming, new energy vehicles, logistics, media, environment, health-education, Ayurveda, housing finance etc, participated in the event and made pitch before Chinese investors to make investments in their ventures. More than 100 audience, mostly representing Chinese Venture Capital (VC) funds, angel investors participated in a day long pitching session and seminar.
Indian technology start-up domain, it is among the biggest in the world with valuation of over US$ 35 billion. Last few years saw emergence of several thousand start-ups in India, rise of unicorn start-ups and growth of segment leaders in categories like robotics, analytics, edu-tech, health-tech, legal-tech and fin-tech. They not only created value for their investors but immensely contributed in solving challenges faced by grass root level Indian industries like healthcare, education, finance, energy and agriculture; which positively impacted millions of lives in India.
The success story of China is not only about the speed and scale at which the things has been done but also about the unique and innovative financing models; business processes and procedures which made possible the Chinese growth story sustainable over such a long period of time; and most importantly; transforming China from an agricultural to industrial and now towards knowledge driven economy. The Indian startup companies also took valuable lessons from the experiences and knowledge of scaling up from the Chinese companies.