Piyush Goyal proposes startup pitching series with Japan
India's Commerce Minister Piyush Goyal proposed a startup pitching series between India and Japan. This initiative, similar to Shark Tank, aims to connect young companies with investors. The virtual format will leverage digital connectivity for increased participation and collaboration. Japan's patient capital and precision engineering are invited to partner with Indian firms. This move seeks to…
Commerce and industry minister Piyush Goyal recently proposed an India-Japan startup pitching series, akin to the Shark Tank format, aimed at connecting startups from both nations with investors and potential business partners. The initiative could be conducted virtually, capitalizing on digital connectivity. Goyal also invited Japan's patient capital and precision engineering to collaborate with Indian firms.
The proposed pitching series initiative could deepen commercial ties between India and Japan, moving beyond initial pitches to actual business collaboration. Both Indian and Japanese startups could participate, with Indian startups pitching to Japanese investors and vice versa. Leveraging global connectivity through Zoom calls and the internet, Goyal suggested more pitching sessions could be organized, fostering stronger business connections, progressing from pitches to pilots, investments, and scaling.
Goyal extended an invitation to Japanese businesses and startups to work with India, stating that enhanced bilateral economic cooperation would generate broader opportunities for prosperity.
Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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