14 Indian startups from Telengana State showcase their capabilities at UAE expo

In Telangana, the startups are backed by T-Hub an Indian government-backed startup incubator. Vidit Agarwal, founder of Ryon Data Centers says “the government has divided the startup system into cybersecurity, AI, and Blockchain”

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Fourteen startups from Telangana State, India, five of them founded by women, are currently in the UAE to showcase their capabilities at the India Pavilion in Expo 2020 – Dubai, a report in the Gulf News says.   

In Telangana, the startups are backed by T-Hub an Indian government-backed startup incubator.

Vidit Agarwal, founder of Ryon Data Centers says “That’s the main incubation center – the government has divided the startup system into cybersecurity, AI, and Blockchain”. He is part of a delegation from Telangana to the UAE.

Bhaskar Reddy, President of Federation of Telangana Chambers of Commerce and Industry (FTCCI), is leading the 15-member strong business delegation to explore potential business tie-ups with UAE and other Gulf countries.

According to Reddy said a 30-member delegation from India’s commerce ministry was in UAE to discuss a free trade agreement. Earlier, last month, Indian Commerce Minister Piyush Goyal, had said a comprehensive economic partnership between UAE and India would be finalized before the end of this year.

India’s Consul General in Dubai Aman Puri, said “There are special opportunities for India-Saudi Arabia collaboration in the new and emerging technologies as also in expanding startup collaboration”. 

He was speaking at an event at the Saudi pavilion on Tuesday. Apart from crude oil supplies, India and Saudi Arabia are also discussing partnerships in several other sectors, he added. 

Elaborating further the Consul-General said “Saudi Arabia has remained a dependable partner for India to meet its hydrocarbon requirements. The Indian innovation prowess is being significantly showcased at the (Indian) Pavilion, and I’m optimistic of fruitful interactions amongst the startups and investors from both countries.”

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