The partnership was signed on the sidelines of the AI Influence Summit held in Delhi. |Photograph Credit score: Ruhani Kaur
The Karnataka Ministry of Electronics, Data Know-how, Biotechnology and Science and Know-how has signed a Letter of Intent (LoI) with VivaTech, a European startup and innovation occasion, to create a structured Europe-India startup and innovation hall with the Bangalore Tech Summit (BTS) at its core.
The partnership, signed on the sidelines of the AI Influence Summit, displays BTS and VivaTech’s mutual intention to strengthen the innovation ecosystem and foster cross-border collaboration between startups, companies, buyers and public stakeholders in India, France and Europe.
The LoI will function a framework for structured engagement and future programmatic cooperation with a transparent deal with world market entry, investor connectivity and growth of company partnerships for Karnataka’s startup ecosystem.
Karnataka Minister of IT, Biotechnology and Rural Growth Priyank Kharge mentioned, “This can be a progressive step for each our ecosystems. I’ve seen VivaTech firsthand and the size of disruption and innovation there’s actually astonishing. This can be a highly effective platform for our startups to entry the French and wider European markets.”
The cooperation will assist construct a long-term expertise partnership between France and the town of Bengaluru, particularly within the backdrop of the Indo-French Innovation Yr 2026, the minister mentioned.
“By anchoring this initiative by way of the Bengaluru Tech Summit, we’re constructing a powerful innovation bridge between Europe and India, empowering founders to assume greater, scale sooner, and compete globally in AI, deep tech, and rising applied sciences,” he added.
Underneath the settlement, the 2 sides will collaborate on startup and delegation exchanges, collaboration throughout precedence areas similar to AI, local weather expertise, deep tech, gaming, semiconductors and different rising applied sciences, and ecosystem promotion and branding, together with mutual promotion of flagship occasions and structured nationwide and regional focus participation.
