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What happened
The KAN Demo Day, organized by the JSS Science and Technology University in collaboration with Jain Launchpad, took place in Mysuru, showcasing innovations from 18 high-potential startups. This event is part of a broader initiative to strengthen Karnataka's startup ecosystem by connecting growth-stage startups with investors, mentors, and accelerators. KAN aims to support over 300 startups across various sectors, including DeepTech, HealthTech, AgriTech, FinTech, and ClimateTech. The initiative is backed by the Karnataka government and aims to promote innovation beyond Bengaluru, focusing on tier-2 and tier-3 cities. The event featured participation from leading venture firms and angel networks, reflecting a collective effort to build a robust innovation landscape in the region.
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Key insights
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Support for 300 startups
KAN aims to assist over 300 startups in scaling their innovations.
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Focus on regional hubs
The initiative promotes innovation in tier-2 and tier-3 cities.
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Diverse sector representation
Startups from various sectors like HealthTech and FinTech participated.
Takeaways
KAN Demo Day represents a significant step towards enhancing Karnataka's startup ecosystem, fostering innovation and investment in regional hubs.