Startup innovation on display as KAN Demo Day comes to Mysuru

The Hindu
The Hindu
1M ago
37 views
KAN Demo Day took place in Mysuru to support over 300 startups by connecting them with investors and mentors. This initiative is crucial for strengthening Karnataka's startup ecosystem beyond Bengaluru.
Startup innovation on display as KAN Demo Day comes to Mysuru
A 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.

Key insights

  • 1

    Support for 300 startups: KAN aims to assist over 300 startups in scaling their innovations.

  • 2

    Focus on regional hubs: The initiative promotes innovation in tier-2 and tier-3 cities.

  • 3

    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.

Topics

Business & Markets Economy Innovation

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