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20 startups set to enter London

Deccan Herald |

27 May 2017

BENGALURU: A total of 20 startups, majority of them from Bengaluru, have been selected in this year’s India Emerging 20 (IE20) programme. The programme is an initiative aimed at high growth, knowledge-based companies formed after 2000. Of 345 Indian companies that entered the programme this year, 50 startups were shortlisted, and top 20 were selected at an event held here.
The IE20 programme launched by the Mayor of London SadiqKhan’s business and promotional agency, London&Partners, supported by SantanderUK, BDO and Newland Chase, has uncovered some of India’s most promising companies looking to expand on the international stage.

These 20 startups — from travel tech to dairy tech, and from stem cell technology to science for children, will be able to expand, scale up and start business in London. These companies have been invited to London, during the London TechWeek which will start on June 12, to help facilitate international partnerships, alliances, business opportunities and discover how to take advantage of London’s unique position as a global
business centre. Last year too, 20 startups were selected as part of this programme. From last year’s cohort,two companies have already set up offices in London — LatentView Analytics and Curadev Pharma. David Slater, London&Partners’ Director of International Trade and Investment, said, “India is one of the highest sources of foreign direct investment to London. This programme helps both startups from India and companies from London to establish mutual trade relationships.” “The diversity of businesses on the latest IE20 mission shows the vast international potential of Indian business and London offers the greatest place in the world for companies to scale and grow,” Slater added.