India participates in international startup festival in Seoul

By Park Sae-jin Posted : December 18, 2024, 13:47 Updated : December 18, 2024, 13:47
Courtesy of the Embassy of India in the Republic of Korea

SEOUL, December 18 (AJP) - A high-level Indian delegation participated in COMEUP 2024, an international startup festival held at COEX in southern Seoul on December 11 and 12. The event, designed to support global startups, offered networking opportunities, business matchmaking, and investment prospects.

The Indian delegation, led by Shrimati Aarti Bhatnagar, Additional Secretary and Financial Adviser (AS&FA, Deputy Minister) of the Department for Promotion of Industry and Internal Trade (DPIIT), included DPIIT officials, members of the Startup India team, and representatives of Indian startups.

During the event, Korea's SMEs and Startups Minister Oh Young-ju visited Indian booths and attended a presentation by Krypton AI, an Indian startup specializing in AI, automation, and IoT technologies. The company showcased its solutions to enhance industrial efficiency, security, and data-driven decision-making.

The delegation also held discussions with Korea's Deputy Minister of SMEs and Startups, Lim Jung-wook, focusing on potential collaboration between Indian and Korean startup ecosystems.

Indian Ambassador to Korea Amit Kumar welcomed the delegation and emphasized the Embassy’s efforts to foster cooperation in the startup sector, highlighting new opportunities for joint initiatives.

India invited Korean government officials and startups to participate in its flagship startup festival, "Startup Mahakumbh 2025," scheduled for April 4 and 5, 2025, in New Delhi.

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