Entrepreneurship Week for this year's Europe India Centre for Business & Industry's (EICBI) India Technology Summit, held on 14th November, to listen to 28 speakers from pioneering British and Indian start-ups, major corporates and investors.
Supported by Sivaleen Associates and Empact Ventures with Silicon India as media partners , this curated event aimed to establish an understanding of the major technological challenges and opportunities in India and the UK, and to connect and enable people, companies and communities to work together. Since it was first held in 2012, the EICBI’s summits have engaged more than 2700 delegates from over 1000 companies.
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India technology summit 2017
1. INDIAN TECHNOLOGY SUMMIT 2017
Post Meet Report
Tuesday, 14th November, 2017
UK Parliament, London, UK
PRESENTED BY
EVENT PARTNERS
2. THE MEET
Various reports have suggested that India has 355 million internet users, which
amounts to roughly 27 percent of the population of 1.3 billion people. That’s
up from 277 million in 2015.Close to $500B of value will get created in Indian
tech space over the next decade. In Q1 2017, 214 Indian tech startups raised
about $1.46 Bn in funding (data is based on startups that disclosed their
funding amounts). This is a 25% jump in the number of deals and 122% jump
in total funding raised, as compared to the last quarter of 2016. Consumer
Internet continues to be the top sector , followed by Healthtech and Fintech ..
Hyperlocal startups are closing down
The discussion during the summit were aimed to showcase challenges and
opportunities in UK, India and Europe so as to help companies make better
decisions while expanding into these markets. About 120 technology
companies working in the area of Internet of Things, Artificial intelligence
Big data, Fintech, electronic systems, communications, cyber security &
Retail technology attended the summit. Around 28 speakers shared their
expertise with the delegates, who also had a chance to have productive
discussion with speakers. Few of the British MPs who attended the summit
included Hon Virendra Sharma MP (Ealing Southall); Hon Bob Blackman MP
(Harrow East); Hon Tanmanjeet Singh MP ( Slough); Hon Ruth Cadbury MP
(Brentford & Isleworth) & Preet Gill (Birmingham Edgbaston)
3. PROGRAMME SUMMARY
ITC Infotech Ltd, an Indian company
and Chirp, a UK company whereby
both companies are jointly developing
business solutions which use ‘data
over sound’ technology to interact
between mobile phones, machines and
other electronic devices. This session
was followed by a talk by Ms.Ashvini
Danigond - Chief Executive Officer,
Manorama Infosolutions Pvt. Ltd who
provided an overview of the
technology sector in India and
Mr.Virendra Sharma MP, the
Chairman of Indo British All Party
Parliamentary group and Patron of
Europe India Centre for Business and
Industry, welcomed the delegates
attending the business meet.
The first session was about the
collaboration between a UK
technology company and Indian
technology company. This discussion
focused on a partnership between
showcased opportunities across each of these technology sectors including
education, healthcare, finance amongst others. This talk was followed by the
corporate innovation panel discussion where experts discussed about the state
of innovation and technology within large corporate organisations in light of
recent technological developments across areas Internet of Things, Artificial
intelligence, Big data, Fintech, electronic systems, communications, cyber
security & Retail technology and other related areas. The session was chaired
4. Director of Technology at News Corp
and Rakesh Bokinal - Programme
Manager at Isban (Santander
Technology) & Founder of
Flyero.com. This panel discussion
was followed by Investment Panel
discussion where experts discussed
about the statement of the technology
investment landscape within the
startup ecosystem in the UK, Europe
and India. The panel discussion was
chaired by Raphael Weninger - Head
by Kosta Mavroulakis, Founder &
CEO, Empact Ventures. The panelists
who were part of the discussions
include Manoj Agarwal - Director of
Digital Services at Hays; Anjali
Kumar - Head of Technology at Pizza
Hut ; Ajay Hari - Founding Director at
LogicShore & Head of IT (Customer
Services & After Sales) at Jaguar
Land Rover; Martin Smale - IT
Director at Selwood, former Director
of IT at Cisco Systems & former
of Ventures, Empact Ventures. The panelists who were were part of the
discussions included Arun Thangavel – Co -Founder, Hollabox; Andrew Jervis
- Co-Founder & CEO, ClickMechanic ; Pier Paolo Mucelli - CEO of eOffice
& PropTech Investor; John Maltman - Founder & CEO of E-Fundamentals &
former VP of PepsiCo ; Simon Brown - Founder & CEO, Skignz and
Kirsty Grant - Investment Director, Seedrs. This panel discussion was
followed by Next Big Thing Panel where experts discussed on the current
trends in the tech industry and more importantly where things are things are
5. Mallon, MD of Rarely Impossible.
The following panel discussion was
about the opportunities for UK India
Technology partnerships whereas
panelists from UK and India
discussed about various opportunities
that are available for companies from
UK and India to work together. The
panel was chaired by Madhuban
Kumar - CEO, Metafused. The
panelists who were part of the
discussion included Mahesh Bigala -
going next in UK, Europe and India.
The panel discussion was chaired by
Andrew Milsom - Managing
Director, Three Straight Lines. The
panelists who participated in the
discussion included Nitin Dahad –
Founder, The Next Silicon Valley;
Shourik Chatterjee – Director, Sipahi
Group; Simon Brown - Founder &
CEO, Skignz ; John Maltman -
Founder & CEO of E-Fundamentals &
former VP of PepsiCo and Lee
NRI representative/ IT representative - Telangana; Ankur Modi – CEO, Status
Today; Paul Andrews – Founder, Oaktec; Kosta Mavroulakis - Founder &
CEO, Empact Ventures and Dr Alex Mereacre - VP Systems Engineering,
NquiringMinds. Following this session, all the delegates were encouraged to
introduce themselves so as to let other delegates know about their work &
what they intend to get out of the summit.
6. We thank our event partners, who played a key role in helping us
organise a successful summit. The event partners for this Summit were as
follows
Sivaleen Inc - http://www.sivaleen.com/
Empact Ventures - www.empact-ventures.co.uk/
Manorama Infosolutions - manoramahealthcare.com
The Next Silicon Valley - http://www.thenextsiliconvalley.com/
EVENT PARTNERS
Tapping into our network and expertise built over the years, we also
offers consultancy services to those companies who are looking to start,
scale up or expand into the UK and Indian markets
Important Disclaimer:
Important please note: This report is for guidance only and has been prepared in good faith to give a fair
overall view of the meet and is believed to be correct at the date of publication.
Copyright
All content in this document, including logos, text, images, graphics etc are protected by copyright and/or
design right owned by Sivaleen Inc unless identified as belonging to third parties. The business meets of
Europe India Centre for Business & Industry is initiated, implemented and executed by Sivaleen Inc , which
also represents EICBI in India