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India-Israel Innovation Center launched at IoT India Congress 2018

Bengaluru, October 10, 2018: The third edition of IoT India Congress that concluded today witnessed the launch of India’s first India-Israel Innovation Centre (IIIC), an entrepreneurial tech hub where teams and individuals can grow their technologies and businesses surrounded by like-minded people, and work collaboratively in a supportive environment and related communities in both the countries. The IIIC was launched by Ramanan Ramanathan, Mission Director, Atal Innovation Mission, Government of India.

Present at the event, Moshe Porat, Founder & CEO Mesh Labs, Ariel Seidman, Deputy Counsul General of Israel and Varad Krishna, Founding Partner, IIIC participated in the launch of IIIC.  

Speaking on the launch, Ms. Dana Kush said, Consulate General of Israel to South India said, "We are proud to witness the launch of IIIC, which reinstates that the formula of “India + Israel= Innovation” works.  Our role as diplomats is to find best possible ways to connect India to the Israeli ecosystem and vice-versa, especially while both nations are focusing on startups. I wish IIIC to be another productive milestone in connecting the countries and pave the way for many more successful businesses to grow and transform. There would have been no better place than having this launch in India’s Silicon Valley- here in Bengaluru." 

The IIIC is a significant step towards facilitating penetration of Israeli companies in India and aims to bring local partnerships and joint ventures between the companies from the two countries. It will provide an ecosystem to support entrepreneurship, partnership with vendors, mentoring and non-formal community development that will assist the growth of the companies in different verticals and covers business, technology, investors and customers.

Startups that are part of IIIC will be given mentorship and guidance and opportunities to participate at all IIIC’s Global events and experience networking avenues with potential customers. 

“I am happy with the launch the India Israeli Innovation Centre (IIIC) at the IoT India Congress, first ever in India that aims to meet the long pending need to connect the startups ecosystems of Israel and India to improve the quality thereby the survival rate of the startups from our country”, said Varad Krishna, Founding Partner of IIIC.

Mr. Shekhar Sanyal, Director and Country Head, the IET said, “The launch of the IIIC was an exciting part of the third edition of IoT India Congress that concluded today. We, at the IET are proud to have collaborated with IIIC and our aim is to facilitate more such opportunities which will help in building a robust ecosystem.”

As a part of this year’s focus, the IOT India Congress offered Live experience zones, Speed Dating, Pop+91 stage, Argonaut session along with the key tracks - Manufacturing, Healthcare, Smart Cities, Digital Communication, Media and Edutainment and IoT Standards.

The event attracted participation from over 2000 delegates over the two days. Marc Jones, Chairman and CEO, Aeris delivered the super keynote address. Industry leaders like Ramanan Ramanathan, Mission Director, Atal Innovation Mission, Government of India, Juergen Hase, CEO, Unlimit, Dr. Gopichand Katragadda, CTO, Tata Group, Ravi Ramaswamy, Senior Director and Head, Health Systems, Philips Innovation Campus, V S Sridhar, Senior Vice President and Head, IoT Business Initiative, Tata Communications Ltd, to name a few were part of the panel discussions, keynote address and workshops.

The event also witnessed the launch of seven whitepapers which focused on Healthcare Prevention, IoT Security, Smart Education, Smart Energy, Smart Governance, Smart Living, and   Standards in Legal Privacy. Also, a part of the congress was the uniquely designed Argonaut- Money on the Table session which provided a platform for startups to interface with angel investors. 

Speaking on the sidelines of the event, Dr. Rishi Bhatnagar, Chairman said, “We are enthralled at the response we received for IoT India Congress this year. It gives us immense pleasure to see how people across the countries are coming together to unravel the business outcomes that the IoT presents and discuss the future it holds. The Congress is growing bigger and better with every edition.”

About IoT India Congress

IoT India Congress 2018 is the 3rd edition of India’s largest Platform of Platforms for the Internet of Things. While our first edition was devoted to unifying the fragmented IoT ecosystem and building the Platform of Platforms for the Internet of Things, the second edition focused on exploiting this platform for unraveling business outcomes and demonstrating business opportunities. In this 3rd edition, we have partnered with Exhibitions India Group – India’s leading trade promotions company. With our combined strength and experience, we hope to bring to you an immersive view of the Internet of Things and the future it presents.

About the IET:

The IET is one of the world’s largest engineering institutions with over 168,000 members in 150 countries. It is also the most multidisciplinary – to reflect the increasingly diverse nature of engineering in the 21st century.

The IET is working to engineer a better world by inspiring, informing and influencing our members, engineers and technicians, and all those who are touched by, or touch, the work of engineers.

Institution of Engineering and Technology - India

The IET office started operations in India in 2006, in Bangalore. Today, we have over 13,000 members and have the largest membership base for the IET outside of the UK.

Given the increasing global importance of India as an engineering hub* our aim is to make an impact that has relevance both locally and internationally. Our strategy is to make a meaningful impact on the overall competency and skill levels within the Indian engineering community and play an influencing role with industry in relation to technology innovation and solving problems of public importance.

We want to do this through working in partnership with industry, academia and government, focusing on the application of practical skills within both learning & career lifecycles, driving innovation and thought leadership   through high impact sectors. Our volunteer led panels are means through which we deliver our strategy. The IET India IoT Panel was born out of this focus.