The Karnataka Digital Economy Mission is a non-profit organization created to serve as a knowledge bridge between the state government and industry, with the goal of speeding the growth and investment in the state's IT, BT, and S&T sectors.
External link for Karnataka Digital Economy Mission (KDEM)
1st Sector Road
HSR Layout (behind HSR Police Station), Bengaluru 560102
Bengaluru South, Karnataka 560102, IN
Have your say on the future of tech growth in our region! We want to know your thoughts on key infrastructure priorities that could make a difference. Share your opinion and be part of the growth story. #techgrowth #kdem #infrastructure #poll #futuretech #hdb #hubballidharwadbelagavi #emergingtechcluster
This content isn’t available here
Access this content and more in the LinkedIn app
Key Budget Highlights 2024: The 2024 budget focuses on employment, skilling, MSMEs, and the middle class. Major changes include the removal of the Angel Tax and a reduction in TDS on e-commerce payments. There's a strong push for new credit and support models for MSMEs, along with a significant boost to infrastructure. The budget brings interest-free loans, support for clean energy, and development funds for semiconductor manufacturing and industrial parks. Additionally, KDEM's initiatives, including Talent Accelerator, Beyond Bengaluru, ESDM & GCCs, and Innovation and Startups, will have accelerated growth in the State. This budget positions Karnataka for stronger growth....come be part of this vibrant ecosystem! #budget2024 #karnataka #msme #employment #skilling #infrastructure #cleanenergy #innovation #startups #beyondbengaluru
In his speech, Hon'ble Minister Priyank M Kharge outlined Karnataka's ambition to be among the top 10 global startup ecosystems, highlighting the growing presence of women entrepreneurs and the state's position as millennial-friendly with the highest number of colleges per district. He noted that over 3,000 state-based tech startups have received external funding and emphasized the need to bridge the unicorn gap between India and the U.S., with Karnataka alone housing 45 of the country's 112 unicorns. The Minister also discussed the robust investor ecosystem, the drive to foster innovation beyond Bengaluru—where nearly 1,500 startups are based—and his role in launching India’s first state government grant fund. #globalstartupecosystem #womenentrepreneurs #millennialfriendly #unicornstartups #techinnovation #karnatakastartups 3one4 Capital
The Bengaluru Innovation Report was unveiled in the presence of Hon'ble Minister Shri Priyank M Kharge, Dr. Ekroop Caur, Secretary, Ruchi Bindal, Deputy Secretary, Darshan H V, Director, Department of E, IT, and BT, Prashanth Prakash, Chairman of the Vision Group on Startups, Siddarth Pai, Founding Partner at 3one4 Capital, BV Naidu, and Sanjeev Kumar Gupta from the Karnataka Digital Economy Mission. The report showcases: 🔹 Bengaluru as a leading Urban Innovation Hub 🔹 The strengths of our digitally adept population 🔹 Our recognition as the GCC Capital of the World 🔹 Programs that empower women entrepreneurs 🔹 Our dynamic startup ecosystem with over 45 unicorns Download the report here: www.karnatakadigital.in #bengaluruinnovation #urbaninnovationhub #digitalpopulation #gcccapital #womenentrepreneurs #startupecosystem
During the launch of the third edition of the Bengaluru Innovation Report, Sanjeev Kumar Gupta, CEO, KDEM emphasized that the report offers a thorough perspective, combining both qualitative and quantitative insights. He highlighted its focus on emerging sunrise sectors and noted that the report represents the collective efforts of various organizations. He stressed the significance of collaboration in driving innovation and underscored that this edition reflects Bengaluru's ongoing growth and leadership in the innovation landscape. #bengaluruinnovation #innovationreport #emergingsectors #collaborativedriving #techleadership #growthandinnovation 3one4 Capital
In his keynote address during the Elevate winners felicitation ceremony and the launch of the Bengaluru Innovation Report, Prashanth Prakash, Chairman of Vision Group on Startups, Government of Karnataka, highlighted: • The crucial role of grant money for early-stage startups. • Karnataka's exceptional grant support through Elevate, surpasses other states. • The next milestone will be 10 times more challenging. • Essential considerations for early-stage entrepreneurs: • Market size for scalability; Recognizing and addressing competition in pitches.; Understanding what stage of the product-market fit journey the startup is in • VCs' expectation of frugality • The unique business models and unparalleled drive of Indian entrepreneurs. #elevatewinners #startupfunding #earlystageentrepreneurs #karnatakatech #productmarketfit #indianentrepreneurs 3one4 Capital
In her context-setting speech, Dr. Ekroop Caur, Secretary of the Department of E, IT, and Bt, Government of Karnataka, highlighted the state's thriving startup ecosystem: • Over 18,000 startups in Karnataka, including 13,000 in Bengaluru with nearly ₹76 billion raised in funding. • Elevate program: 263 winners this year; 99 startups in the first call. • Emphasis on incubation and mentorship through K-tech Partners • Strong outreach and global connections through GIA • Karnataka's top ranking in the DPIIT state ranking framework. • NAINs established in higher educational institutions for grassroots innovation. • CoEs, incubators, and policies support ESDM, AVGC, IT, data centers, biotech, and cybersecurity. • Karnataka Acceleration Network to Support Growth Stage Startups • Beyond Bengaluru Cluster Seed Fund to support startups in emerging clusters #karnatakastartups #innovationhub #elevateprogram #globalconnections #dpittranking #techincubation 3one4 Capital
Elevate Winners Felicitation Ceremony and Launch of Bengaluru Innovation Report In his welcoming address, Shri Darshan H V, Managing Director of KITS, expressed his delight in seeing all the entrepreneurs and dignitaries present on the dais. He highlighted the immense potential for the future of Karnataka and beyond. Since its inception in 2016, the Department of E, IT and Bt has disbursed ₹224 crore to 983 startups through Elevate initiative, with 24% of them being women entrepreneurs and 34% located in tier 2 cities. He also extended his gratitude to all the juries and K-tech partners for their mentorship and support to the startups. #elevatewinners #bengaluruinnovation #startupindia #entrepreneurship #karnatakatech #womeninbusiness #innovation #startupfunding #futureofkarnataka #mentorship #startupsupport 3one4 Capital
As we stride confidently towards India's vision of becoming a developed nation by 2047, it is crucial to recognize and continue Bengaluru's pivotal role in this journey. We are delighted to share the Bengaluru Innovation Report 2024, a comprehensive report curated by 3one4 Capital and Karnataka Digital Economy Mission (KDEM), under the guidance of the startup vision group. This report was released by Sri Priyank M Kharge, Hon'ble Minister of IT, BT, Rural Development, and Panchayat Raj, Govt. of Karnataka This report highlights: 🔹 Bengaluru as the Urban Innovation Hub 🔹 The strength of our digitally savvy population 🔹 Our position as the GCC Capital of the World 🔹 Initiatives empowering women entrepreneurs 🔹 Our thriving startup ecosystem, boasting over 45 unicorns Special emphasis is given to the Beyond Bengaluru mission, fostering growth in clusters like Mysuru, Mangaluru, and Hubballi-Dharwad-Belagavi, ensuring inclusive and sustainable development across Karnataka. We invite all stakeholders and partners in progress to read the report and join us in this vision for a digitally empowered Karnataka! To download the report, scan the QR code or visit www.karnatakadigital.in For more information, reach out to our Innovation and Startup team - Siddhartha Anand | Tarun Raj ([email protected]) | Vakya Accamma #Innovation #DigitalEconomy #Bengaluru #Startups #Karnataka #KDEM #BeyondBengaluru