Dubai Startup Hub Chases Indian Startups To Participate In Dubai Technology Tour

Dubai Startup Hub was set up in 2016 by Dubai Chamber and it is the first initiative of its sort in the Middle East and North Africa area. The hub emphasizes the value of public and private sector collaboration and urges development and business entrepreneurship to drive the economy of Dubai and the UAE. 

Indian entrepreneurs enthused about joining the tour have time till August 5 to enlist their interest online. The virtual trade mission that gives 15 promising Indian fintech and medicinal services startups a chance to pitch their imaginative business ideas is scheduled for September second week. 

Dubai has been putting forth significant attempts to attract strong interest and investment from startups in India since its key choice to change itself into an information-based innovation hub. In certification of its withstanding enthusiasm for Indian new companies, Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has now launched the first-ever Dubai Technology Tour. 

The virtual exchange crucial for September second week means to drive joint effort between the UAE and India in the areas of fintech and healthcare facilities. An official statement given by the Dubai Chamber stated Dubai Technology Tour sorted out in an organization with Startup India and Mumbai Fintech Hub will acquaint delegates with Dubai’s economy and business condition. 

As a component of this new activity, 15 promising Indian financial and healthcare innovation startups will get a chance to pitch their creative business ideas to financial specialists, corporates, and fellow peer founders in the UAE and take an interest in the business matchmaking meetings sorted out by the Dubai Chamber. Dubai Chamber added, “It will likewise feature the competitive advantages that the emirate offers startups and scale-ups specializing in advanced innovations,”. The new activity, the chamber authorities stated, positions Dubai as the favored hub for Indian business visionaries who carry inventive business ideas to the market. Dubai Technology Tour however is a fintech and healthcare-specific Dubai has been vocal about attracting Indian startup ability in zones ranging from agro to manufacturing, education to full tech turnkey arrangements, and artificial intelligence to analytics.

The Technology Tour, interestingly, follows Dubai Startup Hub’s Roadshow a year ago to New Delhi and Bangalore. The roadshow organized in 2019 in participation with Dubai Technology Entrepreneur Campus (DTEC), the largest hub of its kind in the region and completely owned by Dubai Silicon Oasis Authority (DSOA), as a part of the opposition, had chosen two Indian new businesses and granted them office space at DTEC. 

Omar Khan, the Director, International Offices at Dubai Chamber, says the thought is to pave the way for new organizations that foster advancement, make mutual benefits, and drive financial development in Dubai and India. “The time is great and India is vibrant and young and we feel India can assist us with adapting to different difficulties as its young entrepreneurs are problem solvers,” he opined. 

As indicated by Omar Khan, Indians structure 30 percent of the startup network and it is clear that Dubai wants to attract more startup talent from India. It was for this reason and to be in contact with the developing Indian businesspeople, Indian SMEs, and Indian organizations looking at a global extension that Dubai Chamber opened an office in Mumbai a year ago. 

Dubai Technology Tour is a useful opportunity for high-potential Indian ventures and scaleups that bring to table cutting edge solutions, supporting Dubai’s development strategy and progress to an information-based economy.