The 2nd edition of the Startup India Global Venture Capital Summit, organised by the Department for Promotion of Industry and Internal Trade (DPIIT), in partnership with Govt of Goa, was held in Goa, from December 6-7, 2019. The summit was organised for fund managers and limited partners of top global venture capital firms. The theme for the 2019 summit was “India Opportunity – Investing in tomorrow together”.
Focus: The focus of the Summit was to mobilize global capital for innovation in India and the key objectives of the summit were showcasing of India’s opportunity in the sectors of E-Mobility, FinTech, MedTech, Enterprise Software, EdTech, Genomics and Life sciences.
Key Points:
i.The 2nd edition of the summit also aimed to understand the best practices for venture capital industry, identify issues faced by them for investments in India, and evaluate ways to address them.
ii.Topics on issues faced by the investor community, ways to increase the capital inflow, fostering ease of doing business were discussed in the summit.
iii.Participants: Over 350 representatives of leading Global venture capital firms, family offices, high-network individuals, top Corporates, officials from govt. of India and select innovative Startups participated in the summit.
iv.The 1st edition was conducted in the year 2018 in Goa.
About Goa:
Capital- Panaji (Executive Branch).
Governor- Satya Pal Malik.
Chief Minister(CM)- Pramod Sawant.
Deputy CM- Chandrakant Kavlekar, Manohar Trimbak Ajgaonkar.
