StartupBridge India To Showcase Top SaaS Companies
Stanford, CA (PRWEB) November 30, 2016 -- StartupBridge India, a conference bringing top business software startups from India to the US, will take place on Friday, December 2, at Stanford University. The event is organized by TiE Silicon Valley, iSPIRT, and Stanford Center for International Development (SCID), and aims to foster cross-border partnership and potential strategic opportunities.
StartupBridge India aims to raise awareness among senior executives of large US companies about India’s growing presence as a hub for B2B technology companies. The conference is designed to be a symbolic and relationship-building bridge between top Indian SaaS and deep tech startups and US companies, to forge long-term relationships.
The event will feature over 30 top Indian startups providing Software as a Service (SaaS) products at a global scale. This curated selection includes a variety of organizations, including those with deep technology focus and companies that are leaders in their respective categories. Each company has received expert coaching from over 40 TiE and iSPIRT mentors on how to present to strategic partners in the US.
“Unlike other events, in which the intent is to expose Indian founders to US culture, StartupBridge India seeks to directly foster dealmaking between top software product companies from India and Fortune 500 companies in the US,” said Manu Rekhi, Managing Director at Inventus Capital Partners. “Our success will be measured in the number of partnerships struck in the months following the event.”
Signal Hill and iSPIRIT will be releasing the 2016 edition of the Technology Product M&A Industry Monitor at StartupBridge India. This report reveals that India is in the midst of a funding boom during 2014 & 2015 with over $10 billion invested in consumer tech and ecommerce companies. “With an increasing number of companies that received funding during the 2014 & 2015 funding boom achieving scale during the next couple of years, we expect Product Tech M&A levels in particular across mid-size and large transactions to pick-up multi-fold from here,” stated Klaas Oskam, Managing Director of Signal Hill India.
“Tech Product M&A in India is on the rise with both US & Asian strategists starting to dip their toes in the water. Due to the increasing pace of innovation and scale of the Indian Product Tech eco-system, I expect this trend to continue into 2017. As the ecosystem starts to mature besides the already prevalent smaller or acquire type of transactions, I expect to see a distinct increase in mid-size & larger M&A transactions; fueling a further pick-up in the pace of innovation," Neeraj Arora, Product Nation Evangelist, iSPIRT and Chief Business Operator, WhatsApp.
India has rapidly emerged to follow China as the world’s second largest Internet market. Attendees will have the opportunity to learn from experienced entrepreneurs about the opportunities, pitfalls and workarounds of fostering dealmaking and partnerships in India.
“India’s B2B technology market is exploding — and is on pace to be over $10 billion annually by 2025,” said M Thiyagarajan (Rajan), CoFounder & iSPIRT fellow, a leading think tank of Software Products Industry in India. “Thanks to improved policies, it’s now getting easier for US companies to do business in India. We’re excited to facilitate conversations amongst top Indian entrepreneurs and American executives. We hope to share insights and strategies from successful cross-border partnerships, acquisitions and investments.”
“Our mentorship in this conference is about paying it forward, and helping to shape and build long-term relationships between SaaS and deep tech Indian startups and US companies, with an eye towards lasting partnerships,” added Venktesh Shukla, President and Chairman of TiE Global.
Confirmed corporate attendees include GE, Salesforce, Citrix, VMWare, Dropbox, CA, Facebook, Google, Microsoft, Cisco, Intel, and Samsung and many more. For more information, please visit: http://startupbridgeindia.com.
About
iSPIRT is a non profit think tank that builds public goods for Indian product startups to thrive and grow. iSPIRT aims to do for Indian startups what DARPA or Stanford did in Silicon Valley. iSPIRT builds four types of public goods - technology building blocks (aka India Stack), startup friendly policies, market access programs like M&A Connect and Playbooks that codify scarce tacit knowledge for product entrepreneurs.
TiE Silicon Valley is a nonprofit association dedicated to fostering entrepreneurship in the Bay Area as well as globally. TiE strives to inspire entrepreneurs through mentoring, networking, education, incubating, and funding programs and activities. With nearly 50 events held each year, TiE brings together the entrepreneurial community to learn from local leaders as well as each other. Events include the popular My Story series, in which an entrepreneur tells his or her story, classes, and regular monthly events covering topics such as Big Data, Internet of Things, healthcare, leadership, and more. TiE’s biggest event each year is TiEcon, which is held in the spring at the Santa Clara Convention Center.
The Stanford Center for International Development (SCID) is a non-partisan center within the Stanford Institute for Economic Policy Research (SIEPR). SCID seeks to catalyze, support, and disseminate cutting-edge research on international economic development and public policy and promote exchange and collaboration between Stanford’s faculty and students and foreign academics, policymakers, and international development professionals.
Signal Hill, named 2015 Boutique Technology Investment Bank of the Year by the Global M&A Network, is a leading independent advisory boutique serving the M&A and private capital raising needs of growth companies. Signal Hill's experienced bankers provide deep domain expertise and an unyielding commitment to clients in our sectors: Internet & Digital Media, Internet Infrastructure, Services and Software. With more than 600 completed transactions and offices in Baltimore, Bangalore, Boston, Mumbai, Nashville, New York, Reston and San Francisco, Signal Hill leverages deep strategic industry and financial sponsor relationships to help our clients achieve Greater Outcomes®. For more information visit http://www.signalhill.com.
Rita Tennyson, Pulp-PR LLC, +1 (310) 779-9747, [email protected]
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