Karnataka to host Global Startup-VC Connect at Bengaluru Tech Summit 2024

The Department of Electronics, IT, Bt, Government of Karnataka, is hosting "Venture Capital Connect," a three-day program aimed at linking startups with investors as part of Bengaluru Tech Summit 2024 (BTS2024) from November 19-21. The event is set to attract over 50 prominent global investors, including family offices, angel investors, and venture capital firms, with a combined potential investment pool exceeding $17.5 billion.

Over 322 diverse startups have registered for the programme, including 118 with patent applications. The lineup features 23 startups in the ideation stage, 142 in early traction, 75 in concept validation, and 82 in the growth stage. These startups will showcase their innovations to top investors, gaining insights and mentorship to scale their businesses. Investors will have exclusive access to a strong pipeline of innovative, high-growth startups across multiple technology sectors.

This programme is strongly focused on catalyzing growth specifically for Karnataka-based startups and has support from leading investment associations and registered VC networks in India. This initiative aligns with the state’s commitment to fostering innovation, providing Karnataka-based startups with an opportunity to access substantial capital and mentorship.

Priyank Kharge, Minister for Information Technology & Biotechnology and Rural Development & Panchayat Raj, Govt. of Karnataka, said, “Karnataka has always been at the forefront of innovation, and with BTS 2024, we are amplifying this momentum by creating a direct bridge between our startups and global investors. This programme is more than a funding opportunity, it is a strategic investment in the future of Karnataka’s entrepreneurs, who are shaping tomorrow’s technology landscape.”