Dubai Silicon Oasis, India Innovation Hub team up to foster startups

By Amirtha P S, Desk Reporter
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Dubai Silicon Oasis
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Dubai Silicon Oasis (DSO), the integrated free zone technology park, has collaborated with India Innovation Hub at the India Pavilion in Expo 2020 Dubai to support the startups in the region.

Last day, Dr. Juma Al Matrooshi, Director General of DSO welcomed Dr. Aman Puri, Consul General of India in Dubai and Deputy Commissioner-General at Expo 2020 Dubai, in the presence of Mr. Siddhartha Baraily, Consul and Head of Chancery, and Mr. Ghanim Al Falasi, Senior Vice President of Technology and Entrepreneurship at DSO.

Dr. Puri also toured the Dubai Technology Entrepreneur Campus (Dtec) and looked into the partnership opportunities between DSO, Dtec, and India Innovation Hub. The delegation included six Indian startups with a focus on travel and tourism, presenting their ideas to be incubated at DSO.

Dr. Juma Al Matrooshi
Dr. Juma Al Matrooshi Director General

“UAE and India share deeply rooted bilateral relations and have been key trading partners for centuries. In the last few weeks of 2021, both nations concluded negotiations for a bilateral trade agreement that aims to boost non-oil trade to at least $100 billion over the next five years. In contribution to this ambitious plan, we aim to be a key enabler and incubator for startups and entrepreneurs, from all over the world, looking to expand into the region.”

For his part, Dr. Puri remarked that “The Government of India and the UAE are committed to working together to foster innovation between the two countries and contribute towards a sustainable world. India has emerged as an innovation hub with the world’s third-largest startup ecosystem with 42 Indian startups joining the Unicorn Club in 2021. The UAE is a global hub for expats and global businesses, which provides immense business opportunities for Indian talent.” 

India Innovation Hub in the Expo 2020 Dubai has featured more than 190 Indian startups. The Elevate pitching series and interactions with prestigious organizations such as DSO, Dtec, TiE Dubai among others, provided excellent opportunities for the Indian innovators to interact with investors and global counterparts for further networking and partnership.

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