iCreate has been investing in providing global access to startups at various stages. The continued strategic partnership with global startups will positively influence the country’s innovators to start addressing India’s larger challenges and create an innovative implementation system. During the program, Israeli start-ups offering innovative solutions in the areas of electric powertrain, water desalination, laboratory analytical instruments, AI/ML based solutions for driver safety and data centre management, would be provided a comprehensive understanding of the Indian ecosystem through group mentoring sessions, workshops and 1-1 interactions with the subject matter experts, successful Indian entrepreneurs, government functionaries and business leaders. This will enable them to work on the product-market fit and localize their business model for Indian customers.
Every company strives for new opportunities of growth. Many times, the competitive edge and growth comes from expanding business in other geographies. Such International expansion is all about pushing out of your comfort zone, be it meeting new people, culture, and even a different business model! But the journey is easier when you walk the path with someone who has done this before.
India Israel Innovation Accelerator (i3A), conceptualized jointly by SNC, Israel and iCreate, India is a one-of-its-kind bilateral acceleration programme aimed at adaptation of technologies and business models, to create sustainable collaboration between the innovation and start-up ecosystems of the two countries. The program has been designed specifically to match-up the technology providers in Israel with the requirements of Indian Corporations and provide them with mentorship and know-how on development of business plans for India.
Over six weeks, the first cohort of i3A prepared the participating Israeli innovators for the challenges and opportunities offered by the Indian market. This resulted in an average of 5 Indian Corporate connections getting established per Israel team, and a total of 20 meetings to explore synergies between them. At the conclusion of this program, four of the Israeli companies have signed NDAs and reached an advanced stage of signing a commercial agreement with the Indian partners.
During the program, tech companies from Israel would be provided mentoring by Subject Matter Experts, 1-0-1 discussion with prospective partners in India and participation in roundtables, thematic workshops and opportunities to develop their business network. These interactions with our team of mentors and the industry experts are aimed at providing an increased understanding of how to run a business effectively in India. From reassessing your value proposition, to identifying the target market, determining the product market fit, and refining the business model specifically for the Indian market, iCreate will walk every step of the journey with the participating teams.
The participating teams would also be provided support to research the Indian markets and apply their learnings from the program to develop their business plan for India.
Along the way, iCreate will provide them with an opportunity to showcase their technologies to stakeholders from Corporate, Government and potential Investors, thus garnering interest from them. The program culminates with a demo day wherein the start-ups will have the opportunity to pitch their offering to Indian Corporates for possible commercialization.
The program offers Israeli innovators a trustworthy means to explore the challenges and opportunities offered by the Indian market. With personalised attention and deep local insights, mentors from iCreate and SNC help the participants understand Indian culture, get clarity on their product-market fit, and identify the right partners for collaboration.
At iCreate, we recognise how important good mentors are to guiding, challenging, motivating startups in translating their dreams into reality. We assign each startup a mentor or a group of mentors to shape the desired outcome as per a pre-planned schedule. Seasoned and accomplished technical as well as business mentors guide all our projects with a mandate to drive the startup founders towards achieving mutually determined outcomes.
Dr. B. Krishnamurthy has overall experience of 37 years in corporate world. He has worked in Government, Public and Private sectors. He was Global Vice President and Center Head for Wipro Technologies in Hyderabad, managing a business of USD 300 Million. He is a certified Change Management professional. He has designed and delivered engagements involving Strategy formulation, change management & organization development.
Mr Rajiv Bose has over 33 years of global experience working in India, United States and Philippines with P&L management, execution excellence in Operations, Project Management, Business Strategy, Sales, Marketing, and General Management positions. While he has spent over 12 years in the financial services industry, Mr Bose began my career in the office automation business, then the telecom industry and the ITES industry. Rajiv has over 20 years in service operations at strategic, support & operational levels and over 13 year of experience in various areas of marketing, sales and distribution.
Dr. Sanjeev Dixit is loved to be called “IDEAPRENEUR” as he has been growing personally & professionally by creating & executing unconventional and pathbreaking IDEAS. He is a Global HR Leader with more than 23+ years of Strategic Corporate HR & CHRO experience across diversified industries & geographies and achieved Business transformation & growth through Values & Culture alignment & Transformation. He has worked in Himalaya, Dubai, Hindalco, Philips, Indorama Jakarta, PepsiCo, Alstom, ABD in senior HR roles and currently he is Global President- Human Capital Management in Cadila Pharmaceuticals.
Deepak Bagla has a professional career of over three decades, with the World Bank, Citibank, and Private Equity having responsibilities across Europe, Africa and Asia. He is currently the Managing Director and CEO of Invest India, the National Investment Promotion and Facilitation Agency promoted by the Government of India. Invest India is also the execution agency for Start-up India and the Prime Minister’s Science and Technology initiative.
At present Head of Department for International Cooperation (Both Bilateral and Multilateral); Start-ups, Innovation & IPR; Software Industry Promotion; e-Commerce. Experience in evolving policies, strategies and programmes for growth of software Industry including services and products (both domestic and International Trade). Strong background in Policy formation, International negotiations, advocacy (on IP issues, innovation, Cross Border Data Flows, Trade Promotion etc) evolving schemes and programmes for Technology and Innovation management.
Dhinal is a partner of EY’s Indian Member firm. He is a Chartered Accountant and Lawyer by qualification and has more than 25 years of experience in advising clients on taxation, exchange control and regulatory issues. Dhinal has been extensively involved in advising Indian corporate and multinationals on issues relating to double tax treaties (PE exposures, optimizing tax credits etc), due diligence, transfer pricing, foreign tax systems implications, corporate tax and accounting standards including IFRS, Insolvency Professional.
Anirban R Banerjee is the winner of BEST LEARNING LEADER AWARD - National Award for Best in Class Learning and Development in 2017 by World HRD Congress. A prominent Learning & Development Leader who has worked for various MNC’s across India, the award recognizes Anirban’s contribution in the field of enhancement of Quality of Learning& Development. His work on “Coaching Psychology” and Learning Effectiveness” has impacted Quality of Learning and Development interventions.
Twenty five years of experience from Sales, Marketing, Advertising, Technology, Leadership, Bimal Nair is a rare mix of business knowledge & experience that can be insightful and decisive in setting course of action for both brands and businesses.
Changing environment reiterating the need and importance of quick and reliable technology solutions in accordance with local needs.
