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IIT Kanpur Hosts ASEAN-India Start-Up Festival 2024: Key Highlights of the Event

The Indian Institute of Technology, Kanpur hosted the ASEAN-India Start-Up Festival 2024 recently which is a prestigious event aiming at strengthening collaboration between ASEAN nations and India in the fields of innovation, entrepreneurship, and technology. The festival serves as a platform to foster cross-border synergies, showcase cutting-edge start-up ideas, and explore investment opportunities.

This event has witnessed participation from over 500 start-ups, investors and policymakers representing diverse industries like artificial intelligence, biotechnology, clean energy, fintech, and agritech. The festival has featured key sessions covering panel discussions, workshops, and hackathons which are designed to facilitate knowledge sharing and innovation.

One of the most important highlights was the Start-Up Pitch Competition in which entrepreneurs presented innovative solutions to critical global challenges. Promising ventures received awards and funding opportunities, with a special focus on promoting sustainability and social impact.

Another most important significant segment of the festival was the ASEAN-India Innovation Exchange, which works to foster bilateral collaborations between start-ups, incubators, and research institutions. In addition to this, an Exhibition Zone has allowed participating start-ups to showcase their products and services to investors, industry leaders, and the general public.

Key dignitaries, which included ministers from ASEAN countries and Indian government representatives, have emphasized the importance of the ASEAN-India partnership in nurturing a robust entrepreneurial ecosystem. IIT Kanpur is known for its focus on innovation by providing a fitting venue for the event, reinforcing its role as a hub for technological advancements and start-up incubation.

The ASEAN-India Start-Up Festival 2024 has concluded on a high note, with several collaborations that have been announced and a renewed commitment to fostering innovation-led growth across the region. The festival has demonstrated the potential of start-ups by addressing shared challenges and driving economic growth.

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