Korea SMEs, Startups Agency cooperates with India's IIT

The S.Korean agency signed agreement with IIT's Technology Transfer Foundation for domestic SMEs to advance into India

Korea SMEs and Startups Agency
Korea SMEs and Startups Agency
Hyung-Chang Choi 1
2023-02-28 10:39:56 calling@hankyung.com
Korean startups

The Korea SMEs and Startups Agency announced on Monday that it had signed a business agreement with the Foundation for Innovation and Technology Transfer (FITT) at the Indian Institutes of Technology in New Delhi, India, to support small- and medium-sized South Korean enterprises in entering the Indian market.

As a result of this agreement, the agency and FITT will collaborate on joint projects to assist startups and small- and medium-sized companies in penetrating the local market.

The Indian Institutes of Technology, founded in 1961, is a national university system that focuses on engineering and technology education. Some of its graduates have gone on to found unicorn companies, such as Flipkart and Meesho, and its alumni also include Sundar Pichai, the CEO of Google.

Write to Hyung-Chang Choi at calling@hankyung.com

South Korean firms bullish on hiring developers from India, SE Asia 

South Korean firms bullish on hiring developers from India, SE Asia 

Tridge, an agro and livestock products trading platform operator in South Korea, has hired a number of non-Korean developers in recent years (Courtesy of Tridge) Travel startup Storicity Inc. tried for a year to find a developer in South Korea – to no avail.But when it expanded its search

KB to raise $150 mn India, SE Asia-focused VC fund

KB to raise $150 mn India, SE Asia-focused VC fund

KB's first global fund’s assets under management swelled by 50% to $240 million (Source: Getty Images Bank) KB Investment Co., a venture capital arm of KB Financial Group, is seeking to raise more than 200 billion won ($150 million) in its second global fund, targeting startups in India a

Indian startups: Korean VCs' new target after China

Indian startups: Korean VCs' new target after China

India's Ganesh Festival (Photo: Getty Images Bank) South Korean venture capital firms and online giants are flocking to startups in India, a country with the world's second-largest population and lower regulatory risk than China. Krafton Inc., backed by China's internet giant Tencent Holdings I

(* comment hide *}