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ET Soonicorns Summit 2023: Key highlights of ‘ET 50 Future Unicorns of Karnataka’ and ‘ET 50 Emerging Maritime Startups of India’ reports launched at the Bengaluru edition

The Bengaluru edition of the ET Soonicorns Summit 2023 brought together visionary leaders, entrepreneurs, investors, and stakeholders united by a shared mission: shaping India’s technological future. The summit also featured the launch of two thematic reports: ‘ET 50 Emerging Maritime Startups of India’ and ‘ET 50 Future Unicorns of Karnataka,’ spotlighting upcoming unicorns from diverse sectors.

During the event, Mohandas Pai, Chairman of Aarin Capital and Manipal Global Education, Governing Council Member of CAFRAL and Member of the Board of Governors of NIIF, along with Purushottam Kaushik, Head of the Centre for Fourth Industrial Revolution – India at the World Economic Forum, and Rajat Tandon, President of IVCA, joined Archana Rai, Editor – South at the Economic Times, to unveil the ‘ET 50 Emerging Maritime Startups of India Report.’ This report showcased startups leading the digital transformation of the maritime industry.

Priyank Kharge, Minister for Information Technology (IT), Bio-Technology (BT), and Rural Development & Panchayat Raj, Government of Karnataka, along with ET editors led by Archana Rai, Editor – South at the Economic Times, released the ‘ET Future Unicorns of Karnataka report.’ This report further enriched the summit’s discussions and insights.

ET 50 Future Unicorns of Karnataka Report

ET Special

ET 50 Future Unicorns of Karnataka Report – Now

The ‘ET 50 Future Unicorns of Karnataka report’ highlights the thriving startup ecosystem in Bengaluru — often referred to as the Silicon Valley of India — and the ‘Beyond Bengaluru’ sector in the state of Karnataka, which is driving India’s economic growth. With over 92,000 startups recognized by DPIIT, India has become a global innovation hub, and this report, created in collaboration with Tracxn, spotlights high-growth startups set to propel the nation’s economy.

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By analysing the top soonicorns based on funding, valuation, key sectors, investors, and
related criteria, the report provides a clear snapshot of the startups and sectors gaining significant investor attention and investment. It also highlights those demonstrating scale, impact, and value creation. Notably, these 50 startups collectively boast a valuation exceeding $22.6 billion, with a focus on funding, sectors, and investor attention. Some have achieved profitability, emphasising innovation and sustainable practices. The report also celebrates diversity, particularly by focusing on female-led startups, promoting inclusivity. Projecting its influence beyond Karnataka, the report offers insights into India’s evolving tech landscape, aligning with India’s vision of becoming a developed nation by 2047.

ET 50 Emerging Maritime Startups Report

ET 50 Emerging Maritime Startups ReportET Special

ET 50 Emerging Maritime Startups Report – Now

The ‘ET 50 Emerging Maritime Startups of India’ report underscores the pivotal role of the maritime sector in India’s economy, connecting the nation to the world through ports, shipping, and waterways.This report, produced by The Economic Times in collaboration with Tracxn, delves into how startups are driving a digital transformation in this legacy industry. It further highlights the tides of change unfolding within the Indian maritime domain, where innovative startups are paving the path for transformation to enable the sector to adapt to a fast-paced, technologically-powered future.

India’s maritime sector is central to the nation’s economy, spanning ports, shipping, and waterways that link it globally. With a coastline extending over 7,500 kilometres and maritime trade constituting roughly 95% of India’s total trade volume, its significance is undeniable. In the digital age, this legacy is morphing into a dynamic, technologically-driven industry through the symbiotic interaction of startups and digitization.

India’s maritime ecosystem, including major ports such as Mumbai’s Jawaharlal Nehru Port, plays a vital role in this transformation. Startups are at the forefront, leveraging technology to boost efficiency and sustainability while reducing costs. With the maritime sector’s substantial contribution to India’s Gross Domestic Product (GDP), this report illuminates the potential of startups in shaping the sector’s future, aligning with India’s vision of becoming a global economic hub.

ET Soonicorns Summit 2023 Delhi-NCR: Report Launch
The ET Soonicorns Summit 2023 in Delhi-NCR is all set to introduce the ‘ET Future Unicorns of Delhi-NCR’ report. This report launch signifies a pivotal moment in India’s startup journey, shedding light on the innovative and ambitious ventures that are on the cusp of becoming the next unicorns, driving India’s technological and economic growth. ShowcasingIt’s a testament to the the spirit of entrepreneurship and innovation in that defines the Delhi-NCR region and highlighting, showcasing its potential to shape the future of the Indian startup ecosystem, this report will shine the spotlight on key industries, sectors and startups primed for success in the Delhi-NCR region. Just as the Bengaluru edition illuminated the path forward for Karnataka’s soon-to-be unicorns, this report launch will inspire and guide the next generation of visionary entrepreneurs and investors, cementing Delhi-NCR’s position as a thriving hub for innovation and growth.

Register now to be a part of the ET Soonicorns Summit 2023 event in Delhi-NCR on November 3, 2023.

For more information and to submit your entries, visit the ET Soonicorns Summit website.

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