Karnataka All Set to Fund Eight Tourism-Oriented Startups

Image- newsx.com

Image- newsx.com

28 September 2016, India :

This World Tourism Day might be different than last year for India as the Karnataka startup Cell, KBITS, Department of IT and BT in association with the Karnataka Tourism Department (KTD) conducted an open challenge to crowd-source innovative solutions and products from startups working in the area of Tourism.

ITBT & Tourism minister Priyank Kharge told ET that the open challenge received tremendous response from 127 startups. “This is a first of its kind initiative in the country and a great opportunity for startups to showcase their technology solutions. I hope we can adopt a few ideas to make tourism sector future-ready , and improve tourist experiences in Karnataka as well as Bengaluru.”

The Tourism department has announced varied sums of assistance totaling to about Rs 2 crore to the chosen startups to work on their idea.

A total of 127 online registrations were received from various startups by the end of 22nd which was the last date to register. An initial screening was done by KBITS Team to identify and screen the startup registration to the first round of pitching based on various parameters. A total of eight startups were selected after the final round of pitching for funding and support from KTD reported The Hindu.

Also read-
WALMART MIGHT INVEST IN FLIPKART TO POWER UP AGAINST AMAZON
FORMER CMO AT HOUSING.COM INVESTS IN CANVS
GOOGLE TO LAUNCH YOUTUBE GO EXCLUSIVELY IN INDIA

 

Send this to friend