India has jumped 16 ranks to settle at the 39th spot on the global competitiveness index prepared by the World Economic Forum, which lists 138 countries. This sprint was not possible without Karnataka’s start-ups being funded and supported by the Karnataka government as a matter of policy. Karnataka funds around 100 startups every year under the Idea2POC Startup Policy.
Lately, the Karnataka Startup Cell has funded Rs 2 crore in eight startups to mark the world tourism day. AAO Hostel, Highway Delite, Highir Technologies, Digitour Technologies, Aseuro Technology, Trip Diary, Moving up Products and Trip on Food. These startups were selected after inviting proposals from early stage startups for innovative solutions and products.
Priyank Kharge, minister of IT & BT, Tourism, Government of Karnataka, said, “This is a first of its kind initiative in the country and it is a great opportunity for startups in tourism sector to showcase their technology solutions and pitch to the government and a panel of industry experts directly on the occasion of World Tourism Day.”