First India-Israel Innovation Centre

First India

Question: In which of the following city first India-Israel Innovation Centre (IIIC), an entrepreneurial technology hub was launched?
(a)Bengaluru
(b)New Delhi
(c)Chennai
(d)Pune
Answer: (a)
Related facts:

  • On 10th October 2018; the country’s first India-Israel Innovation Centre (IIIC), an entrepreneurial technology hub, was launched in Bengaluru.
  • The IIIC was launched by Ramanan Ramanathan, Mission Director, Atal Innovation Mission, Ariel Seidman, Deputy Consul-General of Israel, Moshe Porat, Founder and CEO, Mesh Labs, and Varad Krishna, Founding Partner of IIIC.




  • The IIIC is a significant step towards facilitating penetration of Israeli companies in India. It aims to forge local partnerships and joint ventures between the companies of India and Israel.
  • It will provide an ecosystem to support entrepreneurship, a partnership with vendors, mentoring and non-formal community development.




  • In this way, it will assist the growth of the companies in different verticals and covers business, technology, investors and customers.
  • Start-ups that are part of IIIC will be given mentorship, guidance and opportunities to participate at all IIIC’s global events and experience networking avenues with potential customers.

Links:

https://www.thehindubusinessline.com/news/national/india-israel-innovation-centre-opens-in-bengaluru/article25187261.ece

https://www.communicationstoday.co.in/first-india-israel-innovation-centre-opens-in-bengaluru/

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