Question: Name the place where India-Korea Startup Hub Launched by Prime Minister Narendra Modi recently?
(a) Seoul
(b) Karachi
(c) Delhi
(d) Colombo
Answer: (a)
Related facts:
- India-Korea Startup hub has been launched by Indian Prime Minister Narendra Modi in Seoul.
- This startup hub will serve as one-stop platform to bring Indian and Korean startup ecosystems closer and to facilitate joint innovation between the two economies.
- A joint statement was signed between The Korea Trade-Investment Promotion Agency (KOTRA) and Invest India on 9th July 2018.
- Startup Grand Challenge was also launched on the India-Korea Startup Hub; this challenge is focused on the issues related to cyber threat, analytics & rural healthcare.
- The State Bank of India & Mahindra Rise will provide mentoring, pilot opportunities & financial support to the winners of this challenge.
- Moreover, South Korea stands 12th on Global Innovation Index. Earlier in 2018, the country has attracted $3.3 billion venture funding in 1,400 odd startups.
Abhinav Mishra
Links:
https://inc42.com/buzz/india-korea-startup-hub-launched-under-startup-india-banner/