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India's entrepreneurial landscape is thriving with a vibrant startup ecosystem. With a staggering count of 57,000 startups, India ranks as the third-largest startup hub globally. These startups have garnered a cumulative valuation of $450 billion.
IAEF aspires to become the go-to platform that connects entrepreneurs and investors actively involved in the startup space in both India-Africa. These dynamic ecosystems and subsystems have much in common, and much to gain from interacting.
The startup ecosystem in Africa has witnessed impressive growth. In 2022, Africa saw over 650 startups receive a total funding of $5.2 billion, reflecting a remarkable 1700 percent increase since 2015. This surge in funding has propelled the combined valuation of approximately 900 startups to reach around $50 billion.
Within a short period of founding, the India Africa Entrepreneurship Forum has evolved into a community of trusted individuals who aspire to shape the future of India-Africa economic corridor.
Our periodic meetings and exchanges have resulted in cross border investments, joint ventures, strategic partnerships, mergers and acquisitions, CXO hirings and outsourcing agreements. Our Events are open, informal and therefore deeply connecting.
They forge long term relationships and encourage personal bonding.
As we look forward, we aim to expand our presence in all major clusters of economic activity across Africa – serving startups and established businesses alike.
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