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.
Demonstrates a culture of co-sharing and learning growth loops and exchanging knowledge within countries which have gone through scale journey and in relatively similar context.
I came expecting to build a portfolio of 25-30 companies in Africa over the next 10 years. I leave with a clear vision to build a portfolio of over 100+.
India can truly share a lot of lessons for homegrown venture capital ecosystems.
I have never been to a conference where the room is never empty and everyone keeps coming back.
Every session has been a full house ! Absolutely awesome !!