Kolkata-based Real Estate Developer Ambuja Neotia Reaches Out to Israeli Startups
The real-estate company calls Israeli startups seeking to get a foothold in the Indian market to join its incubation program
15:4414.08.17
Kolkata-based real estate developer Ambuja Neotia Group extends an offer to Israeli startups to join its incubation program as a way to enter the Indian market.
Ambuja Neotia chairman Harshavardhan Neotia
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Called Neotechub, the incubator, located in Kolkata, offers startups funding and support services. It focuses on companies operating in domains including healthcare, education, hospitality, and real-estate.
Ambuja Neotia chairman Harshavardhan Neotia
Aimed to encourage entrepreneurship in East India and West Bengal, the program is already underway, with a batch of ten India-based startups.
Looking forward, the program invites non-Indian startups to apply for membership.
Harshavardhan Neotia, the group’s chairman and a member of the incubator’s management team, is Israel’s honorary consul in West Bengal.
The program “offers a vigorous, innovative environment where entrepreneurs, investors, mentors, policy makers, corporations, and companies can meet and collaborate,” said Sanjay Sarda a member of the incubator's management team, in a press release.
Mr. Sarda said the program aims to strengthen its ties with Israeli startups. “We believe that East India, and particularly West Bengal, are at a turning point, creating a magnitude of unique opportunities,” he said.
