KDEMs Quartely Newsletter
Message from our Leaders
B V Naidu
Chairman, KDEM
I am delighted to welcome you to the first newsletter of the Karnataka Digital Economy Mission. As the Chairman of the mission, I am honoured to be a part of this exciting initiative by Government of Karnataka which is “By the Industry and For the Industry” that aims to accelerate the growth of the digital economy in our state. As we embark on this journey, our mission is to create a vibrant digital ecosystem that fosters innovation, entrepreneurship, and talent creation. Here, we wish to stay connected with all of you, present our actions and initiatives plus I take this opportunity to invite you all to join hand in this ambitious mission as we have a long way to go, but I am confident that with the support of all stakeholders, we can achieve our vision of a thriving digital economy in Karnataka.
Sanjeev Gupta
CEO, KDEM
I am thrilled to welcome you to the first newsletter of the Karnataka Digital Economy Mission. As the CEO of the mission, it is my pleasure to introduce you to our vision and objectives as we embark on this exciting journey. Our mission is to catalyze the growth of the digital economy in Karnataka by promoting innovation, entrepreneurship, and digital transformation. Through this mission with the support of industry and governments we aim to generate a tremendous opportunity to create jobs, boost economic growth, and improve the talent availability for the companies.
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GCCs
Objectives
Events
US Roadshow
KDEM organized a series of roadshows in US to attract GCC investments in Karnataka. KDEM in partnership with Mikro Grafeio, held the roadshow in 5 different cities in US
- Princeton, NJ - April 23, 2023
- Atlanta, GA - April 27, 2023
- Milpitas, CA - May 2, 2023
- Boston, MA - April 25,2023
- Dallas, TX - April 29 leading to TiECon 2023 in Santa Clara, CA on May 3 – 5, 2023
To know more about the event
Beyond Bengaluru
The Beyond Bengaluru Mission initiated by Government of Karnataka and anchored by KDEM is spearheading the objective of proliferating the growth of digital economy in clusters Beyond Bengaluru in line with the Hon’ble PM vision of. Uniform growth across the country. The Objective is to achieve USD 10B export of IT Services by 2030.
Beyond Bengaluru is a separate mission of KDEM wherein KDEM is focusing on creating a uniform growth story in the State, for which we have identified the 6 emerging tech clusters
Mysuru
Mangaluru
Hubballi-Dharwad-Belagavi
and the upcoming 3 new clusters at
- Shivamogga
- Kalaburagi
- Tumakuru
Under this mission, local industry champions take ownership of driving the mission objectives so these local industry players and their partnerships with big companies play an important role in determining the strategy of that region. One such example is the Spoke-shore Strategy where a hub of a company can be anywhere, but the spoke can be in the Clusters. KDEM is also in a mission to accelerate startups for which we are setting up a center of excellence and creating sector-specific edge in these clusters –
Mysuru – Cyber security edge, Metaverse
Mangaluru – Fintech edge, Healthtech edge and AVGC edge
Hubballi-Dharwad-Bellagavi – AI hub, Agritech, Drone and EV Design and Manufacturing.
These edges create a talent supply for the region, attract businesses to set up business operations, and paves the way for inviting a lot of start-ups to develop products and various innovative service models on these technologies. In addition to this, KDEM is driving Govt of Karnataka’s initiative of setting up the Beyond Bengaluru cluster seed fund of Rs. INR 25 Crores in each of these 3 clusters and to boost the startups of these clusters, Karnataka Acceleration Network is set up.
Beyond Bengaluru Startup Grid
The Beyond Bengaluru Startup Grid is a strategic initiative by the Karnataka Government to create a thriving startup ecosystem in the state’s clusters. It aims to identify and promote innovative startups in various sectors and geographies, with a focus on Mysuru, Mangaluru, and Hubballi-Dharwad-Belagavi clusters. It also aims to promote collaboration among startups, academia, and industry, with the goal of fostering innovation and entrepreneurship across the state.
On 19th April 2023 announcement of formation of TiE Mangaluru
Announcement of formation of TiE Mangaluru – a collective effort of TiE Bengaluru and KDEM. Mukesh, Manguluru Cluster head and Suvin Narayan, Beyond Bengaluru Program Manager from KDEM took part in the announcement.
Events
US Roadshow
KDEM organized a series of roadshows in US to attract GCC investments in Karnataka. KDEM in partnership with Mikro Grafeio, held the roadshow in 5 different cities in US
- Princeton, NJ - April 23, 2023
- Atlanta, GA - April 27, 2023
- Milpitas, CA - May 2, 2023
- Boston, MA - April 25,2023
- Dallas, TX - April 29 leading to TiECon 2023 in Santa Clara, CA on May 3 – 5, 2023
To know more about the event
The Beyond Bengaluru Startup Grid is a strategic initiative by the Karnataka Government to create a thriving startup ecosystem in the state’s clusters. It aims to identify and promote innovative startups in various sectors and geographies, with a focus on Mysuru, Mangaluru, and Hubballi-Dharwad-Belagavi clusters. It also aims to promote collaboration among startups, academia, and industry, with the goal of fostering innovation and entrepreneurship across the state
On 14th & 15th April 2023, KDEM participated at the TiE Mysuru annual conclave.
Mr. Prashanth Prakash addressed the crowd about the startups that have scaled up in Bangalore and what Mysore can do in the startup space to get on par with the capital city.....
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