GINSERV launches Gincelerator 2.0 with 18 startups

Bengaluru (Karnataka), February 17 (ANI/PRNewswire): India's technology business incubator GINSERV launched Gincelerator 2.0 with 18 startups. Inaugurating the midlevel health tech, MedTech and edtech Startups' take-off stage programme, Director of Department of Electronics, IT & BT and Managing Director of KITS Meena Nagaraj said, "Karnataka government's policies are aimed at giving access to deep technology. Karnataka makes it happen and that is why 7 unicorns were born during a difficult period of COVID-19 pandemic." (A unicorn is a term used in venture capital industry to describe a privately held Startup company with a value of over USD 1 billion)
"Karnataka is the first state to formulate engineering research and development policy, and this is because of our innovative ways of making policies to encourage innovation. Bangalore is number-one tech city with 8.5 per cent growth while the international average is 6.2 per cent," Meena Nagaraj explained.

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