Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Entrepreneur First Aims to Build Deep-Tech Startups in India

Entrepreneur First Aims to Build Deep-Tech Startups in India

The company builder – Entrepreneur First has plans on building a deep tech venture in India. The earmark is said to be about $20 million and is expected to run for the next three years. A top company executive said that the company is surely planning something big for the upcoming years.

Entrepreneur First Founded in 2011 by Matt Clifford and Alice Bentinck is currently helping pre-idea or pre-founder startups to find the right teams and co-founders. Also, the company refines ideas and raises funds from local and global investors.

The company now has launched a six-month programme in Bengaluru to help build 50 deep-tech startups focusing on segments. These verticals are artificial intelligence, machine learning and robotics. Along with a few other tech-focused consumer companies it is expected to be a really huge thing in the market. 

“We will roughly invest $20 million in India over the next three years just on the stipends and initial investment. But we could invest many millions more in the next stage of the investment and there is no geographical limit on that,” said Clifford in a telephone interview.

Around $55,000 will initially take place in the startups during its biannual programme. In India graduates do not initiate a startup since there is no room or opportunity provided to them. Not to mention the fact that the lack of investors is also a reason.According to reports, even if an individual wants to start a company, it won’t be possible because of the high control that few high power entities have over the industry. Let’s see if this new move of Entrepreneur First helps the highly talented Indian entrepreneurs. 


Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...