Bengaluru to get Israeli innovation centre

DHNS
October 11, 2018

Bengaluru, Oct 11: India’s technology hub, Bengaluru, which is home to a large number of multinational research and development centres and startup hubs, will soon be home to yet another mega innovation facility from Israel.

Israel will set up an India-Israeli Innovation Centre (IIIC), the first startup incubation facility in India. This facility by Israel will be only its fourth in the world after the US, the UK and China. 

The facility, spread across 10,000 square feet, will be set up in the central business district and will be operated by startup hub MESH (Modiin Entrepreneurs’ Startup Hub).

Interacting with DH, MESH founder and CEO Moshe Porat said the startup incubator in Benglauru is a step towards achieving greater synergy between Indian and Israeli startup companies.

“We have many startup companies in India, especially in Bengaluru, involved in deep technology and they are looking at leveraging by aligning with global startups and incubation centres. We expect by starting MESH in Bengaluru, we can bring synergy in this endeavour,” he said.

Porat added that the India-Israeli Innovation Centre will give access to Israeli investors and frontier tech talent.

He said the incubation centre will be ready by mid-December and two more will be opened soon. “We are aligning our gameplan around government initiatives like Startup India and Digital India. Israel has also identified six cities for starting these kind of incubation centres,” he said.

Each incubation centre will have around Rs 2 crore investment. MESH is a startup hub started in 2014 and is located in Israeli municipality of Modiin.

Varadarajan Krish, who will head the incubation centres in India, said it will bring on board both Israeli and Indian educational institutions for collaboration and co-research.

“Israel’s Technion, Ben-Gurian and Tel Aviv Universities will join hands with IITs and IIIT in India. Also, it will team up with NITI Aayog and Atal Innovation Mission.

Federation of Indo-Israeli Chambers of Commerce vice chairman David Keynan said the innovation centre is one more move to connect the tech industry in both countries. “Porat is a long-time industry veteran in Israel, and his abilities will contribute to the centre’s success,” said Keynan.

Comments

Unknown
 - 
Thursday, 11 Oct 2018

How lower class people will be benefitted with this project..? Govt, NGO, MNC not doing anything to poor people rather than taking land from them

Suresh
 - 
Thursday, 11 Oct 2018

Wow. such a great news

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 10,2020

Gadag, May 9: It is the month of April, and the season of mangoes is very much here. However, the mango farmers of Gadag are suffering huge losses amid the coronavirus lockdown due to the absence of transportation facilities along with several other issues that have been impacting their business adversely.

Speaking to media persons, Vishwanath Odugowdar, a mango farmer said, "Due to transportation problems we are not being able to export mangoes to different countries. We are trying to sell them in nearby markets."

"We are not in a situation to pack, transport and export the mangoes to different countries as we did earlier especially 
when it comes to Alphonso mangoes which is one of the most loved varieties. So, we are packing mangoes at our place. Somehow this year we have got very good quality of mangoes," he added.

Farmers here are incurring huge losses as mandis and markets across the country are shut while the transport of Alphonso mangoes has also come to a halt owing to the lockdown.

The small and medium scale farmers in places like Gadag, Dharwad, Bagalkote in north Karnataka have started packing the mangoes themselves in their farms in a bid to sell the fruit themselves.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
July 11,2020

Mangaluru Jul 11: A member of Adyar gram panchayat, who was attacked by a gang last night breathed his last at a private hospital in the city.

Mohammed Yaqoob, who was a BJP backed member of Adyar GP was attacked near his village by a gang at around 9 pm on Friday.

In spite of sustaining serious injuries, he managed to return home. 

He then hired an auto-rickshaw and went to Highland Hospital along with his son. 

However, he breathed his last there without responding to any treatment.

According to sources, the victim knew one of the assistants.

It is suspected that political or personal rivalry might be the reason for the attack. However the exact motto behind the attack is not yet known. 

A case has been registered in Kankanady Rural police station.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 10,2020

Shivamogga/Hubballi, Feb 10: Chief minister BS Yediyurappa on Sunday reiterated portfolios for all new ministers will be distributed on Monday and the exercise was not completed sooner only because of weekend holidays.

“I had completed all the formalities on the portfolio allocation,” Yediyurappa said, appearing to rubbish rumours that the delay was caused due to a tussle over portfolios. “However, considering it was a weekend, I decided to postpone handing them out. On Monday all portfolios will be announced.”

The CM also promised to induct loyalists into his council of ministers, admitting Umesh Katti, Hukkeri legislator, should not have been left out. Speaking in Shivamogga earlier in the day, Yediyurappa said Katti was scheduled to take oath last week along with the 10 defectors, but the decision was scrapped at the last minute due to “unavoidable reasons”. “But I have discussed the issue with Katti. Considering he is from North Karnataka and that we have worked together for many years, he will be included in the cabinet soon,” Yediyurappa said.

When questioned on more prominent legislators from his home district missing out — especially Thirthalli Arag Jnanendra — he said a “different responsibility” has been given to him and has already explained why he could not be inducted.

Yediyurappa refused to react to comments by former chief ministers Siddaramaiah and HD Kumaraswamy on government’s survival, saying he would rather concentrate on the state’s development. “It is common for the opposition to criticize the government, but I’m busy preparing for the budget, which will be presented on March 5. I am concentrating on my work,” he said.

In Davangere, Yediyurappa said he is committed to increasing internal reservation for the Valmiki community under the ST quota from 3% to 7.5%, apart from considering a separate department for the community to address their issues. Speaking at a Valimik community event, Yediyurappa said Justice Nagamohan Das has been asked to submit his report at the earliest to bring in reservation.

In Mysuru, chief minister Yediyurappa’s son and BJP Yuva Morcha general secretary BY Vijayendra on Sunday said the district will get representation in his father’s cabinet soon, pointing to the six existing vacancies. He said former minister AH Vishwanath will be made a minister as Yediyurappa is known for delivering on his promises. Speaking to reporters, he said his father has expanded his council of ministers, ensuring there were no complaints and he will include more legislators given that there are six more vacancies.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.