India becomes first choice of foreign startups, companies from Singapore and Canada show interest

By Team Sarkari Aadmi

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Indian startups: Many international startup companies from Singapore and Canada have shown interest in expanding their business in India. Startup companies expressed their desire to expand their footprint in India while speaking to PTI during EPIC 2025, a global pitch competition organized by the Hong Kong Science and Technology Parks Corporation (HKSTP). A pitch competition is a competition where entrepreneurs present their business ideas to judges and investors.

Competition details

During the competition, 100 out of 1,200 startups from more than 70 countries were selected in three categories: Digital Health Technology, Finance Technology and Green Technology. Two Indian startups are also included in these. This annual event gives founders the opportunity to connect with global investors, corporate partners and emerging markets. “We are accelerating Hong Kong’s connectivity, helping ideas move and scale across borders,” said Sunny Chai, Chairman of HKSTP.

“Our priority is to grow our business beyond Singapore, because battery recycling is not just a Singapore or Hong Kong problem, it is a global problem,” said Brian Oh, founder and chief executive officer (CEO) of Singapore-based company NEU Battery Materials. We want to solve this using our process and technology.” Asked about plans for India, he said India is a big market with a friendly environment for startups, and some startups involved in battery recycling are doing well there.

Startup culture is growing very fast in India. Many Indian youth are adopting the path of startup instead of working. The youth have also written new success stories in this field. This reflects the changing India and the thinking of the youth.

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