BHUBANESWAR: A US-based venture capitalist recently invested Rs 3,000 crore in Bhubaneswar City Knowledge Innovation Center (BCKIC), an institution that promotes hyper-local startups. This significant funding is aimed at supporting startups in Odisha, especially those working in India. Earlier, Sushant Kumar from Odisha had donated $2 million to the Indian Institute of Management (IIM) in Sambalpur, which will support the institute’s efforts to support new and innovative business ideas. It was destined for an incubation center. BCKIC This is a strategic initiative advised by the Chief Scientific Adviser to the Government of India. It serves as a collaborative platform that brings together research institutions, academia, industry and businesses. The institute is one of seven such institutes in the country that aim to encourage and support innovation and create a hub for sharing knowledge between different sectors. These startups are highly dependent on receiving timely and appropriate financial support,” Sushant said, adding, “This kind of support is critical to the development and success of a new business. , the products they produce can have a huge impact on the global market, making them the next big thing in the world.” “By adopting the innovative technologies developed by these startups, India. “The plan here is to make India and Odisha in particular a hub for global startups,” he added.
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