India: JK Tech Offer $1m Grant For Insurance Innovators

The insurtech scene in India is really going strong right now and 2022 looks set to be another busy year for new products, partnerships and the deployment of technology to the vast India insurance market. Here’s some news for start-ups looking to win seed investment;

JK Tech, a Noida-based digital and IT services company, has set up a grant of $1,00,000 to support innovative start-ups. The firm has tied up with T-Hub, a start-up ecosystem enabler based out of Hyderabad, to start an innovation programme.

“We would like to connect with start-ups to help pitch their products and solutions for possible collaboration opportunities,” a JK Tech spokesperson said. This will also open doors for multiple start-ups to be guided and mentored by the subject-matter experts at JK Tech,” he said.

The focus will be on start-ups working in areas such as hyper-automation in healthcare, med-tech, insurtech and manufacturing.

“Innovation workshops, start-up interactions and a bit of guidance will serve as a great opportunity for these upcoming technology-driven start-ups to find their momentum and accelerate in the right direction,” Aloke Paskar, President and Chief Executive Officer of JK Tech, said.

“We will do our best to ensure that the grants reach deserving young minds to maximise their innovation potential,” he said.

About alastair walker 10158 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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