The cumulative cross-border investment in Indian and Israeli startups has a $25 billion of revenue potential by 2025, said a recent report “Collaborative Innovation: The vehicle driving Indo-Israel prosperity” of Accenture and NASSCOM.
The report identifies IINSPIRE ((Israel-India Startup Platform for Innovative Research and Entrepreneurship) framework to release innovation potential of the two startup nations.
It concludes by recommending the creation of a program called IINSPIRE which aims to unleash the combined power of these two nations to deliver on Vision 25/25, by combining their strengths across three areas: talent, technology and temperament.
As technology products and services leaders, collaboration between India and Israel promises to unlock significant gains across the key sectors of mutual interest.
The report also suggests, a systematic approach and an institutionalized framework is needed for India and Israel to capitalize on their complementary strengths, deepen relationships and strengthen understanding of each other’s markets.
Tags: Nasscom, India-Israel startups, india israel friendship, india israel startups, Collaborative Innovation, Accenture, IINSPIRE, Israel-India Startup Platform for Innovative Research and Entrepreneurship
