Key Highlights:
- The Bangalore led of the summit had over 25,000+ attendees over 3 days, including 14,000+ registered delegates – comprising 8500+ entrepreneurs/investors/business visitors and 5500+ students. This includes over 1500+ global attendees including Charter Members/Angel investors, 650 exhibitors and 700+ rural school innovators.
- 26,000 business connects were made through the technology platform and over 678,000 words across 40+ sessions were transcribed through our AI sessions platform
- The TiE Women Pitch Competition awarded 1st place to Teri Sirset, Co-Founder & CEO of DASI Simulations (TiE SoCal) with a $25,000 prize, 2nd place to Adithi Aji, Founder & CEO of Adrich, Inc. (TiE Pittsburgh) with a $15,000 prize, and 3rd place to Irena King, Founder & CEO of Surgicure Technologies, Inc. (TiE Boston) with a $10,000 prize.
- The TGS100 winners at the TiE Global Summit 2024 were Breer Limited, Takeme2space, and Proleri Technologies, recognized for their groundbreaking innovations in food waste transformation, aerospace technology, and agritech, respectively. They received 50 Lakhs in prize money and several investor connects.
- At The Family Offices Conclave, the Family Office Awards recognized excellence in three categories: Dons of Startup Investing, Transformative Leaders of Startup Investing, and Next Gen Leaders of Startup Investing, honouring over 10+ Investors
- At the TiE Global Summit 2024, the Department of E, IT, Bt, Government of Karnataka signed a letter of Intent with New Jersey Department of State, United States.
- Launched a Digital Agriculture Report hosted by Government of Karnataka, KDEM, The World Bank, The Agri Collaboratory & TiE Bangalore.
- Launched a Report on “Pioneering Innovations in Global Capability Centers” by Avasant
- Throughout the TiE Global Summit 2024, approximately 700 rural students and over 5,500 students participated in various workshops and talks, highlighting the event’s significant educational outreach and inclusivity.
Bengaluru 12th December 2024: The three-day TiE Global Summit (TGS) 2024 in Bengaluru (with the final day slated to be held in Mysore on 12th December) concluded with a lasting impact on the startup ecosystem, entrepreneurs, family offices, and global collaborations. With the theme of ‘Putting Entrepreneurship First,’ the summit thrived with dynamic participation from entrepreneurs, investors, innovators, industry leaders, policymakers, youth, and academia. The global event was organized by TiE Bangalore, with Karnataka Digital Economy Mission (KDEM) as a strategic partner and support from the Government of Karnataka as the State Partner . It was co-hosted by the Ministry of Electronics and Information Technology (MeitY), MeitY Startup Hub, India AI Mission, and Software Technology Parks of India (STPI).
The summit is supported by prominent partners, including Invest Karnataka, SBI, Amazon, IBM, Chiratae Ventures, Kaynes Technologies, NuVentures, Havas Group, Avasant, Accel Partners, Kalaari Capital, BHIVE, GIFT City, NMDC, and ECGC, which is supporting the Futurepreneurs initiative.
Summary of the Three-Day TiE Global Summit 2024:
- The TGS100 initiative at the TiE Global Summit 2024 (TGS24) recognized outstanding early-stage startups from across the globe. After reviewing over 1,300 applications from 17 countries, the top winners were announced: Breer Limited, a socially driven company transforming food waste into exceptional beer, won 1st place and a prize of ₹35 lakhs. Takeme2space, an aerospace technology company focused on enabling advanced computational infrastructure in space, claimed 2nd place and a prize of ₹10 lakhs. Proleri Technologies, an agritech company innovating in the use of farm-grown plant leaves to produce high-quality proteins, secured 3rd place and a prize of ₹5 lakhs. These winners showcased exceptional innovation and entrepreneurial spirit in sectors like AI, healthcare, and sustainability.
- Another highlight of TGS24 was the TiE Women Global Pitch Competition, which celebrates the leadership and innovation of women entrepreneurs worldwide. This year, the competition saw record-breaking participation of over 3,100 women-led startups from 62 countries across sectors like Ed-Tech, Health-Tech, AI, Agri-Tech, and Sustainability. Teri Sirset, Co-Founder and CEO of DASI Simulations from TiE SoCal claimed the 1st place prize of $25,000. Adithi Aji, Founder and CEO of Adrich, Inc. from TiE Pittsburgh, secured 2nd place with $15,000, and Irena King, Founder and CEO of Surgicure Technologies, Inc. from TiE Boston, earned 3rd place and $10,000. This initiative exemplifies TiE’s commitment to empowering women entrepreneurs and driving global gender diversity in entrepreneurship.
- On Day 1 of the summit at IISc, The TiE Bangalore Antar Prerana Global 2024, an initiative of the TiE Global Summit 2024 was organized aimed at empowering entrepreneurs with insights drawn from both ancient wisdom and modern practices. With the theme “Bridging Inner Transformation with Entrepreneurial Impact”, the summit featured various sessions such as “Fostering I Can,” “Enabling You Can,” “Empowering We Can,” and “Implementing I Will.” Eminent speakers guided entrepreneurs through different stages of inner transformation and action, reflecting a progressive approach to personal and professional empowerment.
- At the TiE Global Summit 2024, the Department of E, IT, Bt, the government of Karnataka signed a letter of Intent with the New Jersey Department of State, United States. The Letter of Intent was signed by Dr. Ekroop Caur, IAS, Principal Secretary to Government, Department of E, IT, BT & S&T, Government of Karnataka and Lt. Governor Tahesha Way, New Jersey, and Secretary of State. This landmark partnership aims to foster global innovation and technology collaboration through Twin City collaboration between Bengaluru and New Brunswick, Engagement between Karnataka and New Jersey startup ecosystems, collaboration in Lifesciences, Deep Tech (AI, cybersecurity), electronics, and Semiconductors.
- Day 3 of the summit at Bangalore International Exhibition Center (BIEC) witnessed star-studded sessions like Ankur Warikoo Entrepreneur, Author, and Content Creator, who spoke about the essence of “How to Be Epic” by sharing insights from his journey. He emphasized that being epic is not about perfection or avoiding failure but about resilience, self-awareness, and the courage to pursue what truly matters. Drawing from his own life, he highlighted how embracing failures, staying curious, and making deliberate choices have shaped his path. His speech inspired the audience to focus on personal growth, authenticity, and the willingness to adapt in the face of life’s uncertainties.
- On Day 3 of the TiE Global Summit 2024, four pivotal MoUs were signed to establish the STPI-led Center of Excellence in Efficiency Augmentation (CoE-EA). Dr. Sanjay Tyagi, Jurisdictional Director, STPI, exchanged MoUs with Shri Manas Das, Sr. Director, Intel India Pvt Ltd; Shri Devadas Shetty, Vice President, Supply Chain Performance, Schneider Electric; Shri Nishant Dhoreliya, Lead, Corporate Startup Partnerships, Bosch; and Shri Pramod Kumar P, Senior Manager, IEEE India. Supported by KITS, the Government of Karnataka, and Hewlett Packard Enterprises, the CoE-EA aims to support 100 startups and engage 25,000 students over the next five years, leveraging IoT, AI, and automation to drive industrial efficiency and innovation.
- On Day 3 there was a panel discussion on Strengthening the Indo-US Corridor: For Entrepreneurship and Investments was moderated by Ravi Narayan, Senior Advisor, Startup Genome with an esteemed panel including Manjusha Tipre, President, TiE New York & Co-Founder Yaala Labs; Upasana Sharma, President of TiE Toronto and Investor Quotient; Yash Shah, Ex-President of TiE Boston; Sundi Natarajan, TiE Washington DC Board Member; and Suresh, TiE President, New Jersey. The panel discussed the thriving business ecosystem in the US and Canada, where even small startups can bag a multi-million project from the federal government and private players in diverse sectors. They highlighted the role of TiE Global in facilitating innovators and creators with mentorship, networking with the governments in the US and Canada, and asked the startup founders and entrepreneurs to get in touch with TiE, who in turn would give their playbook.
- On Day 3 of the TiE Global Summit 2024, a panel discussion on the “Institutionalization and Scaling of Family Office Stories” featured industry leaders: Manish Choksi, Vice Chairman at Asian Paints; Vimal Kedia, Group Chairman at Manjushree Ventures; Apurva Salarpuria, Director at Salarpuria Group; and Raman Roy, Solutions Chairman and Managing Director at Quantro BPO, moderated by TC Meenakshisundaram, Founder and Vice Chairman of Chiratae Ventures. The panel explored the shift from traditional wealth management to institutional frameworks, focusing on multigenerational wealth preservation, CIO roles, professional governance, and opportunities in alternative assets and startups.
- A key highlight of the TiE Global Summit 2024 was the session on “Why and How of Startup Investments,” led by Kris Gopalakrishnan. The session delved into the transformative potential of startup funding in driving India’s economic growth and innovation ecosystem, stressing the need for billion-dollar funds to support emerging sectors like AI, healthcare, and advanced manufacturing. Discussions centered on how strategic investments in research and patient capital can accelerate India’s transition to an IP-led economy and foster technological leadership. Mr. Gopalakrishnan emphasized the importance of collaboration between investors, researchers, and entrepreneurs to address scaling challenges and advance sustainable innovations, ultimately urging greater participation in startup investments to create jobs, boost economic growth, and position India as a global leader in affordable, high-impact solutions.
- At the TiE Global Summit 2024 Futurepreneurs Conclave, a key panel discussion titled “Investor’s Playbook: The State of Venture Capital in India” took place, moderated by Mahavir Pratap Sharma, Chair of TiE India Angels and RAIN (Rajasthan Angels). The session featured prominent industry leaders B.V. Naidu, Chairman of the Karnataka Digital Economy Mission, and T.V. Mohandas Pai, Chairman of Aarin Capital and Manipal Global Education. The panel explored the latest trends, challenges, and opportunities shaping India’s venture capital ecosystem, while also unveiling the “Landscape of Early-Stage Funding in Karnataka” report.
