Official launch of the German Indian Startup Exchange Program (GINSEP) in New Delhi on February 23

On February 23 the official Indian launch of the German Indian Startup Exchange Program (GINSEP) took place in  New Delhi. We were honored to welcome Commerce and Industry Minister Suresh Prabhu on stage to start building a sustainable and long-lasting bridge between both startup ecosystems of Germany and India. The week before a 24-member delegation visited India from February 18th to 25th, organized by the German Startups Association. The visit aimed to drive true exchange by bringing together startups, investors, corporates as well as politicians from Germany with their counterparts in Bengaluru and Delhi.

“GINSEP aims to be the bridge between the startup ecosystems in the two countries to accelerate cross-border innovation and help both sides take advantage of each other’s strengths.” 

The event was opened by Liz Mohn, vice-chairwoman of the Bertelsmann Stiftung Executive Board, Dirk Wiese, parliamentary state secretary at the Federal Ministry for Economic Affairs and Energy, His Excellency Dr. Martin Ney, German Ambassador to India, and Mr. Raj Chengapa, Editorial Director of India Today Group. Over100 international guests from the political and business spheres attended the launch event with speeches from Angela De Giacomo, Investment Manager, Bissell Family Office, Deepak Bagla, CEO Invest India and Vineet Rai, Founder, Aavishkaar Intellecap Group. Afterwards Shardha Sharma, CEO Yourstory, Nora Herzog, Project Lead GINSEP, Bernhard Steinruecke, Director Gerneral, Indo-German Chamber of Commerce, and Gagan Sabharwal, Global Trage Development, NASSCOM, participated in a penal discussion on the German and Indian startup ecosystem.

some impressions of the event