Dec 24: In its endeavour to enhance the startup environment, BSE, Asiaâ€™s oldest exchange and now worldâ€™s fastest exchange with the speed of 6 microseconds has launched â€˜BSE Startupsâ€™ on December 22, 2018. As part of the launch, the leading bourse has signed an agreement with Cornerstone Ventures Investment Advisers LLP and Venture Catalysts Pvt Ltd.
The strategic collaboration with the two firms will enable BSE to further incentivise the startup firms in sectors like IT, ITeS, biotechnology and life sciences, 3D printing, space technology and e-commerce. The platform will also help in listing of firms from hi-tech
defence, drones, nano technologies, artificial intelligence, big data, virtual reality, e-gaming, robotics, genetic engineering, amongst other sectors.
Commenting on the launch of BSE Startups, Ashishkumar Chauhan, MD & CEO, BSE, said, “BSE is the origin of capitalism in India. BSE has helped India create wealth of more than $2 trillion. In future, young hi-tech entrepreneurs will require less capital but will be able to create tremendous wealth. Indian youngsters need to get involved in creating more startups and raise funds from other Indians using BSE Startups platform. Thousands of young hi-tech companies should come and raise funds from discerning investors on this platform helping immense wealth creation for entrepreneurs, investors
and the country as well as creating millions of jobs. The future belongs to startups and BSE Startups segment.â€