Copyright newsbytesapp

A number of international start-ups from Singapore and Canada are looking to enter the Indian market. The interest stems from India's huge consumer base, fast-growing economy, and a thriving start-up ecosystem. The potential entrants expressed their intentions during the EPIC 2025 global pitch competition organized by Hong Kong Science and Technology Parks Corporation (HKSTP). Out of 1,200 applications from over 70 economies, 100 start-ups were shortlisted in three categories: Digital Health Tech, FinTech, and GreenTech. The annual EPIC event serves as a platform for start-up founders to interact with global investors, corporate partners, and emerging markets. Sunny Chai, Chairman of HKSTP, emphasized the importance of this event in his statement to the media. He said, We are turning Hong Kong's connectivity into momentum, helping ideas move and scale across borders. Chai added that EPIC 2025 is a testament to this, where entrepreneurs connect with emerging markets and enthusiastic investors. Bryan Oh, Founder & CEO of Singapore-based NEU Battery Materials, expressed interest in the Indian market. He said battery recycling is a global problem and his company wants to solve it with their process and technology. Oh noted that India has a large number of two-wheelers and three-wheelers, making it an attractive market for battery recycling. I would love to know more about government initiatives and policies in India, he added. Jayden Lu, Product Engineer at Singapore-based Belli, also showed interest in the Indian market. He said India is a fast-growing economy with a big start-up foundation. I see a great future for start-ups in India, Lu said. Meanwhile, Amol S Karnick, President and CEO of Canada-based KA Imaging, said they are exploring possibilities of entering India. He stressed on the need to find right partners and investors for this purpose.