swissnex India, an initiative of the Swiss State Secretariat for Education, Research and Innovation, brings cutting-edge technologies and innovations from top-rated Swiss startups to India. swissnex India coaches these early-stage and growth-stage startups on business pivot strategies, product or service localisation, market understanding and access to few handpicked potential collaborators and customers in India. Additionally, the startups receive a soft landing/launchpad capabilities to launch into the Indian market. Since its inception in 2013, swissnex India has advised over 600 Swiss startups to adapt and then evaluate their business in India through curated conversations with corporates, academia and investors where applicable.
A Swiss delegation comprising startups, academia and investors are in India this week to evaluate various business collaborations with the Indian innovation ecosystem. As part of their healthtech initiatives, swissnex India organised the second edition of their flagship program – the Indo-Swiss Healthtech Week. The delegation attended BioAsia 2020 in Hyderabad and is scouting the innovation ecosystem in Bangalore. This includes five healthtech startups – Cellestia, Bottmedical, Noul, ARTIDIS and PeriVision.
swissnex envisions to provide the Swiss startups with the right resources, mentorship, market opportunities and connections to foray into the Indian market. Swissnex has a strong partnership with Innosuisse – the Swiss Innovation Agency to create tailor-made market validation and entry for Swiss startups.
“swissnex India is an instrumental and long-standing partner for the Innosuisse internationalisation camps. The number of applications for the camps in India (second highest figure after the camps in the US) showcases the efficiency and the strength of their network. For most of the start-ups, the coaching provided by the swissnex team is the key success factor of their camp”
- Marcel Hofstetter, Scientific Officer at Innosuisse – Swiss Innovation Agency
“Having advised several hundred Swiss startups in Indian market, I am convinced that Switzerland offers arguably the best B2B cases for deeptech, research-led and patented innovation to top and willing MNCs. The cases of Mahindra investing in Gamaya, Tata’s collaboration with Orbiwise, Hitech Robotics joining hands with Bestmile are testimony to this.” - Prateek Khare, Head of Startup Partnerships - swissnex India
swissnex India follows the unique model of helping Swiss startups in India by focusing on three phases of the startups’ journey. It includes training researchers, validating the Indian markets for early-stage Swiss startups and scaling market-ready startups in the Indian markets over a sustained timeline.
How swissnex accelerates the Swiss startups’ journey in India:
Some success stories:
“At swissnex, it’s our mission to connect the dots in education research and innovation. We have been instrumental in connecting the University of Basel with WE HUB in Hyderabad and CCAMP and Narayana Health City in Bangalore, to further promote entrepreneurship and knowledge exchange between the ecosystems. All these collaborations translating into official partnerships this week, is a great sign of continued Indo-Swiss ties”, added Sebastien Hug, CEO of swissnex India and Consul General of Switzerland.