Expressing serious concern over substantial drop in investment in the country in the last decade, chief economic advisor Krishnamurthy Subramanian has said investment is key to the country becoming a $5-trillion economy in five years.

The efforts by the State government to transform Visakhapatnam into a fintech hub seem to have to have yielded an overwhelming response with several American investors, startups and incubators participating in the $1 Million Fintech Startup Challenge Contest.

WASHINGTON: The Andhra Pradesh government in association with a US-based innovation platform for enterprises, founded by an Indian IT veteran, has announced a $1 million global challenge for startups to showcase their products and solutions in the fields of agriculture, emerging technology and Fintech.

Fintech Valley Vizag and Bizofit announced today the 1 Million $ Global Startup Challenge being conducted worldwide enabling startups to showcase their products and solutions and get a chance to win a total of 1 Million $ in funding.

The Andhra Pradesh government in association with a US-based innovation platform for enterprises, founded by an Indian IT veteran, has announced a USD 1 million global challenge for startups to showcase their products and solutions in the fields of agriculture, emerging technology and Fintech.

Sep 11, 2018 – The challenge, organised by Fintech Valley Vizag in collaboration with Bizofit, will culminate in Vizag with presentations by 25 selected finalists on October 25.

As part of the challenge, roadshows are planned in Chicago, New York, San Francisco, Tel Aviv, Paris, London, Hong Kong and Bangalore. The first roadshow was held in Chicago on Friday, a press release said on Monday.

India is now being viewed increasingly as a destination for innovation and digital transformation,” said Bala Palamadai, president of TiE Midwest.

“India is now being viewed increasingly as a destination for innovation and digital transformation,” said Bala Palamadai, president of TiE Midwest and founder-CEO of Bizofit…

“India is now being viewed increasingly as a destination for innovation and digital transformation,” said Bala Palamadai, president of TiE Midwest and founder-CEO of Bizofit…

Fatal Attractions … if there is anybody as savvy as Phaneesh,” says Bala Palamadai, a former Infosys executive who Murthy recruited in 1999.

Hurricane Sandy has got everyone, including Indian IT services companies … Bala Palamadai is the Executive Vice President of IT services firm …