BHive bolsters Indian start-ups to scale up and create global forays in Canada and North America markets
India has emerged as the third largest and most vibrant start-up ecosystem in the world after the US and China, taking the culture of entrepreneurship forward. According to Launching The State Of Indian Startup Ecosystem Report 2021, the Indian start-up ecosystem is home to 38,815 active start-ups and totalling more than 60,000 registered start-ups.
The ecosystem that is fuelling Indian start-ups, has immense technology capability and innovative solutions, giving India an unparalleled lead in the world to solve local as well as global problems. Indian start-ups are bravely making the journey towards creating a global footprint.
BHive is one such organisation that aims to help bolster this ecosystem, by helping start-ups from India to make that all-important journey. It is a collaboration between the City of Brampton and the Toronto Business Development Centre. BHive’s Start-up Visa Program, which leverages the Canadian Start-up Visa (SUV) program offers incoming foreign start-ups with all the tools and guidance they require to establish and scale their business in Canada and North America, which are important global markets.
Recently, BHive has powered about 20 start-ups through this program and is working on several others, to help them scale and grow in global markets. Art&Found is an online platform for artists to showcase, share and sell their work and to empower the artist community. Aditya Mehta, Founder CEO, Art&Found says, “We were very clear on the SUV program and Brampton’s commitment to building an innovation and entrepreneurship ecosystem with the Brampton Innovation District. We have received tremendous support right from answering queries regarding our application to clearing doubts on due diligence, help on grants and funding opportunities with promptness, efficiency and clarity while motivating us at every milestone”.
SkaaS, a HR services start-up aims to host a ‘skills marketplace’ with its AI-powered technologies and virtual lab environments and a whole suite of solutions for automating tech recruitment end-to-end. J K Paul, Director SkaaS says, “We are extremely confident and excited to set foot in Brampton and take SkaaS to the North American market and scale it to become a global company. SkaaS (Skills as a Service) has built a platform for technical assessment and recruitment envisioned to be the AWS for skills (an end-to-end platform). We intend to hit the $1 mn mark in revenues, within the first year of starting our operations at Brampton”.
Vikram Khurana, Chief Executive Officer, BHive, said, “At BHive we’re helping start-ups from India to make that all-important journey to become global entrepreneurs. Along the way we are also growing the next wave of start-ups in Canada by bringing high potential founders from around the world. We know how challenging moving across borders can be and we offer the most appropriate support in place as our start-ups’ transition. We closely partner with Indian and internationally recognized ecosystems, to navigate markets for opportunities as well as support these founders right from the start of their journey.”
