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Informist, Wednesday, Aug. 26, 2026

 

NEW DELHI – Commerce Minister Piyush Goyal Wednesday proposed a forward-looking framework for the next phase of India–Japan startup cooperation, including Joint Startup Pitching Platforms to facilitate regular interactions between Indian founders, Japanese corporations, venture funds and strategic investors, according to a government release. "India and Japan can develop a pitching series, something like the Shark Tank initiative, that can help young startups pitch," Goyal also said in a press conference, according to the Press Trust of India report.

Shark Tank is a popular business reality television series where aspiring entrepreneurs pitch their products and companies to a panel of wealthy investors, known as the "Sharks," to secure financial investment in exchange for equity.

Goyal proposed a four-pillar framework for India-Japan startup cooperation, including a "Japan-India Deep-Tech Capital Corridor" to mobilise capital for early-stage research and a "Two-Way Innovation Bridge" connecting universities and research institutions in both countries, the ministry said. He also highlighted the government's proposed second Fund of Funds of around $1 billion focused on deep-technology enterprises, inviting greater participation from Japanese investors, it added. 

Goyal highlighted India's emergence as the world's third-largest startup ecosystem, with nearly 250,000 startups established over the last decade, at the India-Japan Startup Roundtable in Tokyo. India's large domestic market, deep science, technology, engineering and mathematics talent pool and expanding innovation ecosystem make it an attractive destination for Japanese technology and investment partnerships, Goyal said.  End

 

US$1 = INR 95.41

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Reported by Vivek Das

Edited by Deepshikha Bhardwaj

 

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