The Incredible Israel-India Story
The Incredible Israel-India Story This month marked a huge leap for the future of Israeli-Indian relations. After 25 years of diplomatic ties, PM Modi became the first visiting sitting prime minister to make an official state visit, and commentators are calling it just a taste for what is to come. The relationship traditionally has revolved around security and defense, with India being Israel’s largest arms buyer, but this trip showed the new name of the game is tech. Major deals like The Israel India Innovation Initiative Fund (I4F) were signed around that promise, hoping to grow the already $4.2B trade relationship into a close cross-border partnership. Aside from the deep cultural ties and similar challenges these ‘against all-odds’ democracies have, the move is highly strategic. Israel has much to gain with the enormous market potential presented by India’s population of over one billion, while India’s flourishing economy needs to move quickly to develop more ground-breaking technology. OurCrowd recognized the potential of this relationship early, and has been actively working to develop ties with counterparts, investors and innovators on the...
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