Korea Startup Forum inks MOU with Indian chambers at K-Founder Network debut

The Ministry of SMEs and Startups held the inaugural "K-Founder Network in India" forum in India on Monday, bringing together roughly 70 Korean startup founders, local venture capitalists, accelerators and government officials. The K-Founder Network is a government-backed initiative designed to help Korean entrepreneurs operating abroad build self-sustaining communities. The ministry plans to connect early-stage Korean startups with established founders already active in target markets, reducing the trial-and-error of overseas expansion. India is the pilot country, with expansion to France, China and the United States planned later this year. The network, launched in April, is chaired by Lee Cheol-won, CEO of Affinit, a Korea-founded fintech company operating in India. "Connecting Korean founders in India is the most important thing," Lee said. "This network creates the foundation for startups that previously had no knowledge of each other to exchange ideas and collaborate." On the sidelines, the Korea Startup Forum — the private association running the program — signed a memorandum oWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times