The “Expand North Star 2023” exhibition is gearing up to host the largest gathering of startups in the world, featuring an unprecedented number of Indian startups venturing beyond their home country, this event, scheduled to take place at Dubai Harbor from October 15 to 18, promises to be a focal point for thriving entrepreneurship and the next generation of Indian tech talent.
This exhibition, hosted by the Dubai Chamber of Digital Economy, one of the three chambers under the Dubai Chambers umbrella, will bring together over 1,800 startups from more than 100 countries, including 200 innovative Indian companies that have chosen Dubai as their launchpad for global expansion.
A select group of leading Indian entrepreneurs will participate in the exhibition, representing the third-largest startup ecosystem globally, their presence aims to attract investors and expand their global customer base, these Indian startups cover a diverse range of industries, from award-winning Google-supported game developers to carbon-neutral protein producers for the $500 billion livestock and meat sector.
Sustainable Agricultural Technology:
Among the Indian startups at the exhibition is “Novel Sustainability,” a company launching a product called “DeCarbon.” DeCarbon is a recycled protein feed made from waste designed to significantly reduce the carbon footprint in the animal feed and meat sectors.
Siva Sankar, the company’s founder, will discuss their manufacturing process aimed at reducing carbon emissions in one of the world’s largest and most environmentally polluting industries. He stated, “We will showcase the technology we’ve developed to extract protein from waste.”
Sankar added, “Over 30% of the world’s food production is wasted, which correlates with the protein discarded in unconsumed meat remains. At ‘Novel Sustainability,’ we are working to bridge this gap by innovating a new solution that leverages the significant economic value of this waste, accounting for just 1% of the alternative protein sources in animal feed, which is estimated at around $500 billion.”
Immersive Gaming Technology:
On the other hand, investors in the $300 billion gaming sector will witness a new lineup of gaming platforms based on deep tech concepts, leading the charge is the fantastical game “Sofia’s Adventures” by “Tooti Frooti Interactive,” utilizing Unreal 5 Nanite graphics technology for a cinematic gaming experience.
Agish Habib, the CEO of Tooti Frooti Interactive, a company supported by Google and winner of 15 international awards, revealed that the alpha version of “Sofia’s Adventures” would reshape the female-oriented gaming market, propelling the company and potential investors toward extraordinary growth prospects.
Habib stated, “With its official launch to develop games compatible with Sony’s ‘PlayStation’ VR2 technology, the company is expected to grow fourfold by 2025, we are currently working on releasing six internet protocol-based games, enabling us to grow by 165 times by 2028, achieving revenues of around $80 million.
Immersive gaming technology, coupled with artificial intelligence and deep tech, will bring about a profound change in the gaming industry, this is why we are harnessing artificial intelligence in all aspects of our product development, starting from designing the emotional aspects of games, refining design, to marketing and customer engagement.”
Unveiling Growth Plans:
The “Expand North Star” event, with its rich agenda, will provide a platform for billion-dollar companies whose founders will reveal clear global growth trajectories leading to unprecedented success.
Notable participants in this segment include Bhavish Aggarwal, CEO and co-founder of “Ola Cabs and Ola Electric,” the largest shared mobility company in India with over 1.5 million drivers. Also, Abhiraj Singh Bhal, CEO and founder of “Urban Company,” a F category company worth $2.8 billion, which is the largest home services platform of its kind in India and the UAE.
Trade Relations:
The Indian participation in this year’s edition of the “Expand North Star” exhibition has witnessed double the growth compared to the previous year, reflecting the sustained trade relations and investment opportunities between the UAE and India.
Both countries, under the Comprehensive Economic Partnership Agreement, plan to double non-oil trade by 2030, reaching $100 billion.
According to the Dubai Chamber, Indian-owned companies account for 30% of the total number of startups in Dubai, and there are 83,000 Indian companies registered in the emirate.
Indian companies and non-resident Indian entities have provided over a million job opportunities in the UAE.
The “Expand North Star” aims to build on these achievements by bringing together over 1,000 technology sector investors and project financiers from 70 countries with a capital pool of up to one trillion dollars to inspire and expand the world’s most attractive startups.
“Expand North Star” is the premier event for startups under the “GITEX Global 2023,” the world’s largest technology exhibition, held at the Dubai World Trade Centre from October 16 to 20.
These two events, organized by the Dubai World Trade Centre, take center stage in Dubai with an exhibition space covering 2.7 million square feet, marking a 40% increase compared to the previous year’s edition.
