The Global Investor Conference (GIC) aims to tackle these tough questions and more next week in Portugal.
This year’s Global Investor Conference offers investors and investment enthusiasts an opportunity to learn about the latest trends in private equity and venture investments. In addition, the conference lets clients and guests in on diverse perspectives that can nourish and strengthen their knowledge of global markets. This year’s speakers are from Europe, the Americas, and Asia-Pacific (APAC).
As my global conference tour continues, I sat down with Karim Nurani, Chief Strategy Officer at the private equity investment firm Linqto about why this conference is critical in such a volatile business climate.
Inception and Vision
The Global Investor Conference started as an effort to bring what was happening in global markets to the attention of investors or startups.
According to Nurani, the primary idea and goal behind the GIC was to “tap the global environment, tap into the investors, the entrepreneurs, and the thought leaders to determine what they were building.”
Essentially, the GIC helped build a global environment where investors, entrepreneurs, and leaders of startups and established companies alike could interact. Unfortunately, investors often scout for investment opportunities in their local area. For instance, those based in California and looking to invest in artificial intelligence (AI) may not look beyond providers in the United States. To change this and improve the chances of potential unicorns being discovered and supported by the right investors, GIC was established on a global basis.
As Nurani noted, they worked to “open up the platform, speak to people around the globe” and eventually let entrepreneurs and investors know that they “don’t play in a little isolated environment.” The main goal was to bring investors and entrepreneurs out of their local environments and into the global marketplace, thus widening the horizons and scaling the opportunities for all parties involved.
Linqto wanted to make entrepreneurs and investors realize that a hundred other companies are trying to do what they’re doing and that there are lessons to learn from each other. According to Nurani, “the conference seeks to answer crucial questions: Are you picking necessarily the best company because they’re in your geographical area? Maybe not. Are you looking outside your area and looking at the rest of the world, what’s happening in Europe, what’s happening in Asia, and Australia? Let’s pay attention to that. So that was the Genesis of the Global Investor Conference—to get a global viewpoint.”
In their efforts to truly globalize the scope of the conference, Linqto ended up pioneering the discussions surrounding what are now well-known technologies. For example, the founding members of the GIC spoke to blockchain developers even before blockchain became popular; they discussed the metaverse before it was an established idea and NFTs before they became popular investments.
The main motive behind keeping the conference a virtual experience was to make it more accessible to a broader audience and have a broader panel of speakers from various industries across the globe. Coincidentally, the COVID-19 pandemic bred a growing interest in virtual programs, thus proving the effectiveness of their strategy. With global stakeholders across different sectors, all of whom with unique viewpoints, the conference became truly international in every aspect. It was also propelled to a unique position to discuss the market situation and help entrepreneurs and investors collaborate in their understanding of what the post-pandemic world would look like.
The Goal: Adding Value to Attendees
Enabling deals, building connections, and promoting education, communication and partnership were the primary goals of the GIC.
In a vacuum, an individual company can only achieve so much on its own. In some cases, they may be deserving of an investment straight off the bat, while others may require some tweaking to reach their full potential. Optimizing a company’s growth potential requires collaboration, as no single individual or board has all the answers. By exchanging ideas with accredited investors and fellow entrepreneurs, company leaders can be equipped with the knowledge, resources, and connections to secure investment.
“We don’t pay the speakers; they all volunteer their time. We don’t charge for an entrance into the Global Investor Conference; if you’re an accredited investor or a learner or want to know more, that’s where you come, and we don’t charge for it,” Nurani said. “So, we had a lot of support from many speakers, many companies, and many investors, including venture companies and PE firms,” he added.
Micha Benoliel, CEO of the crowdsourced decentralized IoT network Nodle, reflects the feelings of the speakers and attendees of the event. “We’re looking forward to our participation in the Global Investor Conference 2022 event, which provides a unique opportunity to share and learn about some of the incoming disruptive technology in an environment that connects private investors with emerging industry trends and digital assets.”
Why GIC Is Finally Offline and Why You Should Attend Although established as a virtual conference two years ago, the GIC will now be held as an in-person event in Lisbon, Portugal, from May 18 to 19, 2022.
“Considering the growing support for the conference and the fact that in-person gatherings were finally allowed again, hosting the GIC offline, in-person, felt like the ideal way to give back to the community that has loyally supported the conference in the past two years.
Additionally, virtual conferences have certain barriers as far as interaction and networking go. Hosting the conference offline or in a hybrid way is ideal for circumventing these hurdles and enabling attendees to interact freely and network. Beyond just professional enrichment, the experience of shaking hands and making eye contact as you exchange invaluable information, experiences, and insights with investors and fellow entrepreneurs was also a substantial motivating factor,” stated Nurani.
“I’ve participated in several Linqto conferences, and they do a great job of bringing together thought leaders from both emerging startups as well as established pre-IPO companies – it’s a unique showcase of the best entrepreneurs around the world working on the most interesting technologies, said Peter Loukianoff of Portal Venture Partners, which aligns influential investors with world-class entrepreneurs. I’m particularly impressed by their breadth and depth in the area of Web3.0, which like the Internet, cloud computing, and data analytics, will practically affect every business in the future.”
Based on everything going on in the markets and the world, this kind of conference and knowledge gathering is critical for investors and those seeking investment to understand what to expect in the coming year.
Tense diplomatic relations may not impact trade, investment ties between India, Canada: Experts
NEW DELHI: The tense diplomatic relations between India and Canada are unlikely to impact trade and investments between the two countries as economic ties are driven by commercial considerations, according to experts. Both India and Canada trade in complementary products and do not compete on similar products.
“Hence, the trade relationship will continue to grow and not be affected by day-to-day events,” Global Trade Research Initiative (GTRI) Co-Founder Ajay Srivastava said.
Certain political developments have led to a pause in negotiations for a free trade agreement between the two countries.
On September 10, Prime Minister Narendra Modi conveyed to his Canadian counterpart Justin Trudeau India’s strong concerns about the continuing anti-India activities of extremist elements in Canada that were promoting secessionism, inciting violence against its diplomats and threatening the Indian community there.
India on Tuesday announced the expulsion of a Canadian diplomat hours after Canada asked an Indian official to leave that country, citing a “potential” Indian link to the killing of a Khalistani separatist leader in June.
Srivastava said these recent events are unlikely to affect the deep-rooted people-to-people connections, trade, and economic ties between the two nations.
Bilateral trade between India and Canada has grown significantly in recent years, reaching USD 8.16 billion in 2022-23.
India’s exports (USD 4.1 billion) to Canada include pharmaceuticals, gems and jewellery, textiles, and machinery, while Canada’s exports to India (USD 4.06 billion) include pulses, timber, pulp and paper, and mining products.
On investments, he said that Canadian pension funds will continue investing in India on grounds of India’s large market and good return on money invested.
Canadian pension funds, by the end of 2022, had invested over USD 45 billion in India, making it the fourth-largest recipient of Canadian FDI in the world.
The top sectors for Canadian pension fund investment in India include infrastructure, renewable energy, technology, and financial services.
Mumbai-based exporter and Chairman of Technocraft Industries Sharad Kumar Saraf said the present frosty relations between India and Canada are certainly a cause for concern.
“However, the bilateral trade is entirely driven by commercial considerations. Political turmoil is of a temporary nature and should not be a reason to affect trade relations,” Saraf said.
He added that even with China, India has acrimonious relations but bilateral trade continues to remain healthy.
“In fact, bilateral trade is an effective tool to improve political relations. India must make special efforts to increase our bilateral trade with Canada,” Saraf said.
India and Canada have a strong education partnership. There are over 200 educational partnerships between Indian and Canadian institutions.
In addition, over 3,19,000 Indian students are enrolled in Canadian institutions, making them the largest international student cohort in Canada, according to GTRI.
According to the Canadian Bureau for International Education (CBIE), Indian students contributed USD 4.9 billion to the Canadian economy in 2021.
Indian students are the largest international student group in Canada, accounting for 20 per cent of all international students in 2021.
Benefits of educational partnerships are mutual and hence the current situation may have no impact on the relationship, Srivastava said.
Apple supplier Foxconn aims to double India jobs and investment
Apple supplier Foxconn aims to double its workforce and investment in India by next year, a company executive said on Sunday.
Taiwan-based Foxconn, the world’s largest contract manufacturer of electronics, has rapidly expanded its presence in India by investing in manufacturing facilities in the south of the country as the company seeks to move away from China.
V Lee, Foxconn’s representative in India, in a LinkedIn post to mark Indian Prime Minister Narendra Modi’s 73rd birthday, said the company was “aiming for another doubling of employment, FDI (foreign direct investment), and business size in India” by this time next year.
He did not give more details.
Foxconn already has an iPhone factory employing 40,000 people in the state of Tamil Nadu.
In August, the state of Karnataka said the firm will invest US$600 million for two projects to make casing components for iPhones and chip-making equipment.
The company’s Chairman Liu Young-way said in an earnings briefing last month that he sees a lot of potential in India, adding: “several billion dollars in investment is only a beginning”.
Taiwan election: Foxconn’s Terry Gou taps star-powered running mate
Last month, Foxconn’s billionaire founder Terry Gou said he would run for the Taiwanese presidency in next year’s election, as an independent candidate.
He said the ruling and independence-leaning Democratic Progressive Party (DPP) was unable to offer a bright future for the island and left Foxconn’s board following his decision to run.
The firm operates the world’s largest iPhone plant, in the city of Zhengzhou in Henan province.
Foxconn to double workforce, investment in India by ‘this time next year’
Canada's economy was flat in July, new GDP numbers from Statistics Canada show – CBC News
Bob Rae says he 'took comfort' after Indian diplomat approached him to discuss Nijjar case – CBC News
Canada's economy was flat in July, new GDP numbers from Statistics Canada show – CBC News
Silver investment demand jumped 12% in 2019
Search for life on Mars accelerates as new bodies of water found below planet’s surface
Iran anticipates renewed protests amid social media shutdown
Business23 hours ago
‘We are not there yet’: Metrolinx refuses to give end date for long-overdue Eglinton Crosstown LRT
Economy23 hours ago
German Economy to Shrink 0.6% in 2023 Before Wages Drive Rebound
Art14 hours ago
Details of the Pokémon/Van Gogh art museum crossover are just as adorable as we’d hoped【Pics】
News17 hours ago
Canadian immigration consultant’s plan to open India office paused due to political turmoil
Business22 hours ago
Alberta sets Canadian record for annual net interprovincial population growth: StatCan
Art18 hours ago
Scalpers Are Ruining A Pokémon Art Exhibit
Art13 hours ago
Pokemon partners with Van Gogh Museum for adorable TCG art collab
News22 hours ago
What are Canada’s most popular baby names?