Facebook will celebrate Indian stories of founders and leaders, as it will organize its first ever India Startup Day on 9th October. Facebook will hold an event in a bid to recognize India's thriving startup ecosystem, where start up founders and leaders will share their stories of applying technology to solve current and future problems.
The event will be live-streamed on the social networking website.
According to a statement by Facebook, the India Startup Day will also see key business, policy leaders and aspiring startups discuss opportunities and challenges of the new generation of entrepreneurs.
Facebook said, “As the third largest startup destination globally and with one of the fastest-growing base of developers in the world, India is on a journey to usher in rapid advances in technology and economic growth.”
Facebook is already working with the startup ecosystem in the country, empowering businesses across industries through several programs and initiatives.
Facebook will also hold awards to felicitate the startups on India Startup Day, which includes categories like, She Leads Tech, Building for the World, Building for Tomorrow, and Building for the Next Billion and Community Builder.
The Startups can apply for the awards by filling a form on the official website for the event. Facebook says the startups’ solutions will be “judged against their innovativeness, the traction/disruption they have created in their individual fields, and the potential for future impact.”
The finalists will be selected by a jury of industry experts and stakeholders as well as Facebook. The finalists will pitch to the jury on 6th October in Bengaluru, and the winners will be announced on 9th October.