Dubai a hub of GCC’s most promising startups – Gulf Today

  • Date: 03-Jun-2023
  • Source: Gulftoday.ae site:gulftoday.ae
  • Sector:Technology
  • Country:UAE
  • Who else needs to know?

Dubai a hub of GCC’s most promising startups – Gulf Today

The UAE-based retail tech startup Hulexo won the Asia’s largest startup competition in Dubai.

The UAE-based retail tech startup Hulexo won the Asia’s largest startup competition in Dubai and got share of the top US$100,000 prize. The vibrant competition underlines Dubai’s status as a regional hub for startups and entrepreneurs seeking knowhow, capital and a thriving market.

The competition Eureka organized by IIT Bombay's Entrepreneurship Cell and powered by Gulf Islamic Investments (GII) received 150 business plans from budding business founders. Twenty-seven early-stage entrepreneurs participated in a five-week on-the-house entrepreneurship training programme, comprising customized workshops on effective business planning and personalized mentoring from seasoned industry professionals.