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London mayor's promotional agency to open office in Bengaluru in Feb

Last Updated : 06 December 2017, 19:35 IST
Last Updated : 06 December 2017, 19:35 IST

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London & Partners (L&P), the promotional agency of the London mayor, will set up its office in Bengaluru in February.  

The opening of the office will further enhance the relationship between two startup ecosystems, David Slater, Director of International Trade and Investment,  L&P, told  DH.    

"London and Bengaluru are hotbeds of the startup ecosystem. If the talent pool of these destinations interacts each other on a wider scale, it will help in creating ideas which will solve global problems," he added.  

He further said London gave necessary access to Indian tech companies to reach out a  wider audience. "Our decision to open a new office in Bengaluru will help us reach key decision-makers in  India and support our continued drive to help Indian businesses expand and internationalise in  London," he added.  

The announcement has been made to coincide with the visit to Bengaluru of a trade delegation of  London  business leaders and tech entrepreneurs from the Mayor of  London's  International Business Programme.

The visit is part of the wider trade mission to  India this week led by London Mayor Sadiq Khan, who also met business leaders and politicians in Mumbai and Delhi earlier this week.

India  remains the second biggest foreign investor into  London, with Indian firms creating over 4,500 jobs in the UK capital over the last 10 years - more than China, Japan and second only to  the United States.  

According to  London  & Partners investment data, technology is the leading sector for investment from  India into London, representing almost half (47%) of all investment projects in the past  10 years.

Companies travelling on the trade mission include  Baby2Body, an online platform which provides advice for new and expectant mothers,  Spotify, a digital music streaming service, and  Winnow, a tech company which helps chefs measure, monitor and reduce kitchen food waste. Winnow has announced a partnership with Indian sustainability leader Diversey to fight food waste in the Indian hospitality sector.

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Published 06 December 2017, 19:32 IST

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