The Ministry of SMEs and Startups headquarters at Government Complex Sejong
The Ministry of SMEs and Startups held the inaugural "K-Founder Network in India" forum in India on Monday, bringing together roughly 70 Korean startup founders, local venture capitalists, accelerators and government officials.
The K-Founder Network is a government-backed initiative designed to help Korean entrepreneurs operating abroad build self-sustaining communities.
The ministry plans to connect early-stage Korean startups with established founders already active in target markets, reducing the trial-and-error of overseas expansion. India is the pilot country, with expansion to France, China and the United States planned later this year.
The network, launched in April, is chaired by Lee Cheol-won, CEO of Affinit, a Korea-founded fintech company operating in India.
