May 12, 2022
The five startups are focused on areas such as healthcare, fintech and metaverse.
The list of startups was announced before WEF’s annual meeting in Davos from May 22-26.
Also, for the very first time, around one-third of these organizations are women-led, ranking well above the industry average.
The 2022 Tech Pioneers are based in 30 countries including Vietnam, Rwanda, and the Czech Republic being represented for the very first time.
Around hundred emerging new startups have joined the Technology Pioneers community, out of which 5 startups are from India, according to the World Economic Forum. These tech-based startups are focused on various sectors such as healthcare, finance and metaverse.
Vahan, one of the five Indian startups is a marketplace for blue-collar workers; SmartCoin, a Fintech platform, focuses on empowering the underserved along with Recykal, Asia’s first circular economy marketplace. On the other hand, Proeon is helping build a sustainable environment for next-generation plant proteins for a better taste, texture and nutritional value and Pandocorp is fast logistics cloud service enabling faster supply chains.
The list of startups was announced before WEF’s annual meeting in Davos which is to be held from May 22-26.
Emerge, a startup focused on improving virtual interactions via a tactile effect enabled device has also been included in this year’s list of startups. Others include Ampd Energy, a startup focused on reshaping the construction industry by introducing battery energy storage systems and Alife, which is trying to improvise the success rate of in vitro fertilisation (IVF) by making use of Artificial Intelligence (AI). Also, for the first time, around one-third of these organizations are women-led, ranking well above the industry average.
The 2022 Tech Pioneers are based in 30 countries including Vietnam, Rwanda, and the Czech Republic which are being represented for the very first time. The five Indian startups join some renowned names such as Airbnb, Google, Mozilla, Spotify, TransferWise, Kickstarter, Twitter and Wikimedia who were part of the earlier cohorts.