BCG Digital Ventures Launches New Innovation Facilities in India and Morocco

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MUMBAI, India & NEW DELHI–(BUSINESS WIRE)–BCG Digital Ventures (BCGDV), the company innovation and business-building arm of Boston Consulting Group (BCG), is opening innovation facilities in New Delhi, Mumbai, and Casablanca, inserting BCGDV in fast-growing ecosystems for pioneering expertise, synthetic intelligence (AI), and startup creation.

BCGDV will be a part of a longtime BCG community presence in India and Morocco, creating the chance to leverage the mixed efforts of BCGDV with BCG GAMMA and BCG Platinion to remodel key markets and industries in every nation. The market enlargement into each international locations enhances BCGDV’s robust monitor document in constructing and launching game-changing companies for main private and non-private organizations across the globe.

Morocco is more and more changing into a launch pad for modern high-tech firms, and India’s startup ecosystem is the third largest on the earth, after the US and China. Each India and Morocco are enormously fertile grounds for tech entrepreneurs and include super alternative for digital and local weather innovation.

“India is house to the fastest-growing startup market on the earth,” says Nipun Kalra, a BCG managing director and associate and the brand new BCGDV India Middle lead. “BCG Digital Ventures will additional increase on BCG’s established presence within the area, working with main home and worldwide firms to remodel a variety of industries from the within out.”

“Africa presents quite a few alternatives for digital innovators to make use of AI and different rising applied sciences for bettering entry to training, healthcare, monetary companies, and power,” provides Hamid Maher, a BCG managing director and associate and the brand new DV Casablanca Middle lead. “By leveraging modern applied sciences, BCG Digital Ventures is uniquely positioned to unlock the potential of our purchasers and create extraordinary impression within the area.”

All of BCGDV’s international facilities are purpose-built for innovation, encouraging unmatched collaboration between BCG’s international groups and purchasers. With the launch of the facilities in India and Morocco, BCGDV could have a worldwide presence in 12 international locations with 16 facilities in Berlin, Casablanca, Chicago, Dubai, London, Los Angeles, Mumbai, New Delhi, New York, Paris, Riyadh, Shanghai, Shenzhen, Singapore, Sydney, and Tokyo.

“When choosing new markets for enlargement, BCG Digital Ventures seeks areas that provide variety of thought, cutting-edge expertise functions, and alternatives for development,” in accordance with Stefan Gross-Selbeck, international managing associate of BCG Digital Ventures. “Most significantly, we search for locations the place we will make a big impression on the individuals, expertise, and society as a complete—which is why we’re significantly excited in regards to the alternatives to drive actual change with our new areas in India and Morocco.”

About BCG Digital Ventures

BCG Digital Ventures (BCGDV) is the company innovation and digital enterprise constructing arm of Boston Consulting Group. The group invents, launches, scales, and invests in industry-changing new companies with the world’s most influential firms. BCGDV’s various, multidisciplinary crew of entrepreneurs, operators, and traders work cross-functionally, quickly shifting from concept to market in lower than 12 months. Based in 2014, the group has 16 Innovation Facilities all over the world. www.bcgdv.com

About Boston Consulting Group

Boston Consulting Group companions with leaders in enterprise and society to deal with their most necessary challenges and seize their best alternatives. BCG was the pioneer in enterprise technique when it was based in 1963. As we speak, we work intently with purchasers to embrace a transformational method aimed toward benefiting all stakeholders—empowering organizations to develop, construct sustainable aggressive benefit, and drive optimistic societal impression.

Our various, international groups convey deep {industry} and practical experience and a spread of views that query the established order and spark change. BCG delivers options by modern administration consulting, expertise and design, and company and digital ventures. We work in a uniquely collaborative mannequin throughout the agency and all through all ranges of the shopper group, fueled by the purpose of serving to our purchasers thrive and enabling them to make the world a greater place.

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