Last week London was filled with tens of thousands of tech enthusiasts celebrating London Tech Week. Along with showcasing the ground-breaking innovations emerging from across our capital, London Tech Week is now a truly international affair, drawing delegates, politicians and business leaders from across the globe to explore the events and network.
The UK-India Tech Summit was a prime example of this. From talent to trade, and innovation to investment, the event sought to look at the growing collaborative relationship between the two leading nations in the technology sector.
Individually both countries are thriving in this space, and as the UK and Indian governments demonstrate an ever-increasing commitment in the sector, we can expect an impressive boom of bilateral trade over the coming decade.
In the UK, the tech sector is going from strength to strength. Tech Nation announced this week that since London Tech Week last year 13 new unicorns – technology companies worth more than $1bn – have been created, bringing the total number in the UK to 72. At 18, London has more FinTech unicorns than San Francisco, and the most in Europe.