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India Japan Partnership Group Holds "India Japan AI and Fintech Forum" in Tokyo

ANI  |  Mumbai (Maharashtra) [India] 

Partnership Group held the first AI and Fintech Forum in central district of led by Mr. Sanjeev Sinha, Graduate and Founding of

The venue of the forum was chosen as the erstwhile Economic Zone, which was co-founded in 2009 by Mr. of Sun and Sands Group, which has now expanded into India Japan Partnership Group, along with and Tohmatsu, to help Indian companies with collaboration and funding from Japan. The India Economic Zone had InMobi from India as its first tenant which received the first major funding to India from of 200 million USD in a couple of years. The forum attended by industry, government and academic leaders in the domain emphasized the need for India Japan collaboration in the areas like AI and like Fintech, Blockchain, IoT and Cyber Security.

Mr. opened the AI and Fintech Forum narrating the flow of India-Japan collaboration in the over last 2 decades. Mr. Sinha who first arrived in Japan in 1996 for R&D in AI, especially in the autonomous driving systems, shared with the audience how the lack of human resource exchange between India and Japan led to the creation of in starting with a major R&D order from the top Japanese automaker. Mr. Sinha explained how he founded and led the IIT Alumni in Japan which is known for phenomenal enhancement of the reputation and presence of Indian human resource in Japan from all walks of life.

A major IIT Alumni Conference in 2007 by Mr. Sinha on the advice of the then of and Padma Shri awardee Prof. Sanjay Dhande, former and Mr. Arjun Malhotra, initiated the process for Japanese collaboration with The conference in 2007 was hosted at with Prof. as the incumbent and well attended by a group of Japanese industry, government and academia who continue to be a core supporting group from Japan for

Prof. Yuichiro Anzai, who is now the of under the of Japan Society for Promotion of Sciences, followed the opening remarks of Mr. Sinha at the India-and Fintech Forum. Prof. Anzai described the need for cross-ministerial collaboration in Japan for effectively working with India.

Mr. Komiya Yuji, former Managing Partner of Capital, of and now Managing Partner of within India Japan Partnership Group, introduced the potential for investments and technical collaboration for whose Mr. visited Japan from in India for the AI and Fintech Forum.

Mr. Saket Dandotia's presentation was very well received by the Japanese audience on the wide range of AI and Blockchain based technologies from India including deep-learning based recognition and of merchandise in normal videos, code-named Toch, and agricultural surveillance using drones and image analysis. While the Japanese audience expressed a pleasant surprise at the cutting-edge product development by an Indian company Linkites, Mr. Dandotia also presented how India can help Japan in its need for IT human resource.

Mr. Norio Ichihashi, the of which is now a 15 billion USD world leading company in autonomous driving systems, further elaborated at the India Fintech Forum on the need of Japanese collaboration with India in the field of AI and a wider range of IT. He presented how which he has founded along with Mr. Sinha has been working on the process, including education, and is keen to collaborate with IITs in India.

Mr. former from Mizuho Securities, Mr. former from and and Mr. a bilateral AI expert, all now partners with India Japan Partnership Group, made closing remarks on the need of combining the human, financial and intellectual capital for India-Japan collaboration and also introduced Sakura Buddha Advisors Co. Ltd., a new based in New Delhi, for the much needed promotion and information exchange across the two countries.

Mr. Sanjeev Sinha, formerly with Goldman Sachs, and in Japan for (Mutual Funds) and and Infrastructure (PE Fund) with more than a Billion USD AUM from Japan now heads focused on funding bilateral collaboration projects. The forum is expected to lead to a broad range of collaboration between India and Japan in which will be the potential beneficiary of the fund.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 11 2018. 20:05 IST