First India-Israel Innovation Centre Opens in Bengaluru

The country’s first India-Israel Innovation Centre (IIIC), an entrepreneurial technology hub, was launched in Bengaluru. The IIIC is a significant step towards facilitating penetration of Israeli companies in India and aims to forge local partnerships and joint ventures between companies from the two countries.
It will provide an ecosystem to support entrepreneurship, partnership with vendors, mentoring and non-formal community development that will assist the growth of the companies in different verticals and covers business, technology, investors and customers.
Source- The Hindu Business Line
Static/Current Takeaways Important for IBPS PO Exam 2018- 
  • Israel Capital- Jerusalem,   Currency- Israeli new shekel.
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