MUMBAI, INDIA & NEW DELHI–(BUSINESS WIRE)–BCG Digital Ventures (BCGDV), the business innovation and business creation arm of Boston Consulting Group (BCG), is opening innovation centers in New Delhi, Mumbai and Casablanca, placing BCGDV in fast-growing ecosystems for pioneering technology, artificial intelligence (AI) and startup creation.
BCGDV will join an established BCG Network presence in India and Morocco, creating the opportunity to leverage BCGDV’s combined efforts with BCG GAMMA and BCG Platinion to transform key markets and industries in each country. Market expansion in both countries reinforces BCGDV’s strong track record in building and launching breakthrough businesses for leading public and private organizations around the world.
Morocco is increasingly becoming a launching pad for innovative high-tech companies, and India’s startup ecosystem is the third largest in the world, after the United States and China. Both India and Morocco are extremely fertile ground for tech entrepreneurs and harbor huge opportunities for digital and climate innovation.
“India is home to the fastest growing startup market in the world,” says Nipun Kalra, Managing Director and Partner at BCG and new Head of BCGDV India Center. “BCG Digital Ventures will further expand BCG’s established presence in the region, working with leading national and international companies to transform a wide range of industries from within.”
“Africa presents many opportunities for digital innovators to use AI and other emerging technologies to improve access to education, healthcare, financial services and energy,” adds Hamid Maher, general manager and partner of BCG and new manager of the DV Casablanca Center. “By leveraging innovative technologies, BCG Digital Ventures is uniquely positioned to unlock the potential of our clients and create extraordinary impact in the region.”
All of BCGDV’s global centers are purpose-built for innovation, encouraging unparalleled collaboration between BCG’s global teams and clients. With the launch of centers in India and Morocco, BCGDV will have a global presence in 12 countries with 16 centers in Berlin, Casablanca, Chicago, Dubai, London, Los Angeles, Mumbai, New Delhi, New York, Paris, Riyadh, Shanghai, Shenzhen, Singapore, Sydney and Tokyo.
“When selecting new markets for expansion, BCG Digital Ventures looks for locations that offer diversity of thought, cutting-edge technology applications, and opportunities for growth,” according to Stefan Gross-Selbeck, Global Managing Partner of BCG Digital. ventures. “Most importantly, we are looking for places where we can have a meaningful impact on people, technology and society as a whole, which is why we are particularly excited about the opportunities to drive real change with our new sites in India and Morocco. ”
About BCG Digital Ventures
BCG Digital Ventures (BCGDV) is the business innovation and digital business creation arm of Boston Consulting Group. The organization invents, launches, scales and invests in groundbreaking new ventures with the world’s most influential companies. BCGDV’s diverse and multi-disciplinary team of entrepreneurs, operators and investors work cross-functionally, moving quickly from idea to market in less than 12 months. Founded in 2014, the organization has 16 innovation centers around the world. www.bcgdv.com
About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to address their biggest challenges and seize their biggest opportunities. BCG pioneered business strategy when it was founded in 1963. Today, we work closely with our clients to take a transformational approach aimed at benefiting all stakeholders, enabling organizations to grow, create a sustainable competitive advantage and have a positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that challenge the status quo and spark change. BCG delivers solutions through cutting-edge management consulting, technology and design, and digital business and enterprise. We work in a uniquely collaborative model across the business and across all levels of the client organization, fueled by the goal of helping our clients thrive and empowering them to make the world a better place.