BIZ-BSE-KAZAK

Kazak seeks BSE help for startups, international exchange
    Kolkata, Apr 21 (PTI) Kazakhstan has evinced interest
in the startup and incubation platforms developed by the BSE,
a top official of the bourse said.
    The Kazak Ambassador to India, Bulat Sarsenbayev, had
recently approached the BSE for assistance in implementing the
startup models at the Kazak Stock Exchange, BSE MD and CEO
Ashishkumar Chauhan told PTI.
    "We will be delighted to provide necessary support,
training and technology in consultation with the Ministry of
External Affairs," Chauhan said.
    The BSE has three platforms for startups - incubator
in collaboration with Ryerson University and Simon Fraser
University of Canada, SME platform with close to 300 listed
companies, and a startup platform for new hi-tech companies to
get listed, Chauhan said.
    "We are interested in the startup and incubation
platforms developed by the BSE. We have held some initial
talks in this regard," Sarsenbayev said.
    In addition, the success of the BSE-promoted India
International Exchange at Gift City in Gujarat is also of
interest to Kazakhstan, the head of the country's oldest
bourse said.
    Since there is no financial implication from such
services and consultancy, assistance can be provided on a
friendly, bilateral understanding.
    "Preliminary discussions are underway. Usually, BSE
provides training and other help to exchanges of other
countries on friendly basis," Chauhan added. PTI BSM SBN RBT
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