New Delhi [India], July 27 (ANI-NewsVoir): Venture Garage on Friday organised "Find Your investor" (FYI) programme in Chandigarh in association with Kotak Mahindra Bank (Kotak).
In addition to educating start-ups on the nuances of raising capital and banking, legal needs during a fund-raise the FYI Programme also doubled up as a platform for the new-age entrepreneurs to interact with investors one-on-one, enabling them to meet the right investor(s). Over 100 start-ups and 10 investors participated in the event.
RK Verma, IAS and Principal Secretary, Industry & Commerce, Govt. of Punjab was the Chief Guest of the event. He talked about the efforts of the government to enable entrepreneurship in Punjab. He was also part of the Panel Discussion along with 4 other prominent investors - Aayush Jain of Unicorn India Ventures, Vivek Kumar of Venture Garage and Reekrit Serai and Ashish Grover of Chandigarh Angels Network. The panelists shared insights on parameters to consider when finding the right investor for a venture. The discussion also covered topics such as active vs. passive investment, strategic vs. pure financial investment etc.
"We strive to enable entrepreneurship in India by handholding startups that aim to revolutionise various sectors with the use of technology. Our goal is to identify high potential startups and assist them with fund raising, go to market, strategic guidance/mentorship and technology," said Vivek Kumar, CEO of Venture Garage.
"With this event, Venture Garage is proud to launch its services for startups in Punjab. Our team will be making regular visits to the state to interact with startups and provide them mentorship and fund raising support apart from enabling the ecosystem by doing more events," said Managing Partner of Venture Garage, Vineet Sagar.
"Being a start-up is akin to taking the road less travelled. The challenges are aplenty - from idea generation and formulating business strategy to fund raising, market outreach and focusing on execution in the midst of all the challenges that start-ups face, we are leveraging our expertise in the area of banking and finance, to extend a seamless experience to entrepreneurs. Our custom-made solution for start-ups - the Kotak Start-up Current Account, allows entrepreneurs to manage their banking and other business-related requirements more efficiently," said Senior Executive Vice President, Kotak Mahindra Bank, Puneet Kapoor.
The FYI programme is being organised in four cities - Gurgaon (18th July), Chandigarh (26th July), Jaipur (10th August) and New Delhi (31st August). (ANI-NewsVoir)