Venture Gurukool celebrated the Chinese Mid-Autumn festival, a symbol of harmony and unity with our Chinese companions.
The 24th of September 2018 marked the onset of the Chinese Mid-Autumn Festival or fondly known as the Moon festival which is a harvest festival that focuses on the spirit of gratitude, celebrated notably by the Chinese and Vietnamese people. The festival is held on the 15th day of the 8th month of the lunar calendar with a full moon at night.
The Mid-Autumn Festival is a fall festival with origins in moon-worship that marks the turning of the seasons and life’s cycles between new and old. The holiday is one of the three big festivals designated for the living. It is the second grandest festival in China after the Chinese New Year.
The festival celebrates three fundamental concepts that are closely connected:
• Gathering, such as family and friends coming together, or harvesting crops for the festival. It’s said the moon is the brightest and roundest on this day which means family reunion. And this is the main reason why people think mid-autumn is important.
• Thanksgiving, to give thanks for the harvest, or for harmonious unions
• Praying (asking for conceptual or material satisfaction), such as longevity, or for a good future.
On the festival day, family members gather to offer sacrifice to the moon, appreciate the bright full moon, eat moon cakes, and express strong yearnings toward family members and friends who live afar.
A notable part of celebrating the holiday is the carrying of brightly lit lanterns, lighting lanterns on towers, or floating sky lanterns. Another tradition involving lanterns is to write riddles on them and have other people try to guess the answers.
Making and sharing mooncakes is one of the hallmark traditions of this festival. In Chinese culture, a round shape symbolizes completeness and reunion. Thus, the sharing and eating of round mooncakes among family members during the week of the festival signifies the completeness and unity of families
Some regions like Hong Kong hold dragon and lion dances, which draw many participants and spectators.
The unique customs of ethnic minorities are interesting as well, such as “chasing the moon” of Mongolians, and “steal vegetables or fruits” of the Dong people.
Venture Gurukool wishes our friends and colleagues in China a very happy & prosperous Mid- Autumn festival 2018.
Venture Gurukool organized an interactive introductory session with Ms. Laura Zhang from Baidu Ventures as a step towards strengthening relationships between the Indo-china hub of investors and start-ups.
The meeting was organized in line with Venture Gurukool’s vision of facilitating cross-border exchange between India and China, helping Indian start-ups with Chinese experience and connecting entrepreneurs, enterprises and investors from domestic and International markets to accelerate success.
Our guests were welcomed warmly and introduced to the trends in the Indian market and the role of Venture Gurukool as an early stage start-up investor in the Indian ecosystem, whereby venture Gurukool gave an introduction on all its portfolio companies.
This was followed by one on one engagement with:
Olly Credit: AI-based risk assessments and underwriting. One of a kind proprietary machine learning algorithm works on user behavioral patterns.
NFX.AI: NFX Digital has created the world’s first online research game platform, adytude.com. The machine uses Big Data and AI to sort information required to prepare research reports.
Roar Media: Roar Media is a new media platform and content producer that offers coverage and analysis of current affairs, business, lifestyle, technology, arts, and culture in South Asia, across five languages in India, Sri Lanka and Bangladesh.
Next, there was a visit conducted to the IIT Delhi Start-up Incubation Centre where our team and Ms. Laura met Professor Anil Wali, Managing Director IIT Delhi Incubation Cell and took a trail through their highly Innovative Start-up cohort.
Through our strategic tie-ups in India and overseas, Venture Gurukool plugs the gap between investor’s expectation and reality by offering capital and other hosts of services and facilities alongside building a community which fosters the spirit of entrepreneurship and improves the odds of success for an early-stage company.
We look forward to hosting such interactions that help build vital relationships between the Indo-China start-ups and investor ecosystem.
Venture Gurukool played hosts to a delegation of Chinese Investors and Entrepreneurs at their Delhi office.
The meeting focussed on how Chinese investors are aggressively making roads into India, especially via the start-up route and opportunities available to leverage from the Indian Tech Talent. The two markets show similar cultural demographics due to their geographic proximity and both the countries exhibit best in class tech and start-up teams.
China has emerged as one of the fastest-growing sources of Foreign Direct Investment (FDI), in the Indian start-up scenario. For Chinese investors, Indian start-ups present a range of opportunities like familiar and already tested business models and finance-based association.
Also, leveraging with the Chinese ecosystem with the help of investors is turning out to be a game-changer for the Indian start-ups in terms of knowledge sharing and not just sourcing capital. Chinese entrepreneurs are ahead of their Indian counterparts and therefore give local entrepreneurs an opportunity to learn and grow.
The cross-country tie up focusses on developing relationships between India and China.
Our team along with Mr. Swarup, Founder, Venture Gurukool came into discussion with Tony Li, Founder and Investor, Geek 2 Start-up and Jocelyn from IMX Exchange, along with them were Vivek Zhang, Ex-CMO, VIVO India, Chandler Guo, Silicon Valley Investor, and Huanqing, AR & VR Expert, who were also a part of the session to learn more about India’s rising economy and scope for building a successful start-up. Tony also represented start-ups Ones.AI and Liulishuo, looking toward the India opportunity for similar ventures to which Mr. Swarup provided insights for the strategies and course plan that could be followed.
Towards the end, the delegation worshipped Ganesha, the lord of wisdom by lightening diyas and were fascinated to learn more about India’s religious traditions and norms.
As our main goal at Venture Gurukool, we endorse India-China Innovation hub that strives towards providing access to a comprehensive network of investors and strategic players in India and China for strong, balanced founding teams working on a compelling value proposition by catering them to the best of industry leaders from every vertical and gain from them. Through such interactive meetings, we connect potential investors and start-ups to bring together a vibrant ecosystem.
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