Venture Gurukool held its Annual Startup India Investment Summit in Shenzhen on 26th November 2019 at Kempinski Hotel hosted by the Consulate General of India, Guangzhou in collaboration with the Startup India Association (SIA). This was the first time Venture Gurukool held the summit in Shenzhen. Over 120+ audience representing Venture Capital funds based out of South East Asia as well as Family Offices participated in the day-long pitching sessions and seminar.
Venture Gurukool showcased startup ventures transforming the everyday economy and day to day transactions of an average Indian through the mobile internet ecosystem. Rising smartphone penetration in India has given the opportunity for these ventures to digitally transform traditional business.
Mr. Mahendra Swarup introduced the Indian start-ups which were showcased in Shenzhen : Leadstart (Media), Toch (Media), Gizmobaba (Ecommerce), InstaSolv (Ed-tech), Meddo (Healthtech), Onco (Healthtech), Wellthy Therapeutics, EpayLater (Fintech), Karbon (Fintech), Rentomojo (Shared Economy), Yumlane (Food), Stadhawk (Services), 9Stacks (Gaming), AdvantageClub (HR Tech/Saas).
Delivering the inaugural remarks, Mr. Sujit Ghosh, Consul General of India made the case for India’s young demography, rapid economic growth, and internet penetration to highlight the tremendous opportunity for China to participate in the India growth story by investing in the high-quality Indian startups showcased at the event.
There was an investor panel discussion whereby existing Indian and Chinese investors involving Mr. Mahendra Swarup, Founder of Venture Gurukool, Manu Rikhye, Partner, GrowX Ventures and Lina Shen, Managing Partner, Synapse Partner had a highly engaging discussion about the Indian startup ecosystem and the unparalleled opportunities it offers to investors and innovators.
Several of Venture Gurukool’s portfolio and network companies had close discussions with strategic and financial investors in Shenzhen. Our start-up summits are great conduits for startups to interact, engage and take back learnings from the ecosystem in China. This year the summit was held in Beijing, Shanghai, and Shenzhen in collaboration with the Indian Embassy and the Consulate General of India in Guangzhou (Shenzhen) and Shanghai.