Venture Gurukool’s 3rd Startup India Investment Summit was organized from 26th Nov 2019 to 1st December 2019 in collaboration with The Indian Embassy, Beijing and The Indian Consulate General in Shanghai and Guangzhou.
Apart from the startup pitches and seminar, the participating start-ups were also provided with an exclusive opportunity of Company visits to major Chinese Internet Companies in order to promote Chinese industry experience and know-how.
Indian startups visited the Huawei campus in Shenzhen. Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. A leading provider for telecommunications equipment and consumer electronics, smartphones, etc. The delegation was exposed to learn & understand the growth and adoption of the 5G technology spectrum.
In Beijing, Indian startups met and interacted with a host of companies such as:
Xiaomi- Chinese Electronics Company which makes and invests in smartphones, mobile apps, laptops, earphones, MI Television, fitness bands, and many other products. Xiaomi is the youngest company on the Fortune Global 500 List for 2019. It is also the world’s 4th most valuable technology start-up. In 2018, Xiaomi was the leading smartphone brand in India.
Bytedance- An internet technology company that enables in discover a world of creative content platforms that inform, educate, entertain and inspire people across languages, cultures, and geographies powered by leading technology. Dedicated to building global platforms of creation and interaction, ByteDance now has a portfolio of applications available in over 150 markets and 75 languages. For example, TikTok, Helo, Vigo Video, Douyin, and Huoshan.
TAL Education-largest public listed Education Company in the world. TAL empowers ed-tech companies around the globe through strategic investment.
Zhenfund- a seed-stage focused venture fund with over $1 billion under management since founded in 2011 by Bob Xu and Victor Wang, in collaboration with Sequoia Capital China. It has over 600 portfolio companies out of which 10 are unicorns based in China such as Ofo, Meicai, VIPKID, URWork, Yitu Technology, Hero Entertainment, etc.
Kunlun Capital- a value-oriented and fundamentally driven investment management firm.
Apus- Chinese Technology Company specializing in Android development and information services. The company’s main product is APUS User System (also known as APUS Launcher), along with other series products (APUS User System, APUS Booster+, APUS Browser, APUS Message Center, APUS Flashlight, etc.). It is one of the world’s top 10 developers in mobile applications.
K2VC- An early-stage focussed investment fund targeting technology start-ups in China, focuses on promoting change and technological progress, innovative business models and lifestyles.
Rong360- A Public Listed Fintech Company providing customized financing and loan services enabling users to search and compare loan products from various banks and lending agencies. Rong 360 allows users to make direct contact with bank business personnel while building an all-around direct selling platform of financing and loan products.
AdView- AdView Mobile Exchange now is not only the largest independent mobile ad exchange in China but also a leading global mobile supply-side platform. The World’s Leading Comprehensive Mobile Monetization Platform for Publishers.
360 Finance- 360 Finance is one of the largest FinTech companies in China. It serves millions of consumers with various types of saving products and loan services. By leveraging a massive 800 million user base, 360 Finance is able to quickly and exponentially grow its user base, while building a comprehensive risk management platform.
Fornet Services- A leading laundry business chain in China that has made remarkable achievements in scale and standardization with more than 1500 stores spread over 320 cities in 31 provinces and cities across China. Fornet has been committed to providing customers with a full range of cleaning services, such as door-to-door carpet and fabric sofa cleaning, curtains, creative customization and embroidery services to meet the needs of different customers.
The educative sessions focus on building an understanding of the Chinese workspace, promote communication between representatives from both the countries and establish networking relations with corporate leaders from major firms in China and emerging start-up entrepreneurs from India.
The experience altogether will indeed have an everlasting impact on the amount of knowledge, skill and experience share for the choicest entrepreneurs from India. The entire visit accounted for a unique experience with the Chinese industry experts and market leaders.
Venture Gurukool strives to promote and engage in holding such cross-border interactions between investors and entrepreneurs where they can and learn & grow in order to bring together a vibrant startup ecosystem in India.