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3rd STARTUP INDIA INVESTMENT SUMMIT- SHENZHEN 2019

Category: BUSINESS

3rd STARTUP INDIA INVESTMENT SUMMIT- SHENZHEN 2019

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.

MEETING PROFESSOR CAI KAN FROM TSINGHUA UNIVERSITY

Venture Gurukool hosted Professor Cai Kan from Tsinghua University PBC School of Finance, who visited our office for an interaction to further alliances.

Tsinghua University is a major research university in Beijing, China and a member of the elite C9 League of Chinese University. The PBC School of Finance (PBCSF) was founded as a joint venture between the University and the People’s Bank of China (PBC).

Venture Gurukool was delighted to have Professor Kan over for an insightful session regarding future tie-ups and exchange programmes under their curriculum.

The School has various engagement programs one of them being the Chinese Entrepreneur Camp that aims to arouse the nation’s awareness of entrepreneurship and enhance its entrepreneurial capacity.

Considering India as the biggest neighboring market for the entrepreneurs and developing an ecosystem for start-ups. It provides as a platform yielding an abundant learning experience.

India has the 2nd largest startup ecosystem in the world, with over 20,000 startups in India and around 4,750 of these being technology led startups. The large population implies a prospective market for potential Entrepreneurs and Investors, aiming to maximize by tapping the available resources and manpower. In the present decade, India is undertaking an essential shift towards startup welcoming policies and a business-friendly environment.

As incubators and accelerators, Venture Gurukool provides a host of portfolio management services, impact mentorship, and fundraising assistance for its portfolio companies which helps in preserving and driving the value of the start-up and increasing the odds of earning better than normal ROI in the medium term.  The rise of the Indian Startup Ecosystem is momentous and holds a tremendous amount of opportunities. It is our responsibility to look forward to building our Startup community by nurturing new ventures and encouraging the vision of young entrepreneurs by building an international network for wider opportunities and scalability.

We look forward to future collaborations with the University and hosting more such events and cross-border exchanges for entrepreneur learning programmes and workshops.