INVESTMENT ROADSHOW

Furthering Government of India’s agenda of fostering innovation and entrepreneurship among Indian youth, Embassy of India in China, in partnership with Startup India Association (SIA) and Venture Gurukool organised 2nd Startup India Investment Seminar on 12 November 2018 in Beijing. The 1st Startup India Investment event was organised in November 2017.

42 Indian entrepreneurs representing 20 Indian startups, namely Indian startups Tripshelf (travel), OfficePass (Rental Solution), Snapmint (shopping/merketing), Sattviko (Food), Roar Media (Media), Roadpiper (logistics), Numbermall (ecommerce), NirogStreet, (Ayurveda), Moengage (marketing), log9 Materials (new energy vehicle), Eremedium (health-education), HomeCapital (housing finance), HalaPlay (online gaming), Grabonrent (rental solutions), Golive Games (online gaming), Eshopbox (e-commerce), Confirmtkt (travel), Ambee (environment), Scholr (education), Bisbo (media) – participated in the event and made pitch before Chinese investors to make investments in their ventures. More than 350 audience, mostly representing Chinese Venture Capital (VC) funds, angel investors participated in a day long pitching session and seminar.

Mr Prashant Lokhande, Counsellor (Economic and Commerce) welcomed the audience and thanked SIA, Venture Gurukool, Zhunguancun Private Equity & Venture Capital Association (ZVCA) and Beluga Global for their support for organising the event. Mr Jason Wang, President ZVCA and Ms Joanna Hao of Beluga Global appealed the Chinese VCs for greater exchanges between Indian and Chinese startup ecosystems. Delivering special remarks Mr Acqino Vimal, Deputy Chief of Mission made an argument that India’s young demography, rapid economic growth & fast pace urbanisation & its challenges work as hotbed for growth of Indian entrepreneurs and startup ecosystem, as well as provide them opportunity for offering unique, innovative, and affordable solutions for these challenges. He mentioned that Chinese investors should take part in the development process of India growth story through investing in Indian startups. Mr Zheng Bin, CEO of ICBC India shared ICBC’s experience in India, gave an overview of Indian startup ecosystem and how to invest in it. He also informed that ICBC India has established a US$200 million fund for investing in promising Indian MSMEs and ventures. Mr Kartick Maheshwari of Khetan & Co. gave a presentation on regulatory framework in India.

During the seminar, a report “India – China: Startups & Beyond” by KPMG giving detailed account of Indian startup ecosystem and why it is right place for making venture investments, was unveiled. To discuss effective strategy for Chinese VCs to enter Indian startup market and share experience of VCs about the Indian startup ecosystem, a panel discussion was organised, involving Mr Ashish Wadhwani (Ivy Cap Ventures), Mr Pei- Fu Hsieh (01 VC), Mr. Pan Song (QiGoal Capital) and Mr Mahendra Swarup (SIA) as panellists and moderated by Mr. Gurpreet Singh (ATM Ventures).

The event was planned to expose Chinese VCs and investors to the promising Indian startups on one hand while on other hand helping Indian startups to reach out to the huge Chinese investors community for receiving investment for growth of their companies. In the 1st Startup India Investment seminar, 12 Indian startups participated out of which 4 secured funding from the Chinese VCs to the tune of US$15 million. In the current round, 7-8 startups out of 20 participants may get commitment to the tune of US$ 30 million.

Overwhelming Response to “Start-up India” Investment Seminar organized by the Embassy of India in Beijing

Overwhelming Response on Day 1 of the Indian Start-up Investment Roadshow which was co hosted by the Indian Embassy, Beijing.

Venture Gurukool and Startup India Association organized Day 1 of the Indian Startup Investment Roadshow which gave exclusive access to Indian entrepreneurs with prolific Chinese Investors. This event brought together 25 Indian start-up entrepreneurs and more than 170 Chinese investors under one roof at the auditorium of the Embassy of India, Beijing.

Welcome remarks were given by Ms Ntasha (Co-Founder, Venture Gurukool).

Mr. Mahendra Swarup (Founder, Venture Gurukool and President, Start-up India Association) spoke about Chinese Investments in Indian ventures and introduced the various startups from India that participated in the event.

Mr. Benny Chen (General Manager, Ant Financial India) delivered the key-note address on “Why Invest in India”.

This was followed by a panel discussion on ‘Strategy for Investing in India- Experience Sharing by Successful Investors’. The panel included (L to R) Mr. Qi Zhiyong (President, CAMCE Investment Management), Ms. Jessica Wong (Founder and Managing Partner, Cyber Carrier), Mr Benny Chen (General Manager, Ant Financial India) and Ms Shirley Mao (Vice Director, Xiaomi Investment) [Photo: L to R] . The session was moderated by Mr Mahendra Swarup (Founder, Venture Gurukool and President, Start-up India Association).

Another panel discussion was organised on ‘Experience Sharing on scaling of Chinese Ventures’. This panel included (L to R) Ms Liu Xinyi (Founder and CEO, Nowdo), Ms Jenny Zhang (Vice President and Chief Brand Officer, Beijing V-Startup-up), Mr Andy Mok (Managing Partner, Red Pagoda Resources), Mr. Zhang Peng (Chief Strategy officer & Managing Partner Urwork),  . The session was moderated by Mr. Jelte Ansgar Wingender (Senior Manager, Global Incubation Services Department Innoway) and Mr Siddharth Shah (Partner, Khaitan and Company, India).

The event also had representatives of Invest India, KPMG India and Khaitan & Co.  who gave presentations on ‘The Economic and Investment Landscape in India’, ‘The India growth story and rise of Indian Entrepreneurs’ and ‘regulatory landscape and investment structure in India’, respectively.

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DAY 2:- 8^th November, 2017 Beijing

Roadshow of Fintech and Internet Businesses

Day 2 of the Indian Startup Investment Roadshow organised by Venture Gurukool and Start-up India Association was held in the IngDan Space in the heart of Zhongguancun which is the Tech silicon valley of China where eight promising startups from Fintech and Internet Businesses presented their Business proposals. Alongside this, Venture Gurukool organised  exclusive meetings with the top management of Thundersoft for selected AI, IoT and other business ventures. Post the meetings, Thundersoft graciously hosted all the Indian entrepreneurs for Chinese Cuisine.

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DAY 3:- 9^th November, 2017 Beijing

Roadshow of AI, Social Media and Education tech

Day 3 of the Indian Startup Investment Roadshow organised by Venture Gurukool and Start-up India Association was held in the IngDan Space in the heart of Zhongguancun which is the tech Silicon Valley of China where eight promising startups from AI, Social Media and Education tech presented their business proposals. Simultaneously , Venture Gurukool organised exclusive pitch session at  Jade Value Incubator for Fintech and Internet Businesses startups which marked attendance of various marquee Chinese investors. Post the pitch session, Jade Value incubator hosted a grand Chinese lunch for the entrepreneurs from India.

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