26th June 2020: India being the 3rd largest Startup hub in the world bears tremendous potential for small businesses with disruptive concepts. Ever since Covid had hit the market, we’ve seen disruptions and innovative business ideas coming up from different parts of the country. While entrepreneurs from metro cities were already creating a strong startup ecosystem, now Tier 2 & Tier 3 towns are also emerging as startup hubs.
To encourage entrepreneurs from small towns, Venture Catalysts (VCats) has fostered into the untapped markets. VCats is committed to democratizing the early stage investment in startups from Tier 2 and Tier 3 towns by making startups investments as an asset class available to all. The startup incubator further aims to educated people on startup investments from the tier-2 and tier-3 towns. They’re currently present in 32 cities and would be expanding to 75 more by the year-end. They have expanded their reach to cities like Dehradun, Coimbatore, Siliguri, Catak, Kochi, Udaipur, with a strong network of angel investors and operating teams.
Besides expanding to these cities, to boost entrepreneurship, VCats has developed fresh investment products as enclosed:
· Incubate Hub – Corporate Innovation Platform,
· VCats – Corporate Venture Capital (CVC),
· CXO Angels Network,
· Family Office Network,
· Founder’s Network.