New Delhi, August 13, 2018:Further strengthening its massive investor network across the country, Venture Catalysts, recently partnered with IIT Delhi Alumni Association to offer a holistic investor facilitation ecosystem to present and future investors from the institute. The eminent academic institution has contributed significantly to India’s, and VCats’ investment landscape, which underlines the need to provide a dedicated initiative to facilitate more investors emerging from the elite institution’s alumni body.
Through this association, VCats will offer a series of opportunities and benefits to investors from IIT Delhi, including exclusive investor education events, active participation in global start-up summits, entrepreneurship conclaves etc. The initiative will also provide investors from the institute an opportunity to interact with the best entrepreneurs and start-ups across the country, allowing them to be an integral part of their growth journey.
Commenting on the association, Neeraj Tyagi, Managing Partner VCats Delhi & Uttarakhand and the leader of the initiative, said “IIT-Delhi has played a major role in developing the business ecosphere of the country, with some of the best serial entrepreneurs and investors passing through the hallowed gates of the institution. The engineering institution has a thriving business culture and its students are keen and extremely aware about the latest national and international business innovations. Through this partnership, we want to extend an opportunity for existing and new investors from its alumni body to access the best investment opportunities and provide a framework for prospective investment enthusiasts to ease their way into the world of investment.”
Dr. Apoorv Ranjan Sharma, Co-founder & President – Venture Catalysts, said, “GIAN initiative is committed to create a global startup platform of highest standards and build a comprehensive startup ecosystem empowering investors and entrepreneurs. This initiative would help not only the alumni entrepreneurs but also the current students of IIT Delhi to implement their academic knowledge in the field of innovation and entrepreneurship.”
Atul Bal, President, IITDAA said, “IIT Delhi Alumni Association has long been contemplating to build a model innovation and investment centre for its alumni members and IIT Delhi students. By signing this MoU with Venture Catalysts, the vision to develop an eco-system that reduces the gap between investors and startups stands realized. This Joint Initiative, GIAN (Global Innovation and Angel Network) is a culmination of that intellectual bargain, in its first year of inception, we plan to target the closure of at least 10 worthwhile deals with an aim to sensitize the community and build a network to generate employment opportunities through such scalable commercial ventures.”
Dr. Vipin Shukla, Secretary, IITDAA and Convener of Sub-committee on Innovation and Entrepreneurship said, “GIAN initiative is committed to create a global startup platform of highest standards and build a comprehensive startup ecosystem empowering investors and entrepreneurs. This initiative would help not only the alumni entrepreneurs but also the current students of IIT Delhi to implement their academic knowledge in the field of innovation and entrepreneurship.”
VCats’ has a long and rich history of associating with businesses led by entrepreneurs from IIT Delhi as well as investors from the institution. With this initiative, the partnership is set to grow stronger, spelling good news for Indian entrepreneurs looking to be a part of conclaves and boot camps encouraging innovation and being led by some of the sharpest business minds in the country.
About Venture Catalysts (@vcatsIndia)
Venture Catalysts is India’s first integrated incubator. It invests $250K – $1 Million in early stage startups that has potential to create enduring value for over a long period of time.
Venture Catalysts brings lethal combination of Capital, Mentoring and Business Network to help investee companies to succeed. Our innovation provides value to startups through its angel network, funding, community, services and co-working facility.
