Bengaluru: The cutting-edge venture service provider, Venture Catalysts, forays in Delhi-NCR after its successful launch in Surat. Announcing its entry to the region with the strategic tie-up with Edge-Tech ventures, the entity aims to facilitate the end-to-end start-up solutions to the upcoming ventures. The partnerships expect extension of proprietary start-up enablement platform to upcoming ventures in Delhi/NCR.Venture Catalysts Delhi will be assisted by Sameer Rastogi, Gagan Ghai, Amarjeet Pahwa and Yogesh Bansal.
Speaking on the launch, Apoorv Ranjan Sharma, Co-Founder, Venture Catalysts, says, “The Delhi/NCR region is a hotbed for start-up activity and has emerged as the second largest hub for start-ups in India. Our decision to expand our operations into Delhi is a part of our long-term strategy to establish a comprehensive start-up support infrastructure across the country. While we will be looking forward to more such expansions in the near future, we will also like to invite other start-up enablers’ to participate in this revolution and establish India’s position as the start-up capital of the world. We are also aiming to mobilize investors and catalysts locally in order to facilitate greater opportunities for mentoring, funds and networking for start-ups”.
Initiating nine investments worth more than $1.5 million within six months of operation, Venture Catalyst prefers investing in IoT, Artificial Intelligence, Ad Tech, Virtual Reality, Education, e-Commerce and Retail. Being India’s first seed investment and innovation platform, Venture Catalyst enables the key factors in attaining success to the start-ups such as investment, business networking, co-working, mentoring and technological expertise.
Commenting on the launch, Anuj Golecha, Co-Founder, Venture Catalysts, adds, “While the country’s start-up landscape holds a lot of potential, there is a need for a dedicated end-to-end solution provider that aids ventures in their growth, as can be demonstrated by the recent challenges faced by the hyper local segment. Through strategic partnerships with leading global and national players such as Cox and Kings, Axis bank and Plug and Play, we will be looking to enable key start-up solutions such as investment, mentoring, business networking, co-working facilities and technological solutions. The end-goal is to support the Central Government’s Startup India Action Plan and create jobs and wealth for the country”.