Venture Catalyst & IIT-D Alumni Collaborate to Create Future Generation of Investors
Enhancing its strong investor network PAN India, Venture Catalysts join hands with IIT Delhi Alumni Association to provide a holistic investor facilitation to institute's present & future investors. It’s no secret that IIT Delhi has contributed significantly to India's investment landscape, and same holds true for VCats, which underlines the need to provide a dedicated initiative to facilitate more investors emerging from the elite institution’s alumni body.
Through this partnership, investors from IIT Delhi, including exclusive investor education events, active participation in global start-up summits, entrepreneurship conclaves, & more will be offered a wide range of opportunities and benefits by VCats. Moreover, investors from the institute will also get an opportunity to interact with the best entrepreneurial minds across the country and facilitate them to be a part of the start-up journeys.
Commenting on the association, Atul Bal, President, IITDAA, says, "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 start-ups 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."
VCats’ has an extensive and ironic history of coupling with businesses led by entrepreneurs & investors from IIT Delhi. This partnership is an opportunity for Indian entrepreneurs looking to be a part of conclaves, boot camps encouraging innovation and being led by some of the ignited business minds in the country.
Stating on the initiative, Neeraj Tyagi, Managing Partner, VCats Delhi & Uttarakhand and the leader of the initiative, says “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 of 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.”
India’s top incubator for start-ups, Venture Catalysts offers funding, mentorship and network of CXOs, successful founders, unicorns, deep tech product experts. It has strong presence in Bengaluru, Delhi NCR, Mumbai, Lucknow, Kolkata, Raipur, Surat, Nagpur, Jaipur, Kochi, Dubai, & Hong Kong with invests in the range of $500K to $1Million.
"GIAN initiative is committed to create a global start-up platform of highest standards and build a comprehensive start-up 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,” adds Dr. Apoorv Ranjan Sharma, Co-founder & President, Venture Catalysts.
"GIAN initiative is committed to create a global start-up platform of highest standards and build a comprehensive start-up 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,” adds Dr.Apoorv Ranjan Sharma, Co-founder & President, Venture Catalysts