Sovereign Wealth Fund Institute Invites Indian Startups To Raise Capital At FORT North America 2023
Sovereign Wealth Fund Institute announced that it will hold its Family Office Round Table (FORT) North America 2023 in Dallas, Texas, on October, 2023. As part of the event, SWFI presents an opportunity for Indian startups seeking strategic partnerships and Series-B institutional capital to pitch their entrepreneurial ideas to renowned sovereign wealth funds family offices, Private Equity and Venture Capital investors.
As per SWFI estimates, global SWFs doubled down on their direct investments into India at $6.7 billion in 2022 as against $3.7 billion in 2021, indicating confidence in the country's prospects. It is expected that Sovereign Wealth Funds will support this growth through their investments and know-how in Indian startups. "We at SWFI look forward to helping catalyse cross-border collaborations across the ecosystem through FORT North America 2023. Against the backdrop of the landmark 91-acre headquarters of Dallas Cowboys, the event will serve as a platform to help drive meaningful growth and partnerships in the ecosystem. Indian startups will receive the unique opportunity to pitch to an audience of leading investors, family offices, endowment funds and policymakers," said Lakshmi Narayanan, chairman, SWFI.
Of the six global startups that will be presenting their five-minute elevator pitches at FORT North America 2023, two will be Indian, representing the fast-growing startup ecosystem in the country. Startups that have surpassed the $100 million valuation mark post Series-A and exhibit a reliable business strategy, will be presented the opportunity to present their pitches, according to an official statement.
Earlier in May 2023, SWFI hosted its Global Wealth Conference in London at the historic Guildhall and the House of Commons. In line with this tradition, this event in Texas will feature keynote speeches and panel discussions delving into topics such as 'Private Equity Trends and Opportunities for 2023 and Beyond', 'Capital Convergence: Family Office Deal Flow and Institutional Co-investment Landscape', 'The Nexus of Private Capital and Sovereign Wealth Funds and Public Funds', besides others, it added.
