It’s said that a little help goes a long way. With this in mind a masterclass was organised in Lucknow for businesses interested in angel investing in upcoming startups.
Venture Catalyst and TiE Lucknow conducted Startup Masterclass with the objective of creating awareness among investors on How to Invest in Startups and unlock more value. Industry experts also spoke about the potential and a gleaming future awaiting the Indian startup ecosystem.
The masterclass was conducted by Dr Apoorva Ranjan Sharma, co-founder Venture Catalysts and 9 Unicorns. Dr Apoorva emphasised the fact that this is a lifetime opportunity to invest in an Indian startup. ” 1 out of every 10 unicorns are born in India as we have the third largest start-up ecosystem here. Multiple growth drivers like – large smartphone user base, digital first model, flourishing digital payment ecosystem- contribute to the robust progress and success of Indian startups,” he said.
Sudhanshu Rastogi, Venture Partner Venture Catalysts U.P and President at Vision StartUPs- A not for profit organization shared that startups can be a huge driver for the $ 1 Trillion Economy target set by the government. UP has the potential and brains to build and sustain its own startup ecosystem with the right amount of help and efforts. ” Startup culture has already arrived in UP and is bound to see an upscale growth in the upcoming years,” added Mr.Sudhanshu.
Among the guests were the who’s who of UP namely- members of IIA, CII, Assocham, PHD Chamber of Commerce, STPI, MEDTECH and so on.