Venture Catalysts, an Indian seed investment and innovation platform, organised its first Pitch Day in Raipur. The event witnessed more than 100 investors interacting with five start-ups, handpicked for their innovative approach to business challenges. The occasion will extend VCats’ proprietary start-up enablement platform and assist upcoming ventures with investment, business networking, co-working, mentoring and technological expertise, thereby giving entrepreneurship in the region a big boost.
Having enabled over 11 investments worth more than $2.5 million in 9 months of its operations, VCats is now looking to take forward its impressive performance by expanding into more geographies and create a country-wide network of start-ups, investors, enablers and growth facilitators. The platform will also be aiming to enable financial and business-related assistance into at least 30 start-ups within the first year of its operations.
Speaking on the occasion, Dr. Apoorv Ranjan Sharma, Co-founder, Venture Catalysts, said, “We are dedicated towards creating a holistic, end-to-end start-up support ecosystem across the country.” Having already organised such events in Surat and Delhi/NCR, he added, “We will be looking to venture into more cities in the near future in order to facilitate greater opportunities for mentoring, funds and networking for start-ups.”
Akshay Bardia, Director, AT Group, also VCats Managing Partner from Raipur, added, “Venture Catalysts’ entry into Raipur is a massive opportunity for start-ups operating in the city, who stand a chance to benefit from its diverse start-up support services.”