Greater Noida, India: Startup Buddy and Atal Incubation Centre-BIMTECH came together to give the startups a well-deserved chance of raising capital through the event FUND MY IDEA 1.0, which was successfully conducted today. Many esteemed funds like Alacrity, Parampara, Rockstud Capital LLP and SRI Capital, with a total corpus of 220 Million USD, interacted with 13 startups during the course of the event. These startups have been picked up from all over the country, which after rigorous scrutiny were shortlisted down to final 13.
Mr Amit Singal, CEO – Startup Buddy and an advisor of AIC-BIMTECH says, “The idea of this event was to bridge the gap between the startups and funds. Our country has a good number of both, we just attempted to find the best fit for each other through FUND MY IDEA 1.0”
Mr Chittransh Verma, AVP – Atal Incubation Centre-BIMTECH counts this event as a beginning of many to come. He says, “We have been interacting with a lot of funds recently, and the problem which came into view was not the availability of good startups, but accessibility to the right ones. This is our attempt to resolve this issue, and we will follow it with another event pretty soon.”