IvyCap arm, IIT-B biz incubator in pact for funding ventures
Advertisement
IvyCap Ventures arm Ivycamp has tied up with a business incubator of IIT Bombay -- Society for Innovation and Entrepreneurship -- for mentorship and funding ventures from the western region.
The collaboration will organise joint workshops for over 2,000 start-ups from Mumbai in 2016 and ventures identified under this initiative will also be provided funds from a corpus of Rs 60 crore by IvyCap Ventures, a statement today said.
It added that IvyCamp will connect industry participants to students and entrepreneurs to provide guidance on formulating and strengthening business models.
"One of the key activities under this partnership will be to host an annual IIT-IIM Entrepreneurship and Innovation Conclave. The conclave will be held in Mumbai in April 2016," the statement read.
One of the key activities under this partnership will be to host an annual IIT-IIM Entrepreneurship and Innovation Conclave. The conclave will be held in Mumbai during April 2016 to engage the Community across India's premier Educational Institutions focused on growing innovation and entrepreneurship, to promote Alumni engagement, and to launch new features of the technology based platform.
IvyCamp is India's first unified technology based platform for innovation and entrepreneurship. Its parent - IvyCap Ventures is raising its second fund of Rs 600 crs. IvyCap has raised and deployed Rs 250 crore in its maiden fund last year. Speaking on the occasion, Dr. Anju Gupta, Co-founder and President of IvyCamp said, "We are happy to partner with SINE as this will not only support entrepreneurs but actually build knowledge networks across student and the global alumni network of IIT Bombay.
(Impact credit: BCCL)
Advertisement
The collaboration will organise joint workshops for over 2,000 start-ups from Mumbai in 2016 and ventures identified under this initiative will also be provided funds from a corpus of Rs 60 crore by IvyCap Ventures, a statement today said.
It added that IvyCamp will connect industry participants to students and entrepreneurs to provide guidance on formulating and strengthening business models.
"One of the key activities under this partnership will be to host an annual IIT-IIM Entrepreneurship and Innovation Conclave. The conclave will be held in Mumbai in April 2016," the statement read.
One of the key activities under this partnership will be to host an annual IIT-IIM Entrepreneurship and Innovation Conclave. The conclave will be held in Mumbai during April 2016 to engage the Community across India's premier Educational Institutions focused on growing innovation and entrepreneurship, to promote Alumni engagement, and to launch new features of the technology based platform.
IvyCamp is India's first unified technology based platform for innovation and entrepreneurship. Its parent - IvyCap Ventures is raising its second fund of Rs 600 crs. IvyCap has raised and deployed Rs 250 crore in its maiden fund last year. Speaking on the occasion, Dr. Anju Gupta, Co-founder and President of IvyCamp said, "We are happy to partner with SINE as this will not only support entrepreneurs but actually build knowledge networks across student and the global alumni network of IIT Bombay.
Advertisement
(Impact credit: BCCL)
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
- Unemployment among Indian youth is high, but it is transient: RBI MPC member
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market