IVY Growth, SteamHouse India To Hold
The three-day summit is scheduled for June16 to 18 June at Avadh Utopia, Surat. With about 10,000 expected to attend.
SURAT, June 7 (The CONNECT) – IVY Growth Associates, a venture capital firm and start-up accelerator, in partnership with SteamHouse India Limited, announced the second edition of its annual Start-up Summit ‘21BY72’ in Surat city.
The summit is set to witness participation of 60+ Venture Capitalists and 500+ Angel Investors and over 200+ start-ups hailing from all over India and world.
The three-day summit is scheduled for June16 to 18 June at Avadh Utopia, Surat. About 10,000 attendees from across the globe are expected at the summit which will facilitate opportunities worth roughly over 20 Crores and contribute to the national start-up ecosystem.
“We have a very ambitious target of providing opportunities to at least 30 start-ups by the end of the ongoing fiscal,” said Rachit Poddar, Co-founder, IVY Growth Associates.
Surat ranks among one of the fastest growing cities in the world and one of the wealthiest cities in India with Diamond and Textile Industries being the key contributors on a Global Landscape. Surat has witnessed over 600+ emerging angel investors participate in the Indian Start-up Ecosystem just in the past couple of years and seen success stories from Surat based Start-ups.
The summit works around the core objective to catalyse collaborations, provide a platform to entrepreneurs to exhibit and present their concepts, and opening investment opportunities for investors from across the world.
The summit is expected to accelerate the entire process and help us reach our goal faster. At the same time, not that it brings investors and entrepreneurs under one roof, but also motivates others to come forward and participate. This is largely to encourage more ideas, and inspire more minds, he Poddar said.
The summit has successfully served as the Launchpad for start-ups like Emotorad, Legalpay, Stylework, Gorillalink (An Israeli Start-up).
The upcoming edition will see some key names from the ecosystem participating including Shark Aman Gupta (Co-Founder & CMO, Boat), Arjun Vaidya, CA Sarthak Ahuja and notable VC Firms like 100XVC, Blume Ventures, Artha Ventures and many more.
The summit will also hold knowledge-sharing sessions from over 80 Industry Veterans and 10+ Mega Influencers and live pitching sessions. It is expected to fuel funding to 20+ start-ups in the live pitching sessions.
IVY Growth Associates has already gained ground in various parts of India like Ahmedabad, Mumbai, Bangalore, Delhi, apart from Surat and marked its presence in the United Arab Emirates.
It aims at expanding its wings across Tier-2 and Tier-3 Cities such as Indore, Nagpur, Pune, Hyderabad, and Kolkata. The summit will add another stud in the start-up accelerator’s portfolio and encourage the budding minds from other cities and countries too as the brand moves ahead in its journey.
IVY Growth aims at facilitating start-up funding worth 50 Crores, across at least 30 start-ups by the end of the current fiscal, and take the same number up to 200 start-ups in next five years.
IVY Growth Associates is not just working in India but has also grown the community globally. It has organised conferences in the UK, UAE and few more with the vision of building global corridors by the rise of angel investors.
Founded by CA Prateek Tosniwal, Rachit Poddar, Sharad Todi & CA Mehul Shah, IVY Growth Associates is led by individuals having a combined experience of 30+ years in various fields and have collectively invested in 100+ start-ups. IVY Growth comes with a rich experience of leading funding for growth stage startups and mentoring them to succeed. Some of their marquee startups include the likes of Emotorad, Zypp Electric, BluSmart Mobility, Cleardekho, Sapio Analytics etc.
