Venture Catalysts has announced its launch of its services in the city of Surat. The expansion will unlock access to Venture Catalysts’ proprietary start-up enablement platform to promising ventures and investors from Surat and nearby locales. This will also enable investors in Surat to now get access and invest in National and Global ideas that come from the VCats platform.
Gaurav Singhvi, founder of The Financial Supermarket Group will oversee VCats’s Surat operations as the Managing Partner. VCats will also be providing other services such as mentoring, networking, co-working facility and technological expertise to start-upsin addition to enabling investments throughits strategic partnerships with leading industry players such as Cox and Kings, HDFCBank, Plug and Play etc.
Speaking on the launch, Dr. Apoorv Ranjan Sharma, Co-founder, Venture Catalysts, said, “Venture Catalysts was established with an aim of fostering innovation and entrepreneurship within India and to nurture the country’s start-up landscape with comprehensive investment and support infrastructure. Our launch in the city of Surat, widely regarded as a local business hub, is meant to further that aim by extending our services to the region’s start-ups and entrepreneurs. We are confident that we will be able to nurture a start-up centric culture within Surat and its surrounding areasby enabling greater access to investments and other high-quality start-up support facilities such as business networking, incubation services, events/workshops and pitch days.”
Renowned as the city of businesspersons, Surat is fast emerging as a favorable venue for start-ups owing to its focus on entrepreneurship. The launch of our services in the city is aimed at nurturing and mobilizing local start-ups, mentors and investors and integrating them in the larger start-up landscape. The Government of Gujarat has already rolled out several schemes to assist start-ups, our entry into the city will ensure better opportunities of growth and success for both start-ups and investors and will serve to further our aim of developing a holistic start-up ecosystem within the country.
Gaurav Singhvi, Managing Partner, Venture Catalysts – Surat, added, “Surat is a place with immense opportunity for start-ups. The entry of a leading early-stage growth facilitator and investment enabler such as Venture Catalysts will definitely give a massive lift to the nascent start-up industry in the region and will increase the chance of success of local start-ups. We are confident of establishing a self-sufficient start-up ecosystem that will create value not only for entrepreneurs and investors, but also for the region’s consumers.”
Having enabled over seven investments worth more than $3million in less than six months of its operations, VCats has already established its credentials as the fastest growing early-stage platform in the country. Its co-working space in Mumbai is already operating at 100 percent occupancy. The company is looking to follow up its expansion in Surat by opening other branches in more such geographies in the near future in order to facilitate the creation of a country-wide nexus of start-ups, investors, enablers and growth facilitators.