Funding Winter To End By March, Says Ravi K Ranjan, Announces Super Angels Summit In Abu Dhabi

Updated on: 22 November 2023 5:17 pm

On the inaugural day, Start-up Odisha will formalise strategic partnerships by signing MoUs with investment firms like Equanimity Ventures and Sanchi Connect

Odisha Gears Up For FundStack 3.0, The State’s Annual Start-Up Investor Summit Photo: On the inaugural day, Start-up Odisha will formalise strategic partnerships by signing MoUs with investment firms like Equanimity Ventures and Sanchi Connect

The SuperAngels Summit, an initiative by Ravi K. Ranjan will be held at the prestigious Abu Dhabi National Exhibition Center in the capital of the United Arab Emirates, Abu Dhabi.

This mega event is powered by Venture Catalysts++ and is scheduled for December 15th and 16th, bringing together stalwarts of the start-up industry and investors from around the globe. Over two days, industry leaders will engage in networking and share their experiences at the international exhibition centre.

Ravi K. Ranjan, the founder, and CEO of SuperAngels Summit, addressed the media at the Press Club of India in New Delhi, sharing the aim, mission, and vision of the SuperAngels Summit. He revealed that renowned investors, speakers, government officials, and policymakers from across the world, along with aspiring individuals in the start-up realm, will actively participate in this summit.

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The summit is being organized at a time when Funding Winter and the rate of the shutdown of start-ups in India is at its peak. On this question of Outlook Start-Up, Ranjan said, that funding winter is likely to end by March of the coming year. Explaining the reason for this, he said that investment activities were halted due to uncertainties of war in Ukraine and now Israel. However, according to his study, this investment situation is going to end soon in the coming times.

While talking about the event, Ranjan added, "India is on the cusp of a remarkable transformation in the start-up landscape. We've had our share of challenges in the past, and now, with the advantage of technology at our fingertips, the opportunities for start-ups are boundless. SuperAngels Summit is not just an event; it's a catalyst for connection, collaboration, and growth."

Celebrating the spirit of angel investment, The SuperAngels Summit is being organized in partnership with the Department of Culture and Tourism Abu Dhabi, Abu Dhabi Convention and Exhibition Bureau, the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, Emirates Angels (a registered non-profit organization supporting angel investment in the UAE) and Abu Dhabi Chamber of Commerce and Industry, the firm said in its statement.