IVY Growth Associates, a venture capital firm and start-up accelerator, in partnership with SteamHouse India Limited, has announced the second edition of its annual start-up Summit ‘21BY72’ in Surat city.
The programme is set to witness the participation of more than 60 Venture Capitalists and over 500 Angel Investors and more than start-ups hailing from all over India and globally.
The summit is scheduled for 16, 17, and 18 June at Avadh Utopia, Surat and is expected to facilitate opportunities worth over 20 crore and contribute to the national start-up ecosystem. It will provide a platform for entrepreneurs to exhibit their concepts, and open investment opportunities for investors from across the world
According to a company statement, the upcoming edition will be graced by industry players like Aman Gupta (Co-Founder & CMO, Boat), Arjun Vaidya, CA Sarthak Ahuja and VC Firms like 100XVC, Blume Ventures, Artha Ventures and many more.
There will be knowledge-sharing sessions from over 80 Industry veterans and more than 10 mega Influencers and live pitching sessions. It is expected to fuel funding to more than start-ups in the live pitching sessions.
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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 takes the same number up to 200 start-ups in the next five years.
“We have a very ambitious target of providing opportunities to at least 30 start-ups by the end of the ongoing fiscal. To achieve the same this summit will play a key role. 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,” said Mr. Rachit Poddar, Co-founder of IVY Growth Associates.