The Startup Summit TwentyOne by SeventyTwo (powered by Navitas Solar), organised by IVY Growth Associates facilitated fundraising of approximately Rs 15 crore to various start-ups.
The summit, which aimed to put Surat and Gujarat on the global start-up ecosystem map, witnessed twenty-five companies pitching their ideas to the investors. Out of these 25 companies, ten of them presented their ideas and business model on Saturday, and the remaining got their pitching opportunity on Sunday. In addition to this, 80 startup stalls showcased various products and services. Overall, more than 500 investors, over 200 start-ups and more than 10,000 people participated in the summit.
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The three-day programme included keynote speeches, panel discussions, and workshops on various start-up-related topics. Experts like Sarthak Ahuja (Founder and Chairman, Thyrocare) and Arjun Vaidya (Ventures Lead at Verlinvest) shared their insights into the startup ecosystem. The event was also graced by the entrepreneurs like Aman Gupta (co-founder and CMO of boAt) and Ghazal Alagh (co-founder of Mamaearth).
Rachit Poddar, Co-founder of IVY Growth Associates said, “More than 5,000 individuals from over 20 states participated in the first edition of the TwentyOne by SeventyTwo Summit. Out of 13 partner startups, 15-17 generated investor interest and received term sheets. This edition was even bigger and better with the participation of big VCs like Artha Ventures, VCats, and Blume Ventures. The participants also benefitted from the thought leadership of Sarthak Ahuja, Arjun Vaidya, Mahavir Pratap Sharma, and over 80 industry speakers who shared their expertise and insights on the latest technology, business, and entrepreneurship trends.”
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