DK FlipBook-Magzter January 2019
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EVENTS / ‘Seeding Kerala’<br />
ANOTHER WINDOW FOR HNWIs<br />
TO INVEST IN SMART STARTUPS<br />
'Seeding Kerala', to be organised by KSUM and LetsVenture, is aimed at<br />
helping and guiding HNWIs of Kerala to invest in some of the best startups<br />
The Central Government<br />
recently lauded the growth of<br />
startup ecosystem in Kerala<br />
spearheaded by the Kerala Startup<br />
Mission (KSUM) by bestowing the<br />
‘top performer among the States’ tag.<br />
KSUM is making every effort to<br />
not miss any opportunity to scale<br />
up the startup ecosystem. In such an<br />
initiative, KSUM in association with<br />
LetsVenture, an online platform for<br />
angel investments, will organise the<br />
fourth edition of ‘Seeding Kerala’<br />
program in Kochi on <strong>January</strong> 23 to<br />
bring together the high-net-worth<br />
individuals (HNWIs) of Kerala to<br />
provide them opportunities to invest<br />
in some of the best startups from the<br />
State and other parts of India.<br />
The event is envisaged as a virtual<br />
platform for people who are interested<br />
in seeding startups both financially<br />
and as mentors. Seeding Kerala<br />
will focus on connecting the existing<br />
ecosystem in the State to national and<br />
international touch points.<br />
“It is the fourth Seeding Kerala<br />
event to be organised by KSUM<br />
along with LetsVenture. We expect<br />
a gathering of around 100 investors<br />
and potential aspirants. It will be an<br />
event where one could share one’s experiences,<br />
understand the excitement<br />
of investing in startups and nuances<br />
of startup investment, and learn how<br />
we can give back to society as well as<br />
be a part of the journey for creating<br />
innovative products which can actually<br />
reshape the world,” said Dr. Saji<br />
Gopinath, CEO, KSUM.<br />
To be held at Kochi Marriott<br />
Hotel, the event will host marquee<br />
investors from the country’s startup<br />
ecosystem and senior officials from<br />
the State and Central Governments.<br />
DR. SAJI GOPINATH<br />
CEO, KERALA STARTUP MISSION<br />
“We are very impressed by the<br />
way KSUM has helped groom the<br />
startup ecosystem. Recently, it has<br />
started another initiative under<br />
which they acted as a Fund of Funds<br />
and invested in funds like us. We<br />
look forward to keep investing and<br />
help growing the ecosystem,” said<br />
Anil Joshi, Managing Partner, Unicorn<br />
India Ventures.<br />
KSUM will offer around Rs. 10<br />
lakh and other prizes to the best<br />
startup in the country that will be<br />
chosen at the meet. The highlights<br />
of the conference will be an Angel<br />
Investing Masterclass – covering the<br />
basics of investment and portfolio<br />
diversification, legal aspects of<br />
investing and some remarkable business<br />
case studies from the State.<br />
About 10 leading technology<br />
startups selected at the national level<br />
will be getting an opportunity to<br />
receive investment worth up to Rs.<br />
3 crore and guidance from experts<br />
at the event. They also stand the<br />
chance of getting business partners.<br />
The startups can pitch their ideas<br />
before the individuals and institutions<br />
participating in the event with<br />
a readiness to invest.<br />
According to KSUM officials,<br />
market access, industry exposure<br />
and one-year branding support are<br />
the other opportunities awaiting the<br />
startups at the event.<br />
“Kerala has a very vibrant startup<br />
ecosystem. A unique feature of the<br />
ecosystem is that it is not city-centric.<br />
It is available throughout the State.<br />
We have also started looking at the<br />
possibility of educating the homegrown<br />
HNWIs, small companies and<br />
corporates to make them consider<br />
investing in this startup ecosystem,”<br />
said M Sivasankar IAS, Secretary,<br />
Department of IT and Electronics,<br />
Government of Kerala.<br />
Investors will get opportunities<br />
to involve themselves in startup<br />
policy formulations, invest in the<br />
best 50 startups in Kerala, partner<br />
with Fund of Funds of the Government<br />
of Kerala, get facilitation space<br />
at Incubation Centres and network<br />
with potential partners etc.<br />
Anil Joshi; Manoj Kumar Agarwal,<br />
Co-founder, Sea Fund; Mehaboob<br />
M A, MD, Secura Investment<br />
Management; Vishesh Rajaram,<br />
Managing Partner, Speciale Incept<br />
Advisors; Dibya Prakash, Cofounder,<br />
Technology and Business<br />
Consulting Group; Shilen Sagunan,<br />
Chief Executive, SS Consulting;<br />
Vinod Keni, Partner, Artha Venture<br />
Fund; and Abhishek Prasad, Managing<br />
Partner, Cornerstone Venture<br />
Partners Fund, among others, will<br />
attend the event.<br />
technopolis, the official campus<br />
magazine of IT Parks Kerala is the<br />
Magazine Partner of the event. <strong>DK</strong><br />
<strong>January</strong> <strong>2019</strong> • Destination Kerala / 15