SECOND INDIA INVESTMENT SEMINAR 2018, BEIJING

Beijing, Day 1

Furthering Government of India’s agenda of fostering innovation and entrepreneurship among Indian youth, Venture Gurukool organized The 2nd Startup India Investment Seminar on 12 November 2018 in Beijing in partnership with The Embassy of India in China and Startup India Association (SIA). The 1st Startup India Investment event was organized in November 2017.

42 Indian entrepreneurs representing 20 Indian startups, namely Tripshelf (travel), OfficePass (Rental Solution), Snapmint (shopping/marketing), Sattviko (Food), Roar Media (Media), Roadpiper (logistics), Numbermall (e-commerce), NirogStreet, (Ayurveda), Moengage (marketing), log9 Materials (new energy vehicle), Eremedium (health-education), HomeCapital (housing finance), HalaPlay (online gaming), Grabonrent (rental solutions), Golive Games (online gaming), Eshopbox (e-commerce), Confirmtkt (travel), Ambee (environment), Scholr (education), Bisbo (media) – participated in the event and made pitch before Chinese investors to make investments in their ventures.

The event witnessed a 400+ audience, mostly representing Chinese Venture Capital (VC) funds and angel investors participating in the day-long pitching session and seminar.

Delivering special remarks Mr. Acquino Vimal, Deputy Chief of Mission, Indian Embassy made the case for India’s young demography, rapid economic growth & fast pace urbanization as the opportunity for growth of Indian ventures and startup ecosystem, as well as provide the opportunity for offering unique, innovative, and affordable solutions for the growing aspirational people. He mentioned that Chinese investors should take part in the development process of India growth story through investing in Indian start-ups.

Mr. Prashant Lokhande, Counsellor (Economic and Commerce), Indian Embassy Beijing, welcomed the audience and thanked Venture Gurukool and Startup India Association for organizing the event.

Mr. Zheng Bin, CEO of ICBC India shared ICBC’s experience in India, gave an overview of the Indian startup ecosystem and how to invest in it. He also informed that ICBC India has established a US$200 million fund for investing in India. Mr. Kartick Maheshwari of Khaitan & Co. gave a presentation on the regulatory framework in India.

During the seminar, a report “India – China: Startups & Beyond” jointly published by Venture Gurukool and KPMG giving a detailed account of the Indian startup ecosystem, was unveiled. The report echoed the thought saying that apart from Chinese corporations, venture capital funds from China are also planning to make a mark in the Indian startup ecosystem across sectors such as finance and education technology, e-commerce and content.

“Several firms including Qiming Ventures, Morningside Ventures, CDH Investments, 01VC, and Orchid Asia Group are already looking to buy stakes in startups in India since the beginning of 2018,” the report added.

To discuss effective strategy for Chinese VCs to enter Indian startup market and share experience of VCs about the Indian startup ecosystem, a panel discussion was organised, involving Mr Ashish Wadhwani (Ivy Cap Ventures), Mr Pei- Fu Hsieh (01 VC), Mr. Pan Song (QiGoal Capital) and Mr. Mahendra Swarup (SIA) as panelists and moderated by Mr. Gurpreet Singh (ATM Ventures).

The event was planned to expose Chinese VCs and investors to promising Indian startups on one hand while on other hand helping Indian startups to reach out to the huge Chinese investor’s community for receiving investment for the growth of their companies. In the 1st Startup India Investment seminar, 12 Indian startups participated out of which 4 secured funding from the Chinese VCs to the tune of US$15 million.

 

Beijing, Day 2

The Second India Investment Seminar 2018 is organized by Venture Gurukool to accelerate the Investors Entrepreneur relationships between India and China.

To promote Chinese industry experience and know-how amongst our participating start-ups, Venture Gurukool organized exclusive company visits with the major Chinese giants including Tencent– the multinational conglomerate and leading gaming publishers of the world. Followed by, Oasis Games– one of the leading game publishers in the market.

Company visit and meetings were also hosted for the Indian Entrepreneur delegation with:

  •  UCommune- the largest Coworking space operators in Asia,
  • TusStar- China’s largest network of over 120 incubators and,
  • Tal Education-largest public listed Education Company in the world.TAL empowers edtech companies around the globe through strategic investment.
  • Genesis Capital- a leading investment firm targeting emerging internet companies
  • Kunlun Capital- a value-oriented and fundamentally driven investment management firm.

The educative sessions focus on building an understanding of the Chinese workspace, promote communication between representatives from both the countries and establish networking relations with corporate leaders from major firms in China and emerging start-up entrepreneurs from India.

We hold such events and sharing activities between investors and startups to connect them and bring together in the vibrant ecosystem for startups in India.

Venture Gurukool, in India, works towards developing an India-China hub that creates, encourages and promotes knowledge and innovation between founders and investors based in India and China. We aim towards building a community which fosters the spirit of entrepreneurship and improves the success for an early-stage company.