SECOND INDIA INVESTMENT SEMINAR 2018, SHANGHAI

Shanghai, Day 3

After an enthralling experience in Beijing, Phase II of Second India Investment Seminar 2018 moved to the Business Capital of China, Shanghai. Venture Gurukool hosted the Seminar with the Indian Consulate, Shanghai and Startup India Association (SIA) as partners.

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 presented their venture to over 100 strategic Chinese investors to make investments in their ventures. The event saw an audience representing Chinese Venture Capital (VC) funds and angel investors participating in the pitch session and seminar.

Investment firms like Legend Capital, Sinovation Ventures, Gobi Ventures and Grand View Capital showed a keen interest in the Indian Start-ups.

Mr. Anil Kumar Rai, Indian Consul General in his welcome address spoke about the India China developing ties. The Indian technology start-up domain is among the biggest in the world with over US$ 35 billion valuations. Last few years saw an emergence of several thousand start-ups in India, the rise of unicorn start-ups and growth of segment leaders in categories like robotics, analytics, ed-tech, health-tech, legal-tech, and fin-tech. The exchange between the two nations will help towards an extended growth of the sector.

Chinaccelerator Managing Director, Mr. William Bao Bean spoke about the investment opportunities in India and China, and SOSV’s investment experience in the Indian start-up ecosystem. Mr. Pan Song, founding partner, Qi Goal Capital discussed his India experience and the opportunities within the start-ups in India.

The event focussed towards exposing Chinese VCs and investors to the promising Indian startups and 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.

Shanghai, Day 4

The enlightening and intriguing trip for the Indian start-up delegation concluded with an exclusive trip organized at the Fosun Group Headquarters in Shanghai.

The Fosun Group is a Chinese international conglomerate and investment company. Fosun engages in financial, property, steel, and healthcare businesses.  Along with, investment in the strategy, private equity investment, venture capital investment, and secondary market investment. Through technology and innovation, Fosun creates customer-to-maker (C2M) ecosystems in health, happiness and wealth by providing high-quality products and services for families around the world.

At Fosun, startups met Mr. Andy Zheng from Fosun RZ Capital who gave his insights towards the growing interest of Chinese investors in Indian Start-ups, specifically on what the Chinese investors look for. Investors in China look for Indian counterpart for successful ventures in China, he stressed that investors look for high performing teams and localization in Indian ventures mirroring China. He also spoke at length about: fintech, travel tech, property tech, media, education, and healthtech sectors and talked about Fosun RZ’s portfolio companies in India.

The educative corporate visit gave a chance to the entrepreneurs to build an understanding of the Chinese workspace, promote communication and set up networking relations with corporate leaders in China. The experience altogether will indeed have an everlasting impact on the amount of knowledge, skill and experience share for the choicest entrepreneurs from India.

The entire trip accounted for a unique experience with the Chinese industry experts and market leaders. The rise of the Indian Startup Ecosystem is momentous and holds a tremendous amount of opportunities. We, at Venture Gurukool understand our responsibility as an incubator and an early stage investors to build our Startup community by nurturing new ventures and encouraging the vision of young entrepreneurs. Thus, we engage in holding such crossborder interactions between investors and entrepreneurs to bring together a vibrant startup ecosystem in India.