24th October, Gurgaon: The odds of getting venture capital funding for an early-stage startup is about one in a thousand. It’s unsurprising that every now and then startups seek the best way to raise capital and scale their companies.
With this in mind, EVC Ventures hosted an AR/VR Venture Capital Bootcamp on 6th October 2018 at EVC Ventures, India.
This Bootcamp witnessed participation of leading global investors and industry experts from LightSpeed Venture Partners, EVC Ventures, Department of Telecommunications, Government of India, among others.
The AR/VR Venture Capital Bootcamp received tremendous interest from startups all over the country. Among the selected AR/VR startups, who presented their ideas were Kalpnik, GMETRI, HERC, Attero Labsn etc. among others.
Keynote speakers and Judges of the AR/VR Venture Capital Bootcamp included Jay Khan, Managing Partner at EVC Ventures; Anurag Vibhuti, Deputy Director at TCOE, Government of India; Hemant Mohapatra, Partner at Lightspeed India; Neeraj Tyagi, Managing Partner at Venture Catalysts, etc.
”Each year different startups come to us asking what is the best way to raise capital and scale their companies. These Bootcamps are our endeavor to help and support startups by creating a conducive ecosystem for new economy and technology companies in India, enabling them to have better access to global markets, funding, investors, and mentors.” – Jay Khan, Managing Partner, EVC Ventures
The idea behind this initiative was to get startups working in the AR/VR domain for over 12 months, with a POC, present their ideas to a set of VCs and industry leaders who could potentially be willing to look at these ventures for their respective portfolios or help them accelerate their journey with mentorship support.
It doesn’t end here. This is a 4-season long Bootcamp and each season will have a different theme. The AR/VR Venture Capital Bootcamp will be followed by the EdTech Venture Capital Bootcamp on 1st December 2018 and other tracks in 2019.