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Venture Catalysts and Kanpur Angel Network partner to enable UP’s startup ecosystem, Aims to make Uttar Pradesh the next big destination for startups

Venture Catalysts

01 April 2019, India:

Venture Catalysts has partnered with Kanpur Angel Network (KAN). The partnership aims to make Uttar Pradesh the next big destination for startups.

The partnership with Kanpur Angel Network, is a strategic move for Venture Catalysts to secure a strong footing in the UP region in India, the company said in a statement.

The combined expertise in the field from both Venture Catalysts, with its wide geographical spread and KAN, at a local level, will further the endeavour of both firms to give these businesses the guidance they need when they are starting out, and a boost for steady growth in the long term, the statement added.

“I have grown up in the city and since my childhood, was enamoured by the immense entrepreneurial spirit that existed in Kanpur. During the recent years, this spirit has simmered a bit and the current initiative is aimed at reigniting the same. Venture Catalysts aims to bring international level support, opportunities and resources to local businesses by enabling local entrepreneurs with structured assistance,” said
Dr. Apoorv Ranjan Sharma, Co-founder and President, Venture Catalysts.

Dr. Apoorv Ranjan Sharma, added, “We are extremely happy to partner with Kanpur Angel Network, who share the same mission with us. Kanpur, and the entire Uttar Pradesh is thriving with viable business ideas, and KAN, through their years of expertise, helps us identify the best of the lot. The partnership has a single-minded vision to help young homegrown businesses grow to create great value for the long term with the help of our expert community and services.”

“At Kanpur Angel Network, it is our mission to identify and nurture local businesses with immense growth potential. The network brings together like-minded people, and our partnership with Venture Catalysts is testament to that. It is a key addition to the premier networks, accelerators and institutes that we have been associated with. With this partnership, our investees will have a wider range of funds, mentorship and exposure to a global community to help their businesses thrive,” said Amit Tiwari, Co-founder, Kanpur Angel Network.

(Image – Venture Catalysts)

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