• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
SUBSCRIBE
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home India News

Incubation Platform Venture Catalysts invests in Corporate Innovation Company IncubateHub

Apoorv Anupam by Apoorv Anupam
January 9, 2020
in India News, News, Space
0
Venture Catalysts
215
SHARES
3.6k
VIEWS
TwitterWhatsappLinkedin

Venture Catalysts

You might also like

 Alaska Airlines’ $1.9 Billion Acquisition of Hawaiian Airlines

OpenAI’s $51 Million Investment in Rain Backed by CEO Sam Altman

Google’s Gemini AI Model Faces Launch Delay Due to Non-English Query Issues

09 January 2020:

Early-stage investment firm Venture Catalysts has made strategic investment in open innovation and corporate venturing platform IncubateHub.

This investment is in line with Venture Catalysts commitment to nurturing startups that adds value to the overall startup landscape in India.

Dr. Apoorv Ranjan Sharma, President & Co-Founder, Venture Catalysts, said, “The corporate innovation market in India is growing rapidly, and we wanted to address the gaps that exist in the market through this strategic investment in IncubateHub. By bringing established companies and startups together, IncubateHub is helping the former to overcome the barriers to enterprise innovation.”

Dr. Apoorv Ranjan Sharma, added, “At the same time, it brings a great opportunity for our startups to work closely with successful corporates and experienced professionals to test, pivot and validate their ideas and bring them to life in a real-world scenario. This is a win-win solution for both parties, which would also give huge fillip to India’s startup ecosystem.”

Anuj Golecha, Co-Founder, Venture Catalysts, said, “The fact that both VCats and IncubateHub are driven by a single vision, i.e. to empower the startups in India, is what inspired us to take this investment decision. Moreover, there are vast and complementary synergies between two businesses, and therefore the expansion of both is set to happen hand in hand. We are confident that this association will prove to be beneficial for large corporates and up-and-coming startups alike.”

Rajiv Mukherjee, Co-Founder, IncubateHub, said, “IncubateHub has been growing at 66% CAGR for the last 4 years with annual revenue of INR 2 crore for FY 2018-2019. Given our exponential growth since inception, it is now the time to increase our operational capacity and expand our footprint globally. The capital infusion from Venture Catalysts comes at just the right time and it will help us further bolster our presence in the market.”

IncubateHub was founded by Rajiv Mukherjee Uday Vipra and Pradeep. It connects large corporates with a curated community of deep tech startups to help them create proof of concepts, accelerate solution development, drive digital transformation and build capacity.

(Image – Venture Catalysts)

Tags: fundingIncubateHubInvestmentNewsstartupVenture Catalysts
Tweet54SendShare15
Apoorv Anupam

Apoorv Anupam

https://in.linkedin.com/in/apoorv-anupam www.twitter.com/apoorvanupam

Recommended For You

 Alaska Airlines’ $1.9 Billion Acquisition of Hawaiian Airlines

by Anochie Esther
December 4, 2023
0
Alaska airlines

In a groundbreaking development in the aviation sector, Alaska Airlines has unveiled plans for a $1.9 billion acquisition of Hawaiian Airlines. This strategic move, pending regulatory and shareholder...

Read more

OpenAI’s $51 Million Investment in Rain Backed by CEO Sam Altman

by Anochie Esther
December 4, 2023
0
Rain

Recent revelations shed light on OpenAI's strategic move to invest $51 million in brain-inspired chips developed by Rain, a startup based near OpenAI's headquarters in San Francisco. The...

Read more

Google’s Gemini AI Model Faces Launch Delay Due to Non-English Query Issues

by Harikrishnan A
December 4, 2023
0
Google’s Gemini AI Model Faces Launch Delay Due to Non-English Query Issues

The highly anticipated next-generation AI model from Google, Gemini, is facing setbacks in its developmental journey. This has caused a delay in its public launch, which is now...

Read more
Next Post
Tata Quant Fund

Tata Mutual Fund launches AI-Powered Fund - Tata Quant Fund

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Nexcopy USB Duplicator

Make data loading to flash drives a simple process. Nexcopy USB Duplicator Systems.

Related News

How To Beat Escape from the Castle Claymount

How To Beat Escape from the Castle Claymount

December 2, 2023
Blooket

How to hack blooket

September 30, 2022
How to get Johnny Silverhand arm in ‘Cyberpunk 2077’

How to get Johnny Silverhand arm in ‘Cyberpunk 2077’

August 28, 2023
How to send a gift message on Instagram

How to send a gift message on Instagram

August 18, 2023
How to get Santa on ring doorbell

How to get Santa on ring doorbell

August 7, 2022
Cybertruck in a showroom

Tesla Cybertruck Showroom Locations: Where to See the Electric Beast in Person

November 24, 2023

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at info@techstory.in

BROWSE BY TAG

#Crypto acquisition AI amazon android Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk entrepreneurship Ethereum facebook flipkart funding Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT Russia Social Media SpaceX startup startups tech Tech news technology Tesla TikTok trending twitter uber whatsapp

© 2023 Techstory Media Pvt Ltd

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2023 Techstory Media Pvt Ltd

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?