scorecardresearch
Wednesday, April 24, 2024
Support Our Journalism
HomeEconomyDeals worth Rs 196 crore in funding startups signed at IIIE Conclave

Deals worth Rs 196 crore in funding startups signed at IIIE Conclave

Follow Us :
Text Size:

Kolkata, Jan 28 (PTI) Deals worth Rs 196 crore in funding startups were signed at the India Innovation Impact & Entrepreneurship Conclave (IIIE Conclave), a major event for startups and traditional businesses, according to organisers.

There were a total of 58 unique pitches from the startups and eight equity investments.

“A total of Rs 116 crore in equity and Rs 80 crore in debt have been pledged till now in the startups,” a statement said here on Saturday.

The conclave at the Bengal Global Trade Expo provided access to funding opportunities, a platform for investor-investee relationship, and boosted job opportunities for aspirants.

Angel investors like Gautam Sivaramakrishnan from Blume Ventures, Gautam Vamshi, a start-up investor, and Sayed T Husain, Executive Director of JP Morgan Chase & Co., were present during the concluding session on Saturday. PTI BSM NN NN

This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular