Chitkara University startups raise ₹2.5 crore

The Center for Entrepreneurship Education and Development (CEED) of Chitrakar University has organized a mega startup investor roadshow in collaboration with Agility Ventures, an investor-focused venture capital firm.

The event saw participation from both Indian and international start-ups in the pre-revenue and post-revenue phase. He pitched 20 investors, including major investors, angel investors and micro venture capital (VCs). The event is an excellent platform for Tier-2 City startups to network with experienced investors.

Tata Motors’ former Chief Human Resources Officer Gajendra Chandel, Fluid Ventures Founder Dhianu Das’s Agility Ventures and General Partner, Capsons Group Managing Director Tushar Kapoor, CEOs of SEDER, Sumer Walia, Director of SuperDonets Mandi, ISB, IIT Roper, The Indus Entrepreneurs (TiE), Chandigarh Angels Network, Punjab Angels Network, Punjab Chamber of Commerce and Industries (PCCI) and PHD Chamber of Commerce and Industry (PHDCCI) among others.

Eleven shortlisted start-ups presented their ideas to raise funds for their dream projects, some of which were successful in securing funding and acceleration commitment from investors. A start-up called Chai Nagri, which provides tea at reasonable prices, received a research 1 crore. QuickStay, which makes it easy to move to a new city through an app that lists the best features to choose from 75 lakhs. The Kulcha village has received a grant 50 lakhs.

Other startups that have voiced their ideas include the pilgrimage, tech-enabled transportation retail chain; AnCrypto.io, a secure consumer-focused platform to simplify crypto currency investing, exchange and lending in a decentralized and democratic ecosystem; Really organic, it focuses on clean and healthy food; SD Academia, one of the most innovative arts organizations; 80-Wash, Waterless 80-Wash Technology; Cregjo, a community that brings together like-minded people; Kidbia, a spill-proof Kidswear apparel brand; And Better Beauty, a concept in partnership with clean beauty brand actress Anita Hasanandani.

Agility Ventures, an investor-focused venture capital firm, has been doing road shows across India for entrepreneurs for 12 years. Founder Dhyanu Das said, “We are delighted that seven startups have received investment commitments at our first road show.”

Speaking on the occasion, Madhu Chitkara, Pro-Chancellor of Chitrakar University, said, “This is our second investor festival and we have been organizing it for the past three years. It is exciting to see how well our start-up ecosystem has grown.”

CEED Director Sumir Walia, who claims India is the third largest unicorn hub after the United States and China, said, “The success of start-ups lies in the ability to build more customers and raise money from investors. The overwhelming response has been received from investors.

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