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2013-05-31

Indian Angel Network launches business plan competition for Indo-Pak entrepreneurs

Indian Angel Network (IAN) on Friday announced its new cross-border business plan competition, Startup Dosti in partnership with Karachi-London based SEED Ventures and the Washington DC based Atlantic Council.

Indian Angel Network (IAN) on Friday announced its new cross-border business plan competition, Startup Dosti in partnership with Karachi-London based SEED Ventures and the Washington DC based Atlantic Council.

A release issued by IAN said that the initiative will connect entrepreneurs from India, Pakistan, and the diaspora community and facilitate collaboration. Through this business plan competition, shortlisted entrepreneurs from Pakistan and India will get an opportunity to access markets, and mentors from across the border.

IAN has a gamut of investors based overseas investing actively in IAN companies and investee companies based overseas, the release added.

Padmaja Ruparel, President, Indian Angel Network said, “Startup Dosti will interconnect the entrepreneurial communities across India and Pakistan, thus creating a platform for exchange of ideas, mentoring, assistance in access to markets. Given the similarities in the market stages in India and Pakistan, entrepreneurs from both countries can now look forward to assisted access to a significantly sized market in their neighbourhood. IAN is delighted to partner as this collaboration will help drive the economic growth in the region and build another track of seed/early stage ventures between India and Pakistan.”

The launch event of Startup Dosti in London on June 3, 2013 will feature remarks by Andrew Stephenson MP, Chairperson, All Party Parliamentary Group on Pakistan; Virendra Sharma MP, Vice Chair, Indo-British All Party Parliamentary Group amongst others.

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