Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2015-02-04

Valpro partners with Nasscom, IIT Kanpur to facilitate investment for startups, SMEs

ValPro has tied up with Nasscom 10,000 Startups and SIIC of IIT Kanpur to support the platform for empowering the offerings and services available there.

Value Prolific Consulting Services (ValPro), a niche financial services company, today announced launched the web-based deal-enabling platform, Enablers. The portal, which invites members to discover, invest and achieve, enables and assists startups as well as small and medium enterprises (SMEs) to connect with HNIs, Angels and Venture Capitalist for fundraising, particularly for Seed and Series A funding.

To strengthen the initiative's offerings and provide for an effective networking environment, ValPro has tied up with Nasscom 10,000 Startups and the SIDBI Innovation and Incubation Center (SIIC) of IIT Kanpur to support the platform for empowering the offerings and services available there.

Commenting on the launch and the collaboration Anshuman Khanna, Director, ValPro said, "With our years of experience in investment banking we aim to initiate a simplified, streamlined and transparent fundraising process with the 'Enablers' platform for ambitious entrepreneurs with promising businesses. We believe the alliance with NASSCOM & IIT Kanpur will underscore our proficiencies in providing a wide array of professional services with close involvement in end-to-end transactions and not act as a mere intermediary or market place between entrepreneurs and investors."

The Small and Medium Enterprises (SMEs) in India have seen exponential growth over the last decade. According to the latest reports by the SMB Chamber of Commerce and the Ministry of Micro, Small and Medium Enterprises, India currently has more than 48 million SMEs. These SMEs contribute more than 45% of India's industrial output and 40% of the country's total exports. However, fund-focused SMEs face a variety of challenges in raising money. With the 'Enablers' platform, this challenge would be mitigated significantly.

Speaking about the alignment, Rajat Tandon, Sr. Director, NASSCOM 10,000 Startups said, "We're all about elevating the reach of startups and help early stage companies succeed. Considering the potential, we see there will be great opportunities for entrepreneurs and SMEs with commencement of the 'Enablers' platform across IT/ITES sector."

Enablers Investment allows entrepreneurs and companies to scale up their businesses by securing equity investment; further provides opportunity to investors to participate in attractive business propositions and makes the entrepreneurs investor-ready while handholding them through various stages of fundraising.

To fortify the enablement, 10,000 Startups has joined forces with the initiative, which aim to incubate, fund and support the start-ups in technology sector. Also, SIIC at IIT Kanpur joined hands with ValPro to foster innovation, incubation, entrepreneurship, technology transfer and commercialization to facilitate the 'Enablers' platform for entrepreneurs and SMEs.

Underlining the association, Dr B.V. Phani, Associate Dean - Innovation and Incubation, IIT Kanpur said, "The collaboration aims to generate sustainable impact through continuous engagement, with a vital role in preserving the knowledge for the entrepreneurs. We are delighted to associate with ValPro for the 'Enablers' initiative and look forward to strengthen it in coming years."

The unique platform will feature business proposals that are vetted and validated by a team of experienced professionals assisting the investors to invest in most efficient and lucrative business idea  across range of industries, including education, retail, e-commerce, healthcare, financial, IT/ITES, energy, travel and tourism, engineering, infrastructure, etc.

Related opportunities
  • Consumer Electronics
    About Godrej Appliances: - Godrej Appliances is one of the largest players..
    Locations looking for expansion Karnataka
    Establishment year 1987
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 1000 - 1500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • Others Health Care & Fitness
    Wellbeeing is an integrated clinic and healthcare centre in Bangalore..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2015
    Investment size Rs. 1 Cr. - 2 Cr
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • Preschools
    About Juniors Club:-Junior's Club is a place where kids as..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Fashion accessories - women
    Established in 1983 at Mumbai (Maharashtra, India), we “Tip Top..
    Locations looking for expansion Maharashtra
    Establishment year 1980
    Franchising Launch Date 2015
    Investment size Rs. 2lac - 5lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai suburban Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities