Investor group Calcutta Angels Network
plans to support 10 startups, including at least three three city-based
ventures, in the remaining period of this fiscal.
plans to support 10 startups, including at least three three city-based
ventures, in the remaining period of this fiscal.
“We plan to support ten
additional startups this year. Three to four are from the city,” President
of Calcutta Angels Network (CAN) Siddharth Pansari said.
additional startups this year. Three to four are from the city,” President
of Calcutta Angels Network (CAN) Siddharth Pansari said.
Pansari, which owns the privately-held
Primarc Group, said that the startup eco-system in Kolkata is yet to evolve.
Primarc Group, said that the startup eco-system in Kolkata is yet to evolve.
“Bangalore, Mumbai and NCR are
way ahead in promoting the start-up culture. CAN members are trying their best
to come forward and support start-ups which have a good business model,”
he told reporters here.
way ahead in promoting the start-up culture. CAN members are trying their best
to come forward and support start-ups which have a good business model,”
he told reporters here.
CAN announced funding of Zeroinfy, a
city-based start-up engaged in the domain of education.
city-based start-up engaged in the domain of education.
The network would pick up 10 per cent
equity in Zeroinfy, Pansari said.
equity in Zeroinfy, Pansari said.
With 85 members in its fold, CAN,
which was founded three years ago, had made an aggregate funding of close to
eight crore. “The membership will cross 100 by the end of the year,”
he said.
which was founded three years ago, had made an aggregate funding of close to
eight crore. “The membership will cross 100 by the end of the year,”
he said.
CAN is also holding a start-up summit
in the city where prominent speakers are Kunal Kapoor of Ketto, Kaushal Dugar
of Teabox and Ravi Narayan of Microsoft Ventures among others.
in the city where prominent speakers are Kunal Kapoor of Ketto, Kaushal Dugar
of Teabox and Ravi Narayan of Microsoft Ventures among others.
