In keeping with its long-term vision of reinvigorating the country’s entrepreneurial landscape, Venture Catalysts, India’s leading & fastest growing seed investment and innovation platform, recently played host to a 54+ member delegation from Japanese FMCG giant Shiseido at its Mumbai facility. The visit saw VCats and Shiseido discuss several critical factors pertaining to new business ventures, such as innovation, business opportunities, and investments. The delegation also interacted with VCats’ investee companies Beardo, vPhrase Analytics, and CoutLoot to exchange global practices and gain a more in-depth understanding of the market dynamics and the consumer purchase behaviour in India.
Shiseido’s visit is promising news for the Indian start-up landscape, as it underlines a renewed global interest in emerging tech ventures in the country. VCats, with its unrivalled expertise in providing end-to-end support to high-potential Indian start-ups, has also consolidated its position as the preferred enabler and partner for indigenous and foreign corporate players and investment firms looking to enter the highly-lucrative Indian market. The platform already has several strategic collaborations with leading industry players such as Cox and Kings, HDFC, Plug and Play, Reliance -GenNext etc, giving its investee startups access to some of the biggest corporate companies in India and increasing their chances of success by enhancing business opportunities.
Speaking on the visit, Dr. Apoorv Ranjan Sharma, Co-founder, Venture Catalysts, said, “The Indian start-up ecosystem is once again piquing the interest of investors and potential collaborators across the world after undergoing a phase of consolidation. Early-stage Japanese firms, in particular, have been supporting emerging ventures with funds and tech expertise. The Shiseido delegation to VCats underlines this renewed interest in the Indian market and the innovative tech-driven solutions offered by start-ups in the country. We are extremely enthused by the stimulating exchange of ideas and business practices with Shiseido, and look forward to collaboration opportunities with other prospective partners around the world.”
Founded in 1872 as Japan’s first Western-style pharmacy, Shiseido has since evolved to become the country’s largest multinational personal care company. It owns numerous brands and subsidiaries worldwide, in addition to its founding label.
With more than 2,000 angel investors associated with its rapidly growing network, Venture Catalysts has established itself as the leading seed investment and innovation platform in India. It has also cemented its position as the most active angel network in India by facilitating investments to the tune of $3 million in 15 promising start-ups in the past one year, across a range of high-growth sectors such as e-commerce, fintech, artificial intelligence, and logistics etc.