PH Brio Online & Retail Services Limited has launched its new venture – Aimed at aiding and scaling the startup ecosystem, Bornbrio offers solutions as a marketplace to three predominant weak links, viz. funding, talent and specialised services, which hinder the growth of startups. With an objective of giving entrepreneurs the liberty of choice, it also offers the plethora of various other integrated services, they can pick and choose, depending upon their requirements.

Apart from its three primary solutions, Bornbrio also facilitates brainstorming and structuring of Ideas, syndication of angel investments, peer to peer consultation and mentoring by industry stalwarts.

Commenting on the development, Sandeep Maurya, Founder and CEO, Bornbrio said, “While the Indian entrepreneurs and their innovations are creating ripples across the globe, post the decline in VC funding in 2015-16, the capital inflows to Indian startups have slowed down greatly. Ensued by the dip in VC funding, many startups had to either shut shops or restructure operations by reducing in-house resources. Adding to the despair are the flawed banking system, funding gaps, absence of collaboration between stakeholders and most importantly the mindsets, which are more inclined towards MNCs. In view of such regressive developments witnessed, we decided to introduce a full shop solution with Bornbrio, for providing hope and countering certain major hitches in the Indian entrepreneurial landscape.”

The Bengaluru-based company was founded by Sandeep Maurya with the help of his co-founders Renu Srivastava and Pradeep Maurya. Being nurtured under the aegis of the parent - PH Brio Online & Retail Services Limited- Bornbrio is its second venture, meant to create an ecosystem that supports and encourages entrepreneurship and innovation.

Operating as the startup catalyst, it is a curated marketplace for funds, skills and business solutions for startups and SME's. Ever since the launch of the platform, the brand aspires to facilitate global movement of talent and capital for innovation, shaping a mutually favorable approach. Bornbrio not only allows online campaigning for funds but also live and competitive equity and debt offers by qualified investors.

“While India is just the beginning, ideas and innovation have no geographical boundaries and we expect to collaborate with the industry across the globe in ensuring that ideas and innovation find the resources required for success,” said Maurya.

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