Ivy Growth Associates Announces 2nd Season of Start-up Summit '21BY72', 200+ Start-ups and 500+ Investors Expected to Join in Surat

20 start-ups to raise funds during Live pitching session at Summit

IVY Growth Associates, a venture capital firm and start-up accelerator, in partnership with SteamHouse India Limited announces the second edition of its annual Start-up Summit ‘21BY72’ in Surat city. The summit is set to witness the grand participation of 60+ Venture Capitalists and 500+ Angel Investors and over 200+ start-ups hailing from all over India and globally. The summit is scheduled for 16, 17, 18 June at Avadh Utopia, Surat. All in all 10,000 attendees from across the globe are expected at the summit which will facilitate opportunities worth roughly over 20 Crores and contribute to the national start-up ecosystem.

 

Surat ranks among one of the fastest growing cities in the world and one of the wealthiest city in India with Diamond and Textile Industries being the key contributor on a Global Landscape. Surat has witnessed over 600+ emerging angel investors participate in the Indian Start-up Ecosystem just in the past couple of years and seen success stories from Surat based Start-ups.

The summit works around the core objective to catalyse collaborations, provide a platform to entrepreneurs to exhibit and present their concepts, and opening investment opportunities for investors from across the world. The summit has successfully served as the Launchpad for start-ups like Emotorad, Legalpay, Stylework, Gorillalink (An Israeli Start-up).

The upcoming edition will see some key names from the ecosystem participating including Shark Aman Gupta (Co-Founder & CMO, Boat), Arjun Vaidya, CA Sarthak Ahuja and notable VC Firms like 100XVC, Blume Ventures, Artha Ventures and many more.

There will be knowledge-sharing sessions from over 80 Industry Veterans and 10+ Mega Influencers and live pitching sessions. It is expected to fuel funding to 20+ start-ups in the live pitching sessions.

IVY Growth Associates has already gained the ground in the city of Surat, various parts of India like Ahmedabad, Mumbai, Bangalore, Delhi and The United Arab Emirates. It further aims at expanding its wings across Tier-2 and Tier-3 Cities like Indore, Nagpur, Pune, Hyderabad, and Kolkata. The summit will add another stud in the start-up accelerator’s portfolio and encourage the budding minds from other cities and countries too as the brand moves ahead in its journey.

IVY Growth aims at facilitating start-up funding worth 50 Crores, across at least 30 start-ups by the end of the current fiscal, and take the same number up to 200 start-ups in next five years.

“We have a very ambitious target of providing opportunities to at least 30 start-ups by the end of the ongoing fiscal. To achieve the same this summit will play a key role. The summit is expected to accelerate the entire process and help us reach our goal faster. At the same time, not that it brings investors and entrepreneurs under one roof, but also motivates others to come forward and participate. This is largely to encourage more ideas, and inspire more minds,” said Mr. Rachit Poddar, IVY Growth Associates.

IVY Growth Associates is not just working in India but has also grown the community globally. It has organised conferences in the UK, UAE and few more with the vision of building global corridors by the rise of angel investors.

About IVY Growth Associates

Founded by CA Prateek Tosniwal, Rachit Poddar, Sharad Todi & CA Mehul Shah, IVY Growth Associates is led by individuals having a combined experience of 30+ years in various fields and have collectively invested in 100+ start-ups. IVY Growth comes with a rich experience of leading funding for growth stage startups and mentoring them to succeed. Some of their marquee startups include the likes of Emotorad, Zypp Electric, BluSmart Mobility, Cleardekho, Sapio Analytics etc.

SeedVC Lauds the IVY Growth Associates’ Startup Summit in Surat

• The 3-day event saw a massive footfall of more than 7000 attendees from across the globe.
• More than 150 Founders, 25+ VCs and 100+ Angel Investors were a part of the Summit.
• There were multiple activities planned throughout, including panel discussions, keynote addresses, chances to pitch, networking dinners, private breakout rooms, incentives, recognition and more

Recently, Seed VC attended the 21by72 Startup Summit organized by IVY Growth Associates and Sapio Analytics at Avadh Utopia in Surat. The event saw a footfall of more than 7000 attendees from across the globe. The event which was a roaring success housed above 150+ Founders; over 25 and more Venture Capitalists and more than 100+ Angel Investors.

The event was inaugurated by Harsh Sanghavi, the honorable Home Minister of Gujarat State.

There were multiples event such as pitching events, exhibitions, round-table discussions and 1-o-1 Networking. The event also provided an opportunity to over 50 startups to raise capital at the event.

SeedVC was among the core jury of the panel for the Shark Tank inspired segment ‘Trailblazer Mine’ where start-ups pitched themselves in front of Investors. The company in its statement has revealed that they are in final stages of closing the funding deal with two startups namely, Voisa and Decode Age who pitched themselves at the Trailblazer Mine event. Currently the amount of the deal has not been disclosed yet.

Further, Venkata Raman, Managing Partner of Seed VC was among the panelist of the segment, Panel Discussion on Angel Network and VC Funds alongside many of the investors including Arjun Vaidya, Verlinvest and Eklavya Gupta, Recur Club to name a few.

Appreciating the success of the event, Gaurav Agrawal, Managing Partner, SeedVC commented, “Surat is the world’s fastest-growing city. It has been an incredible experience to meet fascinating entrepreneurs / Investors and listen to their views on building interesting large-scale problem-solving companies in India. Kudos to Rachi Poddar and the entire army of IVY Growth Associates for putting this massive event together.”

He further stated that the event will pave the way for the younger generation to contribute to the Indian economy and make a significant difference in the future with their innovative solutions.

SeedVC is a VC firm that invest at early- stage focused on pre-seed to Series-A, with a vision to support, nurture and grow the start-up ecosystem. Headquartered in New Delhi & Dubai, supported by a vibrant Investors community of some of the smartest minds globally. SeedVC is committed to investing around 10-25% of the required capital along with Investor’s funds in every start-up, which will be finalized. Being backed by our own in-house capital & expertise along with a strong Investor community, we provide ample opportunities for collaboration and support.

Electric Mobility Startup INDEANTA Raises $150K in Bridge Round from Ivy Growth Associates and Others

Electric mobility start-up INDEANTA raises $150,000 from IvyGrowth Associates and a network of Angel Investors. The round is led by Prateek Toshniwal, Mehul Shah, Nine Spar& others. The fundraise represents a bridge round in their ongoing Pre-Series A round.

Having started operations in Dec 2020, Indeanta began with its in-campus mobility services. The brand was India's first & one of the only companies globally to offer multi-modal electric ride-hailing and ride-sharing services for university students. These services include electric buggies, electric motor scooters, electric bicycles for the in-campus commute and electric cars. All these services can be accessed through their mobile application.

Indeanta has received attention from prominent E-Commerce and logistics companies across India and is in the process of signing MoUs to provide upwards of 15,000 three-wheelers and light commercial trucks used for deliveries across multiple cities in India over the next 3 Years.

"At Indeanta, we firmly believe that Electric Mobility as a Service (EMaaS)is a vastly underserved sector. The Electric Mobility space is crowded with OEMs, component suppliers and technology enablers; however, the service industry is where the change is taking place. One cannot go without the other. We are glad the investors have extended their trust, financial support and mentorship towards us. This certainly will help us achieve our ambitious plans in the pipeline," said Dr. Aaron D'souza, the founder of Indeanta.

"Considering the EV space growth and the In campus demand in institutes, INDEANTA will be a company to look for in the future. Dr. Aaron D'souza is one of the most passionate founders and will be leading this journey in the decade ahead," said Prateek Toshniwal, Cofounder, IVY Growth Associates.

The funds raised will be used to hire talented and driven people to help expand the business both in India and abroad. A part of the fund will also be used to strengthen the technology platform, on-board OEMs with our leasing plans in order to continue staying asset-light and, most importantly, to focus on innovation and improvements with regard to battery technology, V2G(Vehicle to grid technology) and smart charging infrastructure.

The company claims to have a presence in 6 Indian states and is looking at revenue close to USD 2 Million for this financial year.

About INDEANTA

Founded by Dr Aaron Dsouza, an Orthopaedic surgeon, INDEANTA was started in December 2020 with the idea of providing smart, connected, convenient, easy to use mobility services for students of large universities. Indeanta aims to completely replace conventional vehicles within institutions and e-commerce delivery spaces with clean & sustainable ones. They also aim to set up a network of charging stations for EVs along with Battery Swapping Centres to reduce the downtime in the E-Commerce logistics space. Some of their marquee clients are Manipal Institute of Technology (MIT), IIT BOMBAY, St. Aloysiusgroup of Institutions (Autonomous), Yenepoya Medical College and Hospital and Souza Trading Company.

200+ Startups and Investors to Join Startup Summit "21 by 72" in Surat Organized by Ivy Growth Associates

IVY Growth Associates brings Startup Summit '21 by 72' in one of the fastest growing cities in the World, Surat!

Surat based IVY Growth Associates in partnership with Sapio Analytics announces '21 by 72' Startup Summit and Expo which will bring together more than 200+ startups and investors to the ‘next upcoming startup city’ in India. 

The expo and summit is going to be held on 17th, 18th and 19th June 2022 at Avadh Utopia in Surat. '21 by 72' is an event showcasing over 200+ Start-Ups/investors, attracting 5000+ attendees from across the country and globe, focused on developing the Start-Up EcoSystem where the National & International Investors interact with VCs, Angel Networks, Entrepreneurs from across the Globe. This summit will establish Surat’s, India’s ninth largest city, image as the renowned business and startup hub for the world.

The summit is made in a format where there are multiple activities planned for the startups, right from pitching events, to exhibitions, round-table discussions, and 1-o-1 networking. '21 by 72' Startup Summit and Expo has already garnered the interests of speakers and participants like Mahavir Pratap Sharma, Deepanshu Manchanda of ZappFresh, Anuj Parekh of HealthySure, Sheetal Soni of MI Capital and Jatin Kataria of We Group who are serial entrepreneurs, investors and mentors!

The startup summit and expo is aligned with IVY Growth Associates’ vision of nurturing and accelerating 500+ startups in India and globally by 2030. To this effect, IVY Growth has collaborated with Atal Innovation Centers and Incubation centers across India, where they will scout and target to make 50 startups market-ready every year. 

Talking about the startup summit, Sharad Todi, Founder Member, said “Over the past few months since Inception of IVY Growth Associates, our team has been working with a vision of creating an impact in the Global Startup Ecosystem and have invested and mentored 40+ startups. We have organized events in cities like Delhi, Guwahati, Dubai & London to create an awareness about Startups as an asset class and growth trajectory of the Indian ecosystem. With our first ever summit in Surat '21 by 72', we aim to create a recognition for the diamond city in the startup ecosystem by bridging the gap between startups and investors. We aim to attract Investors and Startups from Pan India and globally to collaborate and create value for all the stakeholders involved.”

The delightful city of Surat is rapidly becoming one of the top business destinations in India. Surat is one of the Special Economic Zones of India, with a clear goal to increase foreign investments in India. Talking about choosing Surat for the summit, Shubhangi Toshniwal, Founder Member of IVY Growth Associates said, “Adjudged as the "Best Smart City in India" for consecutively two years, Surat has grown to become one of the largest hubs for various businesses of western India. Surat will be the world's fastest growing city from 2019 to 2035. With India's second largest Diamond Bourse coming up in Surat, the city is sure to shine brightest among any other Indian destination.”

About IVY Growth Associates

Founded by Sharad Todi, Shubhangi Toshniwal, Anuj Toshniwal, and Rachit Poddar, IVY Growth Associates is led by individuals having a combined experience of 30+ years in various fields and have collectively invested in 100+ startups. IVY Growth comes with a rich experience of leading funding for early stage startups and mentoring them to succeed. Some of their marquee startups include the likes of BluSmart Mobility, Valuationary, Charge Zone, Revamp Moto, Refrens!