India Accelerator successfully conducted its first Demo Day, on February 16th, 2018, showcasing the Startup cohort at the Palms Country Club, Gurgaon. The event saw the presence of some eminent personalities like Harminder Sahni, Wazir (Founder) and Consultant, as the keynote speaker, startup veteran Prajakt Raut, investors like Pankaj Chopra, Ankush Gupta, Manav Bahri, Sumeet Arora, representatives from GAN Venture Fund, Keirestu Fund, IAN, corporate strategists and many HNI’s.
At the center of the event were pitches from 09 startups cutting across domains and at various stages of value chain. Panels comprising numerous business aesthetics punctuated these presentations.
“I was impressed to see the quality of startups and even more with the number of eager angel investors. It bodes extremely well for evolution and growth of Startup ecosystem in India”, shares Harminder Sahni.
An invite-only event for 75+ select audience, it was one of the few events to have witnessed an overwhelming turnout of the investors for the selected startups. With so many players under one roof, the event became a network hub and created great excitement in concern to the future partnerships. With a 10 minute slot each, startup made the pitch of their lives, post which a series of long and detailed meetings were set-up with relevant and interested investors to deep-dive into the models.
“We are very pleased with the way the event unfolded, with many investors showing inclination for follow-on funding for many of our graduating startups. However, the journey for IA has just begun. As we take root in this ecosystem we would continuously need to expand our investor and mentor network to be the meaningful differentiator that we aspire to be” commented Ashish Bhatia, The Managing Director of India Accelerator.
The India Accelerator Demo Day offered an opportunity to the investors to meet the team behind the brands and build the essential network association required among the business leaders and the upcoming talent in the field.