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The government’s recently launched “Startup India” campaign is all set to fuel the startup revolution in the country. In order to take the campaign a step further and put things into action, Green House Ventures (GHV) Accelerator has announced to take star performing startups from India to the Asia Leader’s Summit (ASL) 2016, a two day Startup Event to be held in Bali.
The event is aiming to provide these startups a chance to gain valuable exposure & insights that can give them an edge in the highly competitive market scenario as well as carve a niche for themselves.
The event will take place in Bali from the 27- 29 of January 2016. The objective of the summit is to build a robust, dynamic community of leaders, entrepreneurs and investors from the Internet & mobile industries across Asia, and create a regional platform for them.
The leadership summit will witness a special panel discussion on ‘India Now: The World’s Hottest Market’ where prominent speakers from India’s startup scene will highlight how India has risen to become the hottest startup market in the world. The speakers include Rajat Tandon, Vice President, NASSCOM; Vikram Upadhyaya, Chief Mentor & Accelerator Evangelist, GHV Accelerator; Vikram Gupta, Founder and Managing Partner, IvyCap Ventures and Shradha Sharma, Founder and Chief Editor of YourStory.
Speaking on the development, Vikram Upadhyaya, Chief Mentor & Evangelist at GHV Accelerator said, “This year, Startup India has taken center stage. ALS 2016 is hosting an India-centric theme, where over 2 days, a 100 plus investors from Asia will be meeting the 10 promising startups from India (who are at early & growth stages). GHV Accelerator is proud to take #StartupIndia to Asia in such a short time.”
The summit will provide these shortlisted startups an opportunity to network and gather experience from the ‘biggies’ of the Asian startup space.
The shortlisted startups are selected on the basis of their scalability; how will they impact the masses; their asset light model; fundability and the team.
Here are the startups that are going to be part of this leadership summit:
Practo
Founders: Shashank ND and Abhinav Lal
Founded in: 2008
Funding: $4 Mn in Series A, $30 Mn in Series B and $90 Mn in Series C round of funding
Description: Practo is on mission to help improve human longevity by simplifying healthcare.
LazyLad
Founders: Saurabh Singla, Paresh Goel and Ajay Sethi
Founded in: 2014
Funding: $100K after joining GHV accelerators and $500K in seed round of funding
Description: LazyLad connects all the brick and mortar stores and increases their business by leveraging technology.
Crownit
Founders: Sameer Grover
Founded in: 2014
Funding: $5.5 Mn in Series A round of funding
Description: Crownit provides technology to local businesses to run marketing programs to attract consumers.
Fitmein
Founders: Nidhisha Varshney, Lalit Singh and Vishesh Goel
Founded in: 2015
Funding: $100K in seed round of funding
Description: Fitmein is an online platform that provides access to multiple fitness studios, gearing up to make India Inc Healthy.
Loginext
Founders: Dhruvil Sanghvi and Manisha Raisinghani
Founded in: 2014
Funding: $500K in seed round and $10 Mn in Series A round of funding
Description: LogiNext employs smart technology to help the companies to avoid postponements, incorporate transparency, and perform real-time tracking to get insights about their moving assets, distribution networks and supply chain.
Applop
Founders: Rahul Singhal
Founded in: 2015
Funding: $100K in seed funding
Description: Applop helps a smartphone user to create and manage their own mobile apps.
Every year, ALS invites strictly-selected C-class IT executives, startup founders, and leading investors. This year, ALS expanded its network to India, one of the hottest startup community in the world
Gurgaon-based GHV Accelerator will be leading this startup convoy along with NASSCOM VP Rajat Tandon from India.
Japan’s largest seed stage VC firm – Incubate Fund – that has operations in Tokyo and Singapore, has organized the leadership summit. Having invested in over 150 startups in the past 5 years, and currently managing a $200 Mn fund, Incubate Fund is strongly backed by seasoned Chinese and Japanese investors. The summit has been co-organized by the Golden Gate Ventures, which is an early stage venture capital firm that invests in companies across Southeast Asia.
Rajat Tandon, VP-NASSCOM 10000 startups further added, “The vibrant and dynamic landscape of the Indian startup ecosystem has been given the much needed impetus with the ‘Startup India Standup India’ initiative by the government. We, at NASSCOM, intend to take this drive to Asia through Asia Leader’s Summit, showcasing some of the most promising and brightest Indian startups to Asian VCs.”
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