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Odisha Startup Investor Join Occasion – Fundstack is again with its 3rd Version, Fundstack 3.0. This program shall be Odisha’s largest congregation of famend buyers who shall enrich this mega funding discussion board throughout the 2-day lengthy occasions and pitching periods for supporting startups to boost funds from angel networks and enterprise capitalist companies.
Dr. Omkar Rai, Govt Chairman, Startup Odisha, Govt. of Odisha launched Fundstack 3.0 on 20th October 2023 (Friday) over a digital gathering & additionally inaugurated the devoted web site for startups to start out making use of for this system and use this opportune second for elevating their first cheque from the funding companions.
Talking on the event Dr. Rai emphasised on the success tales that got here up from the final version which have been inspiring and motivational for the main in addition to aspiring entrepreneurs of the state. The 20 finalists of final yr’s Fundstack had acquired an opportunity to attach with a number of the most main funding companies of the nation and startups corresponding to Transport Easy, Homvery, Carbon Out, LarkAI and plenty of extra have been capable of safe their first fundraising.
Govt Chairman Dr. Omkar Rai asserted that Fundstack 3.0 might be a chance to introduce the Odisha Startup Progress Fund (OSGF) and allow extra companions to affix this initiative of Startup Odisha, Govt of Odisha to gasoline the expansion of startup ecosystem in Odisha.
This yr additionally 50 chosen startups shall be curated by specialists and mentors by an funding readiness workshop who in flip will pitch earlier than the buyers on 21st November 2023 from which high 20 startups shall be shortlisted to be a part of the devoted one-on-one conferences over pace courting and networking periods on the mega closing ceremony on 22nd November 2023.
Fundstack 3.0 is conceived with the purpose to present homegrown startups the much-needed publicity on funding ecosystem and assist them perceive the dynamics of the brand new age entrepreneurship thereby aligning with Odisha’s objective of being the Greatest Startup Hub in India and residential to 5000 startups by 2025.
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