29th Jan 2020
Start-ups need mentor more than an Investor: Dhianu Das
G H Raisoni Technology Business Incubator Foundation in association withBoudhik Ventures, Startup Buddy, InnoWork organized Rising Bharat:Connecting dots for Startups. The expert Speakers for the event were; AmitSingal, Founder, Startup Buddy; Dhianu Das, Angel Investor & Founder, AlfaVentures; Neeraj Das, General Partner, 7GATE Ventures; Bibin Babu, Founder,Innowork and Vivek Dahiya, Co-founder & Director, Boudhik Ventures.Dr. Sachin Untawale, Director, GHRCE gave the welcome address andpresented memento to all invited speakers. Dr. Untawale highlighted the need ofsuch handholding mentoring workshop for budding entrepreneurs and start-ups.Dr. Mragna Gupta, manager, GHRTBIF and Prof. Ravikumar Tiwari,Coordinator, GHRTBIF were also present during inauguration.Program started with session on “Importance of building a brand” by Mr. BibinBabu, Founder of Innowork & BlocSpaze. Bibin started his talk by sharing hisjourney from working for Google to one of investors in SnapChat. He highlightshow brand of a start-up matters when it comes to market. “To make yourselfbrand in particular market, you need to have personal human touch”, he said.Next session was on “Intellectual Property-Do’s & Don’t for Business growth”by Mr.Vivek Dahiya, Co-Founder & Director, Boudhik Ventures. Vivekinformed various Intellectual Property Rights like Patents, Trademark, andCopyrights. He then explained importance of IPR for Start-up by taking somecase-studies where few start-ups like GreyOrange-Robotics who has 54 patentapplications and how they are commercializing their Innovation throughpatents. He also explained how it is important to secure your Brand name andlogo by trademark. After this, the session was on “Investors perspective whilefunding a start-up” by Dhianu Das, Angel Investors, Alfa Ventures. Dhianu iswell known angel investors who invests in students and early stage start-upalong with handholding mentoring. Dhainu told attendee Startups that you needan investor who will mentor you at each stage of your start-up. He then takeexamples of some of the start-ups he invested in. “90% investors invests onFounder and not on Start-up”, he said. Next session was on “ Opportunity forIndian Start-ups outside India” by Mr. Neeraj Das, General Partner, 7 gateVentures. 7 Gate Ventures is a venture capital firm based in Vancouver,Canada, and Silicon Valley. Neeraj informed how he and his organizationshelps Indian start-ups to enter in international market. Last session was on “Importance of compliances and co-founders agreement” by Mr.Amit Singal,Founder, Startup Buddy. Amit is also angel investors who invests in early stagestart-ups. He explains various legal processes and compliances for registeringstart-up. “An investors won’t be investing in a start-up if it’s not legallycomplied” he said. He also explains how a start-up valuation is done. Last partof program was Start-up Pitch by Start-ups from in and around Nagpur. Startupslike Rostail, 3NotRobotics, WeKirana, VirtualFarm, iAmGenie and World4.0-Industrial IoT pitched their start-ups in front of all the invited dignitaries. Allthe invited speakers were impressed with some of the start-ups and alsoconcluded that all this start-up have great potential but at the same time theyneed handhold support. Prof.Ravikumar Tiwari proposed formal vote of thanksthanking Shri Sunil Raisoni, Chairman, Raisoni Group of Institutions and Dr.Sachin Untawale, Director, GHRCE to provide all the support required toorganize the event.