26 Aug, 2023

AIM - Bhubaneswar

In a strategic collaboration with Fluid Ventures and UCCIL, AIC-Nalanda orchestrated the Angel Investment Mantra Bhubaneswar Chapter, a dynamic initiative aimed at igniting the interest of local High Net-worth Individuals (HNIs) in angel investing. This endeavor unfolded in Bhubaneswar on 26th August 2023, the vibrant capital city of Odisha, bringing together 8+ HNIs, predominantly prominent industrialists.

 

Event Highlights:

Introduction by Mr. Durga Prasad:

Mr. Durga Prasad set the stage, offering insights into AIC-Nalanda's mission and the startup ecosystem's current state. He emphasized the crucial role of angel investment in nurturing innovation and driving economic growth, outlining the main objective of the Angel Investment Mantra – educating HNIs about its potential benefits.

 

Keynote by Mr. Amit Singal (Fluid Ventures):

Mr. Amit Singal, a Founding Partner at Fluid Ventures, shared a captivating keynote address, drawing from his extensive experience as an angel investor. He underscored the rewarding journey of supporting early-stage entrepreneurs and discussed the advantages of viewing startups as a unique asset class for investment.

 

Guest Speaker - Sri Brahma Mishra (UCCIL):

Sri Brahma Mishra, President of UCCIL, shed light on the symbiotic relationship between startups and established industries. He emphasized UCCIL's commitment to fostering an ecosystem where startups can thrive and collaborate with established businesses.

 

Networking and Interaction:

The event provided a valuable networking platform for HNIs to interact with each other and key representatives. This interactive segment allowed HNIs to explore their interest in angel investing, share experiences, and identify potential investment opportunities.

 

Conclusion:

AIC-Nalanda's Angel Investment Mantra event in collaboration with Fluid Ventures and UCCIL proved to be a catalyst for Bhubaneswar's startup ecosystem. It successfully disseminated knowledge about angel investing, highlighted its potential benefits, and fostered networking among investors and entrepreneurs. This collaborative effort is instrumental in encouraging local investment in startups, contributing to the growth and vibrancy of the regional entrepreneurial landscape.

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