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Business EconomyPosted at: Jul 31 2022 6:50PM


Guptaji Invests signs MoU with T-Hub for funding opportunities to Indian entrepreneurs

Hyderabad, July 31 (UNI) Guptaji Invests, an Angel network of HNIs, NRIs, professionals and traditional business owners exclusively of Gupta / Vysya community and T-Hub signed Memorandum of Understanding (MoU) .

In a statement here on Sunday, T-Hub CEO Mahankali Srinivas Rao said, Guptaji Invests will be an investment partner to T-Hub. Aligning T-Hub’s idea of 6 Ms (Mentors, Market, Motivation, Manpower, Money, and Methodologies) and 2Ps (Partnerships and Policy Advisory), the partnership will open more funding avenues for Indian entrepreneurs.

We are bullish on creating a strong funding ecosystem for our entrepreneurs, and this collaboration is a testimonial. T-Hub and Guptaji Invest are working towards the common goal of unlocking more growth and funding opportunities for startups in India”, he added

With such partnerships, T-Hub continues to work towards boosting the investment landscape of the Indian ecosystem. Till now, T-Hub has provided market access to 300+ Indian startups with 18+ international interventions. It has conducted more than 10 market access programs and facilitated 200+ international startups from more than 42 countries. T-Hub will continue to drive collaboration between startups and leading innovation, Rao said.

Commenting on the MoU just signed, Mr Ravi Teja Gupta, an entrepreneur-cum-seed investor said the Gupta community which is traditionally a business community is now being transformed through Guptaji Invests into startups investor community.

In India, there are around 30 active angel networks. Myntra, Khatabook, Wow! Momo, BharatPe companies like these and many have raised funds from angel networks. We aim to be one of the active and happening Angel NetworkS in India, Ravi Teja Gupta said.

Elaborating on their plans, Ravi Teja said ‘we target to raise 50 lakhs to one crore investment for each startup. And we would like to support and help 100 startups to raise funds in the first financial year of our operations. Right now we have on boarded ten investors and 30 more investors are already confirmed and are in the process of onboarding. We plan to onboard 100 investors in the next quarter and 500 by the end of the year.

Plans are also on the anvil to create an investment fund from the Gupta community. And we are confident of creating an Rs 100 crore fund in the next one year, the statement added.
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