Chiratae Sonic Mixture Event at Amity University, Lucknow ( 5th December 2024 )

Event brief description –

Objective:

The Chiratae Sonic Mixture event aimed to bring together early-stage technology startups and investors to facilitate seed funding opportunities, networking, and mentorship. The event focused on simplifying the fundraising process and empowering founders to concentrate on innovation.

Event Detailed Description- 

Objective:

The Chiratae Sonic Mixture event aimed to bring together early-stage technology startups and investors to facilitate seed funding opportunities, networking, and mentorship. The event focused on simplifying the fundraising process and empowering founders to concentrate on innovation.

Outcomes:

1. Seed Funding: Startups had the opportunity to secure seed investments ranging from $500,000 to $2 million with a guaranteed 48-hour turnaround time.
2. Networking: Founders connected with leading industry veterans, potential investors, and partners, fostering valuable relationships.
3. Mentorship: Participants received guidance from experienced mentors on various aspects of business growth, including market analysis, team building, and product development.
4. Exposure: Startups gained visibility and exposure to a broader audience, including potential customers and collaborators.

Benefits for Incubated Startups from Chiratae Ventures:

1. Rapid Investment Process: Chiratae Ventures offers a streamlined and accelerated seed investment process, ensuring quick access to capital.
2. Mentorship and Support: Access to mentorship from industry experts and support throughout the growth journey.
3. Market Access: Opportunities to collaborate with established companies and gain market access through proof-of-concept projects.
4. Standardized Terms: Entrepreneur-friendly investment terms, making the funding process more transparent and straightforward.

Benefits for Incubated Startups from Startup:

1. Infrastructure and Resources: Access to state-of-the-art incubation facilities and resources to support startup growth.
2. Financial Support: Seed capital and marketing assistance to help startups scale their operations.
3. Policy Environment: A conducive policy environment that supports innovation and entrepreneurship.
4. Networking Opportunities: Participation in events and programs that facilitate networking with other startups, investors, and industry professionals.

This event was a significant step towards fostering innovation and supporting the growth of early-stage startups in India. The collaboration between Chiratae Ventures and StartInUP provided a robust platform for startups to thrive and succeed.

Mentor Name – Mr Ravi Ranjan, IAS, MD, UP Electronics, Lucknow

Department Name –Galgotias Incubation Centre for Research Innovation Startup & Entrepreneurs (GICRISE)

Event Outcomes:

1. Seed Funding: Startups had the opportunity to secure seed investments ranging from $500,000 to $2 million with a guaranteed 48-hour turnaround time.
2. Networking: Founders connected with leading industry veterans, potential investors, and partners, fostering valuable relationships.
3. Mentorship: Participants received guidance from experienced mentors on various aspects of business growth, including market analysis, team building, and product development.
4. Exposure: Startups gained visibility and exposure to a broader audience, including potential customers and collaborators.

Related Goal