VCats join hands with Kanpur Angel Network, extends its reach towards North India
It is a strategic and crucial move for Venture Catalyst as this collaboration will allow them to have a strong footing in the Uttar Pradesh region of North India.
India's first integrated incubator, Venture Catalyst, is outreaching and expanding towards North India at an accelerated speed. Post its UP chapter in September 2018, VCats now has joined hands with Kanpur Angel Network (KAN), one of the oldest and most active investor in the country. It is a strategic and crucial move for Venture Catalyst as this collaboration will allow them to have a strong footing in the Uttar Pradesh region of North India.
Uttar Pradesh, one of the largest states in the country, is thriving and rich in small business ideas, that can be scaled upwards with the aid provided by experts from Venture Catalyst. Post the partnership, it is expected to fuel the growth of many such small businesses and start ups in the region. What could be better for a start up than one accelerator? Well, two. Moreover, the calculated move to associate with the city of Kanpur will bring the focus back on the city which was once known as 'Manchester of the East' and more recently, known as 'the Leather City' and also 'the Biscuit Factory of India', for the right reasons.
On the development between VCats and KAN, Dr. Apoorv Ranjan Sharma, Co-founder and President, Venture Catalysts said, " Venture Catalysts aims to bring international level support, opportunities and resources to local businesses by enabling local entrepreneurs with structured assistance. We are extremely happy to partner with Kanpur Angel Network, who share the same mission with us. Kanpur, and the entire Uttar Pradesh is thriving with viable business ideas, and KAN, through their years of expertise, helps us identify the best of the lot. The partnership has a single-minded vision to help young homegrown businesses grow to create great value for the long term with the help of our expert community and services."
Amit Tiwari, Co-founder, Kanpur Angel Network, commenting on the same said, "It is our mission to identify and nurture local businesses with immense growth potential. The network brings together like-minded people, and our partnership with Venture Catalysts is testament to that. With this partnership, our investees will have a wider range of funds, mentor-ship and exposure to a global community to help their businesses thrive."
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