Saturday, April 27, 2024
Outlook.com
Outlook India
Outlook Business

GVFL Launches ‘Accelerate for Excellence' Platform For Strengthening Early-Stage Investment Ecosystem

The platform will be an early-stage investment ecosystem builder, bringing all the stakeholders closer and adding value to the start-up’s journey.

GVFL Launches  ‘Accelerate for Excellence' Platform For Strengthening Early-Stage Investment Ecosystem
Kamal Bansal, managing director (MD) at GVFL.

Outlook Start-Up Desk

POSTED ON April 14, 2023 9:50 AM

GVFL, a venture capital (VC)  in India, has launched the ‘Accelerate for Excellence’ (a4X) platform for promoting the early-stage investment ecosystem by bringing closer all stakeholders into the early-stage start-up ecosystem.

With a4X, GVFL will claims to leverage its experience of more than 30 years of supporting start-ups through investments and mentoring to provide a conducive environment and handholding Seed to Series A start-ups and investors who are new to this asset class.

“We want to make a4X much more than an investment platform. We aspire to make it a vibrant early-stage investment ecosystem builder that will bring all stakeholders together and add value to start-ups’ journeys. It will provide the best practices and the deal flow of promising startups and work in a way that is beneficial for both startups and investors. The platform will accelerate the growth of start-ups by connecting them with the right investors, mentors, and community members.” said Kamal Bansal, managing director (MD) at GVFL.

“In the past three decades, GVFL has done exceedingly well in identifying the right start-ups and ideas and helping and nurturing many of them to realize their potential. a4X is aimed at playing a bigger role as an investor and also an enabler of creative solutions for economic development. The engagement model has been designed to add value while mitigating the risks. We have already started onboarding institutional/ individual investors as well as ecosystem members having an overall positive response,” said Mihir Joshi, president, of GVFL.

a4X will support Seed to Series A start-ups looking to raise anywhere from Rs. 50 lakh to Rs. 5 crore. Start-ups are expected to connect with a varied set of investors, close funding rounds online, and leverage the a4X community. Similarly, investors like family offices, angel investors, high net-worth individuals (HNIs), and venture capitalists (VCs)  will get the benefits of pre-evaluated deals, due diligence reports, co-investing with experienced Venture capital investors and a simplified investment process, among others.
 

  • Related Articles

    The minister of state for electronics and IT was responding to an editorial, which said that the online gaming rules avoid dealing with nuances of games of chance versus games of skill

    Wagering Barred In All Forms, Be It Game Of Skill Or Chance: Rajeev Chandrasekhar

    The minister was speaking at the inauguration of the Software Technology Parks of India (STPI) centre in Rajasthan

    Number Of Start-Ups Rose To 90,000 In Nine Years: Ashwini Vaishnaw

    The three-month program will provide exclusive mentorship, investor connections,= and market pilots to the elected start-ups

    T-Hub and Atal Incubation Centre Selects 20 Start-Ups To Transform India's Automotive Industry