Gandhinagar: The Government of Gujarat is organizing the 10th Vibrant Gujarat Global Summit (VGGS) 2022, scheduled from January 10 to 12, at Gandhinagar, Gujarat. At a grand ceremony, the Prime Minister of India, Shri Narendra Modi, will inaugurate it. The central theme of the Summit is to epitomize the commitments from “Atmanirbhar Gujarat to Atmanirbhar Bharat’. In 2021, India topped by adding the highest number of unicorns emerging across sectors/ areas. The Prime Minister’s vision is that India should have 75 startups emerge as unicorns to mark the 75th year of India’s Independence in 2022. The Union Commerce and Industry Minister, Shri Piyush Goyal, has set up the National Startup Advisory Council (NSAC) to facilitate this vision.

In line with the Prime Minister’s vision, the VGGS 2022 is organizing a daylong pre-Summit event on “Startups: Inspiring, Disruptive Innovations”, in partnership with the Startup India, DPIIT, and Gujarat’s flagship institutions including iHub, iCreate, GUSEC, and GVFL on Sunday, January 9, 2022, at iCreate campus, Ahmedabad.

“The Bowling Alley” is a day-long pitching event for startups interested in showcasing their business plans and business models to the investor community. GVFL has invited major investors from across the country to attend the event physically as well as virtually.

Some of the major investors who have already confirmed participation include Bessemer Venture Partners, Trifecta Capital, Unicorn India Ventures, Equanimity Investments, GVFL Ltd, Venture Catalyst, 9 Unicorns, 100X VC and Sixth Sense Ventures, among others.

GVFL is inviting the participation of all startup entrepreneurs from Gujarat to pitch their business plans to investors. Startups with unique and scalable business models, and technology as a differentiator, can apply for this event. The sessions will have sub-categories including Bio-technology, Agri-technology, Education Technology, the Internet of Things (IoT), Artificial Intelligence (AI), and Defence Technology, among others.

The details of the events and the link to apply for this pitching event are available on the Vibrant Gujarat website (https://vibrantgujarat.com/schedule/pre-summit/startups).
GVFL will curate around 80 startups from all the applications. It will depend on the stage of product/service development of the startup. GVFL will also hold a session on how to create a pitch for fundraising and best practices to pitch to venture capital investors to the selected Startups.

GVFL aims to showcase innovation in the Gujarat Startup Ecosystem to major investors in India. This event will help Gujarat Entrepreneurs to raise funds from such investors.

Investors Profile:

Bessemer Venture Partners: Bessemer is an American venture capital firm. The firm has over $10 billion under management and invests globally. With more than 135 IPOs and 200 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth.

Trifecta Capital: India’s leading Private debt funds focused on internet, technology, and consumer sectors. It has invested INR 2,200+ Cr in startups since 2015.
Unicorn India Ventures: Launched in August 2015, Unicorn India Ventures is an early-stage technology focused Indian registered venture fund. They have made more than 35 investments in technology startups to date.

Equanimity Investment: An alternative investment fund passionate about the early-stage ecosystem, working closely with businesses that can leverage on technology to build world class products and offer best in class services in the most capital efficient way.

GVFL Ltd: GVFL is widely regarded as pioneer of Venture capital in India. They have raised eight venture capital funds which have supported over 80 companies and have divested from over 75% of portfolio companies with good returns to Investors. It invests in startups that are highly scalable, has innovative business models, across, sectors, which use technology as an enabler or differentiator and are backed by credible teams.

Venture Catalyst: Venture Catalysts is Asia’s largest & No. 1 Integrated Incubator. It is one of the largest early-stage players in India with 3000+ angel investors spread across 11 cities in 3 countries – India, Hong Kong & Qatar. With its focus on developing startup ecosystem in Tier II, III cities in India, Venture Catalysts has launched its incubation program in cities like Ahmedabad, Lucknow, Raipur, Surat and Nagpur besides metros like Delhi, Mumbai, Bangalore and Kolkata.

9 Unicorns: It is India’s First Accelerator VC. It aims to disrupt idea stage funding in India by providing initial capital of $100K with further committed capital to deserving portfolio companies. The accelerator VC will fund 100+ early-stage startups in coming 3 years.

100X.VC: It is the first VC to invest in early stage startups using India SAFE Notes. After investing in a startup, it effectively becomes their coach, strategy consultant, business mentor, and trusted advisor. It is a SEBI Registered Investment Adviser.

Sixth Sense Ventures: It is India’s first domestic, consumer-centric venture fund. They strongly believe that the next big wave of dysfunctional growth will be led by entrepreneurs driven by completely different skill sets and capabilities and not necessarily capital.