World Business Angels Investment Forum Names Simar Arora as Senator for India

India’s entrepreneurial ecosystem is witnessing transformative development with the number of startups projected to double from 120,000 in 2023 to 240,000 by 2030, according to a new report by executive search firm Longhouse. To further boost this robust transformation, Mr. Simar Arora, Managing Partner and Private Investor for various startups, has been appointed as Senator for India at the World Business Angels Investment Forum (WBAF). This strategic role is expected to create pathways for global investment opportunities for Indian startups and high-growth businesses, marking a new chapter in the nation's journey toward economic empowerment.

Mr. Simar Arora aims to contribute to the development of forward-thinking initiatives that shape the future through collaboration and leveraging new technologies.

Mr. Simar Arora is dedicated to exploring frontier technologies, which involve innovative and cutting-edge advancements that can redefine industries. He focuses on partnering with ambitious tech builders—individuals and companies that have the vision and drive to create impactful solutions. His areas of interest include artificial intelligence, systems, and infrastructure, where he sees tremendous potential for growth and transformation. Mr. Arora's appointment comes at a time when India is rapidly evolving into a global hub for innovation and entrepreneurship. “This is not just a title; it’s a responsibility to position India's startups on the global stage,” said Mr. Simar Arora. “My vision is to bridge India’s diverse and talented entrepreneurs with foreign resources and support systems, creating pathways that facilitate growth and sustainability.”

“Together, we will not only create funding opportunities but also foster strategic partnerships that promote long-term success for our startups,” he added.

The inclusion of India in the World Business Angels Investment Forum (WBAF) offers a wide range of opportunities for the country's start-ups, scale-ups, and high-growth businesses, thereby opening doors for economic development.

Baybars Altuntas, Chairman of the Board of Directors of WBAF, says, “As an affiliated partner of the G20 Global Partnerships for Financial Inclusion (GPFI), the WBAF supports start-ups, develops entrepreneurial ecosystems, and helps venture capital firms and companies connect with international businesses, fintechs, and other relevant institutions. We are confident in our contribution to the economic development of the country by facilitating connections within entrepreneurial ecosystems. We strongly believe that India will soon become a nation capable of fostering its economic growth in a more entrepreneurial atmosphere.”

The entrepreneurial spirit in India has tremendous potential; our startups deserve a global stage, India's participation in the WBAF is expected to provide local entrepreneurs with unmatched access to angel investors, incubation centres, and venture capital opportunities. By harnessing this spirit with the right connections, India can take a big leap in the upcoming years. The commitment of WBAF to financial inclusion aligns seamlessly with Mr. Simar Arora's ambitions for a more inclusive and diverse entrepreneurial landscape in India.

As India embraces this significant opportunity, the country stands on the brink of significant economic advancement. With Simar Arora at the helm of this new initiative, Indian entrepreneurs can look forward to a future where innovation is not just recognized but celebrated on a global platform.

With extensive experience working alongside both startups and established enterprises across sectors such as technology, fintech, and consumer goods, Mr. Arora is poised to drive value creation and innovation on an international scale. His strong background in finance and strategic growth, coupled with his commitment to sustainable investing, positions him uniquely to foster long-term scalability for emerging ventures. Known for providing not just capital but also invaluable operational insights and strategic mentorship, Mr. Arora aims to empower founders and businesses to reach their full potential in a rapidly evolving market. His focus areas include early-stage startups and impact investing, making him a pivotal figure in unlocking global potential for Indian innovation.

World Business Angels Investment Forum (WBAF): As an affiliated partner of the G20 Global Partnership for Financial Inclusion (GPFI), the World Business Angels Investment Forum (WBAF) is committed to collaborating globally to empower the economic development of the world by fostering innovative financial instruments for startups, scaleups, innovators, entrepreneurs and SMEs and to promoting gender equality and women’s participation in all sectors of the world economy.