Ahmedabad Start-ups Get Shortlisted Thorugh FundTonic
FundTonic, a fin-tech company, which aims to revolutionize the entire start-up ecosystem, organized their first Start-up Showcase at Ahmedabad. Out of hundreds of start-ups, four were shortlisted by about 75 investors that were present for the event.
Shortlisted start-ups were:
“Today, Gujarat has an entrepreneurship supporting government; the state has one of the best educational institutes and there are lots of people with entrepreneurial spirit. However, the success rate of start-ups in Gujarat is quite low, due to lack of curated guidance. I am glad that through this showcase, we were able to bring Gujarat’s most eligible start-ups and potential investors on the same stage and took the first step in revitalizing the eco-system here.”, said Mr. Bhavin Parikh, Co-Founder, FundTonic.
To show support to FundTonic’s efforts, Mr. Sunil Shah, Chairman, Gujarat Innovation Society (GIS) said, “As a rising state, we need innovation for long-term sustainability. Having insufficient funds can hamper the innovation and growth of any business. I am glad through FundTonic potential start-ups and investor community will work towards achieving innovative and disruptive solutions for Gujarat’s growth story.”
FundTonic is an investment advisory and eco system enabler that aims to make start-up funding relevant for all stakeholders backed by deep focus on analytics. With their unique DIY Business Plan application, start-ups can build the business plan that gets best of the investors interested. Simultaneously, they solve all problems faced by investors by providing tools for, Portfolio Performance Monitoring, shortlist start-ups, lead transactions or being a part of syndicate.
Some of the key people of Gujarat that were present were Mr. Vimal Ambani, Savan Godiawala, Bharat Patel, Pavan Bakeri, Sunil Parekh, Jigish Doshi, Jatin Trivedi, Sunil Shahand many more.