Hyderabad, Oct 21 : Telangana AI Mission (T-AIM) Today launched an Investor Connect program that will provide startups with the opportunity to access growth capital.
In particular, more than 30 startups enrolled in the Revv Up accelerator program of T-AIM, will discuss their fund raising requirements with up to 30 institutional investors.
In August 2021, 42 startups from across the country were selected for the Revv Up acceleration program.
The program offers a variety of opportunities for startups that aspire to build scalable businesses using Artificial Intelligence (AI).
Telangana Principal Secretary for IT Jayesh Ranjan, said, “the innovator and tech ecosystem in Hyderabad is steadily creating a strong value proposition for investors.
While we remain committed to nurturing the innovation ecosystem in the state, I’m hopeful that the investor community will continue to empower startups to create sustainable, large-scale impact, he added.
The Investor Connect program, which is being executed in partnership with NASSCOM 10,000 Startups, will be conducted through four different sessions starting this month until December.
The program will feature Revv Up startups in Education, Agriculture, Retail, Sports, Finance and Healthcare among others.
The investor community will largely comprise venture capital firms and prominent angel networks.
Speaking on the occasion, Mr. Sandro Stephen, Vice President-Sourcing & Investor Relations, Indian Angel Network said, “IAN has been continuously engaging with the startup community, and we are always delighted to explore these companies for funding and mentor them to achieve scale.
We’re glad to partner with this initiative by T-AIM, which aims to create a massive impact by connecting early stage startups to relevant stakeholders in the ecosystem, he added.(UNI)