FUNDING OF Rs 240 CRORES FINALISED AT INVESTMENT & START UP SUMMIT
A two day International Investment & Start Up Summit being organised by Law Chamber, a corporate legal consultancy, which was taking place at SCO 126-127, Sec 8 C, Chandigarh has concluded.
“The summit has ended successfully with finalisation of funding for proposals received by a number of entrepreneurs in fields spread across sectors like hospitality, films , aviation etc. We received many proposals from Start Ups, and creative minds made presentations of their business projects in front of a jury. First a short list was made and then the final proposals to be funded were decided.” Said Ms. Navinder Kaur, Organising Secretary, International Investment & Start Up Summit.
All the proposals that were finalised have some or the other USP. Ms. Namrata Chhabra, Convenor, Internation
The investors who are acting as angel investors are Balaji Pharma, DS Creations, Adda Finance, VJ Financials, Adda Bank, Schwatz Financials etc.
“We have finalised an aggregate investment value of nearly Rs 240 Crores over the two days’ summit. We also launched Law Chamber’s new initiative Farm Canada, a Canadian Government notified programme, under which farmers can go to Canada in the agriculture sector.”Said Ms. Namrata Chhabra, another Organiser.
Not just new projects people with surplus land also participated in the summit for setting up of Aviation industry on their land. Business proposals from the following were finalised – VM Aviation, Xezenta Productions Pvt Ltd, Pulse TV, Mag Films, ILC India, Aashika Naath Film Productions, Alaap Showbiz Entertainment, Raj Fast Foods & Kangra Enterprises India Pvt. Ltd.
The promoters of VM Aviation presented a prototype of an air Taxi for which they have a patent, and this impressed the jury, because of which financiers agreed to fund the VM Aviation project.
The summit was one of a kind for the region & a one stop shop for business ideas’ discussions, funding, FDI needs, External Commercial Borrowing solutions etc. The best part was that youngsters with great business ideas, who were not able to launch themselves in business due to funds shortage, were tied up with Angel Investors’ for their projects.