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Start-ups Get Shortlisted for Funding at the Start-up Showcase Organized by FundTonic at Ahmedabad

Jun 21, 2016   10:30 IST 
Ahmedabad, Gujarat, India
  • FundTonic organized a first of its kind Start-up Showcase at Ahmedabad

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FundTonic, a fin-tech company, which aims to revolutionize the entire start-up ecosystem, organized their first Start-up Showcase at Ahmedabad today. Out of hundreds of start-ups, four were shortlisted by about 75 investors that were present for the event.

 

Some of the prominent personalities of Gujarat that were present were Mr. Vimal Ambani, Savan Godiawala, Bharat Patel, Pavan Bakeri, Sunil Parekh, Jigish Doshi, Jatin Trivedi, Sunil Shah and Sharvil Shah amongst others.

 

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.”

 

About FundTonic

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.

 

For more information, please visit www.fundtonic.com .


 
 
Vimal Ambani, Rajiv Vyas & Nainesh Kapadia
Vimal Ambani, Rajiv Vyas & Nainesh Kapadia
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