The India Startup Festival began with over 28 investors offering 150 term sheets to startups. J A Chowdary’s aspirations seem realized, boosting the festival’s reputation.
The India Startup Festival for this year has made a sensational beginning, attracting over 28 investors who have extended more than 150 term sheets to various startups. These numbers could escalate further as final commitments are yet to be compiled.
Such a high level of commitment, especially on the first day of the festival, is a rarity, indicating the significance of this event. J A Chowdary, who had previously expressed his aspirations for garnering investor commitments, seems to have achieved a remarkable feat with this year’s festival.
These substantial commitments from investors will undoubtedly elevate the reputation of the India Startup Foundation, the organization behind the India Startup Festival. This marks the second edition of the event, and it has managed to avoid the typical moniker of a “Gyan session,” as J A Chowdary aptly addressed it.
