Digital marketing service provider Webfosys Networks is now working with Kuwait-based angel investment firm, Shore International, to organise an exclusive start-up fundraising event in Bangalore.
This important and exclusive start-up fundraise pitching event will provide an opportunity for Indian startups to come and pitch to investors from Middle East and North Africa (MENA) region, and not just raise funds, but also achieve an important feat of gaining global recognition, and exploring business opportunities outside Indian markets.
“At Webfosys Networks, we work closely with investors to extend funding support to startups while developing different frameworks for startup success. With this event, startup founders can easily pitch to investors and achieve their long-run business goals. We are delighted to announce this event with Shore International which is going to be a valuable platform for Indian entrepreneurs,” says Om Thoke, Managing Director of Webfosys Group, who is now also working as principal consultant for Shore International.
The event aims to gain deeper insights into the world of entrepreneurs and analyse the requirements of an emerging startup in terms of accessibility and availability of resources, reaching out to the potential customers, value addition to the brand and technological advancement to develop the most suitable business infrastructure.
“Shore International takes a hands-on approach with startup investments. We are looking to bring 2-3 promising startups from India into MENA region initially, by not just investing money, but also helping the founders sail through the journey, and reach the shore of success. We have highly dedicated team of experts who specialize in building & scaling up million dollar business within a short span of time” says Fahad Al Roomi, Founder, CEO, Shore International, who will be visiting India from Sept 23-30, 2016 to meet all the promising startups from the Silicon Valley of India, along with his co-founder Fahad Al Refai.
Startups are required to submit their business plan along with a short 60 to 300 seconds long elevator pitch video that highlights the USP of their offerings to firstname.lastname@example.org on or before Sept 17, 2016, and the shortlisted startups will be given a confirmation via email by September 19, 2016, along with further details.
When asked about the average ticket size, Fahad responded, “Shore International has been working with startups in MENA region, and this time we are excited to join hands with dynamic Indian entrepreneurs to help them set up their business in Kuwait and MENA Region and we’d be looking at investment ticket size of $50,000 to $500,000, and then of course during the next year we’d be considering bigger investments.”