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Jain trade organisation to help young members approach angel, VC investors

To set up consultancy to help entrepreneurs raise funds

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BS REPORTER Chennai
Last Updated : Apr 15 2015 | 12:40 PM IST
In an effort to retain talent, the Jain International Trade Organisation (JITO) in Chennai is planning to open a consultancy centre to help young entrepreneurs raise funds from angel and venture capital investors.

The advisory committee will consist of five chief executive officers (CEOs) from  Sebi-registered Alternate Investment Funds. 

Jaswant Munoth, who took charge as the Chairman of the JITO Chennai Chapter, said that the consultancy will help youngsters become job creators instead of job seekers.

The organisation also signed a memorandum of understanding (MoU) with Apollo Hospitals to provide free surgeries to economically weaker Jains besides launching a co-branded health card for JITO members. 

It is also planning an education assist programme together with 11 colleges in Tamil Nadu to provide scholarships to students. 

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First Published: Apr 15 2015 | 11:30 AM IST

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