In a bid to bolster innovation across the country and unlock the entrepreneurial potential in non-metro cities, Venture Catalysts, an integrated incubator, announced the launch of its operations in Nagpur.
Furthermore, the company announced the appointment of B.C. Bhartia, the National President of the Confederation of All India Traders, as the Managing Partner and patron of VCats' Nagpur Center.
"Nagpur is Maharashtra's commercial hub and one of the most liveable, urbanised, and developed cities in the country. It has also topped the Smart City list with one of the best investment conversion ratios. All of these factors make it a ripe market for start-up activity. The decision to launch VCats' Nagpur chapter was taken keeping this in mind. Our overall objective is to give that much-needed fillip to the fledgling start-up ecosystem in the Orange city and provide the budding entrepreneurs here with the right mix of guidance, mentorship, and access to funds," said Venture Catalysts Co-founder and President Dr. Apoorv Ranjan Sharma.
The Nagpur launch is a part of VCats' on-going endeavor to uncover the latent innovation and business acumen that entrepreneurs across the country harbor. It offers end-to-end and holistic support with a vision to nurture and build a country-wide network of start-ups, investors, enablers, and growth facilitators.
Going forward, VCats aims to pursue its long-term vision of building a well-integrated, vibrant, and robust start-up support ecosystem across India.