IIT Patna Hosted Investor Summit with BHUB BSFC with Participation from Over 30 Startups

New Delhi: The Incubation Centre at IIT Patna has organised the Investor Summit with BHUB BSFC, a co-working space managed by the Department of Industries, Government of Bihar. The event featured presentations from over 30 startup companies seeking angel investment. 

The investors who attended the event at IIT Patna included officials from Venture Catalysts, Scope Ventures, Kolkata Ventures, Cocreate Ventures, Neos Angels, Alphavalue Consulting, IP Ventures, GTM Health, and individual investors such as Khalid Wani and Sarada Vyshnavi Putcha.

Mr Sushant Kumar, Founder of Indus Capital and Eskeyn Ventures invested up to 1.5 million USD (about INR 12 crore) in three firms backed by BHUB BSFC. Ladyfair Beauty, Foodam, and Travicabs are the three firms that have received funding agreements during the summit. 

Sushant Kumar expressed confidence that these investments will open the way for multimillion-dollar fundraising projects for entrepreneurs in the Bihar ecosystem soon. He shared that these companies produce revenue, create jobs, and empower women through the implementation of innovative technologies and platforms. 

Latest Updates on IIT Patna: 

• IIT Placements 2024: Fewer Big Company Offers, Shifting Focus to Indian Start-ups

• IIT Patna Course Admissions 2024: Cutoff, Eligibility, Dates, Selection Criteria

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