Date: September 03, 2016 - Time: 09:00 am - 05:30 pm
The Lalit Ashok
The second leg of the multi-city US-India Investment Forums will be held in Bengaluru on September 3, 2016. A number of investors from the United States, among them Angels, VCs and funds investing in pre-Series A and Series A, will attend the the event at India’s Silicon Valley.
US investments in Indian startups have been steadily increasing over the years. Earlier this year, the Startup India initiative was launched by the Government of India to create an ecosystem that drive the growth of startups, foster entrepreneurship and promote innovation.
The mission of the American Bazaar’s two-city US-India Startup Forums is to contribute to this effort by connecting US investors with Indian startups.
The American investors attending the Forums will get a first-hand experience of India’s startup ecosystem, while Indian startup founders and early-stage entrepreneurs will find a platform to listen to, interact and network with the US investors.
The Forums are being held in Delhi and Bangalore, two cities that are the three epicenters of the startup revolution in India. According to one study, the twp cities, along with Mumbai, accounted for 249 deals out of the 307 deals announced in the first quarter of this year.
One of the main highlights of the Forums will be a startup competition.
The winners in each city will be chosen by a panel of judges. Most of the judges will be investors from the United States who are attending the Forums. The winners will be invited to the United States to make their pitches before investors in the United States.
For more information about the competition and to find out how to enter it, visit this page.
Register Now Using
Anyone interested in the startup space, either professionally -- by virtue of owning or running one -- or academically, is encouraged to attend the Forums. However, the Forums will be especially useful for the following four groups:
Early stage entrepreneurs
MBA studentsThe paid delegates will have the opportunity to:
Novak Biddle Venture Partners provides equity financing and assistance to the management of early-stage, information technology companies principally located in the Mid-Atlantic region. Its mission is to help build successful, long-term, sustainable companies. NBVP was established in 1997 to provide equity financing and assistance to the management of young, information technology companies. It is backed by a number of the United States’ most prestigious limited partners, and has over $580 million under management. NBVP seeks investment opportunities where the combination of ideas, dollars, experience, and relationships can create long-term, sustainable value. While it believes that the vast majority of business plans we receive have many of the makings of viable companies, we are looking for additional key features in the businesses in which we invest. NBVP prefers to be the first institutional capital brought into a business with a desired investment range of $100,000 to $10,000,000. While it focuses on information technology companies in the very early stage through first round, it will consider financing later stage opportunities and spinouts where we can add significant value. It also will syndicate larger or later stage rounds through our limited partners and other firms in the venture community.
AutoNebula is India’s first Connected Transport-focused incubator, pioneering connected transport start-ups in India, offering physical and virtual incubation services. It has a physical infrastructure to incubate up to 20 start-ups in Pune and subsequently in Washington. AutoNebula provides a range of incubation services, including seed funding, workshops conducted by global experts, mentorship and networking. Its vision is to create world where multiple high quality and eco-friendly options exist for safe and convenient road travel and transport, and where these options are readily available, highly reliable, and extremely cost efficient. The incubator encourages “connectedness” throughout the transport ecosystem by identifying, initiating and continuing dialogue and partnerships across public and private sectors for the promotion of safe and sustainable modes of transport, infrastructure, and traffic management. AutoNebula believes in encouraging new founders, startups as well as established companies involved in creating innovating solutions to problems in the “Connected Transport” domain. It achieves that by bringing together all critical stakeholders in this ecosystem, namely the startup founders, expert and specialist mentors from all over the world, the investment community, potential customers, regulatory authorities, and industry associations. Its ecosystem and partnerships are ready to promote products and services across the world.
CommuniClique makes micro investments into companies that are voice or SMS based. It invests money and access to its API to drive the core functionality of the companies in its portfolio. CommuniClique is a web-based application that helps teams communicate in real-time, no matter where any team member is located. Harnessing CommuniClique is a web-based application that helps teams communicate in real-time, no matter where any team member is located. Harnessing IP based communications such as VoIP (Voice over IP), organizations are able to quickly assemble project teams, manage participants and measure results. CommuniClique plans to invest $100 million in India in the next few years.
Edgewood Ventures is a Silicon Valley, California,-based accelerator focusing on high growth ventures in the United States and India. Its partners have been in the thick of things in the telecom revolution of the late 1990s and early 2000s. Edgewood’s relationships have facilitated a strong and diverse track record to enable it to identify growing technology companies that have changed the landscape of the digital era. It now has moved its focus to India and is working on a number of major projects in the area of Semiconductor, Satellite Based Systems, Wireless, Voice Over Internet, Aerospace and Defense. HSMC Technologies Pvt. Ltd., one of the Edgewood companies, was recently awarded a $2.2 billion package by the Government of India. Edgewood Networks, a joint venture of Juniper Networks and Edgewood Ventures, is developing secure and trusted networking products for the global market.
KiwiTech provides end-to-end digital technology solutions across a wide range of industries, including publishing, healthcare, media and entertainment, education, financial services, and government. It has quickly gained recognition as an innovator by investing in numerous early-stage startups and partnering with large enterprises. KiwiTech has leveraged its deep experience and entrepreneurial history to partner with innovative startups, together creating state-of-the-art digital products and bringing fresh ideas and investment to the mobile space. Several of its clients and partners have been named among the top "mustwatch" digitally disruptive enterprises. Its corporate background allows KiwiTech to carefully identify and partner with select organizations. This engagement, including the guidance, resources and new technologies we provide, enables them to dramatically transform their day-today operations, improve efficiency and increase profitability. For both its enterprise and startup clients, KiwiTech provides a strategic technology partnership that brings to the table its wealth of experience in heavy data technologies, along with nimble, inventive solutions. Founded in 2009, the Washington, DC, -based company has regional offices in New York and New Delhi, India.
NeST Group is a conglomerate of more than a dozen companies, many of them in cutting-edge technologies and healthcare IT. Many of the Group companies specialize in the systems design, custom software development, firmware, and driver development of tools. NeST Group is seeking acquisitions of software or hardware companies
Next Sector believes that consciously invested capital can create positive societal change. Because of this philosophy, it invests in companies and funds that provides products and services to address fundamental needs of healthy communities. The main focuses of Next Sector investments are addressing the wealth gap, providing health and wellness solutions and preserving and improving the environment. Besides the United States, Next Sector is also targeting the Middle East and India for investments. In the United States, it has committed to invest $2 million in ARIISE™ Sustainability Fund, and has earmarked an additional $8 million for round 2 of the ASF. The main focuses of Next Sector investments are addressing the wealth gap, providing health and wellness solutions and preserving and improving the environment. Besides the United States, Next Sector is also targeting the Middle East and India for investments. In the United States, it has committed to invest $2 million in ARIISE™ Sustainability Fund, and has earmarked an additional $8 million for round 2 of the ASF. Besides the United States, Next Sector is also targeting the Middle East and India for investments. In the United States, it has committed to invest $2 million in ARIISE™ Sustainability Fund, and has earmarked an additional $8 million for round 2 of the ASF.
Powerhouse Ventures is an alternative investment vehicle operating within a limited number of specialized and niche markets where it believes the potential for reward outweighs the risk entailed. Its principal objective is to manage our investment business – and our Limited Partners’ capital – with critical acumen, Its principal objective is to manage our investment business – and our Limited Partners’ capital – with critical acumen, discipline and patience. Pace of innovation and scale of adoption, primarily with mobile internet technologies is unprecedented. India is no exception. New Economy sectors are just now taking root, expanding investment options into several low-capital intensive, high return sectors. Powerhouse’s extensive network of relationships enables it to source investment opportunities from across India for the benefit of its Limited Partners. More than half of Powerhouse’s portfolio companies have raised follow-on rounds of funding, including more than $1 million by Sports365 and WhatFix, more than $500,000 BrownTape, DailyRounds and WizenWorld and more than $200,000 by AirStream, DocsApp, GigStart, More than half of Powerhouse’s portfolio companies have raised follow-on rounds of funding, including more than $1 million by Sports365 and WhatFix, more than $500,000 BrownTape, DailyRounds and WizenWorld and more than $200,000 by AirStream, DocsApp, GigStart, GreyMeter and TimeSaverz. Powerhouse has also participated in several of the above follow-on rounds.
Sylvant provides a robust scaffolding for the future of education to be crafted globally, by leveraging the power of experts, depth of insights and network of entrepreneurs. Sylvant works with education entrepreneurs to accelerate their growth - beginning with drafting business strategies, early-stage seed investments, aiding in larger fund-raising effort, providing operational support and being a part of an entire growth journey Sylvant is co-founded by Anand Sudarshan (former CEO of Manipal Global Education), Madan Padaki (former CEO MeritTrac, co-founder Head Held High Services) and PV Boccasam (serial entrepreneur, General Partner at NovakBiddle Venture Partners, US). Sylvant currently has a portfolio of 14 education startups including GuruG, Lodestar, LabInApp, Entlogics.
The registration fee for the Startup Forums is Rs. 5,000. One can make the payment via PayUmoney, send a check, and deposit/transfer the amount to our account. To make the payment via payU money, click here:
If you are sending a check, it should be made in favor of Rover Media Private Limited. Check should be mailed to:
Rover Media Flat #3, first floor, No.4 Second cross VP road, Madiwala Banglore, Karnataka
Please mention the city where you would like to attend the Forum.
If you are transferring or depositing the registration fee, here is our bank account details:ROVER MEDIA PRIVATE LIMITED Account Number: 0450102000000338 Name of the Bank: IDBI BANK Address of Bank: Cheroor Complex, Opposite New Bus Stand, Kasargod, Kerala, India, 671121 Swift: IBKL0000450 (IFSC CODE) MICR CODE : 671259002
Please note that the registration is not complete until we receive the payment.Register Now Using
Meet some of our speakers
Nish Acharya is CEO of Citizence, a firm that consults with leading universities, governments, foundations and companies to assist them with innovation, entrepreneurship and philanthropic strategies. Mr. Acharya is also a Senior Fellow with the Center for American Progress, a contributor to Forbes and the author of the “The India-US Partnership: $1 Trillion By 2030” by Oxford University Press. Nish previously served as Director of Innovation & Entrepreneurship and Senior Advisor to the Secretary of Commerce for the Obama Administration, and as Executive Director of the Deshpande Foundation, a prominent American philanthropy focused on innovation, entrepreneurship and scalability around the world.
Dr. Satyam Priyadarshy is Chief Data Scientist at Halliburton (NYSE: HAL). He is also Senior Fellow of International Cyber Security Center at George Mason University. He is a veteran of Big Data and Data Science. He is a global leader often referred as Venture Idealist, who transform businesses by leveraging Big Data, Data Science, and Emerging Technologies.
Sri Peddu is the founder and Managing Director of Powerhouse Ventures, a US venture capital firm with an investment focus in India. Powerhouse is an alternative investment vehicle operating within a limited number of specialized and niche markets where it believes the potential for reward outweighs the risk entailed. He leads the Investment Advisory Team, tasked to source innovation, conduct deep market and company specific due diligence and execute investments. He is on the board of Sports365 and is a board observer with Whatfix. He is a member of the Business Advisory Council – essentially its board – of the Woxsen School of Business. Before starting Powerhouse, Mr. Peddu worked for the World Bank in Washington, DC, most recently in its Governance and Anti-Corruption Practice. He also served as a Portfolio Manager for the East Asia Region of the Bank. Additionally, he has seven years of private sector experience in the areas of strategy and management at various companies in the United States. Mr. Peddu graduated with honors from The New School, New York City with a Masters degree in International Affairs and received a Bachelor’s degree from Loyola University, Chicago. He has served as an entrepreneurship and business strategy mentor to the Startup Leadership Program, Startup Weekend, Lean Startup Machine, Founder's Institute and TiE-DC's The Young Entrepreneurs program.
Vishal Verma is a Senior General Partner at Edgewood Ventures, LLC. Edgewood is an investment fund focusing on investing in the United States and India. He is on the board of directors of Edgewood Networks, Edgewood CureAire, Gamma Security, HAL- Edgewood and HSMC. Edgewood Networks is a venture with Juniper Networks and Edgewood Ventures. Edgewood is developing a secure and trusted networking products for the global market. HAL – Edgewood (HETL) is a joint venture with Hindustan Aeronautics Limited (India’s largest Defense Company). HETL has developed cutting edge avionics technologies in India. HSMC intends to be a leading independent semiconductor products provider. Vishal is responsible for HSMC’s finance and day-to-day-operations. The company has recently been awarded a $2.2B package from the Government of India. Vishal is a Senior Adviser to Dick Gephardt and Secretary Michael Chertoff on their International Strategy. He is also an adviser Darwin Ventures, LLC. Vishal is a member of the US India Cyber-security Track 1.5 Dialogue hosted by the Council of Foreign Relations (CFR) and Observer Research Foundation (ORF). Vishal is passionate on building strong education systems for our future. Vishal is an active member on the non-profit boards of Trustees and Directors for the University of California at Merced (Merced, California) and One Economy (Washington DC). While pursing his MBA at Chicago Booth, Vishal co-founded the Hyde Park Angels to promote entrepreneurship in the Chicago land area. He continues to be an active member of The Chicago Club, The Indus Entrepreneurs and Chicago Private Equity Networks. Vishal holds a B.S. degree in Marketing from Santa Clara University and a Masters of Business Administration in Finance from the University Of Chicago Booth School Of Business.
A Washington DC based IT entrepreneur, Vinson completed his education from University of Nevada, Reno, with a masters in civil engineering. Since then, Vinson has launched Amaram Technology (an IT infrastructure support and services company) and Amsco Global (an American Merchandise Supply Company). His latest venture is a new technological-solution innovation company called Accubits Technologies with its design and development center at Technopark in Kerala. Accubits designs some of the most innovative and sleek solutions for its global client base, which includes Microsoft, Amazon Web Services, Accenture, KPMG and Genpact to list a few. Vinson has always been an active member of the Indian American community. He regularly addresses community gatherings to encourage young leaders and members of the Indian American community to dream big and to participate in the American democratic system. Vinson launched the IndoAmerican Center, a non-profit, non-partisan political think tank, first of its kind, solely dedicated to bolstering the emerging Indo-American axis. By undertaking scientific research and providing constructive solutions to real-world problems and bringing together leaders from academics, businesses, media, politics, and the diaspora community, the IndoAmerican Center aspire to play a pivotal role in shaping a free, democratic, just and peaceful world.
Dr. Charan Singh is a RBI Chair Professor at the Indian Institute of Management, Bangalore, India. Earlier, he was a Senior Economist at the International Monetary Fund (IMF), Washington DC from August 2009 to November 2012. . He was Director (Departments: Research; Debt Management) at the RBIfrom 1997–2009 where he had joined in 1984 as a Research officer in the Economic Department. Singh earned his doctorate in Economics from the University of New South Wales, Sydney, Australia and was a visiting scholar (post-doctorate) for more than a year each at Department of Economics, Harvard University and the Stanford Center for International Development, Stanford University. Earlier, he had studied from Jawaharlal Nehru University, New Delhi; Guru Nanak Dev University, Amritsar; and Delhi University. His research is published in different academic journals like Economic and Political weekly, Prajnan, RBI Occasional papers, Indian Journal of Economics and Business, Yojana, etc. He has also contributed articles in book volumes. He contributes in public debates thorough TV channels like Bloomberg, Rajya and Lok Sabha TV. He also regularly writesarticles for daily newspapers, both general like The Hindu, Indian Express, Hindustan Times, The Tribune, Deccan Herald andDeccan Chronicle; and economic papers like Economic Times,Business Standard, Business Line, The Financial Express, and MoneyControl.com
Dr. Ram Reddy is CommuniClique's big deal - big impact rainmaker. He's initiated a number of the group's largest customer and investor relationships. He's been a key component to the company's increase in customer base and revenue growth. Dr. Reddy was the founder and CEO of APEX Technology Inc., a defense contractor, which specialized in compliance for military systems with the United States Army. The company partnered with Raytheon to fulfill a number of multimillion-dollar projects and in 2004 he successfully exited the company through a deal with its largest partner. He's a member of TIE (ww.tie.org) and an active participant in a number of other networking communities in and around the DC area and across the United States. Dr Reddy graduated from Rutgers University with a PhD in Electrical Engineering and holds degrees from other internationally recognized universities including The Indian Institute of Technology.
Anand Sudarshan is the Founder & Director of Sylvant Advisors Private Limited. Anand is also an independent director at NIIT. Till June 2012, he was Vice-Chairman & Managing Director of MaGE, where he has had a distinguished career since May 2006.He currently advises companies & entities in the education sector, and is also a fund advisor with TVS Capital Funds. He is active in supporting Government of India in policy formulation, and is a member of select Committees & Task Forces of the Planning Commission of India as well as the Ministry of Human Resource Development.Prior to his stint at MaGE, he was President, Adea International (a wholly owned subsidiary of Adea Solutions, Inc, Dallas TX), responsible for all global businesses of the IT Services & Solutions company.In 1989 Anand co-founded The Microland Group and for almost 14 years he was part of the team that built it into one of the leading privately held Indian technology company’s chain.He has a Bachelor of Engineering degree (B.S Degree) in Electronics and Communications Engineering from the National Institute of Technology, Trichy, India, and a PGDM from the Indian Institute of Management Calcutta, India.
Mr N Parthasarathi is a veteran diplomat with more than three decades of service in the Indian Foreign service. From September 2005 to September 2008, he served as Ambassador of India to the Republic of South Korea and from October 2008 to September 2011, he served as Ambassador of India to Senegal. During that time he was also concurrently accredited as Ambassador of India to Mali, Mauritania, Guinea Bissau and Cape Verde islands, as well as High Commissioner of India to the Republic of The Gambia. He was also the Consul General of India in San Francisco from October 2011 till October 2014. He retired from the Foreign Service at the end of October 2014 and has moved back to Bangalore, his home town. He is busy with mentoring many start-ups and advising organisations on many issues of business interest. He is currently serving as the Secretary General / CEO of the Federation of Karnataka Chambers of Commerce & Industry, Bengaluru. Mr.Parthasarathi brings with him a rich experience, stature, Integrity and Leadership. His engineering and Management background helps him to understand the industry/ Economy and commerce comfortably and his diplomatic skills in articulation and negotiation makes him a natural and able administrator. He has also served as the Head of the Administration Division of the Ministry of External affairs.His passion, commitment to work and hands on approach brings a new dynamism and easilyinspires the team that works with him. He has in-depth knowledge, is resourceful and has wide ranging experience.
Sridharan “Sri” Ramakrishnan is the Co-founder & Editor-in-Chief of NyusuDigital Media, India’s first, one-minute video news publisher in multiple Indian languages. Sri has more than 25 years of experience in journalism, spanning print, television and digital. Prior to launching Nyusu, Sri was the Managing Editor of ET NOW, India’s leading business news channel. He has also been the Managing Editor of Business Today and a Staff Writer at the Washington Post in Washington DC as the Alfred Friendly fellow of 1999. Sri currently also serves on the board of the Columbia, Missouri-based Alfred Friendly Press Partners. Sri lives in Bangalore with his wife and son.
Please note the agenda of the event
9:00 AM - 9:55 AM Registration, coffee and networking
9:55 AM - 10:00 AM Welcome Remarks
10:00 AM - 10:30 AM KEYNOTE: Richard M. Rossow, Wadhwani Chair, CSIS, Washington, DC
10:30 AM – 10:45 AM SPECIAL ADDRESS: Ambassador N. Parthasarathi, Secretary General, FKCCI
10:45 AM - 11:45 AM PANEL: India’s startup ecosystem through the eyes of foreign investors What are the strengths and weaknesses? How’s it different from the US startup ecosystem? Does it have the the right kind of infrastructure to launch a startup revolution? Moderator: Sridharan “Sri” Ramakrishnan, Co-founder & Editor-in-Chief, NyusuDigital Media Panelists: Sri Peddu, Founder and Managing Director, Powerhouse Ventures, New York Dr. Ram Reddy, Chairman of the Board of Directors, CommuniClique Vishal Verma, Founding General Partner and CFO, Edgewood Ventures, LLC Vinson X. Palathingal, Founder, Amaram Technologies, Vienna, VA
11:45 AM – 11:55 AM INVESTOR INTRO: Vishal Verma, Founding General Partner and CFO, Edgewood Ventures, LLC, in conversation with Vaishakh Nair, VP-Sales & Marketing, Lobotus
11:55 AM – 12:05 PM INVESTOR INTRO: Dr. Ram Reddy, Chairman of the Board of Directors, CommuniClique, in conversation with Vaishakh Nair, VP-Sales & Marketing, Lobotus
12:05 PM - 12:15 PM INVESTOR INTRO: Sri Peddu, Founder and Managing Director, Powerhouse Ventures, New York, in conversation with Vaishakh Nair, VP-Sales & Marketing, Lobotus
12:15 PM - 12:25 PM INVESTOR INTRO: Praisson Segal, AutoNebula, Washington, DC/Pune, in conversation with Vaishakh Nair, VP-Sales & Marketing, Lobotus
12:25 PM - 01:15 PM Elevator Pitches Moderator: Dr. Satyam Priyadarshy, President TiE DC
01:15 PM - 01:45 PM Lunch and Networking
02:00 PM - 02:30 PM SPECIAL ADDRESS: Anand Sudarshan, Founder & Director, Sylvant Advisors Private Limited
02:30 PM - 03:30 PM Elevator Pitches Moderator: Dr. Satyam Priyadarshy
03:30 PM - 03:40 PM Special Remarks: Prof. Charan Singh, RBI Chair, IIM Bangalore
03:40 PM - 4:30 PM SUPER PANEL: Raising money: The why, when, how and where Moderator: Prof. Charan, RBI Chair, IIM Bangalore Panelists: Sri Peddu, Founder and Managing Director, owerhouse Ventures Vishal Verma,Founding General Partner and CFO, Edgewood Ventures, LLC Dr. Ram Reddy, Chairman of the Board of Directors, CommuniClique Dr. Satyam Priyadarshy, President TiE DC
04:30 PM – 05:00 PM SPECIAL ADDRESS: Nish Acharya, Principal, Equal Innovation
05:00 PM - 05:15 PM AB STARTUP AWARD PRESENTATION
5:15 PM - 6:00 PM TEA AND NETWORKING
The Lalit Ashok
Kumara Krupa High Grounds, Next to CM Guest House, Bengaluru, Karnataka 560001
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