Date: February 22, 2017 - Time: 09:00 am - 05:30 pm
Hotel Novotel Juhu Beach
The third and final US-India Startup Forum will be held in Mumbai on February 22, 2017. More than a dozen investors from the United States, among them Angels, VCs and funds will attend the the event at India’s financial capital.
US investments in Indian startups have been steadily increasing over the years. Last 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 three-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.
Mumbai, along with Bangalore and Delhi, the two other cities where Forums were held, are the three epicenters of startup revolution in India. According to one study, the three cities accounted for 249 deals out of the 307 deals announced in the first quarter of this year.
The Startup Forums kicked off in Delhi on September 1, 2016, immediately after the conclusion of the US-India Strategic Dialogue. The second one was held in Bangalore on September 3.
One of the main highlights of the Mumbai Forum will be a startup competition. The winner 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 winner, along with the winners from Delhi and Bangalore, will be invited to the United States to make their pitches before investors in the United States. Winners of Delhi and Bangalore have already been announced.
For more information about the competition and to find out how to enter it, visit this page.
Contact: Anand Sharma
+91 98 688 067 91
+91 78 490 228 58
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
The Startup Forums will provide an excellent platform for the above-mentioned groups to listen to, and interact and network with US investors and find out about their investment philosophies and strategies.
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.
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.
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.
The registration fee for attending the Startup Forums is Rs. 2,800. The fee for entering the Startup Competition is Rs. 5,000.One can make the payment via PayUmoney, send a check, and deposit/transfer the amount to our account.
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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.For more information please contact Anand Sharma firstname.lastname@example.org +91 98 688 067 91 Madhu Sharma email@example.com +91 78 490 228 58
Frank F. Islam, an entrepreneur and philanthropist, heads the FI Investment Group, a private investment holding company that he established in 2007 after he sold his information technology firm, the QSS Group. Islam founded the QSS Group in 1994 and built it from 1 employee to more than 2,000 employees and revenues of approximately $300 million before its sale. Islam was an active participant in the information technology, aerospace engineering services, and systems integration business for more than twenty-five years. During his professional career, he garnered multiple industry awards for leadership, entrepreneurship and excellence. He was recognized by the Ernst and Young as Maryland Entrepreneur of the Year and the US Small Business Administration selected him as the Small Business Person of the Year of the Washington, DC, Metropolitan Area in 2001.
Meet some of our speakers
Sanjay, a thought leader on U.S.-India relations, an active entrepreneur and mentor, is the Founder of AutoNebula, an accelerator focused on Connected Transport. He heads the non-partisan United States India Political Action Committee (USINPAC) and Alliance for U.S.-India Business (AUSIB). Both organizations motivate productive relations and beneficial outcomes for the two nations. Sanjay has spent much of his career as an entrepreneur across multiple business sectors. His entrepreneurship began with a grant from National Institute of Health where he led a team that encompassed artificial intelligence techniques to diagnose patients with Alzheimer’s disease. He then moved on to ventures that included retraining technology workers who lost their jobs and and an IT Services company, Optimos. His clients have included the Library of Congress, Federal Reserve Bank, U.S. Mint and the National Labor Relations Board. Optimos was sold in 2014 at a point when Sanjay’s focus turned to a new technology-driven sector known as ‘connected transport’, a critical component of ‘Smart City’ technology initiatives taking shape around the globe. He founded AUTONEBULA as an accelerator for top-level entrepreneurs who develop technologies for connected transport in the U.S. and India. Sanjay also is Chairman of Kaloupi, a firm specializing in back office outsourced services and Wellisen, a nutraceutical company. Prior to launching AutoNebula, Sanjay founded Optimos, a strategy and enterprise information technology provider based in Reston, VA. Sanjay holds an M.B.A. in Finance & Investments from George Washington University. He’s been a recipient of several industry awards and is a frequent public speaker and media contributor.
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.
Dr. Sabnis has a combined teaching, industrial and research experience totaling to over five decades, most of it in the United States. He has over 20 years of rehabilitation experience with various types of concrete structures, technical and professional committees at national level and in construction management, and has played important and active part at national and local level in professional committees of ASCE, ACI, ASEE and PCI. He was elected Distinguished Member of ASCE, the highest honor Bestowed by the society. At Howard University, He was a successful teacher, Researcher and a mentor to many of his students and has been well respected for his dedication to the profession. He carried out research in collaboration with other universities, such as Northwestern and Penn State University in material science in various aspects as related to the basic properties of concrete and transportation structures (recycled construction materials) for eight years. This activity resulted in several students pursuing their Ph.D. work at other universities. Dr. Sabnis had a consulting firm with offices in New York and Silver Spring, MD; it specialized in construction management, inspection of transit structures and maintenance of transportation structures. Dr. Sabnis worked with Deloitte after retiring from Howard and spent two years between India and US to develop project management in India and in the UAE. Currently, he splits time between India and the US in advising on project financing and also related to infrastructure report card to promote the concept of structural health monitoring of bridges to lead to sustainable structures, based his long-term experience in the USA.
Over 12 years of experience in the legal industry, Pradeep has worked with a full-service law firm and as in-house counsel. Presently, he works as part of the SNG & Partners at Mumbai as Principal Associate. Pradeep’s areas of practice primarily include legal support for banking and finance transactions, general corporate, commercial & transactional, mergers & acquisitions, fintech, technology communication and regulatory matters. Pradeep previously worked with Sberbank as its India legal counsel and managed the legal department of the Sberbank, Branch in India and provided legal support for regulatory, commercial banking, corporate lending, structured finance and transactional business activities of the bank in India. Before joining Sberbank, Pradeep headed the legal and compliance department of Indian School Finance Company, (an investee company of a social venture fund based in & Atlanta USA) and acted as India legal counsel. During the initial years of his career, Pradeep also worked with Universal Legal/The Chugh Firm, a full-service law firm and worked on general corporate, M&A matters and employment law related issues and with Jacob Sebastian & Co Lawyers, where he was primarily involved in Litigation and Real Estate Legal Practice.
Rajesh is a serial entrepreneur and business builder who has set-up multiple successful businesses over the last two decades. Rajesh is the co-founder of InnerChef, India's fastest growing food tech platform. InnerChef is an online food discovery and delivery platform that will make the chef in you come alive. Rajesh is also the founder of GSF, India’s leading multi-city Tech-Startup Accelerator for the brightest tech startups in India. GSF provides tech startups mentorship from celebrated digital founders, initial capital and global exposure. At GSF, Rajesh is architecting the vital building blocks of a nascent early stage startup ecosystem in India. Rajesh has made 50 angel investments as an active and engaged angel investor, which include Viki (acquired by Rakutan for USD 225M), Little Eye Labs (acquired by Facebook), Mobstac, Pokkt, Silverpush, Hackerearth, Browntape, Overcart, Flinto , Timesaverz, Weareholidays, instalively and Nightstay. Rajesh is the host and curator of three leading Tech/Startup conferences in Asia: GSF #Evolution in Mumbai, GSF #WhereDoWeGoNow in Bangalore and Global Superangels Forum in New Delhi. Rajesh brought private radio (Times FM) to India in the early nineties, redefining Indian youth culture. He was at the cusp of early Internet culture in India in the early 2000, building Indiatimes.com, the most valuable Internet business in India in 2005 (funded by Sequoia). Rajesh as the founding President of Reliance Entertainment, oversaw the corporatization of mom and pop Bollywood businesses into a multi-billion dollar industry. He led the biggest investment deal (Dreamworks) between Hollywood and Bollywood. Rajesh serves on multiple boards and advises Trident Capital, a prominent venture firm based in Palo Alto, California. Rajesh is an alumnus of the Harvard Business School (AMP), and has a fellowship from the London School of Economics.
Sameer Jindal is a Managing Director at GCA and is the Head of the Indian Operations. Sameer’s focus is on providing investment banking solutions involving M&A, strategic advisory and capital raising to public, private and listed companies and other stakeholders in India. Sameer also focuses heavily on mergers & acquisitions and has over 15 years of experience working in the U.S., Japan, and India on a broad range of complex cross-border merger transactions. Prior to moving to GCA’s Mumbai Office in 2013, Sameer served as an M&A generalist in GCA’s San Francisco office for five years. Before joining GCA in 2008, Sameer worked in the M&A group at JPMorgan in San Francisco. While there, he executed several transactions across a broad range of industries including Technology, Media and Telecom, Consumer and Healthcare. Sameer also served in the Technology M&A groups at Credit Suisse First Boston and Thomas Weisel Partners. His clients have included Amkor, Asahi Kasei, Fastclick, Hitachi, i2 Technologies, Internap, MarketLeader, Olympus, ON Semiconductor, Panasonic, and Tessera. Before entering investment banking, Sameer worked at Qualcomm as a Software Engineer focused on designing complex wireless communication systems. He earned a B.Tech. from the Indian Institute of Technology, Mumbai and an M.B.A. from the Wharton School of the University of Pennsylvania.
Arihant is the Managing Director of Patni Financial Advisors (PFA), which is an advisory company he founded in 2004. Under his leadership, the firm is in charge of managing deployment of assets across listed securities, debt instruments, real estate and other alternate assets in India, UK and the US. Additionally, after the sale of Patni Computers in 2011, Arihant has been an active venture capitalist and directly engaged in three sector focused VC funds. He is Managing Director of Ideaspring Capital, a new early stage fund in collaboration with established IT entrepreneurs that will focus on enterprise technology.He is Managing Director and Co-founder of the Hive, a silicon valley ‘Big Data’ incubator with offices in Palo Alto, Mumbai and Bangalore. He is Director and Co-founder of Nirvana Ventures, a fund focused on the Internet space. Lastly, he is an active angel investor, and works closely with portfolio companies. Arihant received his Bachelor of Science Degree from the University of Pennsylvania in Chemical Engineering. He continued his education at Babson College, where he received his Masters of Business Administration (Magna Cum Laude), with a dual concentration in Entrepreneurship and Finance. He then received a separate Masters Degree in Statistics from Columbia University, with a concentration in Quantitative Finance.
Partner, Deloitte India
Samir Stewart is an American citizen of Indian origin, who grew up in different parts of India, but has spent most of his professional life working in economics, investment or infrastructure oriented roles in major international institutions such as the World Bank, International Finance Corporation, and the Louis Berger Group largely in the Washington DC area. He has spent the past couple of years after relocating on an “extended temporary basis” to India working on developing business and investment opportunities related to startups in renewable energy, waterless toilets, and with an Australian real estate development consulting firm focused on asset value maximization and distressed asset acquisition. He has a strong interest in media, strategy and branding, particularly as they result in investment facilitation and business development. At present, Samir is based in Bengaluru, with frequent travel to Delhi, Mumbai, and Pune, in connection with his various business and professional interests. In his spare time, Samir is also a part-time actor, compere, and speaker, and does voice overs, narration, and tv anchoring whenever the occasion presents itself.
Varsha has 20 years of operating and venture capital experience in Silicon Valley and India. Prior to her current role Varsha was at Intel Capital investing in US and Indian companies Past Investments – JAMDAT, Mobile365(Sybase), Pollex (Mediatek), Packetvideo (NTT), MCX Current Investments – Reverie Language Technologies, Birds Eye Systems, Housing, Housejoy & Mindtickle
Mr. Ramachandran Gopalakrishnan is a venture partner at Z Nation Lab - an accelerator based out of Silicon Valley and India, in addition to being a mentor capitalist, professional entrepreneur and a speaker. He was a CEO and MD at Atco Healthcare, executive director at the Times group and one of the founders at Gold’s Gym.
Anita Belani is a seasoned professional with 29 years of rich post MBA experience as a senior business & human capital leader. She is currently the Operating Partner of a growth PE Fund called Gaja Capital. Anita is also an independent director on the board of Wanbury Ltd, Eternis Fine Chemicals, Euro Kids and SportzVillage India Pvt Ltd. She has held an independent director position with Laxmi Organic Chemicals Ltd and has been on the Advisory Board of Crederity Inc. Prior to joining Gaja Capital Anita was a Partner with BMR Advisors. In her previous role as Managing Director India for Russell Reynolds Associates she specialized in assignments across sectors, leveraging her extensive human capital and consulting background to provide strategic leadership solutions for her clients. She was also responsible for CEO / Board advisory assignments and specialized in the Private Equity / Venture Capital area in addition to focusing on diversified industrials.. Prior to joining Russell Reynolds Associates, Anita was with Right Management as the Country Head for India. Her areas of expertise included helping clients solve their business issues through human capital solutions in such areas as change management, restructuring, organizational effectiveness, succession planning, leadership development and talent management. Prior to joining Right Management, she was Country Head for Watson Wyatt India and was responsible for building a successful consulting brand for the organization. In all these roles she was responsible for P&L management, business strategy & implementation to build successful franchises in India. Anita has previously worked with Sun Microsystems in San Francisco as a Senior HR Business Partner in charge of strategic global HR. Prior to that, she was in a senior business partner role with KPMG in the USA and was instrumental in building the India operations of Jardine Fleming. She has also worked with American Express TRS in the early part of her career, Anita takes keen interest in mentoring startups and is a key member of the Lead Angels network which focuses on investing in early stage companies. She is a Certified Executive Coach and has coached several C-suite level executives across various sectors. Anita did her M.B.A. from XLRI, Jamshedpur and B.A.(Hons) in Economics from Miranda House, University of Delhi
Please note the agenda of the event
Here’s the agenda:
09:30 am to 10:15 am
Registration and tea/coffee
10:15 am to 10:30 am
Opening / Introduction
10:30 am to 10:50 am
Keynote: Frank Islam, Chairman, FI Investment Group, Washington, DC
10:50 am to 11:30 am
Panel: India’s startup ecosystem through the eyes of foreign and domestic investors
Vishal Verma, Senior General Partner at Edgewood Ventures, LLC, Los Altos, California
Sameer Jindal, Managing Director, GCA
Varsha Tagare, Senior Director, Qualcomm Ventures India
Rajesh Sawhney, Cofounder, InnerChef; Founder of GSF Accelerator
Arihant Patni, Managing Director, Hive Technologies
11:30 am to 11:45 am
11: 45 am to 12:05 pm
Special address on Policy and taxation
Vijay K. Dhingra, Partner, Deloitte Haskins & Sells LLP, Mumbai
12:05 pm to 12:25 pm
Pradeep Joy, Principal Associate, SNG & PARTNERS
12:25 pm to 01:00 pm
Fireside chat with Sanjay Puri, Founder, AutoNebula, Reston, VA & USINPAC, Washington, DC
Moderator: Govindraj Ethiraj, founder IndiaSpend.com and Ping Digital Broadcast
01:00 pm to 01:45 pm
Lunch and Networking
01:45 pm 03:00 pm
Startup competition (Elevator pitches)
03:00 pm 03:15 pm
03:15 pm to 04:00 pm
Panel: Raising money: finding the right investors
Sri Peddu, Managing Partner, Powerhouse Ventures, New York
Ramachandran Gopalakrishnan, Z Nation Lab, Mumbai
Dr. Gajanan M. Sabnis, Emeritus Professor, Howard University, Washington, DC
Moderator: Anita Belani, CPO, Gaja Capital Partners
04:00 pm to 04:15 pm
Startup award presentation
Tea and more networking
Hotel Novotel Juhu Beach
Balraj Sahani Marg, Juhu Beach, Mumbai – 400049 Maharashtra, India
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