Gurgaon Get Started! A look into the Lufthansa startup expo……
India has arrived as one of the five largest startup communities in the world, according to a report by Nasscom, India is now ranked third among global startup ecosystems with more than 4,200 new-age companies. The start-up expo organised by Lufthansa in Gurgaon was no exception, showing the sheer numbers of the start-ups a city like Gurgaon can churn out . It was a rush hour from the time the gates opened, consisting of start-ups , incubators , start-up enthusiasts , VC’S you name it ….it felt every much like a scene out of the movie “The pirates of the silicon valley” when start-ups in the US were getting ready with their stalls in place for an expo. The spirit was high and positive. The number of people walking in was increasing by the minute.
This year the Lufthansa Start-Up Expo received over 12000 attendees, 7000 plus startups and over 1000 investor meetings
The one day event brought together an entire ecosystem of support to help entrepreneurs dreams come true. From mentorship, showcasing business plans, finding investors, exploring partnerships, engaging with VCs, business experts, partners, government agencies, Start-up Expo brings to you all this and much more.
From healthcare to agriculture the repertoire of the event was large. The best VC’S in the country were part of it,names such as Sequoia , Kalaari capital, and Unicorn ventures India.With all the noise around there were those start-up’s which really caught my attention.
The Start-up Expo, India’s largest ecosystem for start-up success, it took place on 23 August at GoWork, Gurugram. Co-created by Lufthansa and The Indus Entrepreneurs (TiE), the unique one day event brought together all that is needed for start-up success – investors, mentors, business experts, industry partners, government agencies, corporates and customers – all under one roof. Participation is free of cost.
Taking forward the unprecedented success of the first Startup Expo held in 2016, the second edition featured over 75 investors, 100 partners, 500 mentors, 250 startup showcase and is expected to draw more than 10,000 attendees. It will provide start-ups an opportunity to explore funding opportunities, receive valuable insights at expert workshops, gain mentorship, engage with government organizations, network with potential partners, customers and more.
This is yet another step taken by Lufthansa to partner the success of Indian business. Over the past five years, Lufthansa has empowered 150,000 entrepreneurs through its flagship program Lufthansa Runway to Success, a platform that has grown to become India’s largest SME stage. It has been a catalyst for some of India’s most disruptive start-ups such as Chaayos, Sattviko, Find My Stay, Heads up for Tails, Prozo amongst others.
Wolfgang Will, Senior Director, South Asia, Lufthansa Passenger Airlines, said, “Entrepreneurship is the driving force of the Indian economy. We at Lufthansa feel privileged to be at the heart of this nationwide movement celebrating entrepreneurship. As an integral part of our Lufthansa Runway to Success initiative, the Startup Expo yet again brings alive our promise to be More Indian Than You Think.”
The Start-up Expo follows close on the heels of a chain of free Lufthansa Runway to Success mentorship camps organized by TiE chapters across nine cities to offer insights and advice to nurture small and medium entrepreneurs. This year, over 2,000 startups participated in these workshops and received an opportunity to engage and draw inspiration from mentors and business experts.
The Start-up Expo saw participation from entrepreneurs across diverse sectors, including Technology, FinTech, social and food. They will get an opportunity to network with top business experts like Pramod Bhasin, Founder, Genpact & Chairman Clix Capital; Raghav Verma, Co-Founder & Head – Mktg & Business Dev, Chaayos; Sunil Goyal, Managing Director & Fund Manager at YourNest Venture Capital; Deep Bajaj, Founder, Peebuddy; Nidhi Agarwal, Founder & CEO, Kaaryah, Raghav Chandra, cofounder, Urbanclap, Puneet Chawla, CEO and Cofounder, Jaypore and more, besides investors, VCs, accelerators, industry associations, service organizations as well as corporates.
This year too, Startup Expo has attracted widespread support from organizations such as Department of Industrial Policy & Promotion(DIPP), Sequoia Capital, Unitus Seed Fund, IDG Ventures India, YourNest, Calcutta Angels, IvyCamp; Indian Angel Network, Orios Venture Partner; IFC, Kalaari Capital, Saif Partners, etc. According to Geetika Dayal, Executive Director, TiE Delhi-NCR, “This is the collective strength
of India coming together to fuel the drive and passion of young entrepreneurs. Lufthansa’s
strong commitment to partnering the success of Indian business is creditable. As the largest
global network fostering entrepreneurship, TiE’s core philosophy is to support startups and
SMEs with opportunities and mentoring them for success. This is why our long-standing
partnership with Lufthansa through initiatives such as Runway to Success and the Startup Expo
Expos such as these create a huge ecosystem for start-ups to thrive and exercise better opportunities in the world of start-ups.Events such as these are important to create one of the most close-knit and vibrant startup communities, putting Gurgaon not just on the national but also on the global startup map.