Tamil Nadu authorities’s nodal company for startup and innovation, has launched a actuality tv present ‘Startup Thamizha’, impressed by the massively fashionable worldwide present Shark Tank, and aimed toward offering a platform for budding entrepreneurs on the grassroots degree. ‘Startup Thamizha’ has obtained a funding dedication of Rs 200 crore from entrepreneurs and angel traders, a prime official stated.
A press launch on Sunday stated Refex Group has dedicated Rs 100 crore whereas Dr Velumani of Thyrocare and Pontaq has earmarked Rs 50 crore and Rs 25 crore, respectively from every model. Angel investing firm Native Lead Angels has dedicated Rs 10 crore funding whereas the remaining quantity could be contributed by different traders.
A pioneering initiative, the Startup Thamizha platform goals to create a conducive ecosystem for startups from the grassroots degree, encourage ladies entrepreneurship, and produce collectively founders, traders, and mentors for synergised development, StartupTN Mission Director and CEO Sivarajah Ramanathan stated.
The fact tv present would go into manufacturing by February 2024 and be telecast on a well-liked Tamil tv channel. The present could be produced and managed by Model Avatar, Blue Koi, and Refex Capital. “Startup Thamizha exemplifies the collective commitment of the Tamil Nadu Government through StartupTN in fostering a thriving startup ecosystem and in boosting economic growth,” Ramanathan stated.
As many as 50 startups could be shortlisted for the occasion and offered mentorship and coaching on presenting their concepts within the tv programme, the discharge added.
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