FundStack 3.0 Launched: Calling Startups for Applications

Odisha Startup Investor Join Occasion – Fundstack is again with its 3^rd Version, Fundstack 3.0. This program shall be Odisha’s largest congregation of famend traders who shall enrich this mega funding discussion board throughout the 2-day lengthy occasions and pitching periods for supporting startups to lift funds from angel networks and enterprise capitalist corporations. 

Dr. Omkar Rai, Govt Chairman, Startup Odisha, Govt. of Odisha launched Fundstack 3.0 on 20^th October 2023 (Friday) over a digital gathering & additionally inaugurated the devoted web site for startups to start out making use of for this system and use this opportune second for elevating their first cheque from the funding companions. 

Talking on the event Dr. Rai emphasised on the success tales that got here up from the final version which had been inspiring and motivational for the main in addition to aspiring entrepreneurs of the state. The 20 finalists of final yr’s Fundstack had obtained an opportunity to attach with a number of the most main funding corporations of the nation and startups equivalent to Transport Easy, Homvery, Carbon Out, LarkAI and plenty of extra had been in a position to safe their first fundraising.

Govt Chairman Dr. Omkar Rai asserted that Fundstack 3.0 will probably be a chance to introduce the Odisha Startup Progress Fund (OSGF) and allow extra companions to affix this initiative of Startup Odisha, Govt of Odisha to gas the expansion of startup ecosystem in Odisha.

This yr additionally 50 chosen startups shall be curated by specialists and mentors by way of an funding readiness workshop who in flip will pitch earlier than the traders on 21^st November 2023 from which prime 20 startups shall be shortlisted to be a part of the devoted one-on-one conferences over velocity relationship and networking periods on the mega closing ceremony on 22^nd November 2023.

Fundstack 3.0 is conceived with the goal to present homegrown startups the much-needed publicity on funding ecosystem and assist them perceive the dynamics of the brand new age entrepreneurship thereby aligning with Odisha’s purpose of being the Finest Startup Hub in India and residential to 5000 startups by 2025.