Saturday, March 26, 2022

Entrepreneurship Conclave on March 23

Kathmandu, Mar. 22

The 3rd edition of International Entrepreneurship Conclave – Connect [IN], slated for 23 March in Kathmandu, aims at building upon the success of previous two editions to further cement the growing linkages between the startup ecosystem of India and Nepal, said the Embassy of India in Kathmandu.

The conclave is also part of the year-long celebrations to mark 75 years of India’s independence.

“In its current edition, Connect [IN] will include stories from founders of key startups which have made it big in India and Nepal.” said the embassy in a statement on Tuesday.

From India, these stories will include Meesho, a unicorn and one of India’s largest social e-commerce and resale portals, and Elucidata, an upcoming firm that uses data analytics to bridge the gap between life sciences and engineering. From Nepal, it will include the well-known fintech player F1Soft Group and the e-commerce portal Sastodeal.

The Conclave will also feature three panel discussions focusing on challenges faced by startups during their early stages, funding of startups from venture capitalist’s perspective, and on how technology can help overcome barriers in traditional businesses.

Among the Indian participants are Yatra Angel Network, a VC firm focusing on funding of fintech ventures, and Credenc, a startup using technology and data analytics for better decision making on disbursal of educational loans.

From Nepal, these would include well-known startups such as Tootle, Hatti Hatti, Pick and Drop, Pad2Go and SweetFix, and VCs such as Dolma Impact Fund and Business Oxygen. The event will also feature speakers from Standard Chartered Bank and King’s College Kathmandu.

The Conclave was earlier scheduled for 1st week of February 2022 but had to be postponed to March in view of the worsening pandemic at the time.

In its previous two editions, Connect [IN] provided an enabling platform to young entrepreneurs, investors, venture capitalists and experts from Nepal and India to learn from and connect with each other on a range of domains – from ideas to business models, problems to solutions, and businesses to funding, said the embassy. 

Published in The Rising Nepal dialy on 23 March 2022. 

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