9Unicorns together with Enterprise Catalysts, has introduced the second version of its marquee occasion ProStar for supporting progress stage firms.
The unique occasion in affiliation with JM Monetary shall be held in Singapore on April 29 and 30, 2024. Greater than 35 Non-public Equities (PEs), Enterprise Capitalists (VCs), Company VCs and International Household places of work have confirmed their participation within the second version of ProStar.
The occasion will witness over 15 growth-stage startups within the 9Unicorns and Enterprise Catalysts’ portfolio who’ve raised a complete of $955 million from marquee world traders reminiscent of Creation Investments, Tiger International Administration, Gogoro, GMO Ventures, and Sequoia Capital. The occasion may even embrace cocktail night networking classes with Unicorn Founders, International VCs and PEs.
Empowering growth-stage startups
Dr Apoorva Ranjan Sharma, CoFounder and Managing Director, 9Unicorns and Enterprise Catalysts++, mentioned, “The primary ProStar occasion in Bengaluru was a powerful success, and we’re thrilled to construct on that momentum. At 9Unicorns, we’re dedicated to fostering a strong ecosystem that empowers growth-stage firms to realize their full potential.”
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Within the maiden version of ProStar, held in 2023, over 40 Progress Stage Traders interacted with a curated set of 18 portfolio firms. The occasion facilitated greater than 200 unique conferences between traders and startups with round 180 follow-on conferences. The taking part firms have raised over $450Mn from marquee world traders reminiscent of LC Nueva, Omidyar Capital, HealthQuad, Sony Innovation Fund, March Capital, Dream Incubator, Samsung Investments, and AdvantEdge VC.
Constructing on the success of the primary version, Prostar Singapore will witness participation from traders from throughout 5 nations in Southeast and East Asia together with Singapore, Japan, & South Korea.
Propelling the expansion stage ecosystem ahead
Abhishek Bhagat, Managing Director for Digital and Know-how Funding Banking, at JM Monetary, mentioned, “Progress-stage startups are the true engine driving the event of our nation’s enterprise ecosystem. Our partnership with 9Unicorns and Enterprise Catalysts for ProStar is a big step ahead in bolstering confidence amongst world non-public fairness and enterprise capital corporations in Indian growth-stage alternatives.”
The businesses taking part within the occasion are curated from a portfolio of 400+ firms of 9Unicorns and Enterprise Catalysts, which have cumulatively raised USD 3 Billion from a variety of traders from throughout the globe — VCs, PEs, Household Places of work, Establishments, Company Ventures.
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Ankit Jain, Companion at 9Unicorns Accelerator Fund, mentioned, “India’s emergence as a worldwide enterprise capital hub necessitates the event of platforms like ProStar. ProStar will act as a bridge by facilitating fundraising for growth-stage firms, connecting worldwide traders with the large alternatives within the Indian market. Whereas India boasts a strong early-stage enterprise ecosystem, ProStar goals to propel the expansion stage ecosystem ahead by fostering helpful connections and world growth for these firms.”
RSVP for Prostar as we speak!
Kindly RSVP to hitch us at Prostar and meet the rising world progress stage firms constructing out of India. Register right here: https://bit.ly/PROSTAR_RSVP
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This text is produced by the e27 group, sponsored by Enterprise Catalysts
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