To strengthen startup ecosystem in India, MeitY Startup Hub onboards MergerDomo
MergerDomo, a fundraising and startup advising platform, has partnered with MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics and IT (MeitY) focused on developing a rich innovation ecosystem across India. The partnership will help the companies with investor engagement, corporate connections, pitch evaluation and presentation to potential investors, and strategic planning, among other things.
MergerDomo is an Indian technology platform that connects startups with investors (angels, high net worth individuals, venture capitalists, private equity firms, and family offices), investment bankers, and consultants in sectors such as sectoral strategy, operations, marketing, turnaround management, and digitisation.
Hormazd Charna, Founder & CEO of MergerDomo, expressed his delight at the MSH-MergerDomo partnership and said, “We aim to provide an integrated solution suite that benefits the entire startup ecosystem: investors, startups, investment bankers, and advisors. This tie-up is in line with our mission to help budding ventures achieve their growth ambition by catering to their business requirements.”
Hoping for a fruitful collaboration, CEO, MSH, Jitendra Vijayvargiya, said, “The tie-up between MSH and MergerDomo is an attempt to further strengthen the startup investment ecosystem in India by engaging with emerging and innovative funding platforms that can provide access to private sector capital, along with astute strategic and operational advisory, to enable the effective implementation of fundraising strategies.”