In a bid to catalyze the growth of startups in Odisha, Dr. Omkar Raii, the Executive Chairman of Startup Odisha, unveiled FundStack 3.0 during his keynote address. Highlighting its significance, Dr. Raii emphasized that FundStack 3.0 aims to entice prominent Angel Investors and Venture Capitalists from all corners of the country to invest in the burgeoning startup landscape of Odisha.
During his address, Dr. Omkar Raii revealed that FundStack 3.0 has attracted the participation of 23 investors who are eager to support the startup ecosystem in Odisha. Additionally, he announced that out of a pool of 50, a selected group of 20 startups will receive investments in the foreseeable future through this initiative.
FundStack 3.0 attracts 23 Investors
“FundStack 3.0 is a strategic step to foster an environment that bridges the gap between innovative startups in Odisha and potential investors nationwide,” Dr. Raii expressed. “This initiative signifies a milestone in the journey towards building a robust and sustainable startup ecosystem in the region.”
Dr. Raii also highlighted the rapid growth trajectory of Odisha’s startup ecosystem, asserting that it has been garnering significant attention and interest from investors. The initiative aims to solidify this trend by creating a vibrant connection between Odisha-based startups and investors across India.
The launch of FundStack 3.0 is expected to serve as a catalyst for fostering collaborations and facilitating investments that will fuel the growth of startups in Odisha, contributing to the state’s economic development.
