Marwari Catalysts announces new investment from Kumbhat Advisors. The company said in a statement that it aims to leverage Kumbhat Advisors’ expertise to evaluate its investments in the segment and achieve a stronger foothold.
Commenting on the investment CA Mohit Kapoor (Ex. Goldman Sachs) said, “We, at Kumbhat Advisors, are truly excited with our investment in and association with Marwari Catalysts. Our objective is to firmly establish Surat and Gujarat on the Startup map of India, both in terms of investors and home grown startups. Gujarat has been the leader in terms of industrial development and FDI in the country for the past many years and we feel the time is right for Gujarat to establish its name in the Startup Ecosystem also. Further Marwari Catalysts being an ‘Accelerator’ gives the right platform for our clients to make their investments in the Startup world.”
“We are delighted to be associated with Kumbhat Advisors, as we look forward to playing our part as the Startup Ecosystem Advisor and leverage our expertise on the entrepreneurial ecosystem in India to find the next-generation of startups that have the potential to bring large-scale disruptions. The vision of MCats&Kumbhat Advisors combined with the thriving startup environment can only result in great opportunities for the startup ecosystems across borders. We aim to be a global player and our next goal is to activate potential global partners to be part of India’s successful startup ecosystem,” said Sushil Sharma, Founder & CEO, Marwari Catalysts.
Devesh Rakhecha, Founder & Director, Marwari Catalysts, added, “At Marwari Catalysts, our goal is to create the maximum entrepreneurial value by providing end-to-end support to both startups and investors, thus building India’s most founder friendly and investor friendly startup eco-system. Through our association with Kumbhat Advisors, one of the leading players in its domain in India, we are confident that we can establish startup investments as a viable and lucrative asset class for established corporate entities and maximize the entrepreneurial value created across the board.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.