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Hyderabad to host Asia’s biggest startup conclave

Hyderabad to host Asia’s biggest startup conclave
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Highlights

Germany-based firm DHI Labs announced that Asia’s biggest startup conclave, ‘Impact Chapter’ is all set to begin at HICC in Hyderabad from Wednesday. Impact Chapter is set to feature participation of more than 400 startups and over 50 investors from all across the world.

Germany-based firm DHI Labs announced that Asia’s biggest startup conclave, ‘Impact Chapter’ is all set to begin at HICC in Hyderabad from Wednesday. Impact Chapter is set to feature participation of more than 400 startups and over 50 investors from all across the world.

• More than $ 100 million up for grabs with national and international investors joining the conclave
• 200 global speakers to fly in

The revolutionary platform will facilitate an interface between startups, mentors and entrepreneurs from different global hubs who are willing to invest heavily in the startup ecosystem.

Speaking on the announcement on Sunday, Abhilash Veera-Founder and CEO of DHI-Labs said, "We at DHI-Labs believe that startups have great potential to grow immensely in global and local markets, but many fail to conquer their teething problems and often lose zeal.”

Further, he added, "Extensive value is set to be created through this conclave and will add a additional significance to the brand Hyderabad, as we already know that the city is a startup capital of the nation, with the presence of major incubators, T-Hub, Etc. Impact Chapter will further enhance image of Hyderabad and set to make it a Global Capital for Startups.

Bernice Robertso from ‘GetintheRing’ Germany, which is a part of ‘Impact Chapter’ said, "We have seen a major participation all across the world and some of the successful startups have been a part of "Get In the Ring" competition.’

Nischal Kurra-CFO-DHI Labs-Impact Chapter said, "The value set to be generated through the Impact Chapter is immense,” and added, “More than a hundred million dollar investments are set to flow with many major international and national investors being a part of Impact Chapter.” More than 1,000 startups have applied for the conclave of which the best 400 were selected.

Nischal Kurra said that startups are set to bring in an extra value, revenue and profits to our country. “Many organisations are a part of Impact Chapter and we are confident of having exceptional two days of networking, value generation and investments,” he added.

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