NASSCOM OPENS DOORS FOR JAPANESE INVESTMENTS IN INDIAN STARTUPS

New Delhi/Tokyo:  As part of its ongoing efforts to accelerate global capital access to Indian tech startups and promote technological exchanges between India and Japan through cross border collaboration,  NASSCOM Japan VC Network  culminated its two-day start-up pitch session at Tokyo today.
26 innovative Indian start-ups presented their ideas in two days live pitch sessions at Tokyo first-ever initiative from NASSCOM outside of India A first of its kind initiative in partnership between  NASSCOM and the Embassy of India, Tokyo , the Japan VC Network brought together  26 innovative technology start-ups  from India who travelled along as part of NASSCOM delegation to Tokyo and presented their ideas in front of more than  125 Japanese Institutional Investors  in a live pitch session.
The investments over the next few days have been foreseen to be Series A / B / C level where the founders are looking to raise a sum of more than $2Mn upto a maximum of $ 40Mn.
Aibono Smart Farming Private Limited,   ANJANSECURE SOLUTIONS PVT LTD,   ASIMOV Robotics Pvt Ltd, AZAH PERSONAL CARE PVT LTD,   Blowhorn, Bulk MRO Industrial Supply Pvt. Ltd., Care24,  COGOS Technologies Private Limited,   Easy Home Finance Limited,   FreightBro Logistics Pvt Ltd,   Freyr Energy Services Pvt Ltd,   HealthifyMe Wellness Pvt Ltd, Hush (Erbauen Labs Private Limited), HyperXchange,  INSTASAFE,   Medikabazaar, MillionEyes Healthcare Pvt Ltd, Momspresso (Just4Kids Services Private Limited),   MoneyOnClick (Wortgage Technologies Pvt Ltd),   Optisupply Chain Solution Pvt Ltd,  Rizort Inc,   Skillenza,   Skyroot Aerospace, SPANNING TREE SOFTWARE TECHNOLOGIES PRIVATE LIMITED,   Wholesalebox Internet Pvt Ltd,   Wobot Intelligence Private Limited  are the 26 start-ups who presented their value proposition at the Tokyo pitch session.
Following the Pitch sessions, more than 180 one-on-one meetings averaging a minimum of 7 meetings and maximum of 12per company were also arranged for these startup companies to meet with interested Japanese investors.
India and Japan have a decades-long history of friendly bilateral trade relations which has also shaped both the country’s start-up and investor relationship over the years. With more than 15.1-billion-dollar investments globally in the last 5 years, the Japanese Venture Capital and Corporate Venture Capital investment have been witnessing a steady growth of 79% YoY. With deal size growing 37.32% year on year in the last 5 years, more than 44.76% of the investment has been made into Angel funding, followed by 32.09% in Series A round, globally.