Baanhem Ventures raises Rs 3.3 crore from Mudhal Partners

Baanhem Ventures has raised Rs 33 cardinal (Rs 3.3 crore) from Mudhal Partners, the concern steadfast backed by Kumar Vembu, arsenic it aims to place and enactment first-generation entrepreneurs successful the state, the institution announced.

Baanhem Ventures is the creator of the fashionable tv world amusement 'Startup Thamizha', which seeks to enactment first-generation entrepreneurs from Tamil Nadu and beforehand a displacement successful the mindset of high-net-worth individuals to put successful startups.

The 'Startup Thamizha show' has already secured a committedness of Rs 200 crore successful investments for 3 seasons from assorted manufacture leaders.

Baanhem Ventures is present raising funds from task capitalists to found a dynamic Startup-Investment Bridge level crossed the country, designed to link emerging startups with investors, according to a institution connection released connected Tuesday.

"Our ngo is to supply a reliable assets for entrepreneurs to showcase their endowment and crook their ideas into palmy businesses. Having Kumar Vembu connected committee strengthens and deepens our mission.

Through our inaugural programme, 'Startup Thamizha', we are committed to helping aspiring entrepreneurs crook their dreams into reality, contributing to Tamil Nadu's economical growth," said Baanhem founders Hemachandran L and Balachandar R.

"I was impressed by Baanhem's imaginativeness to specifically make first-generation and autochthonal entrepreneurs from Tamil Nadu for the future, arsenic good arsenic their technological attack to producing palmy startups.

This is wherefore I decided to beryllium the archetypal to articulation this caller initiative, which led to the constitution of Mudhal Partners," said Kumar Vembu.