IIT Madras Develops One-Stop-Shop Investor Information and Analytics Platform for Startups

IIT Madras has developed Investor Information and Analytics Platform that will serve as a comprehensive resource for startups. This platform enables easy connection with VCs and investor networks and access to government schemes. Get details here 

IIT Madras: The Union Minister of State for Electronics and IT, Skill Development and Entrepreneurship, and Jal Shakti, Rajeev Chandrasekhar, inaugurated the 'Investor Information and Analytics Platform' developed by IIT Madras. This platform aims to serve as a comprehensive resource for startups, providing easy access to Venture Capitalists (VCs), investor networks, government schemes, and various other startup ecosystem elements. 

This platform has been developed by the Researchers at the Centre for Research on Start-ups and Risk Financing (CREST) of IIT Madras. It will significantly help startup founders, entrepreneurs and Young Indians who intend to build their own devices, services and platforms for India and for the world. 

IIT Madras has partnered with YNOS Venture Engine, an incubatee start-up of IIT Madras in developing the platform. This technical partnership takes advantage of the strengths of private sector enterprise and ensures that the platform is up-to-date and is available 24*7 for the benefit of users.

StartupGPT

An important aspect of this distinctive platform is "StartupGPT," an AI-powered conversational tool designed to simplify the process of accessing comprehensive data. Users can pose questions in straightforward language to obtain real-time information they require. To ensure the platform's sustainability, full access will be available for a minimal fee, enabling a wide range of entrepreneurs to take advantage of this valuable resource.

The platform has information on more than 200,000 start-ups, close to 11,000 angel investors and 5,000 VCs, about 1000 incubators, more than 100 Govt agencies that fund start-ups, and about 550 banks that have supported the start-ups.

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