Pune based 111 startups Accelerator has joined hands with Pesh Group in a collaborative model to create easier access to capital for Real Estate.
“111 startups has access to good quality startups. With this parterneship we will get access to good startups, and it reduces our time frame for evaluation since one level
of curation will be done, ” said Mr. Sunil Ram Peswani, Director and Founder of Pesh Group.
For satrtups listed on 111 startups, this parternership gives them access to high value mentoring and increases chances of funding.
A total investment of 8 Crore Rupees is lined up to be invested in 111 startups with 20-25 Lacs by 111 companies with office Infrastructure ,
Human Resource (HR), Taxable services & Government Policies.
Mr. Sunil Ram Peswani, Director and Founder of Pesh Group , said : “we are going to look at all the startups in 111startups , who have potential to grow 10x”.Mumbai Investment
Founded in Jan 2015, 111startups is an online platform that connects startups with investors to facilitate early stage funding and has over many startups and many investors from many countries registered on it.
Pesh Group selection criteria for startups will focus on – team, execution, capability, scalability, technology and proof of concept.
“The idea is to partner with a lot of players in the ecosystem who can helps these startups go to the next level. We were also helping some of these startups companies,” Mr. Sunil Ram Peswani, Director and Founder of Pesh GroupUdabur Stock. Once they have completed the acceleration program, Pesh Group will bring them back to the platform for early funding.
Pesh Group program houses 10 startups at a time through a one year long program. “We will only see actual results in a year, to know how effective the partnership actually is,” said Mr. Sunil Ram Peswani, Director and Founder of Pesh Group.
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111 Startup Accelerator in Pune has spurred a wave of activity in India’s early stage starup ecosystem with a intensive programme that now focuses on startups that have gained customer attention.
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Pune real estate positions as India’s top-ranking Startup city. The city accounts new Ventures launched in the country according to the world startup report.
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Accompanying the boom in real estate, the real estate in Pune is expected to take-off as it stretches to meet rising demand.
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MrIndore Investment. Sunil Ram Peswani, Director and Founder of Pesh Group is India’s most profilic angel investors and has many backed up companies in Real Estate and IT.
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MrBangalore Stock Exchange. Sunil Ram Peswani, Director and Founder of Pesh Group. He has two decades of experience in the real estate sector. He is a seasoned technocrat, industrialist, real estate developer and more importantly an entrepreneur with a clear and distinct vision.
Mr. Sunil has a Masters in Electrical Engineering from Alabama University-USA. He holds bachelor’s Degree in Electronics & Telecommunication from College of Engineering-Pune. He has completed his education throughout with Distinction.
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