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Description
Union Minister Rajeev Chandrasekhar and IIT Madras Professor Thillai Rajan A inaugurated the CREST-developed 'Investor Information and Analytics Platform. This portal acts as a consolidated center for startups to connect with investors, government programs, and other key components of the startup ecosystem.
Significance And Features
Holistic Resource Hub- The portal provides access to venture capitalists, investor networks, government programs, and other resources, filling a critical vacuum in comprehending the startup innovation ecosystem.
AI-Powered Navigation- The platform uses AI for easy navigation, ensuring entrepreneurs have smooth access to information.
Research and Development- Developed by CREST researchers, the platform serves as a complete repository for entrepreneurs, assisting in the development of gadgets, services, and platforms for India and beyond.
Government Collaboration- The platform, funded by the Government of India and IIT Madras, shows the convergence of academic research skills and national initiatives.
Quotes And Acknowledgments
Rajeev Chandrasekhar- Rajeev Chandrasekhar praised the platform's role in increasing exposure and understanding of India's startup ecosystem, highlighting its significance for scholars and policymakers.
Prof. Thillai Rajan A- Emphasized the platform's role in democratizing access to knowledge and money, benefitting young entrepreneurs, and encouraging an innovation-led economy.
Gratitude- Recognized the contributions of IIT Madras, the Government of India, and the Institute of Eminence Scheme in making the platform a reality.
Unique Feature
- Startup GPT- An AI-powered conversational platform that allows users to ask questions in simple language and receive real-time responses, improving user experience and accessibility.
Data Overview
- Comprehensive Information- Includes information on over 2,000,000 businesses, 11,000 angel investors, 5,000 venture capitalists, 1,000 incubators, 100 government agencies, and 550 banks that assist startup efforts.
Private Sector Collaboration
- YNOS Venture Engine- Worked with IIT Madras to construct the platform, using private sector expertise in the process.
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