TiE Coimbatore conducted a 'Funding Carnival' event as an idea to provide a common platform for startups and young entrepreneurs with the investors on March 31. This event is powered by Nan/Nativelead and PSG Step and supported by Chennai Angels and Kongu TBI. In this event, Our Cricket Star, Saurav Ganguly released the posters.
Mr.G.Karthikeyan, TiE Coimbatore Chapter President addressed the reporters as "This will create an opportunity for start-ups and individuals with innovative ideas to pitch their projects to potential investors from ₹3 lakh to 3 crores, depending on the project". And also added that, though many tier-2 and tier-3 towns are teeming with ideas that solve a lot of day-to-day challenges, they do not see the light of the day due to lack of access to funding and carnival will give a great opportunity to these ideas and individuals.
This event was a great success which is attended by over 1000 members and the applications are received from the members till March 10.