IVY Growth Associates, founded by Sharad Todi, Shubhangi Toshniwal, Anuj Toshniwal, and Rachit Poddar, have a combined expertise of more than 30 years in diverse sectors and have invested in over 100 businesses. IVY Growth Associates is on a mission to collaboratively build a pool of investors and nurture & support startups. It aims to invest in about 500 startups by 2030, in line with the current government’s ‘Vocal for Local’ and ‘Make in India’ missions. The company has partnered with Atal Innovation Centers and Incubation Centers across India to hunt for promising companies. IVY Growth Associates plans to develop roughly 50 businesses market-ready with yearly investments to generate value and impact.
In a conversation, the IVY team talks about their mission, 21 by 72 Startup Summit and more. Excerpts of the interview:
Q – What is IVY Growth Associates? Tell us about the company.
IVY Team – IVY Growth Associates is a group of leading investors in the startup sector with a vision to mark its impact on the global startup ecosystem. The company was established by Sharad Todi, Shubhangi Toshniwal, Anuj Toshniwal, and Rachit Poddar. The company mentors, incubates, and accelerates early-age startups and works collaboratively towards building a startup ecosystem that is sustainable and scalable. The platform aims to make the Indian startup ecosystem ready for 2030.
Q – What is the 21 by 72 Startup Summit undertaken by you?
IT – The 21 by 72 Startup Summit and Expo, organized at Avadh Utopia in Surat from 17th June to 19th June 2022, will host multiple activities such as pitching events, exhibitions, round table discussions, and 1-o-1 networking. The summit will showcase over 200 startups & investors and attract more than 5000 attendees from various countries. The event is launched to nurture and accelerate 500+ startups in India and worldwide by 2030. The summit will emphasize developing the startup ecosystem where national and international investors will get a chance to interact with Venture Capitalists, Angel Networks, and Entrepreneurs.
Q – Who will be the leading investors participating in this event?
IT – Quite a few investors will participate in the summit this year. Some leading investors are Sheetal Soni (Managing partner of MI CAPITAL), Shivi Singh (Co-founder & CEO of ClearDekho), Mahavir Sharma (Founder & Chairman of Rajasthan Angels), Madhav Kasturia (Founder of ZFW Dark Store), and Jatin Kataria (Founder & CEO of InMeSta).
Q – Do you plan to venture into similar events in future?
IT – Yes, of course. If this summit goes successfully, we will plan to perform this activity annually. If required, we will prepare to embark on similar summits globally to build and connect the international startup community and the investors.
Q – What do you think about the Indian startup sector?
IT – The rapidly increasing investor’s confidence in the Indian startup sector is overwhelming. For startups, 2030 is the decade for transformation, technology, and data. We are on a mission to make around 50 startups market-ready with investments every year to deliver value and impact in this decade of transformation. IVY Growth Associates aims to invest in about 500 startups by the end of 2030, keeping in mind the Government of India’s mission of ‘Vocal for Local’ and ‘Make In India’.
