Soon to be aired “Kal Ke Krorepati” facilitates Rs. 15 crore fundraising for startups

Udaipur : Kal Ke Krorepati (KKK), a pioneering initiative dedicated to spotlighting the burgeoning startup ecosystem of India, while providing a pivotal platform for startups, was inaugurated by renowned actor and entrepreneur Sunil Shetty in Ahmedabad on Tuesday.

This marks the beginning of the first chapter – the Gujarat Chapter and the same will be replicated across other states of India.

Kal Ke Krorepati stands as a unique amalgamation of startups, VC funds and investors, transcending mere fundraising endeavors to embrace a comprehensive approach aimed at fostering substantial economic growth. The inception of the first chapter marks the advent of a new chapter for startups and aspiring entrepreneurs, particularly within the vibrant landscape of Gujarat.

The initiative invited 500 startups from across Gujarat to submit their business proposals and concepts, culminating in the meticulous selection of 27 promising ventures spanning various industries and offering innovative solutions.

Each chosen startup was afforded the opportunity to showcase the uniqueness and growth potential of their ventures through a succinct 3-minute live pitch before a panel of nine venture capital funds and investors. Notably, right in its first season, Kal Ke Krorepati has already received about 15 crores of EOI from the investors on the show which is currently being facilitated for select startups, underscoring the attractiveness of Gujarat’s innovative endeavors to prominent investment entities.

Milapsinh Jadeja, Founder, Entrepreneur, Venture Builder as well as a seasoned entrepreneur and angel investor, expressed confidence in the concept. He said, “Kal Ke Krorepati’s potential to invigorate Gujarat’s startup ecosystem and the broader Indian entrepreneurial landscape is remarkable. I am very optimistic in the initiative’s role as a distinctive platform uniting startups, investors, and stakeholders to foster networking, dialogue, and fundraising opportunities.”   

The curtain-raising event of Kal Ke Krorepati witnessed the esteemed presence of Bollywood luminary, entrepreneur, and investor Sunil Shetty, who underscored the significance of nurturing fresh ideas and fostering a collaborative community conducive to economic advancement.

“Kal Ke Krorepati represents a commendable endeavor to cultivate a thriving ecosystem of startups and investors, thereby contributing meaningfully to economic development. I am optimistic that many of these nascent startups and business ventures will chart a path to remarkable success in the years ahead, generating livelihood opportunities,” remarked Mr. Shetty.      

The Kal Ke Krorepati initiative is poised to make a substantial contribution to economic progress by facilitating investments and unlocking novel opportunities across diverse sectors including technology, education, travel, healthcare, and hospitality.      

“We have embarked on an auspicious journey, and we are confident that Kal Ke Krorepati will emerge as an unparalleled platform showcasing the triumphs of startups in Gujarat and India,” affirmed Jignesh Patel, Founder of Iroller Media and Entertainment along with Alka Gor, Associate Producer of the show.