Innovation Mission Punjab, a unique private-public partnership that aims to build, empower and act as a catalyst for startup communities in Punjab, held its second contact session at the Kalikat Bhavan, Mohali Accelerator. The 16 startups in their revenue and product-ready stage were part of the session. Finance, economics, and revenue experts guided startups in depth during the session.

With the contact session, IMPunjab through various interventions built the capacity of the entrepreneurs to be investment ready for the upcoming Demo day. The workshop helped entrepreneurs learn about new-age business and financial models, along with the functions concerning unit economics, burn rate, cash flows, financial projections, and cost heads. During the session, entrepreneurs learned about work plan creation and incorporated it into their business plans.

Talking about the networking cohort program, Somveer Anand, CEO & Mission Director, IMPunjab said, “IMPunjab’s Accelerator program helps the cohort of 16 early-stage startups by mentoring them through in-person and virtual contact sessions by Industry experts and experienced professionals from the startup ecosystem. In this program, startups learn how to scale their businesses and make them market-ready. We are preparing them to pitch investors for funding.”

As part of its second contact session, the Mission had a lineup of experts and investors Mayank Patel, CEO of IIPHG Technology Business Incubator, Srikant Prabhu, VP of Growth, Qapita, Aditi Gupta, Board Member of Truemeds and Asha Venture, Amrit Paul Singh, Board Observer, Satyakriya Healthcare Innovations Pvt Ltd, Arjun Rao, General Partner, Speciale Invest, Aswani Chaitanya Nadakuduru, Vice President – Investments, Capital- A, Nishit J, VC, Capital – A, Amrit Tiwari, Assitant Vice President- Investment, IIM Lucknow Enterprise Incubation Centre, Sahil Jain, Senior Associate, Caspian.