𝘚𝘵𝘢𝘳𝘵𝘶𝘱 𝘚𝘪𝘯𝘨𝘢𝘮 𝘓𝘢𝘶𝘯𝘤𝘩𝘦𝘴 "𝘝𝘢𝘭𝘶𝘦𝘊𝘰𝘳𝘯"; 𝘈 𝘙𝘦𝘷𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘢𝘳𝘺 𝘚𝘩𝘪𝘧𝘵 𝘪𝘯 𝘵𝘩𝘦 𝘚𝘵𝘢𝘳𝘵𝘶𝘱 𝘌𝘤𝘰𝘴𝘺𝘴𝘵𝘦𝘮
- Startup Singam announced its aim to become a destination platform for new age entrepreneurs
- Plans to conduct TV Programs across Indian cities to ‘simplify fundraising and amplify success stories’
As the global startup scene has become increasingly obsessed with achieving massive valuations, the pressure to deliver rapid returns has led to many startups facing challenges such as unsustainable business models, employee turnover, and resource depletion. Investors and entrepreneurs alike have become fixated on achieving "unicorn" status, often at the expense of building strong, resilient businesses that create real value for customers and society.
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As part of its commitment to simplify fundraise and amplify success stories, Startup Singam aims to become the go-to platform for entrepreneurs looking to build game-changing ventures. The platform is designed to offer a holistic support system, including mentorship, funding guidance, networking opportunities, and educational resources. By bringing together a diverse range of entrepreneurs, investors, and industry experts, Startup Singam seeks to create an ecosystem where ideas can thrive and transform into successful businesses.
- Value-Centric Approach: Rather than chasing arbitrary numbers, ValueCorn will encourage businesses to focus on products, services, and solutions that directly impact and benefit their customers and communities
- Sustainability Over Scale: Encouraging sustainable business practices and long-term growth, the initiative promotes steady progress and innovation over the short-term rush to market dominance.
- Transparent Metrics: By introducing a more transparent set of success metrics that look beyond the valuation, ValueCorn will enable investors to support businesses with solid growth potential, ethical operations, and a vision for the future.
Mr. Kumar Vembu, Founder – Mudhal Partners & GO Frugal Technologies and Co-Founder of ZOHO, said, "Startups are meant to change the world, but all too often, they are distracted by the pressure to become the next 'unicorn'. With ValueCorn, we aim to shift the focus back to creating real value – for customers, employees, and society at large. We want to help entrepreneurs build businesses that are not just financially successful but contribute meaningfully to the world around them."
Mr. Hemachandran, Co-Founder, Startup Singam said, “As we celebrate the success of Startup Singam launch, we are equally delighted to celebrate entrepreneurship. We intend to make this success even more meaningful by taking the Startup Singam program to Hyderabad, Bengaluru and Trivandrum by the end of next calendar year. The company will also establish a dedicated fund to support startups that align with these values. This initiative aims to make Tamil Nadu and thereby India a hub for forward-thinking entrepreneurs who are ready to lead the next generation of businesses grounded in value creation”.
Mr. Balachandar, Co-founder of Startup Singam stated, "With the launch of ValueCorn initiative, we are not just supporting startups; we are cultivating a culture of value creation, innovation, responsibility, and the celebration of entrepreneurship. As we expand Startup Singam, we are committed to fostering regional collaboration and providing the resources necessary for startups to thrive."
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