IIM Calcutta Launches Clarion Call 5.0 with an Investment Commitment Corpus of USD 8.5 mn

New Delhi: IIM Calcutta Alumni Association (IIMCAA) along with IIM Calcutta Innovation Park has launched Clarion Call 5.0 with an investment corpus of USD 8.5 mn (a total of INR 65cr).

A Clarion Call 5.0 is a platform that has been launched by IIM Calcutta to promote entrepreneurship where start-up founders can find the best fundraising, incubation and mentoring options. The platform commits an investment corpus of USD 8.5 mn.

The promising startups will be able to pitch their business ideas to 5000+ Angels and 7+ Institutional investors have committed a corpus of USD 8.5 mn (INR 65+ Crore). The winners will be given the opportunity to procure funding at an early stage and find the right guidance to scale up their companies.

The top 20 finalists will get a chance to be incubated with multiple partners, including IIM Calcutta Innovation Park, BSE Incubator ZONE Startup, and others.

Apart from that the finalists will get engagement with prospective investors along with great exposure to industry experts and IIMCAA mentors. The program invites the most reputed IIM alumni from across the world to assist the finalists and support the startup ecosystem.

Speaking about the upcoming event, Mr. Subrat Pani, Co-Founder of OneAssist & Member IIMCAA-MUMBAI & Lead Organizer for Clarion Call 5.0 said that the key aim of Clarion Call 5.0, is to keep the alumni of IIMC connected and explore the innovative business ideas worked upon in our country.

Looking for early stage funding to take your Start-up to the next level? Your call has been answered, visit https://t.co/BQV57cLzlE to register now.
Visit https://t.co/IhC736OFaz for further deets. #StartupFunding65Crores @clarion__call pic.twitter.com/kjviODmfLX
— Haricharan Pudipeddi (@pudiharicharan) May 12, 2022

The intention is to contribute to the ecosystem by providing support and acceleration for these incredible ideas to flourish and thereby get ready for their next steps in the market. This is the 5th edition of Clarion Call, and the institute is looking forward to many more favorable startups getting their well-deserved funding, he said.

Commenting on the same, Shri Ashish Chauhan, MD & CEO of Bombay Stock Exchange & Honorary President of IIMCAA-Mumbai, said that with the Clarion Call, the institute aims to bring together complementary knowledge, experience, and networks to accelerate entrepreneurs.

Further, he added that with the forum continuing to grow in success and start-ups funded, the buzz around the event is also increasing and it's a great initiative for the IIMC alumni to be connected and to keep contributing to the ecosystem.

He concluded by saying that institute authorities are looking forward to a successful Clarion Call 5.0.

Interested candidates can register for the admission to the upcoming event till May 20, by clicking on the direct link. The announcement of the winner's will be on June 18, 2022.

Direct Link: Register for Clarion Call 5.0

Being a close-knit commuting across the course batches, the IIM Calcutta Alumni Association Mumbai (IIMCAA Mumbai) has been at the forefront of bringing the power of the IIM Calcutta Alumni network together to impact the start-up ecosystem in India via the Clarion Call event.

United by their campus allegiance, and having tasted multiple achievements, the IIMC Alumni network has been putting together Clarion Call over the years as their way of ‘Paying It Forward’ to assist startups in their efforts in navigating the complicated landscape.

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