Thu, Oct 27, 2016 | updated 04:19 PM IST

Webfosys, Shore International to organize Bangalore Start-up fundraising pitch

Updated: Sep 16, 2016 17:48 IST

New Delhi [India], Sep 16 (ANI): Webfosys Networks, a global digital marketing service provider, headquartered in Bangalore, which has been working closely with startup community, is now working with Kuwait-based angel investment firm, Shore International, to organize an exclusive start-up fundraising event in Bangalore.

This important and exclusive start-up fundraise pitching event will provide an opportunity for Indian startups to come and pitch to investors from Middle East and North Africa (MENA) region, and not just raise funds, but also achieve an important feat of gaining global recognition, and exploring business opportunities outside Indian markets.

"At Webfosys Networks, we work closely with investors to extend funding support to startups while developing different frameworks for startup success. With this event, startup founders can easily pitch to investors and achieve their long-run business goals," said MD Webfosys Group, Om Thoke.

"We are delighted to announce this event with Shore International which is going to be a valuable platform for Indian entrepreneurs," added Thoke.

"Shore International takes a hands-on approach with startup investments. We are looking to bring two to three promising startups from India into MENA region initially, by not just investing money, but also helping the founders sail through the journey, and reach the shore of success. We have highly dedicated team of experts who specialize in building and scaling up million dollar business within a short span of time," said Founder and CEO Shore International, Fahad Al Roomi.

" Shore International has been working with startups in MENA region, and this time we are excited to join hands with dynamic Indian entrepreneurs to help them set up their business in Kuwait and MENA Region and we'd be looking at investment ticket size of USD 50,000 to USD 500,000, and then of course during the next year we'd be considering bigger investments," added Fahad. (ANI)