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Bengal needs accelerators to give fillip to start-up: Experts

Kolkata, Jan 12 (PTI) West Bengal needs early stage investors and accelerators to provide a big fillip to the start-up culture in the state, according to experts and leading venture capitalists.

They feel the start-up eco-system in West Bengal was yet to gather steam when compared to other cities like Bangalore, Pune, Mumbai and others.

In a seminar organised by Brandshoots Ventures here today, Ajay Lakhotia, partner of Fosun Capital, said although there were angel investors here, the state lacked end-to-end start-up eco-system.

Fosun Capital has a fund of USD 850 million India Fund dedicated to start-ups.

Girish Shivani, executive director and fund manager of Your Nest, said that the start-up culture has not been developed in the state so far. PTI DC RG

Disclaimer: This story has not been edited by BW staff and is auto-generated from a syndicated feed.

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