Start-up accelerator “The Hatch” announces Prajakt Raut as Executive Director

The Hatch, a start-up accelerator and business incubator, has announced Prajakt Raut, as a member of its founding team, to lead the operations as Executive Director.

In his new role as the Executive Director, Prajakt will drive programs to make “The Hatch” India’s largest platform and support centre for start-ups. Prajakt will also be a mentor to early-stage companies on strategy, business model & monetization and fund raising.

Former Asia Director of TiE (The Indus Entrepreneurs) and mentor, Prajakt is a veteran of the early-stage entrepreneurship eco-system. At TiE, he helped entrepreneurs in India connect with emerging early stage investor community. Before joining TiE, Prajakt co-founded Orange Cross – a healthcare service management company. He was part of the founding team of a CRM solutions company and has over a decade of experience as advertising & marketing professional.

Delighted over Prajakt’s inclusion, Puneet Vatsayan, Chairman & Co-Founder, The Hatch said “Prajakt brings unparalleled experience in entrepreneurial skill development. He has an eye to spot talent and understands the nuance of start-ups. Prajakt’s deep understanding of entrepreneurial ecosystem will boost the ethos of The Hatch.”

The Hatch, consists of founders, angel investors and mentors to over 500 ventures in India, the US and Europe. Under its incubation program, it will help in incubating over 1000 entrepreneurs over the next 5 years and has created a mentor panel comprising of over 50 accomplished & experienced entrepreneurs, investors and senior professionals.

Iamwire Byte:

Entrepreneurial trend is a powerful phenomenon emerging in Indian Digital landscape and the emergence of start-up accelerator and incubator initiative by The Hatch will definitely shape and mentor budding entrepreneurs and internet businesses under the professional leadership of Prajakt Raut. Prajakt is also a speaker at Internet Retail Expo 2012, where he will be sharing his experience about creating real business in Digital Retail in Indian context.