VentureFund.com today launched a global online platform for great ideas and start up communities connecting entrepreneurs to investors. The founding team members include Lord Alli, Co Founder & Chairman of www.asos.com; Ashok Kurien, Founder and Board Director of Zee TV, Sun TV and Playwin and Rajan Anandan one of India’s most active angel investor.
Speaking with the press, Paul Shoker, Vice-Chairman, VentureFund.Com, said, “VentureFund.com’s primary objective is to educate, mentor and help fund high quality start-ups by connecting entrepreneurs of early stage start-ups to qualified investors from around the world. VentureFund.com has over $100m already committed by angel investors around the world who are keen to invest in breakthrough start-ups.”
VentureFund.com has been set up by global entrepreneurs who have built successful and scalable businesses across many industries ranging from internet and mobile to healthcare and retail and now wish to help the community to grow and mentor entrepreneurs.
“With over 100m business start-ups every year world-wide and most of them looking for mentoring and funding, the market is very fragmented. We wanted to create a platform for both entrepreneurs and investors. Qualified deal flow is essential for any investor and for that to happen we have to help to educate and mentor the best ideas and start-ups”, commented Ashok Kurien, Founder VentureFund.com.
He further added, “The response we have had from entrepreneurs and investors clearly demonstrates that we are building upon a need to help the start-up community to get their ideas off ground and succeed.”
Venturefund.com is an online platform that provides several interesting features that can help start-ups such as creating a quality investor proposal on-line, a mentoring service and quality investors’ inquiries. Similarly the platform also provides significant value to investors such as qualified deal flow and the ability to co invest with other investors if required.
The company brings together the entrepreneurs with the investors who are looking to invest in various ventures across industries and sectors. The company received over 25 business plans within an hour of the launch.