In a historic initiative for India's entrepreneurial ecosystem, IQue Ventures has announced the inauguration of Startup Park, India's first entrepreneurial infrastructure park. The ambitious initiative involves a Rs.600 crore investment outlay, with the first facility costing Rs.50 crore opening its doors in Bengaluru by mid-September. The inaugural event is expected to be graced by senior ministers, top entrepreneurs, and venture capitalists.
Trusted as a place beyond a shared working space, Startup Park is built as a full-fledged entrepreneurial ecosystem, with startups gaining the essential infrastructure, investor exposure, mentorship, and global collaboration. Amenities would range from podcast and media rooms to event spaces, global collaboration spaces, and networking areas, all part of one hub.
Key Highlights:
- IQue Ventures launches Rs.600 crore Startup Park, India’s first entrepreneurial infrastructure hub, with the inaugural facility opening in Bengaluru this September
- The project offers startups end-to-end support from infrastructure and mentorship to global collaboration aiming to transform India’s startup ecosystem and financing landscape
"Startup Park will be a massive addition to India's startup ecosystem. All that founders need, from their initial pitch to the expansion of their worldwide growth, will be in one place. We want to replicate this model in India as well as internationally to create a global network of interconnected hubs." stated Shafi Shoukath, IQue Ventures Founder and CEO.
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The initiative is an investment of money not just in India's startup ecosystem but also in creating a scalable model of infrastructure that can be scaled up to other cities and geographies. For investors, the program marks a streamlined approach to early-stage funding, enhancing efficiency and breaking down barriers for new companies.
With its Rs.600 crore scale and integrated ecosystem, Startup Park is expected to reshape India's startup financing landscape and spur access to global markets.