IQue Ventures has announced the launch of ‘Startup Park‘, a Rs 600 crore initiative dedicated to supporting startups. The first phase, a Rs 50 crore facility in Bengaluru, is set to open on September 15.
This project aims to tackle the challenges faced by early- and growth-stage startups in accessing infrastructure, funding, mentorship, and collaborative networks.
The project plans to support over 200 startups and create more than 10,000 jobs within six quarters.
Startup Park will bring together a range of services and spaces for emerging businesses. This includes pitch studios for investor presentations, labs for research and prototyping, co-working areas, and mentorship programmes.
“Startup Park is going to be a massive improvement in India’s startup ecosystem,” said Shafi Shoukath, founder and CEO of IQue Ventures. “From their first pitch to global expansion, everything founders need will be available under one roof. Our goal is to replicate this model across India and beyond, creating a connected network of startup hubs worldwide.”