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New Delhi based early-stage Venture Capital firm, Eximius Ventures has announced the launch of its first cohort of the Student Venture Partner program, an initiative designed to empower undergraduate Indian students to participate in deal sourcing and support upcoming startups from their campuses.
“Through this program, Eximius Ventures aims to not only accelerate the success of nascent-stage student-led startups but also groom the Student Venture Partners to become a part of the VC ecosystem,” the statement said.
Speaking on the launch, Pearl Agarwal, Founder & Managing Director of Eximius Venture said, “As the startup ecosystem in India matures, we will see an increasing number of entrepreneurs emerging from colleges. Through Eximius Ventures, we want to develop an ecosystem to help nurture them with the right network and capital.”
The one-year program will allocate up to $500,000 to Student Venture Partners for investing in startups from their network. It will also enable each of them to present deals to Eximius’ internal committee (IC) and gain hands-on experience of working at a VC.
The program has selected three students: Aryan Mittal from IIT Delhi, Bhargav Chaudhari from IIT Bombay, and Parth Goel from IIT Kharagpur, and is scheduled to start in December 2021.
“In addition to this, the program will also present the opportunity for Student Venture Partners to build meaningful relations with industry players,” the statement said.