The American Telugu Association (ATA), a premier national association established to promote Telugu community in the United States of America, has today organized Business Seminar 2021, in Hyderabad.
This is an initiative to encourage business ideas, mentor young entrepreneurs, provide a platform for venture capitalists, and startup companies. Nearly 100 mentors, venture capitalists, entrepreneurs, and technology experts based in the United States and in India attended the Seminar.
Kashi Kotha, the Business Committee Chair for ATA Vedukalu said: “This Business Seminar agenda was multifold, to Increase networking and interaction between the US-based Telugu entrepreneurs and business owners based in Telangana; mentor and invest in start-up companies in India, especially those based in Telangana; and attract more companies into second tier cities like Khammam, Warangal, Nalgonda, Karimnagar, and Nizamabad.”
Commenting on the seminar, Jayanth Challa, Conference Advisory Committee Chair, American Telugu Association said, “Telugu entrepreneurs are gaining prominence across the United States and around the World! This ATA Business Seminar is an effort to promote US-India partnerships and encourage entrepreneurs to invest in various districts across Telangana State.
ATA has been conducting such seminars in Hyderabad once every two years since 2014, and through these over USD 20 million (more than INR 150 crores) were invested in Indian startups. These Business Seminars encouraged multiple companies to move into second tier cities; and starting of a T-Hub in Khammam town is a big accomplishment made possible by Lax Chepuri ATA Co-Chair for Business.”
In addition to mentoring and potential investment discussions between investors, venture capitalists and entrepreneurs, this “Business Seminar” is also the launch pad for a continuous dialogue between various enterprises planning to move to second tier cities and officials representing the Government of Telangana.
Multiple senior executives from the Government of Telangana took part in the seminar, including Jayesh Ranjan, IT Secretary; Puvvada Ajay Kumar, Transportation Minister; Vijay Rangineni, CEO IT Investments Government of Telangana, and Srikanth, Sinha, CEO Telangana Academy of Skill and Knowledge. Further, multiple incentives are proposed by the Government to companies moving to the second-tier cities. #KhabarLive #hydnews
