Community Push: Business Conclave To Fund Saraswat Entrepreneurs

Three successful Sarawat businessmen — Ullas K Kamath, former jt managing director of Jyothy Labs (Ujjala) now venture capitalist, Pradeep Pai, managing director, Hangyo Ice Cream and Siddharth Sinkar founder director Global Chamber of Saraswat Entrepreneurs — have joined hands with UK & Co, World Konkani Centre and Global Chamber of Saraswat Entrepreneurs to encourage business ideas from their community. The trio have organized a two-day business conclave at Wonderla Amusement Park & Resort on the outskirts of Bengaluru to meet one-on-one aspiring businessmen from the Saraswat community. The first-of-its-kind Conclave promises to provide instant funds to start-ups. Kamath promises that every bright start-up idea will get a minimum cheque of Rs 5 lakh and the deserving one will get seed capital. The star attraction of the conclave will be the presence of Nandan Nilekani and Mohandas Pai from the Saraswat community to guide, mentor, and fund startups and SMEs. The objective is to promote and encourage young entrepreneurs from the community who will be provoked to become entrepreneurs by choice rather than by default. Well, all attendees will be treated to Hangyo ice cream. The Saraswat Chamber held its first conclave last year in Goa.