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Bay Street Diary, Canada’s startup accelerator and company behind the engaging entrepreneurial videos and podcast for young Canadian business owners, is pleased to announce it is launching a US$100 million fund to foster, promote and advance business startups and entrepreneurship in Canada and India.
The Indo-Canada Partnership Fund comes in collaboration with a strategic joint venture between Bay Street Diary and India Network to promote entrepreneurship worldwide and provide entrepreneurs with a valuable bridge across Canada and India.
“We want to celebrate entrepreneurship across the globe,” says Suneet Oberoi, Co-founder of Bay Street Diary. “We understand what it takes to come out of your comfort zone and prove yourself in the market. Success or failure does not matter. What matters is the approach and dedication in your journey, turning all odds in your favour. We are extremely proud to extend our resources and support to entrepreneurs who have a focused approach towards their goals.”
Bay Street Diary will invest broadly in entrepreneurs across all business stages and sectors by providing access to strategic guidance, growth capital, lucrative partnerships, and advisory from a robust network of business leaders from across the globe. The company has also invested in Kocean Edutech Private Limited of India to offer entrepreneurs a platform for skill learning and enhancement opportunities in areas that best align with their business trajectory.
“Together, Suneet and I are optimistic about building this network on the ground in Bharat and Canada at the same time,” says Rahul Narvekar, Founder & CEO, India Network. “I believe both countries can benefit from this partnership and I hope post-pandemic we can take lots of young startup founders to Canada for a learning experience.”
Bay Street Diary’s primary mission is to celebrate entrepreneurship and help entrepreneurs and businesses reach their goals. By combining the deep relationships of its expert team with the vast reach of the India Network, Bay Street Diary will offer entrepreneurs unique access to new and exciting markets and opportunities.
Bay Street Diary has a long history of embracing startups and helping businesses achieve global scale. By partnering with India Network to form a venture capital fund, Bay Street Diary deepens its commitment to create a new ecosystem of resources for entrepreneurs.