50k Network launch in Hyderabad

Hyderabad has been buzzing with immense activity in the startups and investments scene these days. The number of startups is burgeoning rapidly and so are the number of instant funding events happening in the city. These events have also witnessed an increase in the participation of angels and investors from across the country.

Hyderabad based seed fund platform 50K Ventures have recently announced the launch of their investor network, 50K Network. Through the 50K network, they are bringing together HNI individuals, accredited investors, and accomplished mentors onto a common platform  to contribute to the startup ecosystem.

“With the motive of fuelling the growth of the organizations of tomorrow and creating a space for the leaders of the future, 50K Network is collectively working with a lot of HNIs, serial entrepreneurs and mentors to seed, nurture & accelerate early stage companies.” says, Vineel Nalla, Founder, 50K Ventures

The board of 50K Network is filled with an interesting mix of people; CEOs with successful exits , CXOs with immense corporate experience , serial entrepreneurs , investors and more!  The board includes – Phanindra Sama, Co-founder, redBus.in, Sanjay Jesrani, former CFO, Hitachi Consulting Services, Srinivas Kollipara, COO, IIIT-CIE, and other distinguished people like Brijesh Chandwani, Founder, Beam Telecom Private Limited, Venkat Vallabhaneni, Founder, Parampara Capital, Sridhar Pinnapureddy, CEO, CtrlS Datacenters Ltd., and others.

The 50K Network , through their strong and well-knit community of knowledgeable and highly successful HNI individual, hopes to help entrepreneurs build great stories through their mentoring and investment support ( an average bracket of 25 lacs to 1 crore investment).

“Exclusively created to increase opportunities and ignite the sparks of innovation, 50K Network welcomes HNIs, accredited investors to invest and be a part of  India’s growth opportunity. We  have events on every 1st Saturday of the month where we connect startups and investors. Our recent and one of its kind event,  ‘Walk with the investors’ featured 10 investors and 10 startups. We are always on the lookout for great ideas and startups can send in their applications to us.”, says Sanjay Enishetty.

Companies like zify.co and VioletStreet that have recently made headlines are all part of the 50K ventures portfolio.

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