We often hear VCs saying location doesn't matter for startups. But if that's true, why don't we see more VC firms based in states like Madhya Pradesh?
How many venture capital firms can you name in Bihar, Chhattisgarh, or Jharkhand?
The numbers are disappointingly low and this disparity creates a significant disconnect.
While we preach that great ideas can come from anywhere, the capital and networks essential to nurture these ideas remain overwhelmingly concentrated in a few metro cities.
But things are changing and I recently witnessed this firsthand at an exceptional event in Gwalior organized by Fluid Ventures.
It brought together some of the most innovative thinkers and leaders in India's startup community, all under one roof.
The event was not just another startup gathering. It’s a reminder that innovation isn't limited to big cities. It's happening right here in smaller towns as well.
Experiencing this in my hometown hits me very differently.
It's one thing to read about change, but to experience it is entirely different. And I'm grateful I could contribute as a speaker, host, founder, and even gifting partner through Amrutam .
A huge thanks to the support and encouragement of Shmt. Priyadarshini Raje Scindia at the Gwalior Palace. It wouldn’t have come to life without your vision to make Gwalior grow and prosper.
A special thank you to Amit Singal and Rakhee Singal for spearheading this initiative in our city. For thinking about start-up ecosystems and building them in Tier 2 cities.
Let’s continue to work towards a more inclusive startup ecosystem across all of India.
How many venture capital firms can you name in Bihar, Chhattisgarh, or Jharkhand?
The numbers are disappointingly low and this disparity creates a significant disconnect.
While we preach that great ideas can come from anywhere, the capital and networks essential to nurture these ideas remain overwhelmingly concentrated in a few metro cities.
But things are changing and I recently witnessed this firsthand at an exceptional event in Gwalior organized by Fluid Ventures.
It brought together some of the most innovative thinkers and leaders in India's startup community, all under one roof.
The event was not just another startup gathering. It’s a reminder that innovation isn't limited to big cities. It's happening right here in smaller towns as well.
Experiencing this in my hometown hits me very differently.
It's one thing to read about change, but to experience it is entirely different. And I'm grateful I could contribute as a speaker, host, founder, and even gifting partner through Amrutam .
A huge thanks to the support and encouragement of Shmt. Priyadarshini Raje Scindia at the Gwalior Palace. It wouldn’t have come to life without your vision to make Gwalior grow and prosper.
A special thank you to Amit Singal and Rakhee Singal for spearheading this initiative in our city. For thinking about start-up ecosystems and building them in Tier 2 cities.
Let’s continue to work towards a more inclusive startup ecosystem across all of India.
The eChai Effect - In Their Words
"If there’s one phrase that sums up my journey, it’s truly ‘The eChai Effect.’ Six years ago, I simply walked into my first eChai event, not knowing what to expect. The honest conversations, energy, and inspiration from founders and entrepreneurs struck a chord within me. That eChai spark became the catalyst for everything to follow. I proudly say: my entrepreneurship journey started—and keeps evolving—because of eChai. Redicine Medsol’s story is integrally linked to this community. I’ve gained so much, not just as a founder but as a forever volunteer and grateful member of the eChai family. With all my heart, thank you Jatin Bhai and everyone at eChai for shaping, guiding, and supporting my dreams. The eChai Effect will always be a part of my story."
Kush Prajapati
Founder, Redicine Medsol
"I attended my first eChai event 3 yrs back, and no one knew me in the market. Over the next three years, eChai didn’t only help me with knowledge or networking, but it gave me an identity from being unknown to now being recognized by a group of inspirational entrepreneurs connected with eChai, who have been gracious enough to acknowledge me and Digipple."
Viraj Rajani
Co-Founder, Digipple
"After moving back from the USA, eChai became my go-to space to learn how the Indian startup ecosystem works. It offered direct exposure to startup thinking and a community that openly shares business insights. What stood out was how easy it was to connect, learn, and grow through real conversations. As we built our IT hardware rentals business, eChai helped us find our niche and refine our path. Proud and grateful to be part of this amazing community."
Heet Sheth
Growth and Tech, Sheth Info
eChai Partner Brands
eChai Ventures partners with select brands as their growth partner - working together to explore new ideas, open doors, and build momentum across the startup ecosystem.
