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.

The eChai Effect - In Their Words

“I have no hesitation in saying that my association with eChai has been a gateway into the startup ecosystem. Through this platform, I’ve had the opportunity to connect with many young and dynamic entrepreneurs. These interactions have been immensely enriching - I’ve learned a great deal and have always tried to offer guidance whenever approached. It’s a truly symbiotic relationship that I deeply value, and it wouldn’t have been possible without eChai.”
Syed Nadeem Jafri - Founder, Hearty Mart
Syed Nadeem Jafri
Founder, Hearty Mart
"The eChai platform has been super valuable for me - it has helped me gain a deeper understanding of domains in the startup and tech ecosystem. What stands out most is the celebration of knowledge, professional growth, and entrepreneurship - it’s one of the best for the Indian ecosystem. Along the way, I’ve also been fortunate to make some great friendships and connections too."
Shalin (Shawn) Parikh - Founder, MyCPE One
Shalin (Shawn) Parikh
Founder, MyCPE One
“eChai has been that turning point in my journey. It gave me a platform when I wasn’t looking for visibility but needed direction. Over the years, it became more than just a network. It became my tribe; a place where conversations sparked collaborations, and strangers became trusted sounding boards. What I value most is how effortlessly eChai brings people together - no airs, no filters, just genuine people with shared dreams. I owe a lot to this community and to Jatin, whose consistency and belief in people have shaped journeys like mine. Forever grateful to be part of something so real.”
Rushabh Shah - Managing Partner - STIR Advisors
Rushabh Shah
Managing Partner - STIR Advisors

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.