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GUSEC
investment firm
About
Empowering, nurturing and supporting startups, entrepreneurs and innovators
- Ahmedabad,Gujarat,India
- https://gusec.edu.in/
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- ₹100M
- Industries
- Blockchain,Hardware,Incubators,Information Technology
- Founded date
- Feb 26, 2016
- Operating Status
- Active
- Legal Name
- Gujarat University Startup and Entrepreneurship Council
- Investor Type
- Co-Working Space,Entrepreneur Program,University Program
Gujarat University Startup and Entrepreneurship Council (GUSEC) is a non-profit, autonomous and independent company promoted by Gujarat University to support student startups, student entrepreneurship, and student innovation. GUSEC offers direct support to startups, entrepreneurs and innovators in form of physical infrastructure i.e. working space, labs, etc.; mentorship, guidance, capital and investment facilitation, government funding and innovation transfer. GUSEC is the only zero-cost, zero-day startup support system in Gujarat (and perhaps India) where an innovator/entrepreneur could walk in with an idea on day zero and get no-cost, equity-free support.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
₹100M
GUSEC has raised a total of
₹100M
in funding over 2 rounds. Their latest funding was raised on
Oct 2, 2020 from a Grant round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Oct 2, 2020 | Grant | ₹100M | 1 |
National Science & Technology Entrepreneurship Development Board
|
— | Detail |
Funds Raised
| Announced Date | Fund Name | Money Raised | |
|---|---|---|---|
| Sep 12, 2018 | Technology Business Incubator by Government of India | ₹139.50M | |
| Nov 15, 2017 | SSIP by Government of Gujarat | ₹50M | |
| Feb 2, 2016 | Gujarat University Seed Fund | ₹9M | |
| Atal Incubation Centre by NITI Aayog | ₹90M |
Investors
Number of Lead Investors
Number of Investors
1
1
GUSEC is funded by 1 investors.
National Science & Technology Entrepreneurship Development Board
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
National Science & Technology Entrepreneurship Development Board
|
Yes | Grant |
Employee Profiles
Number of Employee Profiles
1
GUSEC has 1 current employee profiles, including
Executive Rahul Bhagchandani
Executive
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