Biography of young entrepreneurs association india
Young Entrepreneurs Association launches Rs 50 Cr fund for Indian startups
April 29, 2024 | Monday | News
Initiative aims to empower nascent startups, building on YEA’s commitment to upscaling and mentoring the young entrepreneurs
The Young Entrepreneurs Association (YEA) and Magnifiq Capital Trust partnered with Dr A Velumani to invest upto Rs 50 crore in Indian startups, handpicked and mentored by the latter.
Dr Velumani, creator of Thyrocare, as jury and investor in StartUp Tamizha, brings his vast experience and expertise as he plans to select, invest and guide the young companies with a potential to scale.
The announcement was made at YEA’S Annual General Meeting held on April 27 in Hyderabad, and reflects the organisation's ongoing effort to drive advancements in the startup ecosystem.
Seed-stage companies innovating in these fields are encouraged to apply. The application process involves a detailed proposal submission, where the applicants will undergo a thorough review, ensuring a fair and insightful selection process for prospective recipients.
YEA's history includes impactful investments in unlisted IPO shares in startups like Bira and Boat, and the association continues to provide one-on-one mentorship from YEA's members, many of whom are first and second-generation entrepreneurs. These mentors come from a plethora of industries, ensuring startups receive a wealth of knowledge and tailored advice.
Founded in 2012, YEA is an influential part of Hyderabad’s business scene, drawing members aged 25 to 45. The organization holds monthly meetings with around 85 entrepreneurs, emphasising a commitment to family-oriented business values. Members range from first to fourth generation entrepreneurs, contributing to a legacy of innovation and tradition.
New Board Members for Young Entrepreneurs Association (YEA)
Completing a decade in Hyderabad, The Young Entrepreneurs Association (YEA) is one of its kinds and is known for its unique approach! Bursting with unparalleled experience, fresh perspectives, and an unwavering commitment to empowering young professionals, this remarkable team is set to revolutionize the world of entrepreneurship.
Since the inception in 2012, YEA has been a force to be reckoned with. YEA is a dynamic group of forward-thinking, action-oriented visionaries who are the true torchbearers of the Hyderabad business community. And now, with our youngest members aged between 25 and 45, we are injecting new energy and invincibility into our ranks. Approximately 70 entrepreneurs from different fields come together and meet every month to exchange ideas, which are centered on whole & family oriented businesses.
So, without further ado, allow us to introduce the titans who will lead the charge in 2023-24: Mr. Subhakar Alapati, the unstoppable President of YEA, Mr. Satyajit Reddy, the trailblazing General Secretary, Mr. Yeshwanth Nag, the magnetic Membership Chair, Mr. Aman Chainani, the visionary Event Chair, Mr. RC Rahul, the creative powerhouse as the Creative Chair, Mr. Ashish Kapoor, the mastermind behind unforgettable events as the Event Chair, and last but not least, Mr. Chetan Agarwal, the financial maestro as the Finance Chair. This star-studded lineup brings together a wealth of successful startup launches and unparalleled business acumen of family businesses, ensuring YEA’s growth plans reach stratospheric heights.
President Mr. Subhakar Alapati, Founder Director of Global Tree exclaims, “This is a monumental moment for Young Entrepreneurs Association! The future has never looked brighter as we soar to new heights, expand our horizons, and leave an indelible mark on the entrepreneurial landscape. As we embrace our new board members, we are not only celebrating a decad Build relationships with nearly 20,000 peers across more than 220 chapters in 61 countries. Have the conversations you can’t have anywhere else about what’s really going on in your life and your business and make the connections that unlock next level growth. Learn More Access world-class education, renowned visionaries, and events tailored for established entrepreneurs. Learn from peers who are going through what you are and from the experts who have been there and done that. Learn More Your business will grow as fast as you can level up. Advance your leadership skills, develop your mindset and scale your business through peer support and expert guidance. Learn More I’ve been there—the late nights, the doubts, the grind. But being part of EO has been a game-changer. It’s not just about networking. It’s about real growth, learning, and thriving alongside like-minded entrepreneurs. Through workshops, inspiring events, and a global network of peers, EO helps us push boundaries, innovate, and elevate our businesses. Craig Wasilchak,EO Fort Worth Being a member of this global EO community is such a special gift! We come from every industry, every culture, every age group, and every corner of the world, and yet we’re all entrepreneurs. It’s this mix of diverse perspectives and shared passions that makes EO membership so enriching and magical. Abeer Qumsieh, EO Jordan It is said, 'it's lonely at the top' and EO provided a platform where vulnerability met experience. Through forums and collective learning, I found a structured space to address challenges, gaining insights crucial for personal and business growth. Vipul Jain, EO Gurgaon Being a member of this global EO community is such a special gift! We come from every Since 1992. TiE has been supporting entrepreneurs by offering education, mentorship, networking and funding opportunities. The mission of TiE is to foster entrepreneurship globally through the 5 pillars of TiE : mentoring, networking and education, funding and incubation. Dedicated to the virtuous cycle of wealth creation and giving back to the community. TiE’s focus area is to generate enable the next generation of entrepreneurs. TiE Global is the largest non-profit organization and has amazing networking effect. TiE connects the entire entrepreneurship ecosystem from early stage entrepreneurs, serial entrepreneurs, professionals at leading corporations, venture capital, angel investors, thought leaders among others. The organization emphasizes the spirit of giving in all aspects of their work. There are currently 12,000+ members (including over 3500+ charter members or mentors) in 60 chapters across 12 countries. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs. The foremost and most widely known event that TiE hosts is TiEcon, which is the largest professional and networking conference for entrepreneurs. TiE also hosts a wide range of programs events catering to various industry verticals, educational events hosted by TiE Institute, TiE Young Entrepreneurs (TYE) program to foster entrepreneurship in our youth, and TiE Women’s Forum for empowering women entrepreneurs. Besides its flagship event, TiECon – the largest professional conference for entrepreneurs, TiE now has a wide range of programs including Special Interest Groups (SIGs), TiE Institute, Deal Flow Meetings, TiE Young Entrepreneurs, and, most recently, TiE Women’s Forum and CEO Forum.Entrepreneurs' Organization Find your place among the world’s leaders
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