Baanhem Ventures has Secured Rs 3.3 crore Fresh in Funding

Tech giant Mr. Kumar Vembu has contributed Rs 3.3 crore in new funding to Startup Thamizha's creators, Baanhem Ventures, through his recently founded investment company Mudhal Partners.

Baanhem Ventures, which was established earlier this year by Hemachandran L. and Balachandar R., seeks to find, develop, and support first-generation native entrepreneurs from Tamil Nadu that have a strong sense of purpose and are next-generation innovators and job creators.

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Several business titans have already committed to investing more than Rs 200 crore for startups over the course of three seasons in the company's main business reality TV program, Startp Thamizha.

Only first-generation entrepreneurs from Tamil Nadu at the seed and development phases will be featured on the show. Additionally, it will serve as a catalyst to encourage first-generation entrepreneurs and a change in the way HNIs think about investing in businesses.

The program which will run on a GEC channel will recognize promising firms and entrepreneurs and offer the required financial assistance and coaching to further enhance the state's outstanding entrepreneurial legacy.

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