Enjin Experiences Selected by Global Incubation Services for Rs 10 Lacs Grant

by  EVENTFAQS Bureau Industry Watch | February 28, 2022 | Promo Feature

Enjin Experiences

Enjin Experiences has been selected for a grant disbursal of Rs 10 lacs in its seed fund round by Indian Incubator – Global Incubation Services (Ginserv) under the Central SISFS scheme set up to help promising Indian startups raise risk capital.

Enjin Experiences CEO, Vijay R Cavale said, “Enjin Experiences remains deeply grateful and humbled to be one of the very few selected grantees by such a leading tech-enabled incubator of the stature of Ginserv. This is also a fantastic endorsement to our project objectives and roadmap. With the mentorship of Anand Padmanabhan and the Ginserv team, we are confident of being able to implement our go-to-market strategies as well as scale-up metrics.   

The company has a series of technology-enabled, data analytics-powered, internet native products that will initially facilitate the safe holding of large-scale physical events from a covid perspective. Looking beyond 2022, these tools can be easily repurposed to aid in other relevant safe entry metrics in the post-pandemic world. 

The SPV has so far raised Rs. 10 lacs from EVENTFAQS Media and Srishti Media and Investments. Aside from the monetary component, EVENTFAQS Media and Custom Technologies Design have equity in lieu of their respective core competencies.