TruGrowth and CII organises Venture Pathways on Growth Capital and Strategic Exits

Chandigarh, September 27, 2024: To meet the needs of emerging and established businesses in the region, TruGrowth, a tricity-based business consulting firm, partnered with CII Chandigarh organised a conference ‘Venture Pathways on Growth Capital and Strategic Exits’ at the CII Northern Region Headquarters in Chandigarh.

The event brought together a wide array of business professionals from Punjab, Haryana, Tricity, and Himachal Pradesh to listen to informative and engaging speakers from Mumbai, Delhi, and the region. Attendees were captivated by insightful presentations that sparked meaningful discussions on important industry trends.

Notably, it was a first-of-its-kind curated event that brought together business owners, investors, merchant bankers, and service providers (technology, insurance, and legal) to share experiences, best practices, and a possible growth roadmap for these companies, aligning with the country’s growth.

Anurag Gupta, Chairman of CII Chandigarh and MD of Usha Yarns Ltd, highlighted the importance of the conference topic and thanked the TruGrowth team for organising the event with CII.

Sandeep Sehgal and Nirbhay Gargya, partners at TruGrowth, stated that they conducted this conference to raise awareness about the availability of growth capital, the importance of business exit strategies through IPOs and mergers and acquisitions, and the role of core infrastructure such as sales engines, technology, and insurance.

Addressing the conference, Upkar Singh, CMD of New Swan Industries, Ludhiana, spoke about how an IPO fueled his company’s growth both in India and overseas. Supreet Singh from SBI Gen Insurance provided insights on various insurance offerings that are crucial in today's complex business environment to ensure Sampuran Suraksha during the company’s growth.

Other speakers at the conference included Nikun Mittal from NNM, Mumbai, and Vaibhav Nigam from Blacksoil Fund, Mumbai, who shared their insights. Ashok Mehta of Emmforce Automotive discussed his experiences on his IPO journey earlier this year, while Sundar Raman from Wipro Pari shared the importance and roadmap of digitisation for manufacturing industries.

Meanwhile, Ajay from Wimera elaborated on how they are assisting manufacturers in integrating cutting-edge IoT and AI technologies to enhance efficiency and boost productivity. Together, these speakers provided a comprehensive overview of the transformative trends shaping the future of manufacturing.

The event was attended by Gurmeet Singh Kular, President, FICO, Ludhiana, leading Chartered Accounts, CA. Sanjay Arora, CA. Neelkant, CEO IM Punjab, Somveer Anand. Other dignitaries - CEO IM Punjab, Somveer Anand. Gurmeet Singh Kular, President, FICO, Ludhiana, Dilpreet Boparai and Dr. KS Boparai, Industrialists from Mohali and leading Chartered Accountants of the region CA. Sanjay Arora, CA. Neelkant were present at the conference.