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Baanhem Ventures raises Rs 3.3 Cr from Mudhal Partners

Entrackr · 1m

Baanhem Ventures, the makers of Startup Thamizha, has raised fresh funding of Rs 3.3 crore from tech leader Mr. Kumar Vembu through his newly established investment firm Mudhal Partners. Founded earlier this year by Hemachandran L. and Balachandar R., Baanhem Ventures aims to identify, build, and help first-generation native entrepreneurs from Tamil Nadu as next-gen innovators and job creators with a strong sense of purpose. The company’s flagship business reality TV show Startup Thamizha, has already secured a commitment of over Rs 200 crore investment for startups for 3 seasons from various industry leaders. The show aims to showcase a stellar line-up of first-generation entrepreneurs at seed and growth stages, exclusively from Tamil Nadu. It will also act as a catalyst to promote a shift in the mindset of HNIs to invest in startups, encouraging first-generation entrepreneurs. The program, which is set to be aired on a GEC channel, will identify promising entrepreneurs and startups, providing the necessary financial support along with mentorship to further strengthen the successful entrepreneurial heritage of the state.