Visakhapatnam: Out of the 100 odd startups in Visakhapatnam, 20 are being supported by just one investor-mentor. GOVIN Holdings PTE Ltd is a one of a kind startup angel investor, which provides startups with the initial financing, mentorship and go-to-market platforms.A Singapore-based firm, GOVIN, which has invested in 85 start-ups across the country, is confident that the startup scenario in the country, especially in AP, is heading in the right direction.Speaking to TOI, managing director, Anand Govindaluri, a resident of Singapore and a native of Vizag, spoke about the progress being made in technology entrepreneurship, especially in Visakhapatnam. “The future is in Fintech, Healthcare and Edutech. The eco-system created here will provide the right platform for tech companies to invest in these three areas.”With regard to the number of startups they are nurturing in Vizag, Anand said, “ We are basically a Venture-Accellorator and our aim is to enable startups to graduate. This is why we not only provide them with the requisite capital investment but also mentor them, with the help of our experts in management, finance and marketing to enable them to sell their product.” Govindaluri also urged the government to provide business to the start-ups. “In India, the government is the biggest business provider, this is where instead of encouraging established MNCs, the government can also provide space for startups to flourish. This could really help startups, especially in areas such education and healthcare.”Speaking on their own plans for further innovation, Govindaluri pointed out that they had recently signed an MoU with NTUitive, the innovation and enterprise company of the Nanyang Technological University, Singapore. “Our focus will be on healthcare, and I must say, this is a huge shot in the arm for us and the start-up scenario in Vizag.

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