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KAN facilitates seed funding for Wild Floc Adventures through IIT Ropar

12:35 AM Feb 23, 2024 IST | GK NEWS SERVICE
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Srinagar, Feb 22:  In a groundbreaking development for the entrepreneurial ecosystem in Jammu and Kashmir, the Kashmir Angel Network (KAN) is thrilled to announce the infusion of an undisclosed amount in seed funding from IIT Ropar into Wildfloc Adventures, one of the startups nurtured within its network. This investment, facilitated through collaboration with the Wadhwani Foundation, stands as a significant milestone not only for Wildfloc Adventures but also as a testament to the immense potential and innovative spirit present in the Kashmir region as a whole.

The journey of Wildfloc Adventures through the entrepreneurship training programme propelled by KAN and Wadhwani Foundation showcased the immense potential of the startup. Through rigorous training and mentorship, Wildfloc Adventures emerged as a standout venture, attracting the attention of prestigious institutions like IIT Ropar.

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Wildfloc Adventures, an innovative startup specializing in offbeat trekking and camping adventure activities, has secured an undisclosed amount in seed funding from the Indian Institute of Technology Ropar (IIT Ropar). This investment marks a significant milestone in its mission to offer end-to-end and customized services to tourists, pioneering a unique approach to exploring the great outdoors.

Founded by Hummayoun Dhar and Faseeh Khan, who left their corporate jobs in Bangalore to pursue their passion for adventure and entrepreneurship, Wildfloc Adventures aims to redefine the adventure travel industry.

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With the fresh capital, Wildfloc Adventures plans to accelerate its marketing efforts and further develop its technology services, including an innovative AI model designed to help travelers find local services effortlessly. The investment will also support the expansion of the Wildfloc team, enabling the company to scale its operations and enhance its offerings.

“Kashmir Angel Network (KAN) contributed in providing a platform and industry connect. The institution is playing a crucial role in enriching the startup ecosystem in Kashmir.This collaboration with KAN is not only a testament to our innovative approach but also shines a spotlight on Kashmir’s burgeoning startup culture,”the founders added.

As a cornerstone of the regional entrepreneurial landscape, KAN has tirelessly strived to create a conducive environment for startups to thrive, providing strategic mentorship, access to capital, and fostering valuable connections within the ecosystem.

It aims to empower aspiring entrepreneurs and transform groundbreaking ideas into successful ventures. The remarkable achievement of Wildfloc Adventures is a testament to the unwavering dedication and impactful initiatives spearheaded by KAN.

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