Fox Mandal Launches Incubation Centre in Bangalore
Leading Law Firm, Fox Mandal has launched its Digital tech and start-up incubation centre “Orygin” in Bangalore. The centre which aimed at nurturing and providing crucial handholding support to start-ups, Orygin offers an expert mentor panel (comprising Legal & Tax experts, Business Leaders, Entrepreneurs, Investors and I-Bankers among others).The members of the panel will provide required guidance, mentorship and training to the start-ups at Orygin.
The centre not only offers modern workspaces with meeting rooms, high-speed internet connectivity, un-interrupted power and pantry facilities but also facilitate the process of connecting its start-ups with potential investors and customers.
Speaking on the occasion, Mr. Shuva Mandal, Managing Partner of Fox Mandal & Associates and Trustee of the Fox Mandal Foundation said, “We have been extensively involved in advising start-ups – both formally and informally. We have often found that in their early days, entrepreneurs tend to be highly focused on the underlying technology and on identifying potential investors and often ignore crucial points on legal and commercial aspects of their ventures. At a later date, this creates serious issues that can cripple funding and growth.” He further added, “We felt that the gap could be bridged by providing start-ups and their founders with mentorship and guidance, hence Orygin”.
Mr. Santosh Vikram Singh, Partner and Head of the IP & Sports Law practice at Fox Mandal & Associates explaining the genesis behind the name “Orygin” said that “the name derived from the word “Origin”, meaning beginning, with a “Y” representing Gen Y – the prime movers behind India’s start-up revolution”.“WE hope many great ideas originate and come to life here”.