Fox Mandal have started a Digital tech incubation center in Bangalore to help entrepreneurs develop their ideas in a systematic manner. The name of the incubation center is ORYGIN, which means Origin is the starting point with a Y in it aiming to help Generation Y develop their ideas properly. Mr. Shuva Mandal, Managing Partner of Fox Mandal & Associates and Trustee of the Fox Mandal Foundation said, โWe have been extensively involved in advising start-ups โ 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.โ He further added, โWe felt that the gap could be bridged by providing start-ups and their founders with mentorship and guidance, hence ORYGINโ. The incubation center is not only a high tech center with an array of features from meeting rooms to pantry but also has the facility of connecting entrepreneurs with perspective investors.
