Global Kashmiri Business Foundation


GLOBAL KASHMIRI PANDIT BUSINESS FOUNDATION
Jyotsna Fotedar & Ash Raina


GKPBF team with Hon. LG Shri Manoj Sinha

The genesis of Global Kashmiri Pandit Business Foundation (GKPBF) is the vision its founders have for their fellow KP entrepreneurs. The Foundation is a unique platform that provides an opportunity to emerging KP startups and small businesses to receive guidance and support from a pool of profound experts and venture capitalists, and in turn provides such experts and investors with massive human capital as well as a medium of strengthening the KP community.

Global Kashmiri Pandit Business Foundation (‘GKPBF’) was launched virtually on 22 October 2020 by its seven founding directors – DK Bakshi, Ravinder Kachroo, Supriya Kaboo, Jyotsna Fotedar, Vidya B Dhar, Vinod K Pandita and Ash Raina. The founding members are based out of different parts of globe, with a common passion for the cause of creating sustainable ecosystem for Kashmiri Pandit business community. The launch, which was a historic step in bolstering the KP business community, was commemorated by the presence of esteemed KP dignitaries, Mr. Moti Kaul, Mr. Ashok Koul and Mr. Uday Challu.

The Foundation strives to achieve:

  • Up-Skilling and Up-Scaling up MSME businesses;
  • Building investment worthy business models; and
  • Fundraising for the businesses on basis of equity model.

GKPBF has its registered office in Sector 10, Noida (India), however the foundation has a clear roadmap to establish key offices in various parts of globe in the coming years. The foundation has a robust plan for next three years starting with on-boarding of advisors, mentors and investor panels.

GKPBF is a team of internationally acclaimed professionals and plan to have the best advisory support system for the businesses, in preparing detailed market & financial feasibility report and facilitate required due diligence. GKPBF will be acting as facilitators throughout the journey from setting up of business venture in terms of developing business strategies, talent acquisition and establishing end-to-end operations. With its mentors, advisors and investors, GKPBF will help businesses to achieve the desired growth.

Vision of the Foundation
The vision of our foundation is to create a sustainable ecosystem for incubating start-ups, scaling up existing enterprises, restructuring stressed businesses and create new business ventures to create global success stories for Kashmiri Pandit business community and with a spirit of inclusivity of other business communities in the world.

Objectives of the Foundation

  • To nurture entrepreneurship among Kashmiri Pandits
  • To guide aspiring entrepreneurs and existing businesses
  • To create wealth and assets for Kashmiri Pandit community by building successful businesses
  • To generate jobs through successful businesses

Roadmap

  • Empaneling a pool of Investors, Advisers and Mentors
  • Maintaining Online Database of KP Entrepreneurs
  • Registration of Users (Aspiring, Existing)
  • Program Management
  • IT Infrastructure
  • KP Manufacturing Cluster in Jammu
  • Academic Institute Campus in Kashmir
  • Skill Development Centre in Kashmir
  • Online Training Portal (Pre-recorded LMS)
  • Contributing to the Smart City in Jammu & Kashmir

Meeting with Honourable Governor of Jammu & Kashmir Mr Manoj Sinha at the Raj Bhavan, Jammu on 10th of November 2020.

GKPBF, represented by Mr. DK Bakshi (Founder), Mr. Ravinder Kachroo (CEO), Mr. B.B. Bhat (Coordinator J&K) and Mr. Vinod K Pandita (Director), had a historical meeting with the Hon’ble Lt. Governor (LG) of J&K Union Territory, Sh. Manoj Sinha. The delegates apprised him of the vision and purpose of the Foundation, and how it aims to accelerate the creation of wealth, employment and economic opportunities in J&K and various migrant camps, and facilitate business ventures for Kashmiri Pandits. The Foundation believes that this development will function as a game changer for the Union Territory, and for the Community’s honorable return.


GKPBF team with Principal Secretary Mr. Nitishwar Kumar

Further, through this meeting, the team identified business opportunities for startups, aspiring and existing entrepreneurs among Kashmiri Pandit community in India and possible routes for Kashmiri Pandits living overseas to invest in UT of J&K. The members spoke with the Hon’ble LG regarding special business zones, monetary & financial packages for businesses, concessional loans for NRI and KP investment (domestic and international), which was duly acknowledged by his Excellency, and that his office would revert with the necessary action in due time.

GKPBF received best wishes from the LG and his support in ensuring its success, which will not only re-establish KP’s as business professionals but also help with monetary and cultural connect with the roots of KP’s Dev Bhoomi. The focused industry segments are Manufacturing, Agro based Commodity Trading, Travel & Tourism, Hospitality, Smart City, IT/ITeS, Educational Institution, Entrepreneurship Development Incubation Centres, et al.

GKPBF followed it up with the 1st of multiple virtual “Digital Business & Investor Summit” and attended by GKPBF Board of Directors, 30 top businesses and investors, and government represented by the Principal Secretary and his team.

Upcoming Events of the Foundation
GKPBF plans to hold the 2nd virtual “Digital Business & Investor Summit” attended by GKPBF Board of Directors, businesses and investors and government represented by the Principal Secretary. This meet is to be held in December, wherein our tentative pool of investors and potential projects in the J&K Union Territory shall be discussed. The Summit aims to provide a common platform to further out roadmap, strategy, planning and implementation.

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