Sumit Gupta active angel investor and advisor joins Spinta’s Mentor Advisor Panel
Spinta Global Accelerator, LLC announced today that Sumit Gupta has joined its esteemed mentor adviser panel. Sumit Gupta had founded Bash Gaming and led it as its CEO to build it to one of the top mobile gaming studios in the world that was subsequently acquired by GSN/Sony for $170 M. At Spinta, he will provide highly relevant knowledge and insights to Spinta’s startup members in order to help them achieve their entrepreneurial goals.
Launched in May 2015, Spinta Global Accelerator is progressing rapidly in its mission to provide 360° assistance to startups and entrepreneurs through its unique and comprehensive Katalyst methodology. The key aspects of the methodology are to look at each startup’s needs to create the right ‘product-market fit’ as well as develop and pilot-test their Minimal Viable Product (MVP) in a lean start-up model with real world customers. Spinta’s business model relies significantly on the wisdom of its Mentor-Advisor panel members who are well-respected and successful domain experts.
“Sumit brings proven market experience to Spinta along with a vast and in-depth knowledge about startups and their business strategies. I am looking forward to his contribution at Spinta in helping our startup members to think through, and build on new, innovative ideas that can become widely adopted products and solutions”, said Prashant Parekh, CEO, Spinta Global Accelerator.
Sumit Gupta added, “I look at Spinta as a firm with a highly potent accelerator program and I am glad to be associated with it. I am already looking forward to meeting young and talented minds with brimming with ideas of building great business ventures. At Spinta, with its array of services, a good portfolio of Startups, and an experienced panel of mentors, I know my knowledge and energy will be put to best use”.
Sumit Gupta is an active angel investor and advisor who have founded 2 companies and invested in over 60 startups. He garners more than 18 years of product and business experience in mobile, gaming, consumer web and SaaS.
As Founder & CEO of Bash Gaming, Sumit established one of the top mobile gaming studios in the world with offices in bay area, Europe and India and took the company to $80M annual run rate. Bash Gaming was acquired by GSN/Sony for $170M in early 2014. Previously he was Founder CEO of BitRhymes Apps, makers of very popular dating and communication apps on social networks and was also a part of the founding team at Business Signatures that was sold to Entrust for $55M.
Over these years Sumit has launched many products in mobile, gaming, social, web consumer and enterprise SaaS; acquired over 100M users worldwide of which 70M were in US and western world using viral loops/word of mouth. He received his Masters in Science from Missouri University of Science and Technology and B.Tech from IIT Delhi. He serves as a mentor and an angel investor to multiple startups helping them get off the ground, think through the ideas, identify product market fit, the related business models and KPI’s, growth and fundraising strategy.
Spinta Global Accelerator is a boutique startup accelerator based out of Silicon Valley, USA. Apart from Silicon Valley, it is also present at Columbia, Maryland (US), Pune and Nagpur (India), Singapore, and Bangkok (Thailand). We aim to help experienced as well as budding entrepreneurs enhance their business ideas with our domain expertise, resources and technological prowess. In our partnership with talented and dedicated entrepreneurs, we become the force multiplier in developing their innovative ideas for market success.