Private Equity

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GUSEC

GUSEC (Gujarat University Startup and Entrepreneurship Council) is an early-stage, zero-day, zero-cost startup support system operating within Gujarat...

GUSEC logo

GUSEC

GUSEC (Gujarat University Startup and Entrepreneurship Council) is an early-stage, zero-day, zero-cost startup support system operating within Gujarat University. It provides incubation, mentorship, labs, collaborative workspaces, and seed funding resources to help convert ideas into scalable enterprises. It supports both tech and non-tech startups and works to build entrepreneurship from within the university ecosystem.

General information

Firm type

Private Equity

Year founded

2017

Location

Region

Asia

Country

India

City

Ahmedabad

Corporate office

Ahmedabad, Gujarat, India

Principals

Prof. Jagdishkumar Joshi

In-Charge Vice Chancellor

Dr Piyush Patel

Director

Mr Saurav Sanyal

Independent Director

Mr Chiranjiv Patel

Independent Director

Mr Pathik Patwari

Independent Director

Sanyam Chhajed

Program Manager

Zarna Raval

Sr Associate (Programs)

Manasvi Patel

Associate (Accounts)

Kreyanshi Shah

Executive - Incubation

Sector focus

TechnologyNon-Tech

Frequently asked questions

What is GUSEC's relationship to Gujarat University?

GUSEC is wholly housed within Gujarat University, functioning as its entrepreneurship council and incubation center. The entity operates under the university's administrative umbrella rather than as a legally separate venture fund. Investment decisions and programming are governed by university policies and appointed council members, not by external limited partners.

How large are GUSEC's typical investment checks?

Based on publicly available information from Indian incubation programs of similar structure, GUSEC's grants and seed checks have historically ranged from INR 2 lakh to INR 10 lakh. The entity operates at the very early end of the capital continuum, positioning itself as a first institutional touchpoint rather than a lead seed investor.

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