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Financial tech accelerator SixThirty, based in St. Louis, this week announced Atul Kamra as its managing partner, a new position to both Kamra and the venture capital firm. Kamra’s new role, one SixThirty calls crucial to its success, reflects highly on the direction the startup community is heading. Bringing his experience as a senior leader in the financial services industry to SixThirty will boost the fintech company’s existing momentum and provide the startup community as a whole a shot in the arm.
In the role, Kamra will be instrumental in attracting new financial tech-based startups to St. Louis and SixThirty, which awards up to $100,000 investments to companies in the spring and fall of each year. This role will put him in the position to help each class of companies move from startup status and toward commercialization.
His first move? Re-writing the 10-week academic curriculum for the companies, which covers topics from marketing and branding to business development and intellectual property. He even added a social curriculum to the program design, acknowledging the need to provide a space for offline connections.
Passion for developing young talent is a thread in Kamra’s work. At his previous role at Wells Fargo Advisors as the Head of Advice and president of First Clearing, Wells Fargo’s clearing business, Kamra was also very involved in the bank’s impactful St. Louis Public Schools partnership.
Kamra believes education is paramount to the future of St. Louis’ startup community. He explains, “[In this new chapter,] I am fired-up about the possibility of working with our schools and the startup community to strengthen the connection between entrepreneurship and education. And to be part of kindling a spirit of inventiveness and curiosity in our school kids.”
Husband to Rungolee designer, Anjali Kamra, he is also playing a key role in the in-development St. Louis fashion incubator, which will bring designers to St. Louis to assist them in fully developing their businesses. As a partner, he’ll be able to provide invaluable knowledge about what it takes to make a startup business grow and flourish, a boon to the six to eight designers-in-residence the fashion incubator will host.
Kamra was present on Tuesday to introduce SixThirty’s largest cohort to date, which included three companies brand new to SixThirty and three that were making their return.