Amrita TBI, a Technology Business Incubator sponsored by Govt. India and Amrita University is in the pursuit of the most promising start-ups in India this January through its start-up centric event Amrita TBI Pitchfest 2017, a platform for aspiring entrepreneurs to showcase their innovative business ideas and products.
Amrita TBI PitchFest 2017, will mark the fifth edition of the scintillating start-up pitching event where the top 30 start-ups will be pitching and showcasing in front of elite investors, media groups, and C-level executives from the industry. The two-day pitching event will be held in Bangalore on 28th and 29th, January 2017 and will be judged by a dedicated elite panel of Investors and VCs.
Amrita TBI will provide seed investments for qualified startups after the completion of the required due-diligence on the three finalists. Prominent partners of the program are DST, Govt of India, Indian Angel Network, Ankur Capital, 91 Springboard, BHIVE Workspace, The Tech Portal, and YourStory.
This year, Amrita TBI has doubled the total investment outlay to $200,000 for start-ups. The two-day pitching will be judged by a dedicated elite panel of investors and VCs.
The participants will be mentored by the elite panel consisting of well-known entrepreneurs and industry experts as well as Amrita TBI internal mentors during the event. The three finalist ideas will qualify to receive a total seed investment of up to $200,000 from Amrita TBI. All start-ups will also be eligible for incubation support from Amrita TBI which includes working space and mentorship support from Amrita TBI.
The deadline for applications is 7th January 2017. The received applications will be scrutinized and shortlisted on basis of a combination of factors including uniqueness of the idea, market opportunity, growth potential, strategy, team profile, knowledge of the industry, and total investment required.
In the last edition, the program attracted applications from more than 700 startups across 10 Indian states making it one of the most sought-after-startup pitching events in the country.
Preksh Innovations, a top startup winner of the last edition and incubated at Amrita TBI recently made it to the second position at the K-Startup Grand Challenge in Seoul where more than 2400 startups from 124 countries participated.
In previous years, the judges included Padmaja Ruparel – President, Indian Angel Network, Ramesh Radhakrishnan – MD, Artiman Capital, Srinivas Rao – Co-Founder & CEO of Aujus Networks, Nikhil Agarwal – Founder, Entrepreneur Cafe, among others.
To apply for Amrita TBI PitchFest 2017 click here