IIT-B to hold fund­ing event for start-ups

DNA (Daily News & Analysis) Mumbai Edition - - FRONT PAGE - DNA Cor­re­spon­dent cor­re­spon­[email protected]­dia.net

The En­trepreneur­ship Cell (E-cell) of Iit-bom­bay has an­nounced an event where short­listed star­tups will be given ten min­utes to woo a panel of in­vestors to bag a spot-fund­ing of Rs 16 Lakh. The event called ‘The Ten Minute Mil­lion’ will be held on 20 Jan­uary 2019 and the dead­line for reg­is­tra­tion is De­cem­ber 15.

The event which aims to cut short the te­dious task of fundrais­ing will be held as part of the E-sum­mit, a two­day an­nual con­fer­ence which pro­motes en­trepreneur­ship and busi­ness. The Ten Minute Mil­lion will in­volve six short­listed star­tups out of all the ap­pli­cants, pitch­ing for 10 min­utes in front of the in­vestor panel and get the on-spot fund­ing com­mit­ment for Rs 16 lakhs.

The in­vestor panel in the past has con­sisted of renowned an­gel in­vestors like Ajeet Khu­rana, Ravi Gu­ru­raj, Ku­nal Shah, Su­nil Kalra, Aniruddha Mal­pani, Anu­pam Mit­tal. The reg­is­tra­tion dead­line is on De­cem­ber 15. Get ready for stunts, per­for­mance, cars, bikes, celebri­ties, quizzes, fam­ily time and lot more as the 13th edi­tion of DNA Zee Busi­ness Auto Fest be­gins on Satur­day at CIDCO Ex­hi­bi­tion Cen­tre, Vashi, Navi Mumbai.

Con­tin­u­ing its legacy, the two-day event will see par­tic­i­pa­tion from prom­i­nent au­to­mo­bile brands in­clud­ing BMW, Honda, Hyundai, Maruti Suzuki Arena, Nexa, Toy­ota, Volk­swa­gen which will be show­cas­ing their prod­ucts on dis­play for the au­to­mo­bile en­thu­si­asts to touch, feel, test drive and pur­chase on spe­cial dis­count.

Fur­ther, the event will also act as a plat­form for bud­ding en­gi­neers from some of the most well-known ed­u­ca­tional in­sti­tu­tions such as IIT Mumbai, VJTI and KJ So­maiya col­lege of en­gi­neer­ing who will dis­play their in­no­va­tion and cre­ativ­ity at Tech Zone.

As per the or­gan­is­ers, the fest which is be­ing sup­ported by Cruise In­dia shall have an elab­o­rate dis­play of su­per­bikes, vin­tage bikes, cus­tom bikes, clas­sic cars, pro­vid­ing enough op­por­tu­ni­ties for guests at the event to take self­ies. Among the celebri­ties, the event will also host trav­el­ling icons such as Bharad­waj Day­ala,

Ten Minute Mil­lion 2018

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