The Technology Business Incubator (TBI) of Amrita University is organising the fifth edition of its pitchfest on January 27 and 28 at its Bengaluru campus.

The event, according to Krishnashree Achuthan, Chief Executive, TBI, Amrita University would provide a platform for start ups to showcase their ideas to potential investors and qualify to receive a seed investment of up to $200,000 and get incubation space as well at Amrita TBI.

Achuthan also noted that the total seed investment outlay for the pitchfest proposed later this month is double that of the last edition.

Department of Science and Technology, Government of India, Indian Angel Network, Freshers World and YourStory are partners to the event

About Pitchfest 2017:

The top 30 selected start ups would go through a mentorship programme on day 1, followed by selection of the top start ups.

On Day 2, the top start-ups would have to pitch before an elite panel of investors and executives.

Amrita TBI would complete the due diligence on the three finalists and provide seed investments to the qualified start-ups.

Achuthan said that the 2016 edition attracted more than 700 start-ups from 10 states across the country. “Preksh Innovations, the top start-up winner of the edition held in 2016 recently bagged the second position at the K-Startup Grand Challenge in South Korea. The event witnessed the participation of more than 2400 startups from 124 countries.”

Amrita TBI has incubated more than 45 startups, mentored over 181 startup ideas over the past 8 years, since inception in 2008, Achuthan added.

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