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Detect Technologies, a provider of patented solutions for asset monitoring, predictive maintenance in process industries, has emerged winner and has received a fully-paid trip for one person to Israel.
The company took part at a startup pitching contest sponsored by the Consulate General of Israel to South India.
The other companies which came second and third were Cyclpos MedTech and Asquared IoT both gets direct access to Intel India Maker Lab, Intel India’s incubation program that includes access to lab, tools and technologies, mentoring and business connect.
Startup pitching contest was part of the Consulate General of Israel to South India and Intel India’s interactive session on collaboration opportunities between the Indian and Israeli startup ecosystems. The session was followed by a pitching contest for hardware and systems startups that have market-ready, customer validated products in the domain of Artificial Intelligence, Machine Learning, Vision Computing that cater to verticals such as healthcare, industrial, retail and transportation.
The startups were nominated by corporate accelerators\incubators, venture capital funds, industry associations – NASSCOM, TiE, and IESA. After a pre-screening session that saw participation from about 50 startups, top 5 startups were invited to give a 3-minute pitch to a panel of judges.
At the interactive session Prof. Gadi Ariav, Tel Aviv University (retd), and a resident scholar at IIM-Bangalore shared his experience across academia and industry.
In May 2018, the Consulate General of Israel to South India and Intel India had announced their collaboration to drive innovation and technology development by connecting startups and enterprises of both countries.
“The Consulate of Israel to South India’s mission is to strengthen Indo-Israeli bilateral and economic ties. This MoU between the Consulate and Intel India, just like many other programs with government and private entities, is a means for a purpose, not a goal on its own. We are providing the tools. Now it is upon you to take this forward and find ways to collaborate, innovate, make the change you are looking for,” said Ariel Seidman, Deputy Consul General to South India.
“I am very excited about the collaboration between Intel India and the Consulate General of Israel to South India to drive innovation by bringing the India and Israel technology ecosystems closer. This engagement with the startups demonstrates our intent of leveraging the strengths of both these tech ecosystems that enables hardware and systems startups in India to accelerate delivery of innovative products and solutions for the world,” said Jitendra Chaddah, Senior Director, Strategy & Operations, Intel India.
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