MEITY Startup Hub Bridges Healthtech to Cleantech in Investor Connect Initiative

The MeitY Startup Hub Investor Connect Programme at IIM Ahmedabad brought together startups and investors from diverse sectors, fostering collaboration and growth opportunities in the Indian startup ecosystem.

Event Overview

• The MeitY Startup Hub Investor Connect Programme continued its pan-India journey.
• The event took place at IIM Ahmedabad on March 22, bringing together 10 startups and 25 investors.
• This was the second event of the programme, following the inaugural event in Jaipur.
• The aim of the programme is to empower promising startups across India by connecting them with potential investors.
• Startups were provided with a platform to showcase their ideas and receive constructive feedback from investors.

Organizers and Collaborators

• Organized by the MeitY Startup Hub (MSH), in collaboration with IIMA Ventures and powered by source.
• The event featured an esteemed investor panel including Sanat Mondal, Anil Joshi, Nisarg Singh, Namrata Gupta, among others.
• IIMA Ventures, founded in 2002, is recognized as a Center of Excellence (CoE) by the Department of Science and Technology and supported by MeitY under TIDE 2.0.

Participating Startups

• Ten selected startups were part of diverse MeitY-backed programs like SAMRIDH, TIDE 2.0, and Centers of Excellence (CoEs).
• Startups from various sectors were represented, including healthtech, ecommerce, insurtech, parenting, skilltech, sportstech, edtech, EV, and cleantech.
• Healthtech startups like Redicine Medsol and ecrooner, ecommerce startup Culture Circle, insurtech startup Cureclaims, parenting and health-focused platform GrowthBook, skilltech startup My Equation, sportstech startup Player, edtech platform STEMpedia, EV startup Webber, and cleantech startup Auklr participated.

Investor Interest

• Several investors, including Abhilash Sonwane, Namrata Gupta, Jalpa Jain, expressed interest in various startups.
• Sonwane showed interest in tech-enabled startups such as My Equation, Player, and STEMpedia.
• Jain was impressed with the humble approach of Player's founder and saw great potential in the sportstech sector.
• Manoj Kumar Agarwal expressed interest in further evaluating the EV startup Webber.
• Kapil Kotnala indicated his intention to further evaluate Culture Circle.

Impact and Implications

• The event highlighted the synergy between academic institutions, government bodies, and industry players in fostering the growth of early-stage ventures.
• It provided valuable networking opportunities for startups and investors.
• The diverse range of startups showcased reflects the varied interests of investors and the emerging trends in the startup ecosystem.