15 women-led start-ups and 29 start-ups from Northeast India presented scalable business solutions to the global investors
Continuing the legacy of India Innovation Hub’s flagship series, the fourteenth & fifteenth editions of the ‘Elevate’ pitching series held recently, wherein several startups presented a range of top-notch innovative business ideas to the global investors.
While Elevate XIV was a special edition organised to honour and celebrate the achievements of women entrepreneurs on International Women’s Day, Elevate XV was focused on startups from the Northeast India and celebrated the spirit of budding entrepreneurs from North-Eastern region of India. Several entrepreneurs showcased their innovative solutions across sectors like Education, Healthcare, Tourism, Sustainability, Textile, E-commerce, Technology and Fashion during both editions.
Elevate XIV showcased ideas from women-led startups, including TheMadeonEarth, a brand that curates affordable, comfortable and breathable clothes made from certified organic cotton, muslin and bamboo; Toddle, a brand that delivers screen-free learning resources created by educators across the UAE to make learning fun and hands-on; ZNAP, a Fintech startup, which introduce consumer retention with cashback on retail spends & Ecozoe, a brand created to replace single-use plastic disposables with sustainable solutions those are either biodegradable, sustainable, eco-friendly, plastic-free or vegan.
Start-ups from the Northeast region, presented their business ideas including Automovill Technologies Pvt. Ltd., a company, which caters to automotive after-sales ecosystem providing consistent, convenient and transparent service to customers; Encamp Tourism Private Limited, which act as a bridge for travellers looking to travel hassle-free to offbeat places in Northeast India; Skyy Rider Institutions Pvt Ltd, a leading skill development & Job assured platform in advanced skilling sector; BONV Technology Pvt. Ltd., which is aiming to bring air travel to streets in a smart, economic & sustainable way through innovative design & development of electric vertical take-off and landing vehicle (eVTOL) & Treacle Technologies Private Limited, an Indian company involved in the business of cyber security.
‘Elevate’ series is a key initiative of the India Pavilion at EXPO2020 Dubai that aims to display unconventional solutions created by over 600 start-ups over the course of five months under the India Innovation Hub umbrella and is supported by HSBC. This global pitching series is providing start-ups with a unique opportunity to articulate their vision, gain knowledge about the global sectoral trends, network with fellow new-age entrepreneurs and attract potential B2B investors.
Both the events were attended by leading investors including Siddharth Balachandran, Executive Chairman and CEO, Buimerc Corporation ltd; Ankur gupta, Head of Corporate Affairs & Growth, Tata Sons MENA, Ravi Chitnis, Managing Director, Beta Consultants, Mahavir Kothari, Senior Finance leader, Adnoc Distribution, KV Shamsudheen, Director, Barjeel Geogit Securities, Mahesh Advani, Managing Director, Blossom Trading among others.
The Indian startup ecosystem currently has over 60,000 DPIIT-registered startups from 628 districts across all 28 States and 8 Union Territories. India ranks in the top 50 countries in the Global Innovation Index (GII) and is the 5th most startup-friendly country in the world (leading in Asia). Embodying the true spirit of a self-reliant India, and despite the extreme challenges posed by the global pandemic, over 44 new unicorns came into existence in India, taking the total number of unicorns to 72.
The next Elevate session will happen on 16th March 2022 and will showcase start-ups from the GCC region.