BML Munjal University’s (BMU) Atal Community Innovation Centre (ACIC)-BMU Foundation successfully hosted the Propel Pitchfest25 in collaboration with the Atal Innovation Mission (AIM) and NITI Aayog. This flagship annual event, held on campus, brought together entrepreneurs, investors, and industry leaders to foster innovation and investment in India’s startup ecosystem.
A Platform for Startups to Shine
The Propel Pitchfest25 is more than just a competition; it serves as a launchpad for budding entrepreneurs across various industries. Startups from deeptech, medtech, textile innovation, sustainability, and social impact sectors showcased their groundbreaking ideas. With an investment pool of over Rs 8 crore, the event received significant backing from the Startup India Seed Fund Scheme (SISFS) and the MeitY GENESIS scheme, providing crucial financial support to emerging ventures.
Key Highlights of Propel Pitchfest25
Massive Investment and Entrepreneurial Support
The event facilitated an investment of over Rs 8 crore, further strengthening India’s startup ecosystem. Over the years, ACIC-BMU has been instrumental in nurturing more than 70 startups, creating over 500 jobs, and catalyzing multiple investment opportunities.
Industry Leaders and Investors on Board
Leading investment firms and networks such as Indian Angel Network, India Accelerator, Pontaq VC, Sanchi Connect, Foxhog Ventures, JITO, Campus Fund, Campus Angels, Agility Ventures, Fluid Ventures, RTAF, She Capital, Lead Angels, Inflection Point Ventures, Indian Healthcare Angels, and Venture Catalysts participated in the event. Their presence provided startups with invaluable mentorship, networking opportunities, and potential funding.
Launch of the Singapore India Startup Corridor Programme
A significant highlight of the event was the launch of the Singapore India Startup Corridor Programme, aimed at fostering cross-border collaboration. The initiative seeks to provide market access and networking opportunities for Indian startups, helping them scale internationally.
Propel Pitchfest25: Driving Innovation and Impact
CEO’s Vision for the Future
Davinder Singh, CEO of ACIC-BMU Foundation, emphasized the broader impact of the event, stating, “Propel Pitchfest25 is more than just an event; it is a launchpad for innovation and a catalyst for entrepreneurial success. Through our programs and support, we’ve nurtured over 70 startups, created 500+ jobs, and facilitated numerous investments. Our mission at ACIC-BMU is to drive meaningful change through innovation, and this event reaffirms our commitment.”
Workshops and Knowledge-Sharing Sessions
In addition to pitching opportunities, Propel Pitchfest25 featured masterclasses, boot camps, and investor clinics. Industry experts guided aspiring entrepreneurs on refining their business models, securing investments, and scaling their innovations effectively.
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Conclusion
Propel Pitchfest25 has once again proven to be a game-changer for India’s startup ecosystem, fostering innovation and collaboration at an unprecedented scale. With significant investments, cross-border initiatives, and knowledge-sharing opportunities, the event has set a new benchmark for entrepreneurial growth in the country. As India continues to solidify its position as a global startup hub, initiatives like Propel Pitchfest25 will play a crucial role in shaping the future of innovation and economic development.
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