The Indraprastha Institute of Information Technology (IIIT) Delhi will host PitchCafe 3.0 on Saturday, September 3, an annual event to promote the spirit of entrepreneurship among young innovators. The event held at the institute aims to bring the young entrepreneurs closer to fulfilling their entrepreneurial dreams. It acts as a platform to present promising ideas and startups at an early stage.
More than 200 teams will compete for a prize pool of over Rs 5,000,000 during the event. Ideas and proposals are screened in three rounds: idea abstraction screening, elevator pitch and a final pitching round. Of the 200, no fewer than 64 teams will qualify for the second round and make an elevator pitch. After this, 16 teams will pitch their ideas to the investors on September 3. The final round judges are made up of serial investors and renowned entrepreneurs, all highly respected personalities in their individual domain.
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Sandeep Jain, the CEO and co-founder of Geeks for Geeks, is one of the leading speakers among other speakers and investor judges such as Dhruv Rana – the incubation head of Shaheed Sukhdev College of Business Studies (SSCBS), Anshul Rustggi and Arindham Basu, investors of Basic Roots and Neeraj Gulati – the head of works council in the Delhi Govt.
“We had the pleasure of having mentors from the Delhi government to judge the entries from round 1. For round 2, we had mentors from a venture capitalist company-100xVC, which helped us get the top 16 teams for the final pitch, the institute said.
“PitchCafe offers investors an exciting investment opportunity in early stage start-ups with huge potential for future growth. For start-ups, it helps narrow the gap between dreams and their real-time execution. Lectures, seminars by successful entrepreneurs and renowned experts will help young entrepreneurs move from proof of concept ideas to developing prototypes. PitchCafe 3.0 will be a promising event with a day full of freshly brewed ideas, pitching and competitions, discussions and fun leisure activities,” added IIIT Delhi.
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