Jammu round of ASSOCHAM Startup Elevator Pitch Series concludes

Dignitaries during ASSOCHAM's Startup Elevator Pitch Series in Jammu on Wednesday. Aman

JAMMU: The Jammu round of ASSOCHAM Launchpad – Startup Elevator Pitch Series, an initiative and platform for budding entrepreneurs concluded today thereby calling all startups and entrepreneurs from Jammu and Kashmir (J&K) region to bring their technology and business ideas to the most important investors, corporates and industry leaders.
Anil Khaitan, Chairman, ASSOCHAM Startup Council said, “The ASSOCHAM Elevator Pitch event continues to showcase best startups from across different cities in India, proving ASSOCHAM’s dedication towards highlighting most forward-thinking innovators/budding entrepreneurs.”
Of over 80 applications received by ASSOCHAM from across J&K, 25 were shortlisted and they got a chance to meet world class mentors, investors, companies having decades of industry experience to help them give a better shape to their business idea and pitch for funding & technology partners to generate business opportunities.
The participants were mostly from the category of early stage startups i.e. between 0-2 years of operations and established startups between 3–5 years of operations. The top three winners from J&K will now be invited for grand finale in February 2020 in Delhi.
As part of the Elevator Pitch all shortlisted entrepreneurs and founders were given 300 seconds to explain the concept and idea of a service or product to set of jury members which included eminent names – Anil Khaitan, Chairman, ASSOCHAM Startup Council; Tripti Somani, Co-Chairman, ASSOCHAM Startup Council; Rachana Bhusari, VP-SME, National Stock Exchange of India Ltd and Manik Batra, Director, Batra Group.
All the applications received were evaluated on the basis of certain parameters including – innovation, problem solving, social impact, team qualification, experience, business scalability, profitability and others. Budding startups from different sectors were invited for pitching.
Khaitan further said, “Three winners have been selected each from Jaipur, Lucknow, Pune, Chandigarh and Jammu, we now on move to Goa where top startups will vie for the winner’s slot on November 8,”
Tripti Somani, who is also CEO, KGS Advisors and knowledge partner for ASSOCHAM Startup Launchpad said, “This initiative for the first time brought industry, association and startups to come under one umbrella.”