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2013-06-25

Asia's largest event for start-ups held in Bangalore

The 14th edition Asia’s largest startup event, Startup City was held in Bangalore recently giving budding entrepreneurs opportunity to explore new and upcoming genres of idea implementation.

The 14th edition Asia’s largest startup event, Startup City was held in Bangalore recently giving budding entrepreneurs opportunity to explore new and upcoming genres of idea implementation.

Chetan Maini, Founder of Reva who is widely considered as the pioneer of electric vehicles in India gave away keynote address on Against All Odds: From Innovation to Success.’ He talked about how important it is for entrepreneurs to surround themselves with right people who share the same dream when threading ones way to the top and be a winner.

Arun Jain, Founder, Chairman & CEO of Polaris Financial Technology advised the startup enthusiasts to listen first, discuss next and then make a decision, while delivering the second keynote on ‘Entrepreneurship: The Journey’

The event also allowed startups and entrepreneurs to pitch their ideas to venture capitalists and angel investors. Some of the leading VC firms like Sequoia Capital, Kalaari Capital, Canaan Partners, Artiman Ventures, Kae Capital, Venture East Advisors, and Saama Capital etc.

The event also saw 60 promising startups competing for the ‘Best Startup Award 2013' under four different categories: Internet, Services, Products and Mobile. The jury evaluated the presentations by startups based on company overview, market opportunity, the team, solution value proposition, competitive positioning, growth plans, go-to-market plan, current status and investment prospects that determined the prospective future of an enterprise.

The winning startups were Sharemojo.com in internet space, Mahalife in mobile space, SkipTask in product space, Intelligence Node in solutions space and BlobCity in services space.

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