The final round of Conquest, the business plan competition by the Birla Institute of Technology and Science (BITS) in Pilani would be help on September 15.
The final round of Conquest, the business plan competition by the Birla Institute of Technology and Science (BITS) in Pilani would be help on September 15. The finalist would be competing for the Hottest Start-up of India Award, sponsored by Group-on India and the India Rising Star Award, sponsored by Gandhi Capital.
“We are the first in India to have shifted from a plain business plan model to a start-up challenge,” says Suvonil Chatterjee, Conquest’s coordinator.
Conquest selected 10 strongest start-up companies to compete at finale out of 50 companies. Conquest offered around Rs 3 lakh of equity-free seed money to all of the finalists, and one crore in incubation opportunities.
Chatterjee says, “The finalists will also receive sponsored services, including cloud computing, CRM, and customer support worth around $300,000. Most of the finalists have already received seed funding and are currently seeking their Series A rounds”.
The grand panel discussions would consist of some top Indian entrepreneurs and investors, including Amit Ranjan-cofounder of Slideshare, Ankur Warikoo-CEO of Groupon India, Alok Kejriwal-founder and CEO of Games2Win, Dev Khare of Lightspeed Ventures, and Rajesh Sawhney-founder of the GSF Accelerator and GSF Superangels. Google’s India business development team will also sponsor the best social start-up at the competition.