Startups Club, a premier
destination for early stage startups, today announced the kick-off of their
year-long event, Demo Day 2016 in Bangalore. Demo Day 2016 will take place
across 10 cities and provide early stage startups with the opportunity to
attend boot camps, meet investors, secure funding and win prize money.
The 4th edition of Demo Day will
be hosted in Bangalore, Chennai, Hyderabad, Coimbatore, Mumbai, Delhi, Pune,
Kochi, Ahmedabad and Vizag. Each city will have local startups presenting their
ideas and one winner from each city will win prize money of Rs.1 lac. These top
10 winners will then participate in the Chennai finale in December 2016, where
they will present their ideas to a prestigious panel of Investors, Mentors
& Entrepreneurs. The national winner will be awarded with a Grand Finale
Prize of Rs.5 lacs plus many tools as support system.
Indian startups are attracting
more funding in early stages than ever before. In the first nine months of
2015, around $1.4 billion in early stage investments—the highest ever for the
country—has been pumped into startups, according to data from Venture
Intelligence, a research firm. Last year, 304 deals saw a total funding of $1.2
billion.
“Demo Day is a platform for a
cherry-picked set of startups to pitch to a set of investors to possibly raise
funds. Demo Day 2016 promises to be bigger and better, covering 10 cities
across India, with over 1500 attendees across locations and participation from
around 100 startups. We are confident that early-stage startups will leverage
the platform to take their ideas to a larger audience and create a compelling
value proposition,” said Salma Moosa, Core Organizer, Startups Club.
A pan-India hunt for startups,
Demo Day simplifies the process of meeting with investors one on one, to pitch
ideas directly, get validated and get funded. For participants it is a platform
for sharing ideas, networking with industry veterans and reaching potential
Seed and Angel investors. Visitors can listen to the thought leaders of the
ecosystem, network with entrepreneurs and observe the trends in the startups
world. More information on Startups Club Demo Day 2016 is available at http://startupsclub.org/
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