Wednesday, May 8, 2024

IIIT-Bangalore Hosts OxFounders Global Startup Summit

The International Institute of Information Technology Bangalore (IIIT-B), in collaboration with Oxford Founders Global, successfully hosted the OxFounders Global Startup Summit on May 3rd, 2024.

Addressing the media, Dr. Lakshmi Jagannathan,CEO, IIIT-B Innovation Centre, said, “With the Deeptech startup ecosystem catching up in India, IIIT-B Innovation Centre is happy to host the Deeptech Startup Summit with the Oxford Founders. This summit will be a unique convergence of startups, investors and mentors enabling building bridges between India and the UK Ecosystem. The aim of the Summit is to foster collaboration and bridge-building between the dynamic ecosystems of India and the UK.”

Lucas Jacobelli, Joint Chair, Oxford Founders Global stated, “Our World Tour project is all about us visiting the most exciting and dynamic startup ecosystems around the world. Bangalore being the home to some of the most innovative research and projects on a global scale, and this makes it a perfect stop. This is where the next unicorns will come from, and this is by far the most exciting space for us.”

Morgane Bascle, Joint Chair, Oxford Founders Global said, “This is the first time the Oxford and Bangalore startup ecosystems come together for an event of this kind. IIIT-Bangalore has a really strong presence throughout the startup ecosystem. This starts from the students, who are leading cutting-edge research-driven projects, but extends also to a network of investors and mentors that provide a huge amount of value to pitching startups. We have always conducted our events in partnership with top universities and IIIT-Bangalore is one of them,” he further added.

The event, held at the Amanthran IIIT-Bangalore venue, brought together an array of visionary entrepreneurs, investors, accelerators and media representatives from around the globe to celebrate and nurture the spirit of innovation within the Bengaluru startup ecosystem.

The summit, spanning from 10:00 AM to 5:00 PM, featured a dynamic agenda designed to inspire, educate and connect participants. Attendees had the opportunity to engage in insightful panel discussions on startup growth and innovation, participate in workshops led by industry experts and network with like-minded individuals passionate about driving positive change through entrepreneurship.

The mark of the event was the eagerly anticipated startup pitching competition. Eight early-stage startups, selected for their remarkable traction and potential in DeepTech and Sustainability, showcased their innovative solutions. They presented to a distinguished panel of judges and a captivated audience of investors and media professionals.

About IIIT-Bangalore

IIIT-Bangalore is a premier institute dedicated to undergraduate and postgraduate programs specializing in Computer Science and Engineering (CSE), Electronics and Communication Engineering (ECE), IT for Society, and broader fields of IT and research. Situated in the heart of Electronic City, Bangalore, it holds a prominent position in the academic landscape. IIIT-Bangalore is graded A+ by National Assessment and Accreditation Council (NAAC). In the National Institutional Ranking Framework (NIRF) for 2022, IIIT-B has secured 74th ranking. The institute was ranked number 1 among India's Best Technical Universities (Private) by India Today. IIIT-Bangalore contains state-of-the-art infrastructure, eminently qualified faculty, a vibrant alumni community, cutting-edge research facilities, and close industry collaborations.

The institute’s specially designed courses make the students’ cognizant of the current technologies. Experiential learning and practices followed in the institute equip them with the tools and knowledge to solve contemporary real problems. IIIT-Bangalore has consistently achieved excellent placement records every year since its establishment in 1998, thanks to the unwavering support of the industry and the expanding pool of highly skilled alumni.

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