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Startup, Enerture Technology won Conquest 2012 competition organized by BITS Pilani and was awarded prize money of Rs. 1.5 Lakhs along with an all-expenses paid trip to Thailand for the All Asia Business Plan competition.
Conquest is BITS Pilani’s annual start-up challenge and entrepreneurship conclave that brings together the most promising start-ups and connects them to investors who are willing to pay up to Rs. 40 million as angel investment or seed fund for top startups. Conquest has the sole aim of connecting investors to the most promising startups, and being organized completely by students.
In total, over 440 ideas were received on the event website by 30th May 2012. These included 8 entries from abroad. Out of these, 35 teams were selected by a jury of entrepreneurs around the world. These 35 teams were chosen for mentorships in various cities of the country including Delhi, Mumbai, Hyderabad, Bangalore and Chennai. Ideas from abroad were mentored through Skype video conferencing.
After mentorships these teams were asked to prepare a video presenting the prototypes which were examined by a panel of judges who selected the 10 best ideas. Over the past few weeks each of these finalists received professional mentoring from venture capitalists and angel investors. Some prominent names including VT Bharadwaj (ex-BITSian, MD, Sequoia Capital), Kevin Saldanha (Director, Freemont Partners), Alok Mittal (MD, Canaan) et al. All of these established stalwarts in their respective fields also flew down to Delhi for judging the contest.
This year’s Finale also included a Panel Discussion by six experienced Venture Capitalists, namely, Rajesh Sawhney (Former President, Reliance Entertainment), SandeepSinghal (MD, Nexus Ventures), Vivek Mohan (Freemont Partners), Mukund Mohan (Co-Founder, HeyMaya), AnkurWarikoo (CEO, Groupon India), Ravi Kiran (Co-founder, Venture Nursery). They provided an in-depth analysis into the pertinent issue about when it would be correct time to raise money for a start-up. The auditorium being jam packed with budding entrepreneurs, the panel discussion surely gave out a lot of useful advice to all those present.
Startup, Enerture Technology won Conquest 2012 competition organized by BITS Pilani and was awarded prize money of Rs. 1.5 Lakhs along with an all-expenses paid trip to Thailand for the All Asia Business Plan competition.
Conquest is BITS Pilani’s annual start-up challenge and entrepreneurship conclave that brings together the most promising start-ups and connects them to investors who are willing to pay up to Rs. 40 million as angel investment or seed fund for top startups. Conquest has the sole aim of connecting investors to the most promising startups, and being organized completely by students.
In total, over 440 ideas were received on the event website by 30th May 2012. These included 8 entries from abroad. Out of these, 35 teams were selected by a jury of entrepreneurs around the world. These 35 teams were chosen for mentorships in various cities of the country including Delhi, Mumbai, Hyderabad, Bangalore and Chennai. Ideas from abroad were mentored through Skype video conferencing.
After mentorships these teams were asked to prepare a video presenting the prototypes which were examined by a panel of judges who selected the 10 best ideas. Over the past few weeks each of these finalists received professional mentoring from venture capitalists and angel investors. Some prominent names including VT Bharadwaj (ex-BITSian, MD, Sequoia Capital), Kevin Saldanha (Director, Freemont Partners), Alok Mittal (MD, Canaan) et al. All of these established stalwarts in their respective fields also flew down to Delhi for judging the contest.
This year’s Finale also included a Panel Discussion by six experienced Venture Capitalists, namely, Rajesh Sawhney (Former President, Reliance Entertainment), SandeepSinghal (MD, Nexus Ventures), Vivek Mohan (Freemont Partners), Mukund Mohan (Co-Founder, HeyMaya), AnkurWarikoo (CEO, Groupon India), Ravi Kiran (Co-founder, Venture Nursery). They provided an in-depth analysis into the pertinent issue about when it would be correct time to raise money for a start-up. The auditorium being jam packed with budding entrepreneurs, the panel discussion surely gave out a lot of useful advice to all those present.
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