Bengaluru: Birla Institute of Technology and Sciences (BITS), Pilani International Startup Conclave, Conquest 2015 has seen enormous talent emerging from the budding entrepreneurs to revolutionize the Indian Startup Ecosystem. Based on an ideology to strengthen the ventures with the highly experienced knowledge coming from executives from various domains, the networking & mentoring session was held on 11th July at target accelerators Gregg W. Steinhafel Center, Manyata Embassy Business Park, SEZ Unit, Outer Ring Road, Bengaluru. The session was supported by great firms like DCB Bank, Accel Partners and CitrusPay.
As per the report, with the registrations and short listing of the top 50, Conquest possessed rounds of Networking Sessions which was attended by over 100 startup entrepreneurs along with highly qualified mentors, angel investors and venture capitalists. Through conquest, startups will encounter an enormous opportunity to bring their business ideas and plans to the fore, thus pulling potential investors.
In addition to mentoring startups in the process of incubation and IP filing, the mentors from various firms had advised on fundraising and revenue model refining, customer acquisition, hiring and grooming talent, up scaling, branding and marketing, and technology. On the other hand, as per the business plan with the mentors individually, there was a lot in store for the shortlisted teams.
Speaking about the session, Gautam Gandhi, Head of Business Development, Google says, “Every second start¬up is trying to build a new website or app. I informed the aspirants that they should not aim only for e¬-Commerce after the success of Flipkart and Snapdeal. The market can’t absorb 100 e¬commerce companies. Only a handful will survive in the long run”.
Dhairik Fuletra, CFO, Conquest 2015 adds, “It was truly phenomenal to see such brilliant ideas under one roof. Each startup was on a quest to improvise our lives remarkably”.