8 March 2018
Realising dreams of the young entrepreneurs of the region, the Chandigarh Chapter of the Indus Entrepreneurs (TiE) organizesd TiE summit at the Indian School of Business, Mohali.
Chandigarh Chapter recorded a funding of over two crores for the ‘Chandigarh Pitch Night’ said Alok Sisaria while addressing the TiECON 2018.
The increased pitching in for the ‘Pitch Night’ gains importance in the context that last year four starts-ups had raised Rs 1.8 crores. Start-ups and entrepreneurship happen to be a prominent pillar of the Punjab government’s Industrial and Business Development Policy, 2017 which is supporting the TiE Chandigarh.
The Chandigarh Pitch Night was facilitated by Chandigarh Angels Network (CAN), a community of successful entrepreneurs who are committed to keeping the wheel turning by investing into promising business ideas Their primary focus is to facilitate investments in the seed and growth level ventures.
Various dignitaries spoke on the hotly deliberated ‘Entrepreneurship in the Age of Disruption’. They spoke on the challenges before the entrepreneurs and the solutions available in the corporate world as a part of his mentoring capacity for young entrepreneurial minds. Providing details about the TiE, Alok Siasaria said the local chapter had grown over 250 ever since its inception in 2003. This year we had more than 600 participants who interacted with at least 40 celebrated subject experts from different areas. Speakers came Uttarakhand, Himachal, Jammu & Kashmir, Haryana, and Punjab.
TiECON 2018 was a great event for folks looking to start-up, existing start-ups, and growth companies that aim to increase capital and present their ideas to a prolific board of Angel investors, industrialists and entrepreneurs. A number of seasoned professionals from “Nexus – US Incubator” and Amazon were there to coach startups on their pitches. Other workshops on Design Thinking by PwC, Digital Marketing by DigitalVidya, Storytelling by Deeptha Vivekanand alone made it worthwhile to spend the 2 days.The event witnessed a sizable participation from the starts-up and also existing companies expressing their desire to make new ventures in collaboration with the TiE. These groups presented their ideas to the prolific board of Angel investors, industrialists and entrepreneurs. Seasoned professionals from “Nexus – US Incubator” and Amazon coached start-ups on their pitches. Other workshops included Design Thinking by PwC, Digital Marketing by DigitalVidya, Storytelling by Deeptha Vivekanand.
There was a brilliant lineup of speakers –Academicians, Public Leaders, Government Leaders, Diplomats, Entrepreneurs, Social Entrepreneurs, eco-system builders, and all type of funding agencies, banks, angel networks, VCs. Etc. Prominent leaders present at the summit included.dovernment: Chief Minister Punjab – Amrinder Singh, Member of Parliament – Jay Galla.
Diplomats British High Commissioner – Sir Dominic Asquith, KCMG; High Commissioner of Canada – Nadir Patel, Ambassador of Israel – Daniel Carmon
Large Business Houses : Sunil Kant Munjal of Hero Group, Sudhanshu Vats CEO Viacom 18.
Policy makers: Chief Secretary, Punjab – Karan Avtar Singh,IAS PM’s Economic Advisory Council – Shamika Ravi; Secretary, Department of Industrial Policy and Promotion – Ramesh Abhishek),
Seasoned Investors: Unitus – SrikrishnaRamamoorthy, Ventureast – SrikanthSundararajan, Indian Angel Network – Padmaja Ruparel, Ideaspring Capital – NaganandDoraswamy, T Labs – Soaib Grewal,Eco-system providers: Chitkara – Madhu Chitkara, SumeerWalia,Successful Entrepreneurs: Go-Jek – SiduPonnappaSerial Entrepreneurs : (Clix Capital – Manisha Lath Gupta, Beyond Strategy – Rakesh Bhatia.
Leading Angel Investors, Venture funds, accelerators are providing coaching to startups at the event. Leading lawyers are providing free legal advice.40 selected startups showcased their products and processes representing fields such as agritech, fintech, robotech and other startups.
Especially, since the event on the 8th coincided with International Women’s day – there was a special focus to invite women entrepreneurs and speakers with roots or in exciting areas to come and share their experiences and advice.
TiE is a global non-profit organization that aims to foster entrepreneurship through activities like education, networking and mentoring. Since its inception in 1992 in Silicon Valley, TiE has become home to an international network. It spans over 61 chapters, covering 18 countries which constitute of over 13000 members.
TiE’s Chandigarh Chapter, since its commencement 2003, is thriving with over 250 members today. TiECON is the premier conferences for entrepreneurs all across the country.