The year-long event by Startups Club has been announced today in Bangalore. A press release confirmed.
The 4th Edition of Startups Club demo day is set to take place in 10 cities including Bangalore, Chennai, Hyderabad, Coimbatore, Mumbai, Delhi, Pune, Kochi, Ahmedabad and Vizag. It helps early age Startups to attend bootcamps and other startups related events, along with connecting the startups to mentors and investors. This year, the demo day will evaluate ideas from each city and one winner from each city will win a cash price of INR 1 Lakh. Along with that, the winners will get a chance to present their idea and compete with the 10 winners from each city. The finale, set to take place in December 2016 in Chennai, will also give them a chance to win Rs 5 Lakh as cash price as well as many tools as support system.
According to Startups Club, the early age startups in the country are getting highest attention and investment than ever. In the first 3 quarters of 2015 alone, the early age Indian startups begged a total sum of $1.4 Billion, which was highest ever the country has seen.
“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.
Startups Club has established itself as a reliable partner for Startups in India. Over the years, it has been working with Startups to make the process of connecting with Mentors and Investors easier. It has emerged as a bigger platform for sharing ideas, getting validated and connecting with potential angel investors and venture capitalists.
Startups Club is currently present in Bangalore, Chennai, Coimbatore, Hyderabad and Mumbai, with Ahmedabad, Cochin, Delhi, Pune, Vizag & Dublin (Ireland). It organizes regular startups events to talk about various topics related to Startups and Entrepreneurs.