“Startup Pitch”, a platform for entrepreneurs of the region that offers an opportunity to meet local investors, angel investors, venture capitalists and gives them an opportunity to pitch their ideas hosted its 2nd edition on May 25 in Guwahati.
The event was organised by Brahmaputra Region Angel Investor Network (BRAIN) which is the first of its kind in Assam to provide high quality mentoring and capital to new entrepreneurs and Startup Assam in association with Caphelp LLP.
The event saw the participation of 32 startups who registered at the portal for the Pitch ver2.0. The programme was attended by few high network individuals (HNIs) from Guwahati who volunteered to screen the startups and mentor them. They were from diverse backgrounds namely Abhijit Bhuyan, MD , Bohniman Systems, Abhijit Hazarika CEO & Director, Ayusundra Health Service, Pranjal Konwar, COO, IIM Kolkata Incubation center, Manash Bhuyan, CEO, Biozatra, Amitabh Barooa, Secretary, StartupAssam, Samir Baruah, Advisor BRAIN , StartupAssam, Nilutpol Dhulakakharia, IT professional.
Samir Baruah started the session by stating different aspects of financial management for the development of a venture. This was followed by the pitches of various teams like World connect, Stayup Kitchen, Planet Green, Eventours, keymansolution, Happy Housekeeping, Axomi healthtech, Camping Co, Invision webtech, Monday and many more sharing their business models from healthcare, tourism, technology, utility, logistics and many more.
The 15 teams were given 10 minutes of presentation with questions and answers. The startups that have submitted have been evaluated by the experts and will be intimated with the procedures of the next level. Few of them would be invited for mentoring and prepared for the next round of evaluation.
It should be noted that BRAIN will be evaluating the submitted presentations for the next round of preparation for funding. The best startups will be evaluated by investors through various angel investor network.
The first edition was held on December 1 last year. An international panel of entrepreneurs from Singapore, Hong Kong, Dubai and New York were present at the event.