Jaipur, December 2020: AIC-JK Lakshmipat University (JKLU), an Atal Incubation Centre set up with the support of AIM, NITI Aayog, and JK Lakshmipat University, Jaipur, today organized there the first edition of Demo Day to provide exciting opportunities to entrepreneurs, investors, community supporters, corporate partners, and entrepreneurs.
This event represented 10 high-tech startups with ambitious entrepreneurs bursting with ideas to launch and grow global businesses. AICY Technologies Pvt Ltd, Achievers, Mekvahan, Reffera, Ribian, Spadent India Pvt Ltd, SNAS IoT Laboratories Pvt Ltd and Aiotize belonged to various fields including Health Care, Renewable Energy, Agri-Tech, and Edu-Tech. They presented their out-of-the-box ideas to 30 investors including IP Ventures, Tech Mahindra Comviva, The Chennai Angels, GenNext Jio Funds, Reliance Industry Limited among others attended the online event and filled an evaluation sheet based on the presentations of the startups.
“It’s a great privilege to have all these investors joining our demo day. Demo day is one of the crucial events for incubators and startups as this is the test of your hardwork during the program. This allows startups to present in front of accomplished investors and get the first hand feel of what to expect in follow-up conversations leading towards successful investments. I hope we will be able to get the best investment opportunity to our startups and investors found something interesting to put their money in. We will be organizing more such events to bring together the eco-system.,” said Mr Arihant Jain, CEO, AIC-JKLU.
AIC-JKLU has been driving innovation with early age startups in various sectors. Under their 5 month incubation program, more than 30 expert mentors and other support to help startups in their journey. With selection rate at 1:10 for startups to be part of its cohort, AIC-JKLU ensures a certain quality is maintained in terms of startups incubated and graduated.
They are generally mentored by experts like Asheesh Gupta, Co-founder Samarth Elder Care, Co-founder 9.9 Group, Amit Kumar, Chief Strategy Officer, JK Group Priyank Narayan, Director Center of Entrepreneurship Ashoka University, Founder PeopleDynamic & IndiaPreneurship, Mohamad Azhar, Consultant, Villgro Foundation, Ali SadhikShaik, Director Product Management LetsVenture.