CIE-IIITH's Demo Day pitches 15 startups to investors
All 15 startups garnered interest from 35 angels, VCs and corporates and conversations are on
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Hyderabad The International Institute of Information Technology, Hyderabad, (CIE-IIITH), organised its biannual Demo Day where 15 startups from various programs were pitched to over 30 investors here on Friday.
Prof Ramesh Loganathan, COO, CIE-IIITH, said, "We are Happy to see good results in total 25 accelerated startups in the past 5 year where Few startups had raised series A+ funds at very high valuation (BlueSemi, DreamVu) and some even got acquired".
CIE-IIITH's Demo Day showcases startups from its Avishkar-DeepTech, Ojas-MedTech accelerator programmes as well as product labs' startup seeding which spread across various solution realms from IOT-AI for Industrial automation, CV based game data analysis, AR-VR based virtual meeting platforms, drone based surveillance, surveying etc.
The accelerator programmess offer up to 40 lakh seed funding, and technology help through research labs of IIITH, along with strategy and GTM advisory leading up to initial customer traction. The startups are from varied technologies like AI/ML, CV, NLP, Dronetech, AR/VR, working in various domains of manufacturing, data analysis, surveillance, virtual meeting platforms, asset tracking. Investors included SucSeed Indovation Fund, Kalaari, Venture Catalyst, Mumbai Angels, IAN, HA, Blume Ventures, Endiya Partners and Corporates such as Microsoft, Biocon, TCS, GMR, ICICI attended the Demo Day.
Participants include seedstage startups like Intech Harness Pvt Ltd, Matchday ai, Vyomik Innovations Pvt Ltd, early/angel stage startups like HomeGround, Seethos India Private Limited, Machstaz, NextMeet - WorkingBot Technologies Pvt Ltd, Nexmatics Private Ltd, Domain: IoT Start up showcase are DreamVu, BlueSemi RnD, Sublt.AI, Apxor, Arka Aerospace and Marut Drones.
Till date CIE-IIITH, a 13-year-old incubator, along with DST, MEITY & DBT, supported 400+ startups, seed funded 25 startups and further focussing on infrastructure facilities, programmes and start-up engagements in order to build a deeptech startup ecosystem.
