Excelsior Correspondent
JAMMU, Nov 8: Model Institute of Engineering and Technology (MIET), Jammu and FICCI FLO JKL, successfully organized the Jammu Kashmir Startup Conclave 2024 at MIET campus today.
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Distinguished speakers of the event were Bhuvan Gupta (co-founder and CTO of Business and OxyZo), Dr Aarti Gupta (National Head, FICCI FLO Startup Cell & Chief Investment Officer at DBR Ventures), Mahavir Pratap Sharma (Chair of TiE India Angels & Rajasthan Angels) and Dr Deepak Motwani (Principal Investor Relations, Wadhwani Foundation). They were welcomed by Prof Ankur Gupta, Director MIET.
Ruchika Gupta, chairperson FICCI FLO JKL, in her welcome address, highlighted the vision of empowering entrepreneurs within the region. She further emphasized the transformative role of FICCI FLO JKL and its ‘SheRises’ initiative, which aims to uplift and empower women entrepreneurs.
The event featured a lineup of highly accomplished keynote speakers, each bringing valuable insights to the entrepreneurial ecosystem in J&K. The speakers deliberated on solving real problems, building startups, challenges for founding teams, fundraising and scaling up the startups, providing unique insights to the audience.
In the second half of the event, Dr Arun Kumar Manhas, Director of Industries and Commerce, delivered a keynote address emphasizing the role of industries in supporting startups. Rajinder Kumar Sharma, Director of JKEDI, and G Velladurai, Joint Director of MSME, each spoke on the importance of Government initiatives and policies that foster a supportive ecosystem for startups.
The Startup Awards were a highlight of the event, with 10 prominent startups from J&K receiving the prestigious JK Startup Pride Award for their outstanding contributions. The awardees included Atomic North, RVS IT, Cabkaro, SabziNow, Curve Electric, Namhya Foods, INR Deals, Wildfloc Adventures, Waste to Health, and Nazrana. In the Early Stage Promising Startup Awards, three emerging startups were awarded cash prizes of Rs 75,000, Rs 50,000 and Rs 25,000, respectively, from a pool of 50 early-stage startups.
The elevator pitching competition held during the afternoon session in which top three winners were awarded with cash prizes of Rs 25,000, Rs 15,000, and Rs 10,000 respectively. The event concluded with a networking session where participants had the opportunity to connect with experts and industry leaders.
Other notable dignitaries present at the event included core team of FICCI FLO JKL Varuna Anand, Aarti Choudhary, Varsha Bansal, Sona Mehta, Mona Saraf, Pooja Gandotra, Nandita Bajaj, Dr Vivek Sharma, CIO IIM Jammu, Ajay Khajuria, Professor of Practice, MIET, Prof SK Sharma, Prof Sahil Sawhney, Ruchita Rane, Strategic Alliance Head & Head Territory Development J&K and Dr Ankita Nanda, Head School of Management, MIET.