IIM Kashipur FIED and Ministry of Agriculture Organised Entrepreneurs Conclave in Uttarakhand in which over 100 Startups participated in Startup Expo.
IIM Kashipur FIED (Foundation for Innovation and Entrepreneurship Development) has incubated more than 140 startups and out of these about 50 startups have crossed the INR 320 Cr mark with 1200 employment generation.
FIED organised 7th edition of Uttishtha 2023 – Annual entrepreneurship Summit. This initiative supported by Ministry of Agriculture and Farmers Welfare, Government of India, aims to bring socio-economic value in the Uttarakhand’s entrepreneurship ecosystem by enabling the raw entrepreneurs to see big dreams. This Unique and successful initiative of IIM Kashipur is getting eyeballs in India as the 2023 season has listed over 100 startups and nearly 20 VCs are keen on investing. Day 2 of Uttishthan 2023 witnessed the Investors Meet and Entrepreneur’s Conclave.
Prof Kulbhushan Balooni, Director, IIM Kashipur said: “IIM Kashipur’s FIED platform has gone to a big level especially the ‘Uttishtha’. We are creating socio-economic impact in the home state by promoting the entrepreneurship with the support of state and central government. FIED team has incubated 140 startups and out of these about 50 startups have crossed the Rs. 320 Cr mark with 1200 employment generation. We have identified the right talent of entrepreneurs and provided them the 360 degree support for creating successful case studies.”
During the pitching sessions, Uttarakhand-based startups made presentations to the VCs. HimMadhu, AI-MRI, MyPahadiDukan, TheFitBread, FLAAR, Vikalp Herbals, GeeComIndia, PahariHaat, SuperFarmers, and many more presented marvelous business ideas that impressed the investors and other stakeholders.
Prof. Safal Batra, Director of FIED said, “The 7th edition of Uttishthan has taken the big leap by generating the interests of some significant investors. Our constant efforts, passion, perseverance and willingness to take risks and empower entrepreneurs has really made this event bigger in the Uttarakhand state. IIM Kashipur stands tall nationally by hosting such platform in the Uttarakhand state. We have seen incubators going in exterior and remotest places in the state to identify the entrepreneurs with unique business ideas who can represent the future of Indian Business.”
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Abhay an alumnus of IIMC and Delhi University, has over a decade long experience of reporting on various beats of journalism. During his free time he prefers listening to music or play indoor and outdoor games.