The Indian Institute of Technology (BHU) Varanasi is organizing its annual entrepreneurship festival- E-Summit’22 from 5th to 13th April 2022. The summit will conduct various entrepreneurship-oriented events, catering to audiences, including investors, new-age entrepreneurs, industry leaders, enthusiasts, and the academic community (students). It is being organized by the students of Entrepreneurship Cell (E-Cell), IIT (BHU) Varanasi under the guidance of Prof. Pramod Kumar Jain, Hon’ble Director, Prof. Vikash Kumar Dubey, Dean (R&D), Prof. Rajnesh Tyagi, Prof Incharge Entrepreneurship Cell, and Prof. R.K. Singh, Coordinator I-DAPT Hub Foundation.
E-Cell – IIT (BHU):
E-Cell is a student-run institute that acts as a symbiotic link between existing and aspiring entrepreneurs and the current startup environment to improve India’s general entrepreneurship culture. The E-Summit is an annual event at IIT(BHU) Varanasi held entirely online. The topic of this year’s summit is “Ventures of Veracity,” which serves as an inspiration for those who seek excellence and distinction by venturing down uncharted routes. These paths, risks, hurdles, and adventures are what etches these coal-like budding stars into visionary diamond entrepreneurs!
About the summit:
The events of this summit have been designed to address all aspects of business, from seasoned entrepreneurs to young blossoming learners. With shows like Shark Tank India bringing startup conversations to the masses, “Shark Tank IIT BHU” is a famous flagbearer event. This fundraising event allows 16 early-stage firms to present to a panel of prestigious Venture Capitalists and Angel Investors for seed capital of up to 10 crores.
As part of the Founder Talks, Highlight Sessions, and Creators Matrix, this fiesta will also feature a terrific line-up of known unicorn founders and eminent VCs, making this an excellent opportunity for participants to experience something new while sharpening their abilities.
The festival’s title sponsor is “WestBridge Capital,” and co-presenting sponsors are NCL IIT (BHU) Incubation Centre and I-DAPT Hub Foundation, both of which are located at IIT (BHU) Varanasi. E-Summit’22 includes over 18 events, including pitching demo days, B-Plan competitions, several upskilling workshops, case studies, mock trading, debates, quizzes, fun activities, and many more exciting events that have the potential to assist and incubate the participants, truly assisting in the revamping of the nation’s entrepreneurship culture.
In the run-up to the nation’s 100th year of independence, our Hon’ble Prime Minister Narendra Modi correctly described startups as the “backbone” of new India and the engine that will propel the nation’s economic growth on the occasion of the first National Start-up Day on January 16, 2022.
The Organization :
Prof. Pramod Kumar Jain, Hon’ble Director, IIT(BHU) Varanasi, believes that the Indian entrepreneurship ecosystem has experienced a significant boom during this pandemic period, with the Department for the Promotion of Industry and Internal Trade (DPIIT) recognizing more than 50000+ startups by 2021 and 90+ startups now in the unicorn club.
Mr. Jay Chaudhry, CEO, and Founder of cloud-based information security firm Zscaler, USA, is a distinguished alumnus (ECE ’80) of IIT(BHU) Varanasi has donated US$ 1 million to the IIT (BHU) Foundation to support the entrepreneurial ecosystem.
Prof. Vikash Kumar Dubey, Dean (R&D), IIT (BHU) Varanasi believes that entrepreneurship and startups are the future building blocks of the Indian Economy, and the Institute supports the students in promoting any activities and festivals supporting the cause.
Prof. Rajnesh Tyagi, Dean, Faculty Affairs, IIT(BHU) Varanasi and Coordinator of Technology Innovation and Incubation Center (TIIC)- IIT (BHU) Varanasi emphasizes entrepreneurial culture with several incubators – RKVY-RAFTAAR Agribusiness Incubator, NCL IIT (BHU) Incubation Center, and Cisco ThingQbator all working under one umbrella body, i.e., TIIC. It provides a collaborative and synergistic environment to nurture startups right from idea to IPO.
Dr. Rajeev Kumar Singh of I-DAPT Hub Foundation and Senior Member of IEEE, is closely involved in implementing the Data Analytics and Predictive Technologies at IIT(BHU) Varanasi. I-DAPT Hub has been actively encouraging and incubating such innovations and supporting them through DAPT-oriented competitions included in E-Summit.
Collaborations:
E-Cell collaborates with major firms like Amazon Web Services, Microsoft for Startups, Zoho for Startups, and Freshworks for Startups, providing startup support credits worth more than INR 60 Lakhs to eligible startups VCs like 100X.VC, Inflection Point Ventures, Kae Capital, and Huddle are attending the fundraising event. E-Summit is all set to provide a stage to young aspiring entrepreneurs, network with esteemed mentors, VCs, and angel investors, and also get a chance to raise their first seed round.
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