The Entrepreneurship Cell

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The Entrepreneurship Cell IIT Bombay www.ecell.in

Transcript of The Entrepreneurship Cell

Page 1: The Entrepreneurship Cell

The Entrepreneurship CellIIT Bombay

www.ecell.in

Page 2: The Entrepreneurship Cell

Achievements of E-Cell, IIT Bombay

Recognized as the Leading Entrepreneurship Body at TieCON

Received NEN Achievement award by Wadhwani Foundation

Received patronages from Startup India, Digital India, Make in India and UNESCO

Provided patronages to more than 60 E-Cells across the country

Page 3: The Entrepreneurship Cell

Eureka! fast tracks the journey from an innovative idea to a commercial success

It provides a 360 degree, holistic experience in the 5 months it spans. Right from acknowledging that your idea has potential, to mentoring, drafting a B-model to

pitching in front of an esteemed panel of investors

Asia’s largest B-model

Competition

Entries INR 50 lakhs Prize Money

B 12,000+ 50L

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Growth of Eureka over the years4500

entries

10,320entries

8848entries Agriculture track gave a new angle to Eureka

2016

For the first time, Eureka crossed 10,000 entries

2017

Prize money of Eureka raised to INR 4 Million2012

11,733entries

2019

12,700entries

Introduced total 6 different tracks during pandemic to increase opportunity

2020

Over 150 international entries

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Phase 4Phase 1 Phase 2 Phase 3

Mentoring● Declaration of Quarterfinalists

● Online Mentoring to them

Zonals EndScreening based on

Recorded Pitch

IlluminateA series of pre-Eureka!

workshopsEureka Zonals Registration

How Eureka! works?Flow of events for Asia's largest b-model competition

Phase 5 Phase 6

Mentoring● Declaration of Semifinalists

● Online Mentoring and Mentors’ Meet

Grand FinalePitching by finalists and declaration of winners

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Pre-Eureka Workshops

Illuminate

4.5/539 4kStudents Average RatingWorkshops

A series of one day long workshops on idea generation and business model creation.

These happen on a pan-India level across all our colleges associates

Statistics for 2020Deliverables for Illuminate -

1. Logo mention on Illuminate! 2021 website as Knowledge Partner2. Recognition & Logo mention as the knowledge Partner in Illuminate Posters reaching

out to more than 10 lakh students and corporates3. Logo presence on the Illuminate booklets given to all 4000+ attendees .

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Registrations 2020

150+12,700 200+Participants

from IITBInternational

entriesTotal entries

● 12,700 total entries received in Eureka! 2020

● 150+ international entries were received from various countries including

USA, UAE, Sri Lanka, Tanzania etc.

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i

Is everyone allowed to participate?

We have kept the competition free of cost and tried our best to include anyone and everyone to participate.

However, a few restrictions are as follows:

● The startup has never been externally funded

● The startup has not been incorporated for 2 year or more from the date of filling the form

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Declaration of Semifinalists

Fintech Track28 semifinalist teams were

from fintech track

Total NumberTop 140 teams qualified

where they had to draft

MVP and business model

Business Track40 semifinalists were from

business track

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1 2

Social Track27 teams were from social track,

showing an increasing trend in the

past few years.

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Declaration of Semifinalists

IITB Track10 teams were from IITB track,

Edutech Number18 semifinalists were from

basic and advances

edutech track

Covid-19 Track17 semifinalists were from

our newly launched

Covid-19 Response track

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Mentors’ Meet

Day 1 Day 2

Speaker Sessions

Distinguished speakers addressed the

enthusiastic startups

Pitching workshop2 hour long pitching workshop by

experienced mentor

Weekend 1

Day 1 Day 2

Weekend 2

Lean Startup WorkshopDay long workshop on lean startup

methodology

Upcoming Tech workshopA workshop on current and

upcoming technologies

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The teams used to get the opportunity for one on one interaction with a panel of distinguished mentors consisting of investors, venture capitalists and leading industry professionals.

Glance of Offline Mentors’ Meet

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Some distinguished mentors present at the mentors’ meet

Mentors

Kanchi DaiyaIndian Angel Network

Pratik PoddarNexus Ventures

Sushant BhatiaCaspian

Shashank Randev100x.vc

Nayan BaderMatrix Partners

Vasudha WadheraSaif Partners

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Finals

Step - 4Step - 1 Step - 2 Step - 3

Final PitchingEach finalist pitches in front of a panel of

judges in E-Summit held at IIT Bombay

ResultsWinners are announced in the

prize ceremony of the E-Summit

Finalists DeclarationTop 30 teams selected after 2nd

round of screening

Final SubmissionsFinal Business Model and Pitch

Deck submission

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Eureka 2020 Winners

Bikes24x7An online marketplace for used two

wheelers. Provides everything from

buying and selling of bikes, to hassle

free paperwork and RTO services, etc.

TEETHALINManufacture and service of clear

aligners for orthodontic treatments

and accelerate orthodontic patients

in dental clinics

1st

Business Track

2nd

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Eureka 2020 Winners

Easyinherit (Digital Inheritance Platform)A secure platform to add personal

inheritance. The person can draw a will

and add instructions for the family

member on how to manage it.

Ardour AnalyticsHelps in unlocking the cash

trapped in the supply chain by

providing continuous and

sustainable financing

1st

Fintech Track

2nd

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Eureka 2020 Winners

XOOG (Talent 3D)Kids talent discovery and enrichment

platform that aims to identify the

natural unbuilt skills. They use a mobile

app for nurturing talent in right amount

RootWorkz LearningOne stop solution that serves as a

means for acquiring knowledge

using the help of technologies

over the traditional ways

1st

Edutech Track

2nd

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Eureka 2020 WinnersSocial Track

2ndProject BiocharInfinityBox

Revolutionizing solution aimed

towards creating a circular

economy for reusable food delivery

containers.

The model aims to substitute

traditional charcoal with smokeless

biochar briquettes made out of

agricultural waste to tackle the

problem of stubble burning.

1st 2nd

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Eureka 2020 WinnersCovid-19 Track

GrroomASTRAAutonomous medical service bot.

Autonomous navigation to

destination beds in ward. Remote

wireless temperature sensors. UV

sanitised load tray.

The model aims to substitute

traditional charcoal with smokeless

biochar briquettes made out of

agricultural waste to tackle the

problem of stubble burning.

1st

IITB Track

1st

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Special Award Winner

IITB B-Plan of the year

The D Detect:

● A µTAS Lab on Chip device for the detection of vitamin D for point of care diagnostics.

● They propose the impedance based sensor coupled with enzymes as an effective tool for estimation of vitamin D.

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Winners of Eureka! 2019

Autogenerate.aiProvides an end to end SaaS solution for

fashion companies, allowing them to roll out a

variety of products to market faster.

TheApril.iOProvides an open source platform to create

the Universal Language communication

between humans and technology.

2nd1stBusiness Track

I-Stem

2nd

HAPITOHaptio is a Nanotechnology based spray

which applied once gives infection-less

and easy cleaning toilet for a month.

1st Empowers students with disabilities in

education and employment by providing a

tech-powered framework and programming

IITB Plan of the YearThe D Detect : A µTAS Lab on Chip device for the detection of vitamin D for point of care diagnostics. They propose the impedance based sensor coupled with enzymes as an effective tool for estimation of vitamin D.

Social Track

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Previous Eureka! Winners Leaf Wearables (Social Track Winners 2014)● Their wearable jewellery with technology keeps women connected and safe

● Won the million-dollar Women’s Safety XPRIZE

Zostel (Business Track Winners 2013)● India’s first backpacking youth hostel chain, and today the largest of its kind

● Acquired by OYO in 2016

Social Cops (Social Track Runners-Up 2013)● One of the 4 companies chosen by Google for its accelerator program

● They bridge the gap between policy makers and those affected by it

Greenway Grameen Infra (Social Track Runners-Up 2013)● Deal with innovative ways of energy utilization in rural areas

● India’s largest producer of green stoves today

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Past Years’ Sponsors

Past Years’ Sponsors

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Thank you!It would be a privilege associating with you

Praroop LodhaMarketing [email protected]+91 74270 23752

Looking forward to a fruitful and long lasting association

Harshit ModiMarketing [email protected]+91 63526 98962

Balbhadra DaxiniMarketing [email protected]+91 78791 19076