10 Indian startups won RBL Bank’s ‘The Big Pitch 2.0’ contest

As many as 10 Indian startups have won the RBL Bank's startup contest called The Big Pitch 2.0 organised to strengthen startups ecosystem in India

Must Read

How AI monitoring can make your business smarter and better

Artificial Intelligence (AI) makes it feasible for machines to learn from experience, adapt to new inputs, and perform human-like tasks.

Why cybersecurity threats have increased during Covid-19 pandemic

Cybersecurity industry has never had more significant task to carry out than guarding strategic associations and businesses from digital assaults during the coronavirus pandemic

How to choose an effective DDoS mitigation plan

There are several flavours from which to choose when selecting an effective DDoS mitigation strategy. Most enterprises opt for one of the cloud protection flavours (always-on or on-demand)

As many as 10 Indian startups have won the ’s startup contest called The Big Pitch 2.0. According to a statement, the Big Pitch 2.0 — aimed at strengthening the startups ecosystem in India. It provides startups and entrepreneurs a platform to pitch their ideas to angel investors, business incubators, management consultants and advisors.

In a statement RBL said that the grand finale commenced with a mentoring session by knowledge luminaries such as Grant Thornton, Luthra & Luthra, NPCI, RBL Bank BAAS (Banking as a Service), IndiaFilings and SalezShark. The prospective startups presented their business models and were in turn rated by the mentors for their ideas, presentation and scalability. The startups received insights from industry veterans, including funding partners such as Indian Angel Network, Amity Capital and Matrix Partners.

Post-evaluation, the mentors handpicked 10 winning startups who were awarded trophies and a bouquet of benefits that included free consultation with Grant Thornton and Luthra & Luthra; free credits from Digital Ocean; one-year ledger software license from India Filings; three- month CRM license from salezshark; Alpha Card from F6S with deals worth $1 million, winners profiling by BW Disrupt; and preferred pricing on APIs by RBL Bank.

The 10 finalists; FullTank Technologies, LittlePixi, SocioGraph Solutions, Team Rentezee, Tnine, GalaxyCard, ilove9months, NDAX, Loktra and Veda Labs were selected for funding and incubation opportunities. These companies demonstrated innovative solutions such as unique business models like Use of in improving sales, app based credit cards and blockchain based asset exchange.

“At RBL Bank, we have been committed and focused on serving the dynamic needs of the start-up ecosystem right from ‘seed and development’ to ‘maturity’. The Big Pitch 2.0 – a one-of-a-kind start-up incubation event that was held for the second year in succession, gave potential startups a robust platform to seek advice from professionals, articulate ideas behind their business models and gain access to funding for their proposed ventures. I am delighted that RBL Bank’s The Big Pitch 2.0 and India startup Club (ISC) has been catalytic in introducing startups to reputed mentors and encouraging them to achieve their entrepreneurial goals,” said Surinder Chawla, Head – Geography, Branch and Business Banking, RBL Bank.

Subscribe to receive the day's headlines from Tech Observer straight in your inbox

Share your views

*The moderation of comments is automated and not cleared manually by techobserver.in. Embedding of any link and use of abusive or unparliamentary language are prohibited.
- Advertisement -

Latest in TECH

Related Articles