15 Startups from Odisha participated in the TiEcon Delhi 2017


Bhubaneswar: 15 Startups from Odisha participated in the TiEcon Delhi 2017, a premier Entrepreneurship Conference with theme “Dare to Dream” held here on December 15-16, 2017. The Startups belong to diverse sectors like HealthCare, IT, Biotechnology, Electronics and Services, Food Processing etc.

They got the advantage of being mentored by eminent professionals and successful entrepreneurs like Shri Hitesh Oberoi, MD and CEO Naukri.com, Smt. Padmaja Ruparel, Co-founder India Angel Network, Shri Prajakta Raut, Founding Partner Growth Labs, Shri Atul Dhawan Partner Deloitte, Shri Rajnish Kapoor, President India Operations, DMI, Shri Raman Roy, Chairman, Nasscom. The Startups got added advantage of displaying their Product and Services at the ‘Odisha Pavilion’ which MSME Department has put up at the Conference site.

Minister MSME, W & CD and SSEPD delivered a special address at TiEcon and extended invitation to Startups and Entrepreneurs to setup their business at Odisha. He stated that Odisha is moving ahead with a mission to setup 1000 Startups and with vision to emerge amongst the Top 3 Startup Hubs in India by 2020. The state has a conducive ecosystem for nurturing Innovation and promoting Startups.

While making presentation on the journey of Startup Mission Odisha during ‘Session on “Startup Revolution at the State level” Shri L.N. Gupta ACS, MSME informed the delegates that during last 9 months 152 Startups cutting across all sectors and 4 Incubators have been recognised under the Startup Odisha Initiative. He added that the 15 out of 152 Startups (10%) in Odisha are led by women entrepreneurs. Startup Odisha is providing highest benefits in the country in terms of Monthly Allowance of Rs. 20, 000 per month, Product Development and Marketing Assistance up to Rs.  15 Lakhs, and Need Based Assistance to Startups and Capital Grant up to Rs. 5 crore to Incubators.

Shri Ramesh Abhishek, Secretary, DIPP who chaired the session, lauded the efforts of Government of Odisha in promoting Startups and Innovators. Gujrat, AP, Punjab and Uttarakhand were the other States who participated in the conference.
Shri Deepak Sahoo, Founder of Arrelic Reliability Pvt Ltd, a Startup attending the conference stated that the participation in TiEcon has been beneficial in terms of opportunity for pitching to Investors, Networking with Investors and Clients and over all possibility of business enhancement. Shri Shruti Kanta Mishra, Founder, Maiestas Technologies Pvt Ltd another Startup expressed happiness about the initiative and stated that it was the best platform to showcase their product to the top players in National and International market. He added that because of the platform they have been able to connect intending co-workers and Investors.