BITS Pilani presents the 16th edition of the 'Conquest' starter
NEW DELHI: Launched its 16th edition with the vision of helping more than 1,000 startups across the country succeed. Widely regarded as the country's first student-run startup accelerator, this initiative is backed by people like Canbank VC, Accel Partners and WeWork.
Winning entries can win a capitalless cash prize of Rs 50 lakh and a guaranteed investment of up to Rs 50 crore from the event's investment partners.
The top 10 event start-up ideas would undergo a 10-day, all-expenses-paid mentoring program in the country's tech capital Bengaluru, with investment workshops from leading firms like Accel Partners and Blume Ventures, along with sessions of World-class networking with successful founders and prominent CEOs from across the country, including Suvonil Chatterjee from Ola Cabs, Abhishek Nayak from Accel and Anuj Rathi from Swiggy, among others.
The event would conclude with the grand finale where founders would present their startup ideas before some of the country's largest venture capital funds presented to leading investors such as Dev Khare of Lightspeed, Shanti Mohan of LetsVenture, Sanjay Nath of Blume and Barath Shankar de Accel, among others.
Mayank Singh, CEO of Conquest, said: “While building Conquest, we wanted to give anyone with a passion for creating solutions and building big business a platform to grow. In 16 years since its inception, we have been very close to having all the cards that propel them to the top, and each year is a step forward in achieving that vision. ”
While Mayank co-leader Kartikeya Gupta observed: At Conquest, we believe in nurturing the startup ecosystem with the best knowledge and resources to direct your journey to the top.
In the past, this startup accelerator backed by the BITS Pilani Business Leadership Center has had success stories like SocialCops, which was hailed by Prime Minister Narendra Modi and which YourStory has recognized as the most impactful Startup of 2017. One of The show's final finalists, Trell, raised $ 4 million and is currently valued at $ 19 million. Another finalist, XWards has received Rs million in funds.