Session started off on an energetic welcome note by Mr. Siva. The previous day, there was PitchFest where many investors dropped by to mentor startup entrepreneurs.

Starting with the first session on Managing Everything by D. Shivakumar, Executive President, Aditya Birla group

Consistency requires process. Getting 15000 staff to follow that process is even harder — VS Sudhakar of Bigbasket.

There was a talk by Mr. Phanindra Sama, Co-founder of redBus.

PC Mustafa, the man behind revolutionizing the Idli Dosa business kicked off the speech.

Jessie Paul, Founder and CEO of Paul Writer Strategic Advisory off stage after her wonderful session on role of marketing in an increasingly cluttered world.

In August 2018, a total of 16 deals for $405 mn closed this week. Out of this $405 mn, $225 mn have been raised by Olacabs alone from Temasek. For the last few months, data for VC investments in July 2018- as 55 deals worth $597 mn were closed.

Bharat Krishna Shankar, Chairman of Aparajitha Corporate Services had his inspiring session on win the culture — win the war.

Madan Padaki, Co-Founder & CEO of Ruban Bridge, had a motivating session

Dr Thillai Rajan presented 10th edition of the report by IIT Madras on the startup ecosystem in India, titled ‘Howzat”

1.26 Million companies were formed of which potential for VC funding ~275k . Venture-funded: 6,214 and exited: 1,624

Founded and Venture Funded: Bengaluru: 21.7%; Hyderabad: 4.9%; Mumbai: 1.9%; Chennai: 1.2% | Funded and Exited: Hyderabad: 37.5%; Chennai: 37.1%; New Delhi: 31.8%; Bengaluru: 21.2%

The first round of funding is higher in Bengaluru, but the subsequent rounds of funding don’t depend much on the location.

Someone quoted TieChennai doesn’t allow the global members to be a part of it. He noted being a part of global chapter, they don’t even include you in the local mailing list even after reaching out to them. Why?

IITMIC spearheading India’s leading #deeptech Startup Hub housed at IITM: 170+ #startups founded on science or engg. innovations / breakthroughs.

There were 2 startups, and 1 venture capital launched at the event.

Thanks for reading!