NTT Com-Netmagic announced the top three winners of its Startup Challenge Finale 2019. This championship was held under the theme ‘Bringing Innovative Future’.
The objective of this initiative is to support the startup ecosystem in India and help scale-up or leverage the businesses through an alliance with NTT. TiE Mumbai partnered in this pan India start-up challenge, powered by NTT Com-Netmagic, to enable this championship with the sourcing and evaluation of over 300 start-ups from various technology domains like IoT, Big Data, Blockchain, AI, Drone Technology, Security, and many more.
The shortlisted top 15 start-ups, for the final round pitched their innovative business plans on-stage in the area of IoT, Big Data, Blockchain, AI, Drone Technology and Security. The three winners were selected basis their idea, presentation and scalability. Loktra Fintech was awarded first place for its pioneering work in the field of lead management. Innovision, the creator of Braille Me, an affordable smart braille display was the first runner up. DronaHQ, a digital enablement platform was declared the second runner up. The winners were awarded US $15000, US $8000 and US $5000 respectively.
Sharad Sanghi, Managing Director and CEO, NTT Com-Netmagic, said, “The Startup Challenge powered by us empowers the start-up businesses to drive innovation across the technology spectrum. It was indeed a great experience exchanging ideas with the founders of some prominent technology ventures and understanding their vision for an innovative future. NTT Com-Netmagic aims to guide and mentor them in their journey towards success.”