An opportunity to Learn-Launch-Get funded
New Delhi, Jan16, 2015: IndiaQuotient, a leading investor in early stage technology based startups has shortlisted 25 startups for #MobileIQ – a platform that aims at aiding mobile startups by providing initial funding for them. 25 startups www.shippr.in;www.rentsetgo.co; www.woome.mobi;www.instano.in; www.taskbob.com;www.dishkhoj.com; www.pocketad.in;www.fitho.in; www.thezerogames.com; Pinchat (www.approximity.im), www.guiddoo.com,www.biteclub.in; www.loopymessenger.com,www.stupidsid.com, Sharingo (smartmumbaikar.com),www.tapandeat.com, www.tap-doctors.com,www.crownit.in, www.my-reach.appspot.com,www.shipeasy.in, www.eddiary.com,bikeseeker.com, HighwayDelite, www.whichapp.me, www.flynxapp.com have already registered their names for the finals.
To be held from January 16th-18th, it is a three day event that is designed on the principle of Learn-Launch-Get Funded. The top team will get on the spot funding of INR 50 Lakhs on a pure convertible note. This free of cost event is focused on identifying start-ups that build mobile-based products for masses beyond barriers of internet, language or apps.
Elaborating on the event, IndiaQuotient founder Anand Lunia commented, “ #MobileIQ is anticipated to be quite an experience for the early stage mobile startups. Our objective is to play catalyst for the startups and focus more on finding the right companies and look beyond valuations. We want ideas that focus on the untapped sectors like Finance, Healthcare, Education, Gaming, Social, small biz software, etc.”
The event is bifurcated into two stages. Stage I comprises shortlisting top 25 startups within a week of their online application. Participants must submit the MVP of their product along with team details which will be curated by IndiaQuotient’s advisory team. The event will not entertain any on the spot entries and the participants are expected to bring their own laptops and devices.
Stage II is the three day event that commences with a networking dinner with the top Startups, VCs and Mentors. The second day includes the one on one mentoring session with the top industry experts and entrepreneurs. On the last and final day, all the teams will be given 4 minutes to launch their product and 1 minute for Q&A.
The winner of the event shall be judged on the basis of Venture Description, Market Analysis, Unique Value Proposition, Competitive Landscape, Revenue Model Description, Social Impact and Team Description.CCI Newswire
