Mangaluru, Feb 08, 2019 : Mr. Aashish U S of Sahyadri College final year Electronics and Communication Engineering and Mr. Prajwal Shetty of second year Mechanical Engineering students also the interns of DTlabz and DTi Labz Private Limited participated in a Startup Hyper-Accelerator programme at Innovation and Entrepreneurship Centre in IIT Gandhinagar at Bangalore.
IIT Gandhinagar Innovation and Entrepreneurship Center (IIEC) is promoted by IIT to implement the overall strategy of incubation, IP management, commercialization and to implement entrepreneurship and innovation development programs.
The Five-Day Hyper accelerator program was an opportunity for technology start-ups to understand the investors’ perspective and an intense program for understanding the topics like Market Validation, Lean Business Models, Fund Raising Techniques, Valuation, Pitch Deck, Due diligence, Term Sheets, Sales and Marketing Plans, Strategic Planning, Intellectual Property, Negotiation and Exit strategy.
On the final day, Mr. Aashish and Mr. Prajwal Shetty received an opportunity to pitch their startup and the product Dream Kit to 3Lines Venture Capital and IITGN Boeing India Start Up Challenge jury panel. The team has been selected in the top 5 start ups shortlisted to participate in the Boeing India Start Up Challenge at the national level. The students were supported and completely funded by DTlabz to attend this event. Students had a great learning experience and national exposure throughout the event.