BML Munjal University (BMU) successfully hosted Propel Pitchfest25, the flagship annual event organized by the ACIC-BMU Foundation (ACIC-BMU). This initiative, in collaboration with Atal Innovation Mission (AIM), NITI Aayog, brought together some of India’s most promising entrepreneurs, investors, and industry leaders, further solidifying BMU’s commitment to fostering innovation and entrepreneurship.
A Platform for Emerging Startups
With a substantial investment pool of USD 1 million (₹8+ Cr), supported by the Start-up India Seed Fund Scheme (SISFS) and the MeitY GENESIS Scheme, Propel Pitchfest25 provided critical financial support to emerging ventures. The event attracted startups from various sectors, including Deeptech, Medtech, Textile Innovation, Sustainability, and Social Impact, all of which showcased groundbreaking solutions to pressing industry challenges.
Investor Participation and Support
The event saw an impressive lineup of investors, including:
- Indian Angel Network
- India Accelerator
- Pontaq VC
- Sanchi Connect
- Foxhog Ventures
- JITO
- Campus Fund
- Campus Angels
- Agility Ventures
- Fluid Ventures
- RTAF
- She Capital
- Lead Angels
- Inflection Point Ventures
- Indian Healthcare Angels
- Venture Catalysts
These investors played a vital role in identifying and supporting high-potential startups, offering not just financial backing but also strategic mentorship and networking opportunities.
A Launchpad for Innovation
During the event, ACIC-BMU Foundation CEO, Mr. Davinder Singh, emphasized the significance of Propel Pitchfest25 as a catalyst for entrepreneurial success. He remarked, “Propel Pitchfest25 is more than just an event; it is a launchpad for innovation and a catalyst for entrepreneurial success. Over the past, we’ve been at the forefront of supporting innovators across different sectors or industries. Through our programs and support, we’ve proudly nurtured more than 70 startups, catalyzed the creation of 500+ jobs, and facilitated investments. Our mission at ACIC-BMU is to nurture ground-breaking solutions that drive meaningful change, and this event is a testament to that commitment.”
The event also showcased the achievements of startups supported under the Startup India Seed Fund Scheme, highlighting their contributions to India’s innovation and entrepreneurial landscape.
Launch of the Singapore India Startup Corridor Program
One of the key highlights of Propel Pitchfest25 was the launch of the Singapore India Startup Corridor Program, an initiative aimed at strengthening innovation ties between the two nations. This program seeks to provide market access and networking opportunities to Indian startups, facilitating cross-border collaboration and opening new avenues for growth.
Beyond Funding: Mentorship and Skill Development
Propel Pitchfest25 went beyond financial investment by offering an enriching experience for student entrepreneurs. Participants benefited from:
- Masterclasses conducted by industry experts on refining business models.
- Boot camps designed to equip startups with the tools necessary for growth.
- Investor clinics where seasoned investors guided startups on attracting investments and scaling their ventures.
This holistic approach ensured that startups not only received funding but also acquired the necessary skills and insights to thrive in the competitive market.
Championing Inclusivity in Entrepreneurship
A standout feature of Propel Pitchfest25 was its focus on inclusivity. The event featured dedicated tracks for women-led and student-founded startups, ensuring equal opportunities for all innovators. This commitment to diversity underscores ACIC-BMU’s dedication to creating an equitable platform where groundbreaking ideas can flourish, regardless of background.
A Future-Oriented Initiative
Propel Pitchfest25 reaffirmed BMU’s and ACIC–BMU Foundation’s vision of fostering a dynamic entrepreneurial ecosystem in India. By bringing together investors, mentors, and startups, the event laid the groundwork for future collaborations, investments, and innovations.
With its impressive scale and impact, Propel Pitchfest25 stands as a testament to the power of entrepreneurship in driving economic and societal change. As the event continues to grow, it promises to be a crucial enabler of India’s startup ecosystem, empowering emerging businesses to reach new heights.