BML Munjal University’s Propel Pitchfest25 Showcases Ground-breaking Innovations, Fuelling India’s Start-up Ecosystem – APN News
Gurgaon: BML Munjal University (BMU) proudly presented Propel Pitchfest25, its flagship annual event, with great success. Organized by the ACIC-BMU Foundation in collaboration with Atal Innovation Mission (AIM), NITI Aayog, the event was held at BML Munjal University, creating a vital platform for India’s forward-thinking entrepreneurs, investors, and industry leaders.
The event boasted an impressive investment pool of USD 1 million (₹8+ Cr), made possible through the generous support of the Start-up India Seed Fund Scheme (SISFS) and the MeitY GENESIS Scheme. This financial backing plays a crucial role in nurturing emerging ventures across various sectors.
The range of startups at the event was diverse, encompassing areas such as Deeptech, Medtech, Textile Innovation, Sustainability, and Social Impact. This variety highlights the dynamic and vibrant nature of the start-up ecosystem in India.
A notable assembly of investors participated, including renowned entities such as 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, and Venture Catalysts. Their presence underscores the high level of interest and support for innovations emerging from this ecosystem.
During the event, Davinder Singh, CEO of the ACIC-BMU Foundation, expressed, “Propel Pitchfest25 is more than just an event; it is a launchpad for innovation and a catalyst for entrepreneurial success. Over the years, we have been at the forefront of supporting innovators across different sectors. Through our programs and support, we’ve proudly nurtured more than 70 startups, catalyzed the creation of over 500 jobs, and facilitated significant investments. At ACIC-BMU, our mission is to nurture groundbreaking solutions that drive meaningful change, and this event is a testament to that commitment.”
The Propel Pitchfest25 offered not just funding, but also valuable opportunities for growth and development beyond financial support. Student founders gained significantly from masterclasses, boot camps, and investor clinics, where industry experts provided guidance on refining business models, attracting investments, and scaling innovations.
A key highlight of the event was the launch of the Singapore India Startup Corridor Program. This initiative aims to foster innovation between the two nations, providing essential market access and networking opportunities to Indian startups, thus further enhancing their potential to thrive on an international stage.
Inclusivity in entrepreneurship was also prominently featured at the Propel Pitchfest25. The event included dedicated tracks for women-led and student-founded startups, ensuring a diverse and equitable platform for all innovators. This approach promotes a wide range of perspectives and solutions, enriching the entrepreneurial landscape.
Overall, the Propel Pitchfest25 at BML Munjal University set a remarkable precedent in showcasing and supporting innovative ventures. Its impact on India’s startup ecosystem, especially through cross-national collaboration and inclusive practices, marks a significant stride towards a future filled with endless possibilities.
