Startups

6 Leading Startups Compete For Funding At The 10th Edition Of Young Turks TiE The Knot

Read more at bwdisrupt.businessworld.in

Driven by MG Motor India, the TiE Delhi-NCR initiative aims to fund high-potential entrepreneurs & innovators in the startup ecosystem. Bambrew Plant Fiber Technology Private Limited, BotLab Dynamics, MOPP Foods Pvt Ltd, Singularity Automation Pvt Ltd, Superpro.ai, Trillbit made it to the final round of the coveted programme

January 25, 2021: Building on its mission of facilitating growth and scale for budding start-ups, TiE Delhi-NCR, will host the 10th edition of its much-anticipated initiative, Young Turks TiE The Knot, at the Resurgence TiECon Delhi-NCR 2021. Driven by MG Motor India  yet again this year, this will be 1st ever virtual edition of the programme.

Aimed to support innovative ventures disrupting various sectors with their offerings, the platform gives curated start-ups an opportunity to pitch their ideas and acquire on- spot investment commitments.  Shortlisted startups that will compete for funding this year include Bambrew Plant Fiber Technology Private Limited, BotLab Dynamics, MOPP Foods Pvt Ltd, Singularity Automation Pvt Ltd, Superpro.ai, Trillbit.

Speaking on the occasion, Gita Dang, Board Member, TiE Delhi NCR, said, “Now in its 10th edition, our flagship initiative, TiE The Knot has helped give wings to high potential & innovative ventures. What differentiates this platform from others, is that start-ups pitch ideas to leading investors & stand to get investment commitments, all in real-time and on TV! MG Motor has been associated as an ecosystem partner since the past 2 years & we are delighted to have their strong support towards TiE The Knot 2021.”

Speaking on the development, Gaurav Gupta, Chief Commercial Officer, MG Motor India said, “Today, MG is making rapid strides when it comes to building an ecosystem of CASE (Connected, Autonomous, Shared, and Electric). We believe that startups play an integral role in such developments as they are based on the very foundation of disruption. All they need is the scale to realize their true potential. TiE Delhi-NCR is doing a fabulous job by becoming a platform wherein startups and industry players can join hands, thereby bringing about real transformations on the ground.”

In its 3rd year of MG Motor’s association with TiE The Knot, MG Motor introduced the MG Developer Program & Grant in association with TiE Delhi-NCR. The goal of the grant is to support innovators and developers creating futuristic mobility solutions in India.

Apart from valuable funding to further the endeavours of their brand, TiE The Knot participants also received coveted mentoring from leading investors in order to perfect their pitch and enhance their offerings.

Read more at bwdisrupt.businessworld.in

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