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A golden chance for startups to raise a funding of ₹2 million in just 10 minutes at IIT Bombay’s E-Summit 2021

A golden chance for startups to raise a funding of ₹2 million in just 10 minutes at IIT Bombay’s E-Summit 2021
Business2 min read
E-Cell IIT Bombay is hosting the seventh edition of ‘The Ten Minute Million’ Challenge as a part of its annual flagship event - The Entrepreneurship Summit on 6th and 7th February 2021. Popularly known as TTMM, it aims to provide early-stage start-ups with an opportunity to cut short the fundraising process and revolutionize how fund-raising is traditionally viewed.

The previous six editions of TTMM have witnessed an overwhelming success. With 1 out of every 2 startups winning investors’ praise with their pitches and investment worth millions for every successful pitch, the event has received wide acclaim from experts and the media.

This year in the online edition, E-Cell IIT Bombay gives you a chance to witness live pitching by some of the country’s finest startups. “We’ve tried to revamp the popular reality funding show, ‘Shark Tank’ in our own desi way and customized it according to the needs of the Indian startup industry to promote innovation and growth in the country. As students of a premier institution, we see ourselves as light-bearers to this era of disruption and try to do our best to achieve the common goal of self-reliance. ” - said Tavishi Jatrele, Media Head at E-Cell IIT Bombay.

A similar event called ‘Seed Stars’ is also open for newer startups looking for significant venture capital funding to scale the product across different markets and further optimize the user base and product offerings. It provides the young entrepreneurs with an opportunity to pitch to a renowned panel of investors and negotiate to accelerate and grow their business. Registration for Seed Stars ends on the 29th of Jan 2021, so hurry up if you feel your startup idea deserves to be funded. Register at https://www.ecell.in/esummit.

E-Summit is a fest to celebrate the spirit of entrepreneurship and has a range of events from speaker sessions and workshops to competitions and hackathons, enough to cater to the needs of all the curious minds out there. With jam-packed electric events and energetic attendees with some of the brightest ideas ever, the E-Summit 2021 on the 6th and 7th of February is a must-attend event for everyone who likes great ideas!

So what are you waiting for? Book your calendars already!

Business Insider is the Insights Partner for the summit.

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