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Uttarakhand Startups to be Offered Z Nation Lab Funding via Khoj

Thiruvananthapuram: Z Nation Lab, in partnership with TIDES, IIT Roorkee, will host Khoj, a startup search event at Roorkee on October 1. Khoj has invited startups from Uttarakhand to apply for the one-day event, where participants will get an opportunity to pitch their products and interact with the mentors and investors from Z Nation Lab.

As a screening process, 15 startups from the applicants will present the investors panel at the KHOJ event.  TIDES is the Technology Incubation and Entrepreneurship Development Society to promote innovation and entrepreneurship at IITR.

The winning startup will get a free entry to Z Nation Lab startup Bootcamp program in Mumbai. Besides, the winner will also  be provided with virtual mentorship and scale-up advice  from subject matter experts at Silicon Valley.

Startups passing from the Bootcamp program in Mumbai will get a seed funding of Rs 30 lakh from Z Nation Lab, the company said. This apart, cash credits by Amazon web services,  Paytm, Microsoft, IBM Watson, Sendgrid, Mail Chip, Google  will also be part of the prizes.

Follow on investment will be offered from early stage VCs and Angel Networks on the Z Nation Lab Startup demo day, it added.

KhojNeha Jain, Director, Z Nation Lab said, ‘Khoj is an initiative by Z Nation Lab that aims at revolutionalizing the startup eco system especially in tier II cities in India. We have conducted similar startup search events as Khoj initiative across multiple cities in India and have till date accelerated and funded about 15 Startup Entrepreneurs in last one year’.

Manish Shrikhande, DEAN Incubation & Innovation – IIT Roorkee said ‘Khoj 2017 is a unique opportunity for budding entrepreneurs to pitch their innovations and find mentorship from both Academia and Industry to turn ideas into successful ventures. The event is one of its kind in Uttrakhand where ecosystems of TIDES IIT Roorkee and Z Nation have come together to support entrepreneurs in Uttrakhand and western UP regions’.

Startups can register here.