EMERGING TECHNOLOGY NEWS

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STARTUP

The Global Startup Outreach Program

Boosting innovation through startup initiatives

A

cording to a report on ‘Indian Tech Startups Ecosystem’ (NASSCOM, November 2019) the Indian startup scenario continues to expand with a healthy mix of sectors. The report highlighted that Ed-tech, Fintech, Mobility, Automotive and Healthcare were the top five sectors growing at an incredibly fast pace in India. Acknowledging the need to promote innovation in the e-mobility, energy storage and emerging technologies space and to further propel India’s drive towards a greener future, India Energy Storage Alliance (IESA) on November 6, organized the Global Startup Outreach Program in association with United Nations Industrial Development Organization (UNIDO) for startups in the e-mobility, clean energy, energy storage and clean transportation sectors. The program was a part of India Energy Storage Week 2020 (IESW 2020), IESA’s 7th annual international conference and expo on energy storage, electric vehicles and microgrids. The event was supported by Invest India, Startup India,

TiE Global, New Energy Nexus, MeitY start up hub and VJTI-TBI. IESA has held several startup pitches, organized competitions and innovation pavilions since 2013 as part of its annual flagship event, and it has worked with 35+ startups in this space. For the Global Startup Outreach Program held this year, IESA

received more than 30+ nominations from emerging startups from the field of clean energy, energy storage, energy management, and electric mobility, out of which 12 were shortlisted to present the startup pitch based on their unique quotient, innovation, R&D initiatives among other things.

The 12 shortlisted startups Dhanvantri Bio Medical (bio-medical category) Green Evolve Private Limited (EV charging category) Magnes Motor (EV category) Mojo Green (EVcharging category) NavAlt Solar and Electric Boats Private Limited (E-boats category) Vflow Tech (Energy storage category)

Each startup got to present their pitches to jury and explain the product/service worthiness. The jury board after assessing the 12 startup pitches selected three winners: Minion Labs Pvt Ltd,

| November-December 2020

Godi India (Energy storage category) Jeevtronics (Alternate energy category) Minion Labs India (Energy management category) Nanospan Energy Storage Solutions (Energy storage category) Sand Bird (Agritech category) Wenergie Eco Works (Energy management category)

NavAlt Solar and Electric Boats Pvt Ltd and Jeevtronics. The winners will receive a complementary IESA membership for a year and mentorship from IESA Leadership Council.


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