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BANGALORE, INDIA: Startups Club announced the kick-off of their year-long event, Demo Day 2016. In 2015, Demo Day was an annual event; In 2016, the entire year will be an event.
The 4th edition of Demo Day will take place across 10 cities and provide early stage startups with the opportunity to attend boot camps, meet investors, secure funding and win prize money.
A pan-India hunt for startups, Demo Day simplifies the process of meeting with investors one on one, to pitch ideas directly, get validated and get funded. For participants it is a platform for sharing ideas, networking with industry veterans and reaching potential Seed and Angel investors. Visitors can listen to the thought leaders of the ecosystem, network with entrepreneurs and observe the trends in the startups world.
Demo Day will be hosted in Bangalore, Chennai, Hyderabad, Coimbatore, Mumbai, Delhi, Pune, Kochi, Ahmedabad and Vizag. Each city will have local startups presenting their ideas and one winner from each city will win prize money of Rs. 1 lac.
These top 10 winners will then participate in the Chennai finale in December 2016, where they will present their ideas to a prestigious panel of Investors, Mentors and Entrepreneurs. The national winner will be awarded with a Grand Finale Prize of Rs. 5 lacs plus many tools as support system.
“Demo Day is a platform for a cherry-picked set of startups to pitch to a set of investors to possibly raise funds. Demo Day 2016 promises to be bigger and better, with over 1500 attendees across locations and participation from around 100 startups. ” said Salma Moosa, Core Organizer, Startups Club.