‘Entrepreneurship & start-ups future bldg blocks of economy’

Varanasi: The Entrepreneurship Cell (E-Cell) run by the students of IIT (BHU), Varanasi under the aegis of Ideation Innovation & Incubation (I-3) Foundation is organizing the annual entrepreneurship festival- E-Summit’23 from January 6 to 8 featuring a wide variety of entrepreneurship-oriented events and catering to audiences across the board including investors, new-age entrepreneurs, industry leaders, enthusiasts, and the academic community.
Prof Rajnesh Tyagi, Prof in-charge, E-Cell informed that IIT BHU Foundation is the principal sponsor along with Bank of Baroda as associate sponsor. Microsoft, AWS Activate, Clevertap, and FreshWorks are the startup services partners for the summit.
The E-Cell is also collaborating with major firms like Amazon Web Services, Microsoft, Zoho, and Freshworks for providing startup support credits worth more than Rs 60 lakhs to eligible startups, and VCs like 100X, Pavilion Fund, Maverick Angel Syndicate, Auxano, The Venture Folks, Pedalstart, LetsVenture and YourNest Venture Capital will be attending the fundraising events.
He further informed that E-Cell is devoted to act as a symbiotic link between the existing or aspiring entrepreneurs and the current start-up ecosystem to enhance the overall culture of entrepreneurship across India.
The theme of this year’s summit is ‘Augmenting Ambitions’, an inspiration for adventurous souls to drive on untrodden paths with the wheels of innovation in the pursuit of excellence and distinction. This extravaganza will also feature an amazing line-up of renowned unicorn founders, eminent VCs, and prominent designation holders of leading companies across India.
IIT(BHU) director Prof. Pramod Kumar Jain said that during the pandemic period, the Indian entrepreneurship ecosystem has witnessed a major boom as more than 80,000 startups are being recognized by the Department for the Promotion of Industry and Internal Trade (DPIIT) by 2022, and over 100 startups are now in the unicorn club. The dean (R&D) Prof Vikash Kumar Dubey said that entrepreneurship and start-ups are the future building blocks of the Indian economy.