Opportunity for start-ups in public mobility, EVs, shared transport, last-mile connectivity, battery technology, automotive IoT, freight and logistics, powertrain/drivetrain and automotive electronics can pitch their ideas to industry leaders and venture capitalists for raising investments.
14 Aug 2018 | 5820 Views | By Autocar Professional Bureau
NITI Aayog has launched ‘Pitch to Move’, a mobility pitch competition that aims to provide budding entrepreneurs of India an opportunity to pitch their business ideas to a distinguished jury. Start-ups working in various fields of mobility can pitch their ideas to industry leaders and venture capitalists for raising investments. ...
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NITI Aayog has launched ‘Pitch to Move’, a mobility pitch competition that aims to provide budding entrepreneurs of India an opportunity to pitch their business ideas to a distinguished jury. Start-ups working in various fields of mobility can pitch their ideas to industry leaders and venture capitalists for raising investments. Winners of the event will be felicitated by the prime minister of India during the Global Mobility Summit.
"Pitch to Move aims to identify and incentivise start-ups, which will help the government realise its vision of Shared, Connected, Intermodal and Environment Friendly Mobility for India. The objective is to harness the latest disruption for generating employment and growth in our country. We look forward to working together with these start-ups," said Dr Rajiv Kumar, vice-chairman, NITI Aayog.
Commenting on the launch, Amitabh Kant, CEO, NITI Aayog, said that ‘Pitch to Move’ provides a golden opportunity for early and late start-ups to push their ideas to reality.
‘Pitch to Move’ is organised by NITI Aayog in collaboration with Invest India and Society of Indian Automobile Manufacturers (SIAM) as a part of a series of featured events in the run up to the main event. The Summit is scheduled to be held on September 7-8, 2018 at Vigyan Bhawan, in New Delhi.
The competition aims to identify and reward the start-ups offering innovative solutions for shared, connected, and environment friendly mobility. The start-ups can be from the domains of public mobility, electric vehicles, shared transport, last mile connectivity, passenger transportation, battery technology, automotive IoT, freight & logistics, powertrain/drivetrain, experiential, travel, mobility infrastructure and automotive electronics.
The event is planned in two rounds:
Round 1: Call for Applications (August 12-23): Participants to fill out a detailed application about their start-up on the website (http://mobilitypitch.movesummit.in/). The applications will be screened by experts from the industry and selected candidates will be called for the next round.
Round 2: The Final Pitch: (September 4 2018 in New Delhi): The participants selected in Round 1 will be called to pitch in front of a jury. Participants will be judged on various parameters and finally three start-ups will be chosen as winners.
The winners of the mobility pitch will receive support from the VCs and additionally have the opportunity to be felicitated by the prime minister on September 8, 2018 during the valedictory session of MOVE Summit.
For more details, visit http://mobilitypitch.movesummit.in