Bangalore: American Bazaar, the Washington D.C.-based publication covering happenings related to Indian American, conducted its inaugural startup awards competition in New Delhi and Bangalore. IITians won the competitions held in both Bangalore and New Delhi. IIT Madras mechanical engineering student Daniel Raj David, who co-founded DeTect Technologies, emerged as a winner in the competition held in Bangalore while Kartik Nanda, who founded Sollink Systems LLP and a graduate of IIT Kanpur, was declared the winner of the startup competition held in Delhi.
As per American Bazaar, the completion in New Delhi was held on 01 September 2016 whereas the competition in Bangalore was held on 3 September 2016. DeTect Technologies, an IIT Madras-incubated company, builds technology to perform intelligent asset management for the industries through sensors and drones. Here, it can be mentioned that DeTect has a team of 30 IIT students and alumni.
Sollink Systems LLP, the winner in the Delhi competition, helps small residential customers to design, order and manage their solar installations. The D.C.-based publication will announce the winner of the online business plan competition later this week. American Bazaar on its portal informed that both winners David and Nanda will be flown to the United States, along with the winner of the online contest to pitch before a large group of investors and raise funds.
Around 30 startup founders took part in the elevator pitch contest in the two metro cities. The judging panel of the competitions was led by Dr. Satyam Priyadarshy, head of TiE DC and other members included US investors who attended the Startup Forum.
In Delhi, the keynote addresses were delivered by Niti Aayog CEO Amitabh Kanth and US-India Business Council President Dr. Mukesh Aghi. In Bangalore, the keynote address was delivered by Richard M. Rossow, the Wadhwani Chair at the Center for Strategic and International Studies in Washington, DC.
The American Bazaar is a property of American Bazaar Inc., a company based in the Washington, DC, area. The publication covers all happening and trends related to Indian Americans.