16 Jan 2025|Noida | Amity University, Noida
UDYAMOTSAV-2025 Investor Network, a joint initiative by
Ministry of Education and AICTE, inaugurated at Amity University
UDYAMOTSAV-2025 Investor Network, a joint initiative by Ministry of Education’s Innovation Cell’s and All India Council for Technical Education (AICTE), was inaugurated at Amity University Noida, on the occasion of National Startup Day, by Prof. T. G. Sitharam, Chairman, AICTE, Dr Aseem Chauhan, Additional President RBEF & Chancellor Amity University Haryana, and Dr. Abhay Jere, Chief Innovation Officer, MIC and Vice Chairman AICTE. Amity University is the only University from Delhi NCR, which has been selected to host UDYAMOTSAV-2025.
Udyamotsav - 2025 is the first of its kind platform for student entrepreneurs to engage with the Investor Community to pitch their startups, raise funds and receive mentorship on business models and scaling the startups. This event is a part of National Startup Week Celebration across 14 locations in India, including Ahmedabad, Delhi-NCR, Jaipur, Bangalore, Hyderabad, Pune, Chennai, Srinagar, Coimbatore, Nagpur, Lucknow, Chandigarh, Trivandrum, and Guwahati.
Inaugurating UDYAMOTSAV-2025, Prof. T. G. Sitharam, Chairman, AICTE, “We are extremely grateful to Amity University for hosting this prestigious Investor Connect Programme UDYAMOTSAV 2025 and all the Investors who made this Programe possible. The Ministry of Education took the initiative of starting Institution’s Innovation Councils (IIC) in 14000 institutions and today it is mandatory for the institutions to create IICs, in addition to R& D cell, which itself is a cultural shift and reflects a huge a change of mindset. India is today the third largest startup capital of the world, with more than 1,50,000 startups. The event truly exemplifies the nation’s commitment to building a robust ecosystem that nurtures creativity, innovation and entrepreneurial success. The world is watching India as a rising global hub of entrepreneurship fuelled by the energy and ingenuity of our youth. Events like this are not just milestones but also catalysts for change to inspire new ideas and forging collaboration between all stakeholders. Amity University has provided support to more than 1000 startups which is incredible. Our Hon’ble Prime Minister has declared January 16th as National Start Up Day, dedicated to commemorating the remarkable achievements for the entrepreneurs. We would like to organize it every four months so that we have stronger collaboration between the investors and startups. Since 2022, AICTE is also organizing Regional IIC Meets every year, serving as a vibrant networking platform, thereby encouraging positive competition among IICs. This year we will have more than 20 regional meets starting from February 2025. AICTE is also celebrating this year as the year of Artificial Intelligence, since AI is being used in every field and without AI, we will become irrelevant. AI is here to disrupt education in a big way, therefore, the students have no choice but to have their own startups and become job givers instead of job seekers.”
Dr Aseem Chauhan, Additional President RBEF & Chancellor Amity University Haryana, stated, “We are glad to host UDYAMOTSAV 2025 and what better day to have this event than National Start Up Day. There is nothing more exciting than seeing young minds think about innovation, building companies and building the future of our country. If we want to see the great vision of our Hon’ble Prime Minister Shri Narendra Modiji for Viksit Bharat coming through, then it is the young minds of the country and their entrepreneurial spirit that will have to come to fore and we congratulate all the startups who have been selected for pitching their ideas to the investors. We, at Amity, have great passion for innovation and we have launched Amity Innovation Incubators across the country, at 14 locations and also outside the country in five locations such as Dubai, Singapore, and others. I would like to invite all the startups to Amity Innovation Incubator, and we will fast track your process at any of our Incubation Centres. We wish all the very best to all the innovators and we look forward to having many Unicorns coming from AICTE centres across the country, thereby contributing to nation-building.”
Dr. Abhay Jere, Chief Innovation Officer, MIC and Vice Chairman AICTE, said, “Today, 300 plus startups will be pitching to 90 plus investors. Through UDYAMOTSAV, our aim to connect the Startups with Investors, which will help in building a pipeline of ideas, enabling the startups to emerge as wealth creators. We have 3 school teams also who will be pitching their ideas to the investors, and some of their ideas are better than Universities also.” He further announced the launch of 50 Faculty Development Programs in Innovation and Entrepreneurship and Annual Performance of Institutions Innovation Councils activity during the year 2023-2024.
During the Inauguration, a Briefing of MIC initiatives was shared Shri Yogesh D. Brahmankar, Innovation Director, MIC and Shri. Dipan Sahu, National Coordinator, MoE and AICTE Investor Network.
Mr. Mohammed Saalim, Founder of a Startup and a participant said that his company aims to identify counterfeit products, through an app and he will pitch his idea to the investors, aiming to get a funding support of around 2.5 cr in different phases.
Mr. Shreyansh Sharma & Ms. Divya Yadav, Founders of another Startup, which deals in manufacture of smart watches for helping Alzheimer’s patients, want to expand and are looking for an initial funding of Rs 10 lakhs from the investors.
Ms. Muskan, who did a short-term programme on innovation from London School of Economics, started a company based on sustainable, fast-fashion products. She is looking for mentorship and connection support through UDYAMOTSAV-2025.
A total of 35 startups pitched to 6 investors and the pitches were evaluated based on key criteria such as market fit, scalability, team strength, financials, traction, and competitive advantage. Post-event, a dedicated follow-up process will be in place for investors and startups to continue negotiations, due diligence, and investment closures. The summit aims to close real deals during or after the event, helping startups secure the capital they need to grow.