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Yi INNOVEX showcasing young, innovative talents from Odisha concluded successfully

Yi INNOVEX showcasing young, innovative talents from Odisha concluded successfully

Bhubaneswar, 16/12/2017 ( Odisha Samachar / Abhisek Mohanty )- : Yi INNOVEX 2017 concluded with providing the most comprehensive opportunity for the Startup & Innovative community, said Chairman, YI Bhubaneswar & Director, SJ Developers Matrudatta Mishra, said.

This year, a maximum number of young entrepreneurs and Angel investors participated in YI INNOVEX 2017.

Speaking on this occasion, Chair Innovation & Entrepreneurship, Yi-Bhubaneswar Sakyasingha Mohapatra said, “This year, we provided an excellent opportunity for the start-ups of the land to directly pitch to the prospective investors. This is a first of its kind opportunity in Odisha created by YI, Bhubaneswar Chapter.”

Mohapatra highlighted that we showcased 17 enterprising start-ups and organised demo day where the start-ups were launched, and exhibited their products and services in front of the investors and audience.

Three start-up entrepreneurs from Odisha Inthinks, Emeat.in and exelinserv car service abled to impress the inverters and got a resource funding of 1 mn USD. This is a big achievement of YI INNOVEX 2017.

Chairman, Project Udyam, Yi Bhubaneswar Priti Agrawalla emphasized on the importance of social entrepreneurship in our state and stated that Project UDYAM will certainly help in the direction of producing several women entrepreneurs at the grass root level of the society.

“The response from the registered participants is overwhelming. It is also being observed that in the list of aspirants, women are leading. Around 40 women are participating in this project this yea. We did the same initiative during last year Yi INNOVEX @ Make In Odisha. We are felicitating 10 successful women from last year’s participation. This year we are providing seed funding of Rs 60,000. The women participated last year and also this year are morally very much motivated and encouraged with project UDYAM. This year, the women entrepreneurs participating in Udyam project not only showcasing their products but also selling them”, she added.

This year one of the participant company Zamura Software Technology Pvt. Ltd. a start up from Odisha which developed innovative and sustainable model for complaints and facility management facility for apartments got its first client. MD Zamura Software Technology Pvt Ltd Abanis Nayak and also the National Chair, YI Projects said, “The event gave an opportunity to interact with our prospective customers. We are happy to sign BMC Bhawani enclave as our first client.

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