RBL Bank’s India Startup Club joins hands with Amity Innovation Incubator for ‘The Big Pitch 2.
Bangalore, October 27, 2017: RBL Bank, one of the country’s fastest growing private sector banks, has announced the second chapter of its flagship event — The Big Pitch 2.0 — which aims to strengthen the startup ecosystem in India. The incubation and funding contest will be held at Amity University, Noida, on November 17, 2017.
The coreidea behind the event is to provide startups and entrepreneurs a launch pad topitch their ideas to angel investors, business incubators, managementconsultants and advisors. The startups and entrepreneurs will get anopportunity to engage with The Big Pitch’s knowledge partners in the field offundraising, consulting, legal, technology, banking and finance, and taxation.
AmityInnovation Incubator, which has done a phenomenal job in providing incubationsupport across 17 locations in India, is the exclusive incubation partner forthe event. Well-known early-stage investors such as Matrix Partners, VentureCatalysts and Unicorn India Ventures have also come on board to explore fundingopportunities for seed and startup companies.
The firstchapter of The Big Pitch, which was held in Bangalore in 2016, generatedsignificant interest in the startup community across the country. Commenting onthe event, last year’s winning team, Fourth Ambit, aspecialist networking platform creating value across stakeholders in theeducation ecosystem, said, “RBL Bank’s The Big Pitch was a turning point in ourstartup journey which today is poised for its next phase of growth.Winning the contest was a validation of our business model and a signal to theinvestor world. We went on to raise our first round of funding of $600K, thanksto The Big Pitch.”
SurinderChawla, Head -Geography, Branch and Business Banking at RBL Bank, said, “The Big Pitch 2.0 isanother step in the series of initiatives taken by RBL Bank to partner with thestartup ecosystem to launch cutting-edge products and services in the bankingsector. The success of the first chapter inspired us to take our flagship eventto the next level. In many ways, RBL Bank functions like a startup byconstantly innovating and offering the best possible solutions to ourcustomers. It is imperative for us to support young and entrepreneurial Indianson their startup journey, and help them to achieve their goals.”
The BigPitch 2.0 will comprise 30 startups from the application pool, out of which topsix winners will have the opportunity to win curated packages from the manyevent partners.
Participantswho wish to learn more may register at http://isc.rblbank.com/the-big-pitch/