IIT-Mandi Catalyst shortlists 60 startups for aid

Mandi, September 18

IIT-Mandi Catalyst, the first technology-based incubator in Himachal Pradesh, concluded the third edition of its annual flagship event, Himalayan Startup Trek (HST), on September 14 and 15 at Kamand.

The event aims at bringing together stakeholders of the startup ecosystem and provided young entrepreneurs a platform to express their ideas for incubation support and fund raising.

Professor Timothy A Gonsalves, Director, IIT Mandi, said more than 270 teams applied for HST 2019. A total of 60 teams were shortlisted.

“During the event, various tech/business talks were delivered by eminent speakers. Panel discussions, one-on-one meetings and ‘speed dating’ were also organised between the startup teams and experts.

He said operational startups that had prior experience got a chance to meet investors to raise funding. Ideas ranging from agriculture, waste management, climate change, renewable energy, road safety, disaster management and healthcare sectors were presented and discussed. — TNS