VentuRise 2022: A recap
VentuRise 2024: Live
Silver Sponsor
State Partner
(Dept. of E, IT. BT and S&T)
Strategic Partner
Ecosystem Partner
Research Partner
Does your startup excel in these
champion sectors?
Electronics Systems Design
& Manufacturing (ESDM)
ELIGIBILITY CRITERIA
Startups with an innovative, scalable product or solution in the following areas:
- Semiconductor Manufacturing
- Embedded Systems
- IoT Devices
- Wearable Technology
- Consumer Electronics
CHALLENGE STATEMENTS
IOT/AI-Based Electronic System for SMART CITY+
Any Solution that can support:
- Improvement in Energy Savings to make city green to reduce carbon footprint (Alternate Energy/Smart Control)
- Improvement in Traffic management and reduction in pollution levels
- Smart utilities for effective utilization of resources.
Requirement from the participating company:
- They need to present an architecture-level block schematic of the proposed solution in 45 days
- Have the capability to demonstrate a Proto sample or POC in 120 days.
AI-Driven Smart Grid+
Implement AI and ML for reporting transmission losses in national power distribution represents a significant advancement towards a more efficient, reliable, and cost-effective power grid. This proposal outlines a robust framework for leveraging cutting-edge technologies to address one of the critical challenges faced by the energy sector today.
AI-based Smart water management and distribution system.+
To develop an AI-driven smart water management and distribution system that optimizes water usage, enhances leakage detection, improves demand forecasting, and supports proactive maintenance through integrated data and advanced analytics.
Electric Vehicles (EV)
and Clean Mobility
ELIGIBILITY CRITERIA
Startups with an innovative, scalable product or solution in the following areas:
- Sustainability
- Battery Technology
- Charging Infrastructure
- Smart Grid Solutions
- Renewable Energy Integration
- Sustainable Urban Mobility
- Waste Management
- Circular Economy Solutions
CHALLENGE STATEMENTS
Safe Battery Transportation Solutions +
Engineer compliant transportation and handling solutions for used batteries to address safety concerns and regulatory requirements.
Battery Tracking System +
Create a robust tracking and traceability system for batteries throughout their life cycle, including end-of-life batteries and recycled minerals. Ensure responsible recycling and supply chain transparency.
Aerospace and Defence
ELIGIBILITY CRITERIA
Startups with an innovative, scalable product or solution in the following areas:
- Unmanned Aerial Vehicles (UAVs)
- Cybersecurity Solutions
- Advanced Materials for Defence
- Space Technology
- Satellite Communication
- Radar Systems
- Defence Electronics
- Autonomous Systems
CHALLENGE STATEMENTS
AI Vision Systems for Inspection +
Develop AI-driven systems to automate and enhance inspection processes in aerospace and defence. Solutions should focus on improving accuracy in defect identification and ensuring compliance with industry standards.
AR/VR for Design, Manufacturing & Skilling +
Implement Augmented Reality (AR) and Virtual Reality (VR) technologies to optimize design accuracy, streamline manufacturing processes, and enhance employee training
in aerospace.
Anti-Drone Systems +
Build effective anti-drone technologies to detect, identify, and neutralize rogue drones, protecting sensitive aerospace and defence installations and operations.
The ultimate launchpad for your startup
Total prize money pool
Booth/Showcase space
TiE Global Summit & Bengaluru Tech Summit, this November & December
Access to Investors
Curated 1-1 meetings with investors & understanding each of their thesis
Access to Mentors
Curated 1-1 mentoring sessions, including Pitch Deck reviews
Access to Customers
Exclusive pitch sessions at Invest Karnataka & curated 1-1 customer meetings
*Conditions Apply
Meet our esteemed mentors
Ankit Fatehpuria
Co-founder, Zetwerk
A pioneering force in the manufacturing and supply chain industry, Ankit is driving innovation and efficiency. His strategic insights and leadership are transforming Zetwerk into a global leader in the industrial sector.
Awais Ahmed
Founder & CEO, Pixxel
A trendsetter in the space technology industry. With a vision to revolutionise Earth observation through cutting-edge satellite technology, he is leading Pixxel into a future of enhanced global insights and solutions.
Gadhadar Reddy
Founder & CEO, NoPo Nanotechnologies
Gadhadar Reddy, CEO of NoPo Nanotechnologies, has pioneered HiPCO® Carbon Nanotube manufacturing, positioning India as a global leader in Single-Walled Carbon Nanotubes (SWCNTs). His vision is to use these nanotubes to make space more accessible, with innovations impacting defense, space, and biotech sectors.
Minu Margaret
Founder & CEO, Bliss Club
A visionary in the lifestyle sector, Minu is dedicated to transforming how people experience fitness and well-being. Through innovative solutions at Bliss Club, she leads a movement towards healthier and more balanced lifestyles.
Kaushik Mudda
Co-founder & CEO, Ethereal Machines
Kaushik Mudda, founder of Ethereal Machines, leads one of India's few VC-funded deep-tech startups and is the first to win CES's Best of Innovation award. Backed by Sequoia, Steadview, and Blume Ventures, he authored "63 Rejections - The Fight to Break Even," inspiring young entrepreneurs. He has also received prestigious accolades from CII and CNBC.
Rohan Ganapathy
CEO & CTO, Bellatrix Aerospace
Rohan M Ganapathy is CEO & CTO of Bellatrix Aerospace, a two-times National Award-winning Indian space tech company. An aeronautical engineer, he specialises in electric propulsion, rocket propulsion, and space systems. Rohan patented the Microwave Plasma Thruster, an advanced electric propulsion system using water as a propellant.
How it works
Apply
Online Pitching Round - Top 45
Showcase at GIM’25 @Bangalore Palace- Feb 2025
Schedule
08
Aug
2024
Call for Applications
08
Oct
2024
Close of Applications & Start of Initial Startup Screening
22
Nov
2024
End of Initial Startup Screening
Note: Note for semifinalists:
- A total of 180 semifinalists across 3 tracks will be chosen based on the interim evaluation process.
- You will receive a Day Pass for 11 December, granting free entry to the event.
- You can avail a 20% discount on the delegate ticket if you wish to attend the event on other days
- Showcase has no implication on the selection of the finalists and winners between Dec’24 and Feb’25.
FAQs
VentuRISE is an international startup competition designed to recognize, reward, and support startups in ESDM, Auto & Clean Mobility, Aerospace & Defence related sectors. Participants present their solutions for the challenge statements provided by the industry for a chance to win prizes, gain visibility, and receive mentorship.
The challenge is open to startups at various stages of development, from early-stage ventures to more established companies. Participants must have a scalable business model and a solution that addresses a global or significant problem.
To enter, submit your startup’s application through our online portal. The application typically includes details about your business model, market potential, team, and growth strategy. Check the official website for specific entry requirements and deadlines.
No, there is no application fee to participate in VentuRISE. We aim to make it accessible to a wide range of startups globally.
Prizes may include cash awards, mentorship from industry experts, access to funding opportunities, promotional support, and invitations to networking events. Details of the prizes will be outlined in the challenge guidelines.
While it depends on the specific challenge, finalists may have the option to pitch virtually. However, being present in person can provide additional networking opportunities and exposure.
Participants often receive access to resources such as mentorship, workshops, networking events, and sometimes even co-working space or business development services. Details will be provided to registered participants.
To stay updated, follow our official website and social media channels. You can also subscribe to our newsletter for the latest news, deadlines, and announcements related to VentuRISE.
If an Indian entity, then it should be an entity incorporated/ registered as Private Limited Company as defined in the Companies Act, 2013 / One Person Company (OPC)/ Limited Liability Partnership (LLP) (under the Limited Liability Partnership Act, 2008) or Partnership Firm (registered under section 59 of the Partnership Act, 1932)
If the entity is incorporated outside India then it should be incorporated as a legal entity by the authorised Govt Agency/ Department in-charge.
Total revenue generated in terms of turnover from the date of incorporation should not have exceeded USD 12.5 Million.
Startups should not have crossed 10 years from the DATE of INCORPORATION/ REGISTRATION as on date of submitting the application.
- Company Incorporation/ Registration Certificate (PDF Format - File size less than 30MB)
- Pitch Deck (PDF Format - File size less than 30 MB)
- Company Logo (PNG Format - File size less than 30 MB)
- Companies cannot be a subsidiary/ franchise/ white labelled reseller/ part of a group company.
- Companies cannot have a partnership value with another company/ entity.
- Companies cannot be a Section 8 company or Trust/ Association/Society or a Non-For-Profit company.
- Companies cannot be a Merger/ Demerger of a bigger organisation.
- Companies cannot be a part of any Govt. initiative/ aided partner or public-private partnership company/firm.
The last date to apply for VentuRISE is September 15th, 2024.
You can write to us at [email protected]
Note: Please make sure to complete all mandatory fields and upload the required documents. Incomplete applications cannot be accepted and may result in rejection.
You can write to us at [email protected]