Three Start-Ups Secure Rs 80 Lakh In Masters’ Union’s Startup Challenge Event

Updated on: 26 May 2023 9:48 pm

As part of the acquisition, FinFort will join the Yubi group of companies, collaborating with Yubis subsidiary, Corpository, a SaaS-based credit analytics platform for corporate lending, providing access to over 100 public information sources

Yubi Acquires Retail Credit Analytics Company FinFort Photo: As part of the acquisition, FinFort will join the Yubi group of companies, collaborating with Yubi's subsidiary, Corpository, a SaaS-based credit analytics platform for corporate lending, providing access to over 100 public information sources

The student-run Investment Fund at Masters' Union has granted seed funding in Startup Challenge event to a few start-ups including 73 Boston, which received Rs 15 lakh after securing the first position, Buzzinga, which was awarded Rs 10 lakh after bagging the second position and Soul Gappa, which took Rs five lakh to home after securing the third position.

In addition to this, Crispee and Buzzinga secured on-the-spot seed funding of Rs 25 lakh from the India Network.

Eleven teams of young entrepreneurs presented their start-up ideas that ranged from fintech, to faith-tech to QSR to FMCG, to a room filled with over 100 venture capitalists. Each team got three minutes to pitch and faced a short question answers session with venture capitalists, who showed interest in their ideas

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The event provided All start-up teams with a chance to network with investors, entrepreneurs, and industry experts. The event witnessed the presence of renowned investors from prestigious firms such as Sequoia Capital, Huddle, Lumis Ventures, Nexus Ventures Partner, Infoedge Ventures, and many more.

Pratham Mittal, Founder, of Masters’ Union, said, “The Start-up Challenge at Masters' Union demonstrated our commitment to cultivating a forward-thinking mindset in business education. We encourage students to look beyond textbooks and take a hands-on approach. Running a business is the best way to understand it. Our PG cohort had an incredible opportunity to present their groundbreaking startup ideas to influential venture capitalists at the event. We are committed to preparing students for the challenges of the business world through hands-on experiences at Masters' Union. The Startup Challenge was a huge success, living up to our vision of teaching business by doing business. It was encouraging to see our students embrace innovation and demonstrate a thorough understanding of entrepreneurship. We are confident that these brilliant minds will have a significant impact on the business world.”