CapitalVia Global Research's India Ideathon completes first Phase

CapitalVia Global Research Limited's India Ideathon completed its first phase. India Ideathon, which opened on October 5 to honour fresh and innovative business ideas, proved to be a huge platform for aspiring entrepreneurs. A competitive forum with a jury of the best industry representatives, India Ideathon has chosen 100 most promising ideas from among many responses received from across India. The jury, which comprised of prominent industry representatives, declared the first Phase results on February 28. The competition for the first Phase ended on February 18.

While the best idea in this Phase will get a cash prize of Rs 1 lakh and qualify for the next round, the winner might bag seed funding of Rs 25 lakh to kick-start his business. The first and second runners-ups will win Rs 50,000 and Rs 25,000, respectively, while the rest will get cash prizes and certificates of appreciation.

The 100 best ideas have been displayed on the India Ideathon website, as these qualify for the second Phase, which begins on March 1. Shortlisted participants will be required to work on developing business models around their ideas to give complete projection plans for the future, their viability and originality.

Initiated in partnership with Valueleaf, the campaign aims to provide aspiring entrepreneurs with a platform and help turn their ideas into reality.

This innovative initiative is in keeping with CapitalVia Global Research Limited, Founder & CEO, Rohit Gadia's strong belief in people and the power of their minds. A successful entrepreneur who has propelled his company at a very rapid pace over the past six years, Mr. Gadia believes the answer of many business challenges lies in unexplored realms of young minds.

Source : Equity Bulls

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