The Rajasthan Government on Saturday organised a one-day start-up fest at Udaipur, promoting entrepreneurship and giving a boost to start-ups in the state. The event was a sequel to the state’s first start-up fest, held in Jaipur in October last year, where the government unveiled its maiden start-up policy.
The event, organised by Rajasthan State Industrial Development and Investment Corporation (RIICO) along with its incubation centre Startup Oasis, saw participation from 100 start-ups, 30 start-up mentors and 15 venture capital investors.
Startup Oasis, since its establishment in 2013, has catered to start-ups across the State.
Training 1,000 studentsSpeaking at the event, Veenu Gupta, Principal Secretary Industries with the Rajasthan Government and Managing Director of RIICO, said, “Since 2013, Startup Oasis has trained, through their workshops, more than 1,000 students, supported more than 100 start-ups and incubated 58 start-ups.”
However, within months of unveiling the policy, the establishment of start-ups and their execution in Rajasthan have become fast-paced, Chintan Bakshi, COO of Startup Oasis, said.
While the event witnessed pitches of start-ups from young entrepreneurs, few pitches that were awarded and provided initial financial support from the state government included one on wearable NFC (Near Field Communication) devices for infants which can track their vaccination record, another on rural e-commerce method for a rural supply chain system, one on developing an app for virtual farming which is linked to real farm products and an idea on wireless stethoscope through which doctors could diagnose a patient in remote areas.
