12 startups pitched to 50+ Investment funds at CIE-IIIT Hyderabad’s Demo Day  

Hyderabad, March 3, 2024: CIE(Centre for Innovation & Entrepreneurship (CIE) –IIITH(International Institute of Information Technology Hyderabad)  organized its semi-annual Demo Day this week to mark the opening of the year. 12 startups from various programs pitched to over 50+ investors that were invited to the demo day.  All 12 startups have interest from investors and conversations are on.

 
CIE is a 14+-year-old incubator that in the early days was supported by DST, MEITY & DBT.  CIE has so far supported 400+ startups and has seed funded 25 startups. CIE-IIITH is also focusing on turning a new leaf in terms of infrastructure facilities, programmes and startup engagements focusing towards building a deep tech startup ecosystem.
 

Demo Day is an event where CIE-IIITH showcases its startups from its accelerator programs: Avishkar-DeepTech, Ojas-MedTech &Mediatech startups. The startups at this demo day were spread across solution realms from IOT-AI for Industrial automation, CV-based game data analysis, AR-VR-based virtual meeting platforms, and surveying.
 

The Accelerator programs offer up to 40L seed funding, and technology help through research labs of IIITH, along with strategy and GTM advisory leading up to initial customer traction. The startups are from varied technologies like AI/ML, CV, NLP, AR/VR, working in various domains of manufacturing, data analysis, surveillance, virtual meeting platforms, asset tracking.
 

“Research Translation and research-backed startups are one of the core focuses of CIE’s accelerators given IIITH’s rich experience in deep technology research innovations. It's good to see more than 50+ investors joining our demo day and are interested in such deep tech innovation,”  said Prof. Ramesh Loganathan, COO, CIE-IIITH
 

Funds that attended include Kalaari, SucSeed Innovation Fund, Chennai Angels, Mumbai Angels, Venture Catalysts, Reflex Capital, Dexter Angels, Surfboard Ventures, Edha, Hyderabad Angels, T-Fund, Freeflow, Optum, Microsoft, GMR Innovex, Lead Angels, Startupxseed Enterprises Pvt Ltd. and many more. Most startups have got interest from investors for follow on conversations.