facebook-domain-verification=366d1vhp7m28pjgbde7ljry569vdt5 Startup India - MTS Innovation Challenge
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Startup India - MTS Innovation Challenge


Invest India & MTS (Startup Hub) join hands to scout for technology-based startups that have developed a  product that can solve major problems in fields including:


- Fintech

- HR Tech

- Internet of Things

- B2C Digital Products

- Soft / SaaS for E-commerce 


A startup can select the relevant sector and further apply for any of the two problem statements listed in that sector. 


Eligibility Criteria


MVP:

You already have a viable product or ready-to-deploy technology


CUSTOMERS AND SALES:

The value of the product is confirmed by real customers

MARKET SIZE:

Revenue prediction is more than US$5M per year after 3-5 years


TEAM:

At least one key team member who is ready to participate in Moscow-based sessions


Timeline


July 15:

Applications deadline date


July 31:

The top solutions providers will be selected in Phase I who will further pitch to the Evaluation committee 


August 01 - 10:

The selected startups from Phase I will then interact through VC / phone call / meet the evaluation committee for a one-on-one pitching round


August 15:

Announcement of up to 5 Final winners on the Startup India Hub



Here Is What You Get!


Pilot Project:

Up to 3 months of paid pilot opportunity with MTS StartUp Hub for up to INR 540,000 

a. Individual work with business customers from MTS to finalize the product

b. Access to MTS corporate resources: co-working, cloud services etc

c. After a successful pilot project, we mutually decide on the best long-term cooperation model


Travel Grant:

Get Travel Grant up to INR 216,400


Acceleration:

2 months of highly intensive work to accelerate your product using MTS industry expertise at MTS, Moscow

a. Workshops and product feedback sessions from experts

b. Access to education materials

c. Individual focus on your product development with trackers and business customers from MTS

d. Demo Day with the participation of MTS top-management and external experts


Startups, whose pilot will be successful, will be able to qualify for investments in the amount of US$ 500,000 to US$ 1,000,000.


Apply Now


#StartupIndia #MTS #Fintech #Digital #InternetofThings