NITI Aayog launches competition for startups
Published: Aug 14, 2018
By TIOLCORPLAWS News Service
NEW DELHI, AUG 14, 2018: The NITI Aayog has launched 'Pitch to MOVE' - a mobility pitch competition that aims to provide budding entrepreneurs of India a unique opportunity to pitch their business ideas to a distinguished jury. Startups working in the various fields of mobility can pitch their ideas to industry leaders and Venture Capitalists for raising investments. Winners of the event would be felicitated by PM during the Global Mobility Summit.
Dr Rajiv Kumar, Vice Chairman, NITI Aayog said that Pitch to MOVE aims to identify and incentivise the startups, which would help the Govt realize its vision of Shared, Connected, Intermodal and Environment Friendly Mobility for India. The objective is to harness the latest disruption for generating employment and growth in our country.
The importance of mobility as the potential driver of innovation, job creation, economic growth and social change for the 21 st century is highlighted time and again. With rapidly evolving technologies and business models for delivering mobility services, our goal of cleaner and more efficient mobility systems would be achieved with the help of the dynamic entrepreneurial class of India.
Mr Amitabh Kant, CEO NITI Aayog, while commenting on the launch, noted that the Pitch to MOVE provides a golden opportunity for early and late startups to push their ideas to reality.
“Pitch to MOVE” is organised by NITI Aayog in collaboration with Invest India and Society of Indian Automobile Manufacturers (SIAM) as a part of a series of engaging featured events in the run up to the main event. The Summit is scheduled to be held September 7 and 8, 2018 at Vigyan Bhawan, in New Delhi and is being inaugurated by the Prime Minister of India.
The competition aims to identify and reward the start-ups offering innovative solutions for shared, connected, and environment friendly mobility. The Startups can be from the domain of Public Mobility, Electric Vehicles, Shared Transport, Last Mile Connectivity, Passenger Transportation, Battery Technology, Automotive IoT, Freight & Logistics, Powertrain/Drivetrain, Experiential, Travel, Mobility Infrastructure and Automotive Electronics etc. The Mobility Pitch Competition is open to primarily startups from various parts of India who are interested in showcasing their business ideas to jury members.
