After providing an opportunity to over 1,200 startups across 270 editions to pitch to the large corporations, and venture capital firms in Japan in the last six years, Deloitte is hosting its fourth edition of Morning Pitch India event in Bengaluru this month.
The Morning Pitch will provide an opportunity for four Indian startups to pitch their business plan and needs for business collaboration to large corporate business developers.
“Morning Pitch is a platform that enables technology and innovation-driven startups to propagate their purpose and solutions to an array of potentially interested stakeholders, comprising alliance partners, strategic collaborators, and investors, predominantly with Japanese origins or connections, and find common ground to advance their objectives, cultivate new relationships and achieve scale internationally,” Suchint Majmudar, Partner, Deloitte India tells.
Being home to 39K tech startups, forming cross-border startup relations with countries like Japan, the UK, Israel, Portugal, the US, Netherlands and China and being poised to become a $1 Tn digital economy by 2022 — the transformation that the Indian startup ecosystem took in the last few years is remarkable.
In the past couple of years, apart from venture capitalists, angel investors and foreign investment houses, India has witnessed an increased corporate participation in the Indian startup ecosystem — who have been working with startups at several levels including — funding, acceleration, collaborations and even the technology of startups have helped corporates strengthen their play and presence in their decades-old businesses in India and globally.
In a similar vein Deloitte introduced its Morning Pitch event in India last year, with first edition held in August 2018 and since then it has provided opportunities to over 15 startups to pitch and connect with Japanese, Indian and other international investors and corporates.
“We are delighted to partner with Morning Pitch and Deloitte Tohmatsu Venture Support in further strengthening the Indo-Japan business opportunities. We are committed to the Indian startup ecosystem through our Deloitte India Catalyst program and see formats like Morning Pitch as crucial for connecting startups to corporates and Investors. As we grow this partnership further we are very confident that the benefits to Indo-Japan business opportunities would be immense” — Debabrat Mishra, Partner, Deloitte India said.Get Your Tickets Now
The 4th Edition Of Morning Pitch
In the last five years, the platform has led to hundreds of business collaborations and tens of M&As and IPOs in Japan.
Scheduled for February 27 at CoWrks, Bengaluru, the fourth Indian edition of Morning Pitch event will bring together startup evangelists in one place and enable conversations leading to business associations between startups, investors and corporates.
Yuma Saito, General manager, Deloitte Japan told Inc42, “Originating from Japan, Morning Pitch has served as an important ecosystem enabler for startups and innovation stakeholders to convene and collaborate. Our hope is to establish Morning Pitch as the go-to platform for all startups and at the same time propel the Indo-Japan opportunity to new heights.”
“Building on the success of Morning Pitch in Tokyo and Singapore, we aim to proactively bridge the Indian and Japanese ecosystem through Morning Pitch India. We encourage interested startups and corporations to firsthand experience Morning Pitch and get involved in the expanding Deloitte Indo-Japan partnership,” said Vinod Vasudevan and Rohan Wadhwa, Indian Operations Lead, Deloitte Japan
In the past three Indian editions, startups including Niramai, Ethereal Machines, TagBox Solutions, Artivatic.Ai have pitched to the attendees from large Japanese corporations Murata, Rakuten, Nomura, Toyota Tsusho; International corporations such as Bosch and Nvidia along with VCs and ecosystem stakeholders such as Blume Ventures, Intuit Circles, Headstart.
Meet The Four Startups That Will Be Pitching
Scribble Data: Bengaluru-based Scribble Data is a machine learning (ML) engineering product company which helps organisations take their ML models from lab to production quickly and reliably, by focusing on feature engineering.
InTain: Chennai-based Intain combines blockchain and AI for efficient, secure and trustworthy financial systems. Intelligent Blockchain for Asset Securitisation that addresses some of the triggers of the 2008 financial crisis is one of the first platforms built by Intain.
Ayasta: Hyderabad-based Ayasta aims to create an intelligent connected grid and build grid to socket intelligence inside facilities. Ayasta has built a proprietary platform called CEGMA, which is a culmination of Sensors, ML and CV to monitor, analyse and detect anomalies in the electrical systems both inside a given facility and outside in the electrical grid.
In India, several corporates including — Google, Walmart, Alibaba, Microsoft, Reliance, Hero Group, Times Internet etc. Recently, Britannia, Meenakshi Group, Procter & Gamble India, and RP-Sanjiv Goenka Group have been supporting startups in terms of funding or collaborations.
At various points of time, the innovation and fresh touch of the technology of startups have helped corporates strengthen their play and presence in their decades-old businesses. Morning Pitch by Deloitte brings a chance for startups to find a holistic approach for synergies with corporates and investors in the country.Get Your Tickets Now