TiE Global Summit 2024 Unveils 101 Startups Set to Connect with Angel Investors

A list of 101 startups was unveiled by the organisers of the TiE Global Summit 2024 on Friday. This announcement comes ahead of the four-day event starting on December 9. The TGS100 initiative highlights early-stage technology and tech-enabled startups with notable business models and market traction, according to Madan Padaki, President of TiE Bangalore.

Representative image

The selected startups will have the opportunity to connect with angel investors who have already pledged investments into the TGS100 startups. "We got applications from 1,310 startups representing over 17 countries and 36 cities in India," said Padaki. TGS100 offers exposure and a prize pool of Rs 50 lakhs equity-free, distributed as Rs 35 lakh for the winner, Rs 10 lakh for the runner-up, and Rs 5 lakh for third place.

Focus on Women Entrepreneurs

This year's summit will feature the highest number of women entrepreneurs participating in the TiE Women Global Pitch Competition. "We have received applications from 3,100 women-led startups from 62 countries covering Ed-Tech, Health-Tech, AI, SaaS, Agri-tech, Retail, D2C, Greentech and Sustainability vectors," Padaki stated. This reflects a growing trend towards inclusivity in entrepreneurship.

The top 10 startups will present their pitches at the TiE Global Summit 2024 on December 11. A jury comprising Sudhir Sethi from Chiratae Ventures, Venk Krishnan from Nu Ventures, Subrata Mitra from Accel Partners, Vani Kola from Kalaari Ventures, and B V Jagadeesh from SVQuad will evaluate these pitches. This panel brings together seasoned investors to assess innovative ideas.

Summit Details and Collaborations

The TiE Global Summit 2024 is anticipated to be the largest entrepreneurial gathering with over 10,000 delegates. Scheduled for December 9-11 in Bengaluru and December 12 in Mysuru, it is organised by TiE Bangalore with Karnataka Digital Economy Mission (KDEM) as a strategic partner. The event is supported by the Government of Karnataka and co-hosted by various national technology bodies.

An industry dialogue was held as a prelude to the summit on Friday. It brought together venture capitalists, industry leaders, and entrepreneurs to discuss key initiatives like TGS100 and the TiE Women Global Pitch Competition. These discussions set the stage for what promises to be a landmark event in entrepreneurship.

Over 25 Venture Capital firms engaged more than 50 analysts and experienced entrepreneurs to review applications through three stages to finalise the list of 101 startups. Notably, 90 per cent of these startups are based in India. This rigorous selection process underscores the quality and potential of these emerging businesses.

The summit will also feature sessions with celebrities such as Andre Agassi, Deepak Chopra, producer Siddharth Roy Kapur, and actors Vidya Balan and Arvind Swami. These sessions are expected to add a unique dimension to the event by blending entrepreneurship with insights from diverse fields.

The TiE Global Summit aims to foster innovation and collaboration among entrepreneurs worldwide. By providing a platform for networking and showcasing groundbreaking ideas, it continues to play a pivotal role in shaping the future of entrepreneurship globally.