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Meet 20 Tel Aviv Startups Selected to Pitch Their Innovations at AP $1M Global Challenge

Israel has an unwavering eye on the future and is a giant in the global tech startup scene. Promising startups embraced the $1 Million Challenge, a Govt of Andhra Pradesh, India initiative as part of the Vizag Fintech Festival

Meet 20 Tel Aviv Startups Selected to Pitch Their Innovations at AP $1M Global Challenge
Meet 20 Tel Aviv Startups Selected to Pitch Their Innovations at AP $1M Global Challenge

Global startup challenge roadshow, AP $1 Million Global Challenge yesterday held its Israel event at Rise Barclays, a local hub for startups. More than 130 startups applied for the challenge and went through a screening process.

Over 20 finalist startups pitched their innovations in the areas of FinTech, AgriTech and EmergeTech. The fintech startups are such as Biocatch, Clarus, ConfirmU, Coriunder, Fincom, InvioU, OKO Finance, PayGilant, Rewire, Verifyoo and the others that operating in the AgriTech and EmergeTech spaces include Agro-scout, AirGreen, BeeHero, Bio-cloud, BioFishency, Cultivu, Forest Innovations Ltd, Grofit, Sailog, and Tapreason.

The final winners will be awarded seed funding and incubation facilities at Vizag Fintech festival on October 22 – 26, 2018.

Vizag FinTech festival is a global innovation event to bring together an ecosystem of new generation of innovation partners, incubators and corporations from around the world. Andhra Pradesh, a gateway to digital India is promoting entrepreneurship by giving access to 5 Ms - Money, Market, Mentoring, Manpower and Meetups.

“Banks, financial services companies and governments in India are going digital. This provides an immense opportunity for the global technology startups to access fast growing India market and AP will be the Gateway,” said Mr JA Chowdary, IT Advisor to the Hon’ble Chief Minister of Andhra Pradesh.

The AP $1 Million startup challenge delegation included Mr JA Chowdary, Special Chief Secretary and IT Advisor to the Hon’ble Chief Minister of Andhra Pradesh, Dharmendra Sunkara, CEO of AP FinTech and Aneesha Chowdary, General Manager, AP FinTech. The event was organized by DCF Ventures headed by Lakshmi Potluri in participation with Axis Innovation headed by Edward Frank.

Judges included prominent members of the Tel Aviv startup ecosystem – Elan Zivotofsky, Avivhay Nissenbaum, Kevin Baxpehler, Blake Korman, Irad Dor, Roi Ben Daniel, Gadi Toren, Jack Levy, Eilat Cohen Basat, Dr, Michal Vakrat Wolkin, Agmon Porat, Ori Israely and Or Shinhertz.

The event also included a CXO Panel that focused on opportunities in Vizag for global startups and prominent panelists from the roundtable were Dotan Peleg, Zohar Sharon and JA Chowdary.



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