Wharton India Economic Forum (WIEF) is all set for a 2-day power-packed summit this January – starting with the Wharton India Startup Competition (WISC) and followed by a Speaker Series. This prestigious event will be inaugurated by the Honourable Chief Minister of Maharashtra, Mr Devendra Phadnavis who is known for his strong, empowered and progressive vision for the state. Moreover, the summit has attracted some of the most influential people in the industry. From names such as Kunal Shah the founder of FreeCharge, Bharati Jacob the Co-founder of Seed Fund, Arundhati Bhattacharya - Chair-Managing director of the State Bank of India – there’s a list of 23 top-notch people attending the Wharton India Economic Forum.
WIEF has been accepting entries from various startups from across the country who would like to be a part of this prestigious event. Interestingly, almost 25% of the applicants belong to the e-commerce industry, with the healthcare segment coming to a close second with 22%. Moreover, a majority of the participants already have closed in on their pre-seeded and seeded funding arrangements with around 31% who have listed themselves as social enterprises.
Mr. Ayush Tapuriah (Director, WIEF Startup Competition) adds, "We have been really impressed with the applications to this year's startup competition where we’ve received over 500 applications from startups focused on everything from sanitation to artificial intelligence. But what's been most impressive about the applications is that they are not just ideas on pitch decks. Most entrepreneurs have demonstrated traction to validate their hypotheses and have a well thought out execution plan. This is going to be an excellent platform where the finalists will get to interact with a stellar judging panel composed of the top VCs and entrepreneurs in India.”