IITs ready for start-up marathons

As many as 600 start-ups and many investors lilely to turn up for marathons across IITs this weekend

Here’s one more way to celebrate the spirit of start-ups. As many as 600 start-ups along with many investors are expected to turn up for marathons being organised across Indian Institutes of Technology (IITs) this weekend. Among others, co-founders of Snapdeal Rohit Bansal and Kunal Bahl are slated to attend the IIT Delhi event.

IvyCap Ventures, a venture capital fund management company, along with IIT alumni associations, is behind the two-day event, where start-ups and investors will interact on the sidelines of the race.

The IvyCap Marathon 2016 - spread across New Delhi, Guwahati, Ropar, Kanpur, Kharagpur and Patna - is one of the biggest events to bring together budding start-ups, IIT alumni, investors, venture capitalists and corporate leaders, said Vikram Gupta, founder and managing partner of IvyCap Ventures. “The idea is to aid these start-ups in being part of the overall ecosystem in India.”

This might well become a yearly event.

IvyCap focuses on investing in early and growth-stage companies in sectors such as healthcare, education, technology, e- and m-commerce, and food-based businesses, etc. In addition, IvyCap is working towards building a strong entrepreneurial ecosystem across educational institutions.