Pune: The Indus Entrepreneurs (TiE) Pune Chapter was recently awarded the best chapter award in Category B at the TiE Global Charter Members program held in Rio de Janeiro recently. The award winners were selected by a committee consisting of TiE Global trustees – past and present based on parameters including Size of Entrepreneurial Ecosystem, Charter Member Base and age of Chapter and the awards were given in three categories viz A,B and C. TiE Pune is a not-for-profit venture fostering entrepreneurship through mentoring, networking, education, funding, and incubation. The winners were selected from TiE chapters of 61 cities across 14 countries
TiE’s Pune chapter has 71 Charter Members and a vibrant ecosystem that is the work of charter members.The Pune chapter started in 2007, and has been fostering entrepreneurship through various programs designed to cater to almost every segment and line of business. Every year, TiE Pune through its various programs such as Nurture Accelerator, Women’s Program, The Young Entrepreneurs, Partnerships with various accelerators and incubators including BHAU COEP, IIT Sine Mumbai and many more, impacts nearly 5000 entrepreneurs every year. It also supports start-up founders in other cities such as Nagpur, Nashik, in states such as MP, Punjab, and internationally in Germany, London and Singapore. TiE Pune also enjoys corporate partnership with NTT DATA of Japan to support entrepreneurs from all over the Globe.
Says Vineet Patni, President Pune chapter, “This award is a feather in the cap for all our Charter Members who have worked tirelessly over the years to give back and support entrepreneurs, it is just the beginning. We are committed to making Pune a city of choice for entrepreneurs and continue to position Pune as the innovation capital of India.”
Vivek Gupta, Chair Public Relations and Charter Member at TiE Pune said that TiE Pune has been carrying out multiple activities and initiatives to encourage young entrepreneurs, women entrepreneurs, entrepreneurs from smaller towns and collaborating with other chapters’ world over to help new entrepreneurs learn, grow and scale up. The recent award is a testimony to our commitment towards contributing to the startup ecosystem in Pune and Maharashtra.
Pune has the potential to become the innovation capital of India
With a well-established start-up ecosystem, talent pool, growing culture of innovation in educational institutes and companies, continuing infrastructure upgrades, world class organisations and companies providing solutions to the world, Pune has the potential to become the innovation capital of India according to Mr. Vineet Patni, President TiE Pune.
Vineet Patni said that edtech, auto and agritech are the domains which have been doing well in Pune, but in recent times there has been a lot of momentum in the healthcare space and it has been a favourite amongst young entrepreneurs, women entrepreneurs, and large entrepreneurs as entrepreneurs from smaller towns. Going forward, healthcare will continue to be a fairly attractive proposition for the longer term investments and in terms of how it will impact globally and companies in India. Apart from healthcare mobility, especially EV, cybersecurity will continue to gain traction. He added that as more and more companies chose India as their manufacturing hub, we will see more and more product related start-ups in near future. The diverse set of expertise and talent pool, Pune will continue to grow as a start up hub in all domains.
While Mumbai and Pune are the start-up hubs in Maharashtra, increasing number of youngsters from smaller towns are coming forward with innovative ideas and that is reflected in the annual Nurture Accelerator Program which is aimed at mentoring entrepreneurs in all areas of business.
Special focus on Women entrepreneurship
Vineet Patni said that at TiE Pune we have been running various programs for women entrepreneurs to enable to build their own businesses and create more jobs. We will be running TiE women global pitch competition Pune round in August to to help showcase their innovative business ideas and gain valuable exposure to investors, industry experts, and mentors.Women in Entrepreneurship is not only gaining momentum, they are excelling in almost every domain and building business faster, he added .
