June 10, 2016: 111 Startups a ‘not-for-profit’ organisation formed jointly by Mobisoft Infotech and Pesh Group has recently organised “Demo Day-3” for 4 curated startups to present their pitch deck to investors. The interested investors were connected with startups on 1 on 1 basis post demo day for closing deals. 5 Angel Investors participated in this event and 4 startups presented. 111 Startups core team helped the investors in evaluation and hosted the event.
After screening and assessing 50 startups in the month, 111startups have shortlisted and curated 3 startups who can be taken to the next level and can be connected to investors. The 3 startups-CapIOT, Fizzible and Non Veggies were invited to present their ideas in demo day. The participants were mainly angel investors who invests and mentor startups. Each Startup was given 20mins to present their idea followed by 20mins of Q and A. Thorough evaluation and brain storming happened in the event as the investors were very experienced and industry laureates.
The Angel Investors include Mr.Sunil Peswani, Group President, Pesh Group, Mr.Altaf Rehmani, Entrepreneur and Angel Investor, Tinytapps Software Pvt. Ltd., Mr.Shakil Hanjgikar,Entrepreneur and Angel Investor, Vtest Pvt. Ltd., Mr.Himanshu Mehta, Angel Investor, Consultant and Anuradha Kulkarni, CEO, Co-founder, Funhound.
‘111 Startups‘ is an initiative of Mobisoft Infotech and Pesh Group to help Startups in empowering them through mentoring, funding, co-working, validation, MVP, connecting with co-founder!’ It is a non-profit organisation working on intent of contributing in startup ecosystem.