Startup Weekend Concludes At ISB Hyderabad

The 5th edition of Startup Weekend Hyderabad held from July 18 at Indian School of Business ended yeaterday. The event aims at creating and nurturing a startup ecosystem in host cities. The event witnessed more than 130 participants and finalists interacted with mentors, targeted and acquired customers and tried to build a viable product. 

On Sunday, all the teams made their final presentations to a team of entrepreneurs who selected the top three ideas. Some of the notable ideas include Cloud Boost (collection of smart developer tools for next-gen platforms like parse, firebase), Stamp (single digital wallet for storing loyalty cards), LearnForSure (enhance retention and accessibility for delivering educational content to end-users from high schoolers to MBAs.) and CarNama (online portal for buying car accessories).

“We had people come from various places including cities like Chennai, Ahmadabad, Delhi, Mathura, Visakhapatnam and Khammam and one participant from Singapore. Hyderabad has been at the centre of Indian entrepreneurial ecosystem. I expect to see a bunch of startups to actually go on and create companies. We plan to organise next Startup Weekend soon and more focused events in future around Healthcare and Education,” said Rahul Sanghi, lead organiser of Startup Weekend Hyderabad.

All Startup Weekend events follow the same basic model: anyone is welcome to pitch their startup idea and receive feedback from their peers. Teams organically form around the top ideas (as determined by popular vote) in a 54 hour frenzy of business model creation, coding, designing, and market validation. The weekends culminate with presentations in front of local entrepreneurial leaders with another opportunity for critical feedback.