JITO Incubation and innovation Foundation with their ecosystem Partner CiiE IIM-Ahmedabad & JITO Ahmedabad Chapter had together put an 'Investor Pitch Day' for startups on 21st April at CIIE-IIMA. 5 high-potential startups pitched their business ideas to JITO Angel Network (JAN) members for investments and guidance from the entrepreneurial Jain community. The day was also an opportunity for Startups to network with relevant investors for strategic support and mentoring apart from seeking funding.  The start-ups who pitched include Oizom, a startup providing smart environmental monitoring solutions, Torchit, a startup engaged in making assistive devices for the visually impaired people, Aglio Research, which is providing a one-stop electronics prototyping platform for all age groups, Linksmart Technologies, a startup engaged in the business of providing solutions for counterfeiting and package-tampering and HappyEMI, a next generation consumer finance company.  The volume of funds that investors were willing to pledge was by no means small. Individual investors broadly considered investing a minimum of 5 lakhs to a crore in each startup cumulatively leading to a ticket size of 50 lakhs to 5 crores per startup.  A cumulative investment interest of $3 Mn has been received so far with $1 Mn investments executed across these 5 startups.
Shri Prakashbhai Sanghvi-Chairman, Shri Hemantbhai Shah-Steering Committee Member, Shri Jigishbhai Doshi-Sr.VP, Shri Kushalbhai Bhansali-Hon Sec, Shri Bhadreshbhai Shah-Hon. Treasurer and many other senior Office Bearers with Managing Committee members were present to boost the morale and to invest in the said start-ups.