Guwahati(Assam) , Oct 21 : NRL today organized a Virtual Startup Summit where startups funded by NRL iDEATION – NRL’s flagship Startup program launched in the year 2017 and eminent startup personalities from North East India as well as other parts of the country participated overwhelmingly.
Special guests from UK and USA also joined the summit as speakers. Thus, the virtual summit witnessed a remarkably diverse startup eco-system under one roof.
The Summit was presided over by MD NRL – S. K. Barua in presence of Director (Technical) NRL – B J Phukan, Director (Finance) NRL – Indranil Mittra from NRL Corporate Office, Guwahati. Sr.CGM (Corporate Affairs), NRL – Nikunja Borthakur and Company Secretary, NRL – H. K. Sarmah were also present.
MD, NRL S K Barua in his address encouraged NRL startups to leverage existing technologies and be a part of building future technologies and solve problems inherent to the region. Director (Technical) & Director ( Finance) in their addresses dwelt upon various aspects of Startup eco-system in the world in general and the scope and challenges in North East India.
Sameer Baroova, Co-founder, FITXR- a fitness startup based out of UK delivered the keynote address. He provided multiple insights from UK and the Silicon Valley on success strategies for startups while referring to how his startup was leveraging on Virtual Reality (VR) and Augmented Reality (AR) to serve the fitness industry specially during the pandemic.
The Summit also saw the presence of other startup personalities like Saji Gopinath, the current Vice Chancellor of Kerala Digital University and former CEO of Kerala Startup Mission, Rahul Saikia, Investment Banker, Prasanta Talukdar, Assistant General Manager of NEDFi and Pranjal Konwar, COO, Assam Startup.
The Summit started with rendition of an AV capturing the journey and accomplishments of NRL iDEATION from its inception. It concluded with presentations by 4 startups from NRL iDEATION community followed by Q & A session and valedictory session where NRL startups were awarded Certificate of Excellence for their performance.
NRL iDEATION was launched on July, 4 2017 and for the past 4+ years, the program has forged ahead with the single point objective of Building, Strengthening, Consolidating & Developing the Startup Eco-system in North East India while carving out its future roadmap to start investing Equity in Startups.
NRL iDEATION is focused on providing the right financial impetus to the growing startup ecosystem of North East India. So far, it has created an impact to 28 startups in stages ranging from Proof of Concept to Scale-up and spanning from Agri & allied to SaaS sector with a total funding of Rs. 7 Crore.