New Delhi- India - Biotech startup Pandorum Technologies, which focuses on tissue engineering won first place at the 2019 Entrepreneurship World Cup (India) in partnership with The Global Education and Leadership Foundation (tGELF). The start-up will represent India at the global competition in Riyadh along with the two runners-up.
Dr. Tuhin Bhowmick and Arun Chandru, founders of Pandorum, captured 1st prize and advances to the next round of the global competition against national winners from 184 countries.
“At Pandorum, we build 3D functional tissues through a combination of cells, gels and cell modulators, using self-assembly, 3D printing, and other fabrication methods to construct desired tissue-like environment and micro-architecture,” says Chandru. “Pandorum's 'Liquid Cornea' is a regenerative approach towards vision restoration through tissue engineering and scar-less wound healing is designed for a simple, minimally-invasive application procedure, to curtail the requirement of postoperative medication/care.”
Pandorum Technologies edged out 31,000 startups from across India who applied --- each receiving access to free virtual training services to help them take their venture to the next level. In Delhi, it competed among the top 20 startups at the EWC national event.
The two runner ups Bambrew and Etheral Machine will be also making it. Bambrew, a startup that makes bamboo straws, cutlery, and disposable food packaging, won the second prize. Ethereal Machines a start-up that focuses on building five-axis CNC machines and 3D printers came in third.
The EWC India finale saw 20 startups pitching in front of judges, including Amitabh Kant, CEO, NITI Aayog; Ramanan Ramanathan, Mission Director, Atal Innovation Mission; Nikhil Sinha, MD, GSVLabs; and Tej Kapoor, Director, and Head of Fosun RZ Capital India. It wasn't only the jury that judged the startups; the audience also participated with an interactive app for live voting.
During the course of finale day, the jury and the audience narrowed down the 20 startups to 10, then to five, and finally chose the top three that will represent India at the global competition. Other finalists included ZestIoT, SpotDraft, Wrig Nanosystem, MapMyGenome, Sun Mobility, Sarva, and Nurtr. These startups covered services and products across deeptech, legal tech, genetics, aerospace, health tech, defense, electric mobility, and much more.
More than 102,000 contestants from 184 countries entered the Entrepreneurship World Cup. The initiative combines a broad-reaching pitch competition, aimed at ventures ranging from idea stage to growth stage, with a virtual accelerator program to help all participants launch, strengthen and scale their enterprises. Global Finalists will face off against one another at the Misk Global Forum ahead of Global Entrepreneurship Week in November 2019.
EWC is an initiative led by the Global Entrepreneurship Network and Misk Forum with support from a collection of national and global partnerships, including the Global Educational and Leadership Foundation and GSVlabs.