Indywood Startup Awards 2021 selects 6 firms for investment deals

- April 23, 2021 , by Maagulf
Indywood Startup Awards 2021 selects 6 firms for investment deals

UAE: The maiden edition of Indywood Startup Awards 2021, organized by Aries International Maritime Research Institutre (AIMRI) powered by Indywood Billionaires Club, successfully concluded on April 16, 2021. The award ceremony was conducted virtually. The event was conceptualized by EFFISM and organized by Biz Events Management.

On occasion,Founder President of Indywood Billionaires Club, Dr.Sohan Roy, stated, “I am extremely overwhelmed with the response we received for our maiden edition.The competition was extremely tough since all the entries received were equally good. Finally, we were able to identify some unique, innovative startups that are sure to create a revolution in their respective industries.”

150 entries received for awards this year, out of which top 20 startups identified and honored. The Jury also identified the top 6 contenders for the next stage of strategic partnerships with Indywood Billionaires Club. These include Education Startup of the Year (Futuristic Skill Training Provider) - RobotGuru Education Technologies Pvt Ltd, Technology-based Startup of the Year (Advanced Marine Technology Provider) - EyeROV (IROV Technologies Private Limited), Social Impact Startup of the Year - AllAbout Innovations (WOLF), Innovative Startup of the Year - iBoson Innovations Private Limited, Promising Startup of the Year (E-commerce platform for Homemade Brands) - Garga M-Commerce, and Education Startup of the Year (Online Teaching Solution Provider) - Tutorhow Scientific Edutech Pvt Ltd.

Out of the top selected six startups, WOLF AIRMASK, India’s first revolutionary “Ion based Airmask,” successfully tested on the SARS-COV-2 virus (COVID-19), has signed an investment deal with Aries Group, the multinational consortium based in the Middle East.

Mr. Shyam Kurup, the Founder of AllAbout Innovation, quoted, “Such platforms encourage upcoming young entrepreneurs to hold tight to their dreams and thrive on. As we are still reeling under the pandemic, more than a vision, WOLF AIRMASK is the need of the hour, which required someone to help it reach people globally. To find someone who can believe in your dream has always been a challenge for Startups. But, Indywood Billionaires Club Startup Awards made it all easy for us. We are glad to have found our investor in Aries Group and look forward to working closely with them and provide the world with a solution to fight COVID-19.”

Indywood Billionaires Club Startup Awards 2021 is recognized. It provides business collaboration opportunities to outstanding startups that build innovative products and solutions and have high potential to generate wealth, employment and demonstrate measurable social impact. Besides offering organizations a chance to pitch their products in front of investors, AIMRI shall also open incubation possibilities for deserving projects.

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