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7 blockchain startups will pitch LIVE at the Demo Day

Demo Day is set to take place as an entirely online event due to security considerations connected with the COVID-19 pandemic

Ellie Geo

Оn the 8 May, at 2 p.m. CEST (5:30 IST), the event is opening up opportunities for people all around the world interested in blockchain to witness our seven Starfleeters pitch their innovative projects and the fantastic speaker line up that we have in store for you.

The journey of Starfleet India began in November 2019 when Yanislav Malahov and other members of the AE Ventures and æternity Blockchain team announced the launch of the Indian chapter of the Starfleet Accelerator Programme at Genesis DevCon organized by our local partner IBC Media.

The Indian blockchain market, despite being in its early stages, is expected to grow at an annual rate of 37% till 2024 according to a study by Invest India. This intent to adopt blockchain technology for its potential to transform businesses can be seen across various sectors in India. It is led by the FinTech sector comprising of over 15% of the registered startups, followed by Healthcare and AgriTech at 13% and 10% respectively.

The goal of the Starfleet India program was to identify startups in the Indian ecosystem solving real-world problems using blockchain technology or those willing to implement viable use-cases for blockchain to improve upon their product. This hunt for innovative startups ranged from meetups in the bustling startup hubs of Bangalore and Hyderabad to online registrations. When the registrations closed for Starfleet India in February, we received over 170 applications.

After conducting preliminary interviews with the applicants, 13 startups were shortlisted to participate in the Genesis Week — a 7-day-long bootcamp in Bangalore. The shortlisted startups went through intensive mentoring sessions in topics ranging from budgeting, to value proposition design, to the implementation of blockchain technology via the æternity Blockchain. The shortlisted startups were each given lectures and workshops focused on improving their product by mentors who are experts in the industry. Based on their performance during Genesis Week, seven were selected to move on to the next phase of acceleration. This phase of acceleration continued remotely with close support from the AE Ventures team.

The Demo Day for Starfleet 4 is the culmination of 4 months of hard work and planning and for the final chapter of the Starfleet India program. The seven accelerated startups of Starfleet will be pitching their final and polished product in front of a large audience of investors, corporates, venture capitalists, angel investors, and other industry and government-level stakeholders from all around the world. The entire æternity ecosystem is eager to welcome them in the family!

Demo Day also boasts must-watch panels of speakers consisting of prominent startup founders and enablers not only from the Indian startup ecosystem but worldwide.

Save the date and join us at the Demo Day of Starfleet India by registering here: ➡️ https://www.eventbrite.com/e/102674207318

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