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NSRCEL IIMB, DailyRounds partner for healthcare incubation programme

NSRCEL IIM Bangalore, in collaboration with DailyRounds, has launched a healthcare incubation programme to help healthcare innovators and entrepreneurs go from lab-tested to market-ready products.

This partnership, part of DailyRounds’ CSR initiative, aims to support early-stage startups. It focuses on bringing to life innovations that solve unique problems in the field of healthcare.

The programme provides founders support in design thinking; guidance in business development, go-to-market strategy, and B2B and D2C sales; mentorship by industry experts; networking opportunities; access to potential funding sources; and access to hospitals and labs for clinical trials and pilot projects.

TiE announces TGS100 Showcase for early-stage startups globally

The Indus Entrepreneurs (TiE) in India has announced the TGS100 Showcase, an annual competition recognising exceptional early-stage startups globally. This initiative offers startups across various sectors exposure and growth opportunities.

The final event will be held at TiE Global Summit (TGS) 2024 in Bengaluru. The 9th edition of TiE Global Summit is scheduled from December 9 to 11 at Bangalore International Exhibition Centre and on December 12 in Mysore. 

To be eligible, startups must be privately held, aged between two months and five years, and aim to raise funds between Rs 1 crore and Rs 10 crore.

A global jury of seasoned entrepreneurs and investors will select the top 100 startups, allowing them to present at the semi-final round on December 9.

The top 10 finalists will then pitch on the main stage at TGS ’24 to a super jury, which includes Vani Kola (Kalaari Ventures), Prashanth Prakash (Accel Partners), Sudhir Sethi (Chiratae Ventures), and Venk Krishnan (NuVentures).

The top three startups will share a prize pool of Rs 50 lakh in equity-free funding, with Rs 25 lakh for the winner, Rs 15 lakh for the runner-up, and Rs 10 lakh for the startup placed third. Additionally, the top 10 startups will gain extensive visibility, including the opportunity to present their products to over 750 investors and mentors.

Wibmo partners with City Union Bank, nStore

Wibmo, a PayU company and a player in payment security and digital financial services, has partnered with City Union Bank (CUB) and nStore to launch the ‘Buyer Side ONDC Module’ for CUB retail customers. 

This initiative aims to enhance the digital commerce experience for CUB’s retail customers by providing seamless access to the Open Network for Digital Commerce (ONDC).

The module will empower CUB’s retail customers with greater accessibility, convenience, and security in their digital transactions.

(This article will be updated with the latest news throughout the day.)