IIM Bangalore’s SummitUP 2024 spurs startup growth, fosters innovation

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The Indian Institute of Management (IIM) Bangalore has successfully concluded SummitUP 2024, its flagship event focused on accelerating India’s startup ecosystem. Over two days, the event brought together more than 1,000 participants, including startups, investors, and industry leaders, to drive entrepreneurship, innovation, and collaboration.

SummitUP 2024 featured a dynamic mix of over 50 industry experts and thought leaders who shared key insights on scaling startups, securing funding, and leveraging emerging technologies. With over 30 startups given the platform to pitch their ideas, the event offered valuable opportunities for entrepreneurs to present their innovations to potential investors and business experts. The conference also recognized exceptional ideas with “Best Startup Idea” and “Best Pitch” awards, celebrating standout contributions to India’s entrepreneurial landscape.

Keynote sessions and panels focused on crucial aspects of startup growth, such as strategic funding, technology integration, and industry partnerships. The event’s organisers echoed this sentiment, noting how the platform empowered emerging businesses to gain mentorship, secure funding, and form meaningful partnerships.

One of the event's notable achievements was the successful pairing of startups with investors. Several early-stage companies secured funding commitments, while others initiated promising collaborations with established firms. The one-on-one mentorship sessions with industry veterans provided entrepreneurs tailored advice on navigating the challenges of scaling their businesses. 

The summit reaffirmed IIM Bangalore's commitment to supporting India’s entrepreneurial growth. Through initiatives like SummitUP, the institution continues to solidify its position as a leader in nurturing startups and shaping the future of innovation. As India’s startup ecosystem evolves, the role of such platforms becomes increasingly significant in guiding the next generation of founders, innovators, and change-makers.