Mumbai, Jan 6, 2025: With an objective to promote women entrepreneurship, AIC Pinnacle in association with Hindustan Petroleum Corporation Ltd (HPCL Udgam) launched the “EvolutioNari - Women Entrepreneurship Program” comprising 18 phenomenal women-led startups.
EvolutioNari is a year long incubation program intended to support women commercialise their ideas and will include end to end support to women entrepreneurs including mentoring, infrastructure availability,legal & IPR support, business planning and fund raising. AIC-Pinnacle Entrepreneurship Forum is an industry backed incubator supported by the Atal Innovation Mission (AIM) — NITI Aayog.
The event, held at the SNDT Mini Auditorium in Juhu, Mumbai, brought together 28 visionary startups led by remarkable women entrepreneurs from diverse sectors, including health tech, sustainability, edtech, food,medtech and other emerging sectors. AIC Pinnacle has incubated over 100 startups till date with support from 110+ mentors across diverse sectors. The startups incubated at AIC Pinnacle have won over 30 National and International awards.
The launch program followed a 360 degree approach. Multiple activities were conducted during the launch including Elevator pitching of women entrepreneurs to investors, a Product expo showcasing innovations from 14 remarkable startups and a panel discussion on women entrepreneurship for the benefit of women entrepreneurs. The program was inaugurated by Dharmendra Kumar Sharma (Executive Director HPCL), Rashmi Urdhwareshe (Former Director ARAI) in presence of dignitaries including Hirdesh Thakur (Executive Director Eka Mobility), Kushal Banerjee (CGM HPCL), Jayasurya Tsunduru (DGM HPCL), and Sunil Dhadiwal (CEO AIC Pinnacle).
During the event, 14 dynamic women-led ventures presented bold ideas and practical solutions that captivated an esteemed investor panel, including Nikhil Gupta (Marwadi Catalysts), Sagar Gosalia (JITO JIIF), Devansh Lakhani (Lakhani Financial Services), Monica Gupta (Early Seed Ventures), Aniruddha Jog (Arthayan Advisory Services), and Hanisha Vaswani (Majority fund), who provided valuable feedback and guidance to the women startups.
Experts like Reema Versey (Women Entrepreneur), Divya Rathod (CEO - SNDT WISE), Vivek Mogal (Maharashtra State Innovation Society), Sunil Dhadiwal (CEO - AIC Pinnacle), and Malhar Potnis (Arthayan Advisory Services) shared insights on navigating entrepreneurship and driving impact in the startup ecosystem.
On this occasion, Dr Sudhir Mehta, Founder & Chairman of AIC Pinnacle, said: “EvolutioNari is more than a program; it’s a movement dedicated to empowering women entrepreneurs to lead with vision and innovation. Together, we are building a future where women are at the forefront of transformation, driving sustainable development in India’s startup ecosystem. AIC Pinnacle is committed to support budding entrepreneurs and aims to support and promote entrepreneurship, start-up creation, and employment generation. We believe that Women have high potential in entrepreneurship, and we will provide the necessary environment and skills to startups in this cohort. We are happy to take the EvolutioNar initiative ahead with various other activities supporting women and will have a women special incubation program every year."
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