IIM Calcutta Innovation Park conducted the second Bootcamp for the third cohort of the Bengal Business Accelerator Program (BBAP) from May 13–15, 2026, bringing together startup founders and entrepreneurs for an intensive learning experience focused on building scalable and investment-ready ventures. Held at the IIM Calcutta campus, the bootcamp was designed to strengthen participants’ understanding of key business functions, including compliance, team building, fundraising, branding and customer experience.
Read MoreIIM Calcutta Innovation Park (IIMCIP) collaborated with IIM Calcutta to design and execute Startup Garage, a one-of-a-kind hackathon crafted for the IIM Calcutta MBA-Ex Batch 20, from May 8 – 10, 2026. Designed to push participants beyond their comfort zones, the event created an immersive startup environment focused on learning, collaboration, innovation and pitching under pressure. Without sleep, without pause and with everything on the line.
Read MoreIIM Calcutta Innovation Park (IIMCIP), in collaboration with PRIME Meghalaya, conducted the second Bootcamp for the 6th Cohort at PRIME Meghalaya, from April 28–30, 2026, in Shillong. The bootcamp focused on two core pillars essential to startup success: Business Model Design and Go-To-Market Strategy, with sessions led by Pankaj Baruah, Head – Startup Programs and Sanjoy Sen, Mentor, IIMCIP.
Read MoreIIM Calcutta Innovation Park collaborated with Maruti Suzuki Innovation to organise the Maruti Suzuki Innovation Hackathon at Jadavpur University in Kolkata on April 21, 2026. The event was co-organised in association with the Jadavpur University Motorsports Club, which provided on ground operational support.
Read MoreThe inaugural bootcamp of the IIMCIP–DICV Social Impact Incubation Programme for a Viksit Bharat brought together a select cohort of startups for three days of immersive learning, collaboration and reflection at IIM Calcutta on April 7—9, 2026.
Read MoreIIM Calcutta Innovation Park successfully conducted the first bootcamp for Cohort-3 of the Bengal Business Accelerator Program (BBAP) on April 21–22, 2026, at the IIM Calcutta campus. Bringing together a new cohort of early-stage founders, the two-day immersive program was designed to equip entrepreneurs with the core business frameworks and strategic tools needed to build scalable, market-ready ventures.
Read MoreWhile IIMCIP has played a pivotal role in nurturing high-potential startups, its vision extends to
strengthening the broader startup ecosystem, ensuring that every entrepreneur has access to the right guidance, exposure and resources to grow.
The Tiger’s Pitch Bootcamp 2026, held from April 8–10 at IIM Calcutta, brought together 50 high-
potential startups shortlisted from 112 applications for an intensive, three-day bootcamp cum shortlisting round.
Organised by the Rajiva Sinha Foundation in association with IIM Calcutta Innovation Park (IIMCIP), the bootcamp focused on preparing founders for high-stakes pitching through sessions on storytelling, pitch presentation and fundraising, supplemented by continuous mentor feedback and iterative pitch refinement.
Read MoreIIM Calcutta Innovation Park (IIMCIP), in strategic collaboration with the Tripura Rural Livelihood Mission (TRLM), marked a significant milestone with the successful launch of the Tripura Incubator Program in Agartala on April 4, 2026. The incubator programme is specifically designed to enable rural Self-Help Group (SHG)-led enterprises across Tripura by providing structured access to capacity building, mentorship and market linkages, empowering them to scale beyond local boundaries. IIMCIP’s proactive engagement in the programme underscores its commitment to extending its structured incubation framework beyond metropolitan ecosystems and into grassroots entrepreneurial communities across the country.
Read MoreIIM Calcutta Innovation Park hosted its popular Mentor's Clinic programme in Guwahati on March 26, 2026. The event offered new and aspiring startup founders the opportunity to sit one-on-one with experienced mentors from the IIMCIP network to identify their business impasse and chart out a clear path forward. Founders of 10 early-stage startups participated in the clinic, accruing valuable feedback and takeaways from mentors, viz., Pranjal Konwar (COO, IIMCIP), Pankaj Baruah (Head – Startup Programs, IIMCIP), Subir Singha (VP – Rural Incubation, IIMCIP), Sriparna B Baruah (Former Head – CIE, Indian Institute of Entrepreneurship) and Devasish Sharma (AVP – Programs, IIMCIP).
Read MoreIIM Calcutta Innovation Park, in collaboration with Maruti Suzuki India Limited, successfully hosted the Maruti Suzuki Nurture Cohort 3, Grand Idea Hunt at IIM Calcutta on March 19, 2026.
Read MoreIIM Calcutta Innovation Park (IIMCIP) was proud to play a core part in the Demo Day of STPI OctaNE 6.0, 7.0 & 8.0, held in Guwahati on March 13 and 14, 2026, bringing together 20 early-stage tech startups from the cohorts, investors and ecosystem enablers on a single platform.
Over the two days of the Demo Day, startups presented their solutions and growth trajectories to a panel of investors, marking the culmination of weeks of structured mentorship, strategic refinement and continuous founder engagement. Srinavas Gadhavilli, Head – Sourcing, and Sadique Mannan, AVP – Programs, represented IIMCIP at the event.
IIMCIP’s role in the program is a part of a longstanding partnership with STPI across multiple Centres of Excellence, contributing to the growth of diverse startups. The engagement spans key centres including STPI Hyderabad, STPI Lucknow, STPI Gurugram, STPI Bhubaneshwar and STPI OctaNE, reflecting a sustained commitment to nurturing innovation across regions.
As a partner, IIMCIP plays a key role in supporting startups through business capacity building, focusing on strengthening core business fundamentals, refining revenue models, bridging the gap between product vision and market realities, and enabling founders to craft clear and compelling investor pitches.
Notably, IIMCIP is in the process of onboarding a startup from the sixth cohort of the OctaNE program for incubation, further deepening its investment in high-potential ventures.
Through a sustained collaboration with STPI, IIMCIP remains committed to bridging the gap between innovation and real-world startup execution, supporting founders in building scalable, investment-ready ventures and reinforcing the power of strong ecosystem partnerships in turning ideas into impactful enterprises.
IIM Calcutta Innovation Park collaborated with Maruti Suzuki India Limited to organise an Innovation Hackathon on March 10, 2026, in association with the Technology Incubation Centre, IIT Guwahati, with on-ground operational support from the Students’ Academic Board (SAB), IIT Guwahati.
The Hackathon brought together 12 innovative teams comprising 60 participants, creating a vibrant platform for young innovators, working at the ideation and prototype stages to present their solutions, exchange ideas and strengthen their entrepreneurial thinking.
After an exciting round of presentations and evaluations, three teams emerged as winners, along with a special jury recognition:
– Winner: Avinash & Rithvik
– Runner-Up: Devraj Choudhary &Saksham Barnwal
– 2nd Runner-Up: Himanta Doley
– Jury Award: Most Unique Idea – Sachin Kumar Sharma
The ideas were evaluated by an esteemed jury panel comprising Dr VK Rai (CEO, IIMCIP), Aditya Naag (Deputy General Manager – Innovation Excellence, Maruti Suzuki India Limited), Pranjal Konwar (COO, IIMCIP) and Pankaj Gogoi (Head of Operations, IIMCIP-TIC), who assessed the
participating teams based on innovation, feasibility and potential impact.
The event was also attended by representatives from Maruti Suzuki India Ltd., including Priyanshi Shah and Rakshit Joshi, along with members of the IIMCIP team, Sadique Mannan, Sabreen Ahmed and Upakul Das, who supported the successful execution of the Hackathon.
A special note of thanks goes to Himanshu Sharma (General Secretary, SAB), Aditya Jha (Joint
Secretary, SAB), the dedicated members of the Students’ Academic Board, IIT Guwahati, and Sanket Umap from IITG-TIC for their invaluable support in making the event a success.
The Hackathon served as a powerful platform for innovation, collaboration and entrepreneurial learning, reinforcing the importance of industry–academia partnerships in nurturing the next generation of problem solvers and startup founders.
IIM Calcutta Innovation Park hosted Shri Sanjiv Singh, IAS, Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, on March 9, 2026. The visit marked a significant milestone in IIMCIP’s journey, providing an opportunity for the IIMCIP leadership and the incubated startup founders to engage directly with the venerated official.
The event brought together the entire IIMCIP team, led by CEO, Dr VK Rai, along with nine promising startups from the IIMCIP portfolio, who shared about their innovations and demonstrated their products.
In his keynote address, Shri Sanjiv Singh encouraged startups to leverage the full suite of schemes available under the Startup India initiative, emphasising the Government of India’s commitment to creating an enabling environment for startups to thrive.
Shri Singh further expressed his admiration for the quality and calibre of the startups nurtured by IIMCIP. He noted that the startups he interacted with were among the best in their class, a testament to IIMCIP’s rigorous mentoring and incubation ecosystem. His words of encouragement were received with great enthusiasm by the entrepreneurial community present.
A few of the IIMCIP-incubated startup founders took the floor to walk Shri Singh through what they have been building. The presentations offered a compelling glimpse into the diversity of innovation being fostered at IIMCIP, spanning multiple domains and addressing real-world challenges.
The visit by the DPIIT Joint Secretary is a resounding validation of IIMCIP’s mission and the tangible impact it is creating within India’s startup landscape. IIMCIP remains committed to deepening its partnerships with government bodies, industry stakeholders and its growing community of startup founders and entrepreneurs as it charts the next chapter of its journey.
IIM Calcutta Innovation Park (IIMCIP), in collaboration with Pernod Ricard India Foundation (PRIF), hosted the Prakriti Incubation Launchpad Startup Summit in Guwahati on February 17, 2026, bringing together industry leaders, investors, development professionals and innovative startups focused on circular economy solutions. The summit marked the culmination of the Prakriti Incubation Launchpad program for sustainability and circularity startups from North East India, while highlighting pathways for sustainable innovation in the region.
The event celebrated the achievements of 12 innovative startups selected under the Prakriti Incubation Launchpad, each working at the intersection of sustainability and entrepreneurship. From waste management and upcycling to eco-friendly packaging, these ventures represent a new wave of purpose-driven businesses emerging from the North East.
A Distinguished Gathering
The summit was graced by Shri PVSLN Murthy, CMD of NEDFi, as the Chief Guest, whose presence lent weight to the occasion and signalled strong institutional backing for circular economy ventures in North East India.
The gathering also featured an impressive lineup of dignitaries and thought leaders: Anantika Singh (Senior Director – CSR, Pernod Ricard India), Ajay Jain (Chairman, IIMCIP Board), Dr. V.K. Rai (CEO, IIMCIP), Dr. Arup Kumar Misra (Chairman, Pollution Control Board, Assam), Bonani Roychoudhury (Independent Consultant – Sustainability and former MD, NABSAMRUDDHI Finance Ltd.), Hari Balasubramanian (Member, Indian Angel Network), Anvitaa Rastogi (Vice President – Portfolio & Strategy, ALSiSAR Impact), Dr. Sriparna B Baruah (Development Professional), Nityanand Natarajan (AVP – Manufacturing Operations, Pernod Ricard India) and Nayandeep Banerjee (Director – Packaging Development, Pernod Ricard India), among others.
The summit opened with a welcome address by Dr. V.K. Rai, CEO of IIMCIP, followed by keynote addresses from Anantika Singh and Ajay Jain, who set the tone for the day with reflections on the urgency and opportunity of building a circular economy in India led by the North East. Dr. Arup Kumar Misra and Bonani Roychoudhury added further depth, speaking on the regulatory and financial landscape shaping green entrepreneurship in the region.
The presentation by Pankaj Baruah, Head of Programs at IIMCIP, offered a comprehensive overview of the Prakriti Incubation Launchpad’s impact, encapsulating success stories, measurable outcomes and the way forward for expanding support to green ventures across the region.
Deliberations over a Fireside Chat
The morning session culminated in a fireside chat on “Funding Challenges and Emerging Opportunities for Green Startups in North East India.” Moderated by Hari Balasubramanian of the Indian Angel Network, the panel featured Anvitaa Rastogi (ALSiSAR Impact), Anantika Singh (Pernod Ricard India), Dr. Sriparna B Baruah and Nityanand Natarajan (Pernod Ricard India).
The conversation explored the unique challenges that circular economy startups face in accessing capital, from the limited presence of impact investors in the region to the need for patient capital that aligns with longer sustainability timelines. Panellists also highlighted emerging opportunities, including growing corporate interest of the corporates in the sustainability sector.
Impact Report Launch
One of the most significant moments of the summit was the formal launch of the Prakriti Incubation Launchpad Impact Report by Chief Guest Shri PVSLN Murthy. The report documents the programme’s achievements across the cohort, providing a clear account of how targeted incubation support can help scale early-stage sustainability businesses.
Afternoon Sessions: Stories, Skills, and Celebration
The afternoon kicked off with an inspiring storytelling session by Ittisha Sarah, Founder of North East Waste Collective. Her narrative resonated strongly with the audience, drawing on her own journey of building a waste management movement in the region.
This was followed by a Packaging Masterclass for Startups led by Nayandeep Banerjee, Director – Packaging Development at Pernod Ricard India. The session offered the cohort actionable insights into sustainable packaging design and commercialisation.
The programme concluded with the certificate and memento distribution to all 12 Prakriti startups, recognising their performance, growth and successful completion of the incubation programme. The moment drew well-deserved applause and marked a proud milestone for founders who had worked tirelessly throughout their incubation journey.
The Prakriti Incubation Launchpad Startup Summit demonstrated that North East India doesn’t just receive sustainability discourse but is an active contributor to it, with founders, institutions and partners collectively driving a circular economy that is both ecologically sound and economically viable.
As IIMCIP and Pernod Ricard India Foundation look ahead to expanding the programme, the 12 startups that completed this cohort carry with them not just certificates, but networks, skills and the confidence to turn circular innovation into lasting impact.
The sixth cohort of 75 startups at PRIME Meghalaya was officially welcomed during an inaugural bootcamp organised by IIMCIP, while bidding farewell to the graduating cohort this February in Shillong.
Over three intensive days, founders from across the state came together to build their entrepreneurial foundations and usher in the nine-month incubation journey ahead.
Day 1 opened with an ice-breaker session by Pankaj Baruah, Head – Programs, IIMCIP, setting an open and collaborative tone for the days ahead. This was followed by a foundational session on Vision and Mission Setting led by Pranjal Konwar, COO, IIMCIP, helping founders articulate where they are headed and why it matters.
Day 2 deepened the learning with Pankaj Baruah’s introduction of the Ladder of Success framework, a practical tool designed to help startups map their growth trajectory with clarity. IIMCIP CEO Dr Vivek K. Rai made a special appearance to personally address the founders, lending both perspective and encouragement to the cohort as they stand at the threshold of a significant entrepreneurial journey. The day also featured an in-depth session on Customer Segmentation by IIMCIP mentor, Sanjoy Sen, before closing on a stirring note with a firsthand testimonial from the founder of The Chicken Wagon, a graduate of Cohort 4, whose journey served as a powerful reminder of what is possible when founders stay the course.
Day 3 brought it all together. Founders revisited key frameworks through a recap of the Ladder of Success and continued discussions on customer segmentation, before participating in group mentoring sessions with IIMCIP mentors. By the time the bootcamp concluded, the cohort had not only gained practical business tools but had also begun building the peer connections and mentor relationships that would support them through the months ahead.
Celebrating Cohort 5, Onboarding Cohort 6
The momentum of the bootcamp carried forward into a milestone event, where PRIME Meghalaya brought together entrepreneurs, policymakers, mentors and ecosystem partners to mark a dual celebration: the graduation of 75 startups from Cohort 5 and the formal onboarding of 75 startups under Chief Minister’s E-Championship Challenge 6.0.
It was a moment that captured the full arc of what PRIME Meghalaya represents — beginnings and completions, effort acknowledged and new ambition ignited.
Under CMECC 6.0, the newly onboarded startups will receive nine months of comprehensive incubation support spanning mentorship, training, market linkages, buyer exposure and pathways to institutional funding.
A Landmark Conference Brings Together Policymakers, Financial Leaders and Industry Experts to Address Climate Change in the North Eastern Region
Climate change is no longer a distant threat but is impacting livelihoods, agriculture and businesses across India, with the North Eastern Region facing unique vulnerabilities. On February 6, 2026, IIM Calcutta Innovation Park (IIMCIP) and the Indian Institute of Bank Management (IIBM) came together to host a landmark conference in Guwahati, addressing one of the most pressing challenges of our time: the effect of climate change on agriculture and businesses in the North Eastern Region.
Supported by NABARD’s Department of Climate Action and Sustainability, the conference convened policymakers, financial institutions, academicians and industry leaders under one roof to deliberate on actionable strategies for building climate resilience in the region.
A. Setting the Tone: Inaugural Session
The conference opened with a warm welcome to dignitaries and guests, followed by the inaugural session that set the stage for the day deliberations. Shri Eugene E Karthak, Director, IIBM, delivered the welcome address, emphasising the importance of collaborative action in addressing climate challenges unique to the North East. He was joined by Shri Ajay Jain, Chairman, IIMCIP, who highlighted the critical role of innovation ecosystems in driving sustainable development.
Smt. Sushmita Phukan, Regional Director, RBI (North Eastern Region), shared RBI's perspective on climate change and its implications for the financial sector in the region. Smt. Ayushi Jain, IAS, Joint Secretary, Finance Department, Government of Assam, presented insights on Green Budgeting in Assam, a pioneering initiative that integrates climate considerations into state fiscal planning.
The inaugural address was delivered by Shri Loken Das, CGM, NABARD, Assam Regional Office, who underscored NABARD’s commitment to climate action and sustainable rural development. Dr V.K. Rai, CEO, IIMCIP, delivered the vote of thanks for the inaugural session.
B. Deep Dives: Thematic Sessions
C. Open House and Way Forward
The conference concluded with an open house discussion moderated by Prof. Abhijit Sharma,
Faculty, IIBM, and Shri Sushant Pal, Consultant, Multilateral Agencies and Government of India.
Participants engaged in a lively dialogue on actionable next steps, knowledge gaps and collaborative opportunities.
Dr VK Rai, CEO, IIMCIP, delivered the closing vote of thanks, reinforcing IIMCIP's unwavering commitment to driving climate action and sustainable innovation in Northeast India.
D. A Defining Outcome: The Climate Cell
Perhaps the most significant outcome of the conference was the formal groundwork laid for
the Climate Cell, a joint initiative by IIMCIP and IIBM. The Climate Cell will serve as a dedicated
platform for developing evidence-based climate mitigation and adaptation strategies tailored to the unique ecological, economic and social context of the North Eastern Region.
This initiative reflects IIMCIP’s belief that sustainable development must be rooted in research, collaboration and local relevance.
At IIM Calcutta Innovation Park, we believe that innovation must serve India's most vulnerable communities and ecosystems. The North East, with its rich biodiversity, agrarian economy and climate-sensitive geography, deserves solutions designed for its unique challenges and potential.
This conference marks another step in our commitment to catalysing sustainable, inclusive growth in the region. We extend our gratitude to IIBM, NABARD and all the distinguished speakers, moderators and participants who made this event a success.
The conversation has begun. The work continues.
The ReGen Innovation Accelerator-2025 Demo Day & Conclave concluded successfully on January 30, 2026, bringing together startup founders, seasoned investors and industry experts for two intensive days focused on building India’s green economy ecosystem.
Day One
The opening day on January 29 set the stage with comprehensive pitch training led by Pankaj Baruah, Head of Programs at IIMCIP. The afternoon sessions transformed theory into practice, with startups undergoing rigorous mock pitching exercises. A panel comprising IIMCIP mentors, Sanjoy Sen and Bibhash Mandal, and investors like Saurabh Singhavi (Director & COO, Alsisar Impact) and Shyam Sukhramani (Partner, 7th Gen Ventures), provided detailed feedback across three intensive sessions.
Day Two
The main event on January 30 brought together a powerhouse lineup of investors representing some of India’s most prominent early-stage investment firms. The morning session featured startup pitches before a distinguished panel comprising Hari Balasubramanian (Member, Indian Angel Network), Tamaghna Adhikari (Managing Partner, Benzai10), Kush Arora (Early-Stage Investments, Indian Angel Network), Madhuri Sawant (Director Investments & Legal, IvyCap Ventures), Satyam Goyal (Investment Manager, Blue Ashva Capital) and Deepak Kumar Katiyar (Asst. General Manager, L&T Innovation Fund).
The afternoon segment opened with a welcome address by Pranjal Konwar, COO of IIMCIP, followed by an academic perspective from Prof. Saikat Maitra, Assistant Professor of Public Policy and Management at IIM Calcutta.
Panel Discussions: Two thought-provoking panel discussions formed the intellectual heart of the conclave. The first, titled “Challenges & Opportunities for Green Economy Startups,” brought together entrepreneurs and impact investors to examine the ground realities facing sustainable businesses. The panel featured Achitra Borgohain (Founder, BinBag), Tapan Sarker (Researcher in Sustainability, Innovation & Climate Science), Ananya Saini (Program Associate, ANDE) and Shyam Sukhramani, with Sweta Bhatia (AVP-Legal & Strategic Initiatives, Alsisar Impact) serving as moderator.
The investor panel discussion that followed provided crucial insights into funding dynamics for green economy ventures. With participation from industry experts like Tamaghna Adhikari, Hari Balasubramaniam, Madhuri Sawant, Satyam Goyal, Deepak Kumar Katiyar, and moderated by Saurabh Singhavi, the discussion covered investment criteria, scaling challenges and the evolving landscape of impact investing in India.
Celebrating Innovation: The event concluded with recognition for the top ten startups from the ReGen Innovation Accelerator Program, whose innovative solutions demonstrated the potential to address critical environmental and sustainability challenges.
A networking session over tea allowed investors, mentors and founders to continue conversations initiated during the formal sessions, fostering connections that could lead to future collaborations.
As India accelerates its transition towards the Sustainable Development Goals, initiatives like the ReGen Innovation Accelerator play a crucial role in nurturing the entrepreneurs who will drive this transformation.
IIM Calcutta Innovation Park organised the MeitY TIDE 2.0 Northeast Techathon X-6 (Meghalaya Edition) across two locations—on January 21, 2026, at PRIME Startup Hub, Shillong, and on January 22, 2026, at the University of Science and Technology, Meghalaya (USTM).
The event featured intensive pitching sessions where aspiring entrepreneurs and innovative startups presented their business ideas before esteemed juries comprising industry experts, senior managers and academic faculty. Participants gained valuable insights through expert feedback and jury deliberations, while also benefiting from discussions on entrepreneurship ecosystem support and startup development strategies.
The Techathon recognised six winning startups across both locations—Better 1 Percent, Smart Farming Solutions and The Sports Hour from the Shillong edition, and Carbon-X, Pragjyoti Bazar and Money Matri from the USTM edition—who were awarded certificates and cash prizes for their innovation and execution potential, reinforcing IIMCIP’s commitment to nurturing early-stage innovation across North East India.
IIM Calcutta Innovation Park (IIMCIP) partnered with iStart Rajasthan to host the MeitY TIDE 2.0 Ideation Hackathon, “Nurturing Innovation: Ideas to Impact – Empowering Rajasthan”, on January 19, 2026.
The programme drew over 60 participants, witnessing 23 startups pitching to a senior panel representing IIMCIP and iStart Rajasthan. Among the participating ventures, Yathartha Labs, Geek Bots, Octopyder Services and Bharat Maps were recognised for their innovative approaches and market potential, each receiving a cash reward.
To further strengthen startup readiness, IIMCIP conducted a comprehensive workshop on ‘Incubation Cycle and What Incubators Look For’, led by Srinivas Gadhavilli, Head – Sourcing & Partnerships, IIMCIP.
The programme was well-received by the participating founders, appreciating the practical learnings and meaningful exposure to the incubation ecosystem. It further deepened the partnership between IIMCIP and iStart Rajasthan, reaffirming the collective commitment to empowering startups through structured incubation support, investment facilitation and regionally tailored capacity-building interventions.
IIM Calcutta Innovation Park (IIMCIP) successfully organised its Annual Incubatee Meet 2026 on 19 January 2026, followed by the Industry–Academia Deep Engagement Program on 20 January 2026, under the MeitY TIDE 2.0 initiative. The two-day program was designed to strengthen early-stage startups through mentoring, expert-led learning and structured engagement between startups, industry, academia and the broader innovation ecosystem.
Day 1 commenced with a welcome address by Mr. Pankaj Baruah, Head Programs, IIM Calcutta Innovation Park, who set the context for the program and articulated IIMCIP’s vision of strengthening early-stage startups through structured mentorship and ecosystem engagement. The Annual Incubatee Meet brought together startup founders, Entrepreneurs-in-Residence (EIRs), mentors, and ecosystem experts for intensive mentoring, diagnostics and capacity-building sessions.
A key highlight of the day was the Master Class on Investments and Fundraising by Mr. Hari Balasubramanian, Serial Mentor & Investor and Member of the Indian Angel Network. The session provided founders with practical insights into investor expectations, fundraising strategies and long-term value creation. Mr. Balasubramanian also emphasised the importance of wealth profiling for startup founders and the art of storytelling, highlighting how a clear and compelling narrative plays a critical role in attracting capital and building investor confidence.
The day also featured expert-led diagnostics and one-on-one mentoring sessions for incubated startups and EiRs. These sessions allowed founders to receive targeted feedback on business models, market positioning, operational readiness and growth challenges, enabling actionable insights and focused course correction.
With active participation from over 40 participants, including 15 startups, 20 founders and co-founders, students and faculty members, setting the tone for deep engagement, peer learning and meaningful ecosystem collaboration. 15 startups went through a holistic diagnostic and mentoring session by 10 mentors.
Day 2 focused on strengthening collaboration between industry, academia and startups, with a special emphasis on students and academic institutions as key drivers of future innovation.
The day began with a Master Class on Intellectual Property Creation, Commercialisation and Innovation Readiness, led by Abhigyan Sidhant, Founder, Temple Legal LLP. The session enabled startups to understand the strategic importance of IP protection, technology commercialisation pathways and building innovation-ready enterprises capable of sustainable scaling.
This was followed by a Master Class for students on Market Challenges and Solution Building, conducted by Commodore Pushkar Kumar of the Indian Navy. The session encouraged students from build clubs and engineering institutions to adopt a market-oriented approach to problem-solving, effectively bridging academic learning with real-world application and impact-driven innovation.
A major highlight of the day was the panel discussion on “Bridging the Industry–Academia–Startup Gap,” moderated by Dr. Siddhartha Das, Professor, IIT Kharagpur and former MD, STEP IIT KGP. The panel featured distinguished speakers including:
The discussion explored pathways for translating academic research into market-ready solutions, industry expectations from startups, and the role of institutions in fostering innovation-led entrepreneurship.
The active involvement of IIMCIP mentors through mentoring, evaluations, and strategic guidance strengthened ecosystem engagement. The Annual Incubatee Meet 2026 reaffirmed IIMCIP’s commitment to nurturing innovation-driven entrepreneurship by enabling startups and student innovators to build scalable, market-ready, and impact-driven ventures.
To commemorate National Startup Day, the National Institute of Technology (NIT) Raipur, through its incubator NIT Raipur Foundation for Innovation & Entrepreneurship (NITRRFIE), in collaboration with IIM Calcutta Innovation Park (IIMCIP), organized the Startup Capital Connect Workshop. The day-long workshop served as a strategic platform to connect early-stage startups with investors, mentors, policymakers and financial institutions.
The event commenced with an inaugural session featuring welcome remarks and institutional perspectives from NIT Raipur leadership, followed by keynote addresses highlighting innovation-led entrepreneurship and investment readiness. Strategic insights were shared by representatives from IIM Calcutta Innovation Park and the Government of Chhattisgarh, offering valuable perspectives on regional and national startup ecosystems.
The workshop was designed to strengthen early-stage startups by enabling investor engagement, improving funding readiness, promoting awareness of government support and market opportunities and facilitating strategic networking and partnerships. A key highlight was the curated startup pitching sessions, where selected startups presented their ventures and received live feedback from an esteemed jury comprising Dr. N. V. Ramana Rao, Director, NIT Raipur; Dr. N. D. Londhe, Registrar, NIT Raipur; Mr. Soujit Das, Senior Manager, IIM Calcutta Innovation Park; Mr. Zulfikar Trivedi, Mentor, IIMCIP and CFO, Somerset Indus Capital; Mr. Ram Khandelwal, General Manager, Directorate of Industries & Commerce, Government of Chhattisgarh; and representatives from HDFC Bank.
A key highlight of the workshop was the live pitching session, where 15 incubated startups of NITRRFIE presented their business models, funding requirements, and strategic roadmaps to an expert panel comprising IIMCIP representatives and investors. The session enabled real-time feedback, strategic guidance and potential follow-on engagements. As a significant outcome, three technology-led startups were shortlisted by IIM Calcutta Innovation Park for advanced deliberations with its Investment Committee, with the event also indicating potential funding support of up to INR 1.5 crore for eligible incubated startups.
The Startup Capital Connect Workshop concluded with strong stakeholder engagement and reaffirmed the commitment of NIT Raipur and IIM Calcutta Innovation Park to nurturing innovation-driven entrepreneurship. By bridging startups with capital, mentorship and institutional support, the workshop contributed meaningfully to strengthening the regional startup ecosystem and advancing scalable, technology-led ventures.
The Bengal Business Accelerator Program (BBAP) Cohort 2 concluded with an impactful Demo Day and Valedictory Ceremony on January 14, 2026, at the IIM Calcutta campus, which united the graduating Cohort of 25 promising startups with investors, bankers and ecosystem leaders.
Demo Day: Pitching to Investors
The event commenced with intensive pitching sessions with an esteemed investor panel comprising Rimjhim Ray, 3X AIpreneur | Partner, Goa Angels; Abhisek Ghosh, Regional Product Manager (East), Startups and GIGA Banking; Arijit Bhattacharya, Founder, Virtual Infocom; Aquib Hossain, Founder, Freeflow; Viresh Oberoi, Founder, mjunction; Dr Ringo Rajagopal, CEO, uMobi Solutions Corp; Nishant Surana, Client Success Partner, IDFC FIRST Bank; and Mohammed Ali, Regional Head (East), Emerging Enterprises Group, HDFC Bank Ltd.
The investors demonstrated keen interest in several ventures, providing strategic feedback, growth-oriented suggestions and actionable insights. Multiple investors indicated potential follow-up discussions with select startups, signalling promising investment opportunities ahead.
Valedictory Ceremony: Celebrating Entrepreneurial Spirit
The formal closure ceremony was graced by distinguished dignitaries like Sri Meghnad De, Special Secretary, Department of MSME, Government of West Bengal; Kaushik Gupta, Senior Vice President & Zonal Head (East), Government & Institutional Banking, HDFC Bank Ltd.; Abhik Mukherjee, Cluster Head, HDFC Bank; and Avinash Kumar, Chief Manager, Punjab National Bank; along with Dr V.K. Rai, CEO, IIM Calcutta Innovation Park, and Debapratim Das, CFO, IIM Calcutta Innovation Park.
The dignitaries commended the Cohort’s innovation, resilience and entrepreneurial drive, acknowledging the critical role BBAP plays in West Bengal’s economic development. Certificates were distributed to all participating startups, marking their successful completion of the programme.
A Government of West Bengal initiative implemented by IIM Calcutta Innovation Park, BBAP continues to strengthen the state’s entrepreneurial ecosystem by nurturing innovative MSMEs and startups into investment-ready ventures. The successful graduation of Cohort 2 reinforces IIM Calcutta Innovation Park’s commitment to nurturing high-potential ventures and driving innovation-led economic growth in the region.
IIM Calcutta Innovation Park (IIMCIP) organised the third bootcamp for the second Cohort of the Bengal Business Accelerator Program 2025, bringing together ambitious entrepreneurs, seasoned mentors and industry experts for two intensive days of learning, networking and growth.
The bootcamp was designed to equip founders with the knowledge, skills and confidence needed to navigate the complex landscape of fundraising and investor relations.
Day 1: Foundations of Investor Engagement
The bootcamp commenced with an in-depth presentation and feedback session led by our distinguished panel of IIMCIP mentors. Suman Mukhopadhyay (Director, Banglanatok.com), Debapratim Das (CFO, IIMCIP), Srinivas Gadhavilli (Head-Sourcing, IIMCIP), Sanjoy Sen (Mentor, IIMCIP) and Hari Bala Subramaniam (Mentor & Advisor – IIMCIP, IvyCap, Member – IAN) worked closely with participating founders to identify grey areas in their pitch presentations.
The interactive session allowed each startup to receive personalised feedback, helping them refine their presentations and address potential investor concerns before they enter the fundraising arena.
Post-lunch, Suraj Jaiswal, Partner at V Singhi, delivered a comprehensive session on “Valuation for SME.” Understanding valuation is often a stumbling block for early-stage founders, and this session demystified the complex methodologies, helping entrepreneurs arrive at realistic and defensible valuations for their ventures.
Following the tea break, Hari Balasubramaniam took centre stage with “What Investors Look for – Do’s & Don’ts for Startups.” Drawing from his extensive experience, he provided invaluable insights into investor mindset, common pitfalls to avoid and strategies that increase the likelihood of securing funding.
The day concluded with Avik Gupta, Chief Manager of Listing SME, exploring the pathway of “IPO Listing for MSME”, opening new horizons for founders.
Day 2: From Theory to Practice
Day 2 was structured around practical application. Deepak Daftari, Angel Investor and CEO of Esiksha.com, led the morning session with an “Overview on Raising Funds from Angel Investors,” sharing firsthand experiences and insider perspectives on what makes a startup attractive to angel investors.
The highlight of the bootcamp was the mock presentation sessions that occupied the majority of Day 2. Each participating founder had the opportunity to pitch to Deepak Daftari and Hari Balasubramaniam in a simulated investor meeting environment.
The mentors pushed founders with tough questions, challenged their assumptions, scrutinised their financials and provided the kind of rigorous feedback that only comes from investors who have seen hundreds of pitches.
As the third bootcamp concludes, our Cohort 2 enterprises from Bengal are significantly better positioned to approach investors with confidence. They understand what investors seek, can articulate their value proposition compellingly and are charting out realistic roadmaps for their fundraising journeys.
The second bootcamp for Cohort 2 of the Bengal Business Accelerator Program successfully concluded with an intensive two-day learning immersion designed to strengthen the foundations of emerging startups and MSMEs from Bengal.
The 2-day bootcamp opened with a hands-on workshop by Mr Pankaj Periwal (Partner, V. Singhi & Associates) on cost structures, revenue models and unit economics, equipping founders with practical tools to evaluate business viability. This was followed by a tailored session on pricing strategies for early-stage ventures by Dr Ritu Mehta (Professor, IIM Calcutta).
The afternoon session was led by Dr Abhishek Goel (Associate Professor, IIM Calcutta) on building high-performing startup teams, focusing on talent acquisition, culture and leadership. The day concluded with a comprehensive masterclass on financial projections, funding needs, cashflow planning and break-even analysis by Mr Periwal.
The second day began with a session by Mr Rajat Srivastava (Addl. Executive Director, EEPC India) on exploring international markets, export–import procedures and incentives, and critical insights for MSMEs aiming for global expansion. This was followed by an in-depth workshop by Mr Anil Bajaj (CEO, StrategGYDe Consultica LLP) on developing investor-ready business plans, aligning operations with fundraising goals and defining market strategies. Post the networking lunch, Mr Nitish Mawkin (Partner, Singhania & LLP) simplified the compliance and regulatory frameworks essential for startups.
The bootcamp concluded with the final segment of the business plan development masterclass by Mr Bajaj, enabling participants to refine their pitches and strengthen their investment readiness. The two-day bootcamp laid a strong foundation for Cohort 2, equipping entrepreneurs with enhanced clarity, stronger business frameworks and the mentor support needed as they move into deeper incubation and investor engagement.