Hyderabad: Four Hyderabad-based startups operating in the healthcare and lifestyle sector walked away with top honours at the TiE Woman Regional Finals, virtually hosted by TiE Hyderabad. One winner and 3 runners up were declared in a competition that witnessed over 16 women-led startups battle for top honours.
The winner of the regional finals was Sapien Biosciences, co-founded by Dr Jugnu Jain is working on a biobank multi-disease screening solution. The first runner up position went to washable and reusable face mask and headgear creator Dibbu Solutions. Silpa Reddy founded Luxpack bagged the second runners up spot while Hemis, founded by Prashansa Shahani took away the third runners-up spot.
The winner took away a fully paid boot camp organised by empoWer (a tech accelerator exclusively for women entrepreneurs) and would be representing Hyderabad at the TiE Global Competition to be held in December 2020 where she could stand a chance to win an equity-free fund of $100,000 for her business pitch. The winners were adjudged by Lakshmi Nambiar (Anthill Ventures), Ranjan Chak (Oak Investment Partners) and Jay Krishnan (Mantra Capital) who evaluated the business pitches put forward by the companies based on their strength of ideas, global scalability, and presentation.
The three-runner ups will be eligible to attend the fully paid boot camp by empoWer and have an opportunity to be incubated at the technology business incubator SRiX besides access to a six-month-long mentorship at T-Hub in addition to the Mentor Advisor programme offered by TiE Hyderabad among other membership benefits.
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