Hyderabad: The Grand Finale of the fourth India-UK TECH Rocketship Awards was held on Tuesday at the India-UK Createch Summit in Mumbai. Seven finalists were awarded in the grand finale from the 15 semi-finalists that pitched at Bengaluru last month.
Two T-Hub startups Paymatrix (rent management) and Ayasta (enterprise focused IoT startup) emerged as winners.
The other include artificial intelligence startup Staqu, table reservation platform Dineout, AI enabled fraud detection startup Thirdwatch, medtech startup Mimyk, and agritech startup CropIn. The startups were awarded by The Prince Edward, Earl of Wessex KG GCVO.
The panelists judging the TECH Rocketship Awards included Baroness Rona Fairhead CBE, Minister of State for Trade and Promotion; Sir Dominic Asquith KCMG, British High Commissioner to the Republic of India; Mohan Reddy, founding director T-Hub; T V Mohandas Pai, MD Aarin Capital; Saurabh Srivastava, founding member, Indian Angel Network; Arvind Gupta, national president, BJP IT Cell; and Alok Vajpeyi, Chairman Rainmaking Innovation.
More than 300 applications and 1,300 startups participated in the fourth edition of TECH Rocketship Awards, which was announced in October last year. Of these, 15 tech startups across diverse sectors such as cyber security and artificial intelligence had been selected for the live pitching round.
TECH Rocketship is an India-focused startup campaign that helps promising new startups to scale up their businesses. Its main aim is to foster technology, innovation and collaboration among startups, universities, and industry leaders both in India and the UK.