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5 Startups Land ₹5.5 Crore in Funding at Pitchathon

Hindustan Times Chandigarh

|

March 08, 2025

Five innovative startups secure significant backing as 40 investors unite to fuel the future of business at TiECon's first-ever Pitchathon

- Mandeep Kaur Narula and Rajanbir Singh

CHANDIGARH: As many as five startup companies that pitched their businesses during "TiECon," the flagship event of the Chandigarh chapter of The Indus Entrepreneurs (TiE), walked away with a whopping ₹5.5 crore in funding on the event's concluding day on Friday.

TiECon, in association with Chandigarh Angels Network (CAN), organised "Pitchathon: Startup-Shark Soiree," a live funding event for startups, for the first time. The event featured pitches, negotiations and deal signings, all in real time. In total, 10 startups pitched live on Thursday, with over 40 investors ready to invest ₹5 crore. Among them, five secured funding of ₹5.5 crore, exceeding the investors' pre-decided amount.

Nymbleup Solutions Pvt Ltd, a firm providing SAS services (software as a service) to manage workforce shifts in restaurant chains using advanced artificial intelligence (AI)-powered solutions, bagged ₹1.5 crore in funding, the highest among the five firms. Nymbleup was founded in 2019 by Yogesh Bhatt and Manish Thakur.

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