Aureus Analytics was amongst the 10 startups shortlisted to present at the YourStory Spotlight event held at IIT Bombay on May 16, 2015, organized jointly with Nexus Venture Partners and IBM. This was YourStory’s first such event in Mumbai. Over 400 members which included startups, students, serial entrepreneurs and investors attended this event.
The spotlight sessions kicked off with the shortlisted startups presenting their business to the audience. Ashish Tanna, COO & Co-Founder presented Aureus’ product suite and overall business model to the gathering. It was heartening to see the audience interest in Aureus product suite. Folks were especially keen to understand how ASAP (Aureus Statistical and Analytics Platform) is proving to be a game changer for the insurance and banking players. It was interesting to see possible use cases that were also thrown at Ashish to see if ASAP could find applicability in other industries.
It was interesting to hear the advancements young companies have made in the space they have chosen. The other startups that pitched were from the logistics, lifestyle, and other upcoming areas.
The start up pitches were followed by a panel discussion around fund raising, hiring and scaling up. The panelists were – Anup Gupta from Nexus Venture Partners; Manoj Gupta, Founder/CEO -Craftsvilla.com; Abhijit Sharma, Co-Founder, Arkin Net and Gaurav Choudhary , Co-founder of Tiny Owl. Between the four, they covered key areas of fund raising, operations and other key areas of focus for startup founders.
The last session for the day was by Radhesh Kanumury from IBM on technology trends and networking.
YourStory has been a beacon of guidance for the startup ecosystem in India. Such events are especially important because they bring a lot of clarity into what should be clear areas of focus as well as pitfalls young entrepreneurs could avoid.