<p>The Ramaiah Group of Institutions has announced awards for 24 start-ups in the country. </p>.<p>Having created a cross-disciplinary start-up ecosystem called 'Ramaiah Evolute' on its city campus in March to encourage innovation, entrepreneurship and academic excellence, the institute had called for applications for the award. </p>.<p>"We received many applications from start-ups across the country, covering a diverse range of domains, and the top quartile applications were extremely competitive," Muralikrishnan Gopalakrishnan, CEO, said on Thursday. </p>.<p>The evaluation process ended with the selection of 24 start-ups for the 'Star Start-up Awards'. The selected start-ups were approved by the Ramaiah Investment Committee which included M R Seetharam, Vice Chairman, Ramaiah Group of Institutions. </p>.<p>"The selection process was based on high technology and high innovation, where the product or process would bring about a strong, significant impact on society with perhaps a paradigm shift in the concept and functionality of the concerned segment... Our goal was to ensure that the selected start-ups covered at least six to seven different domains,” said Samartha Nagabhushanam, Advisor on Board. </p>.<p>The companies will receive the awards on August 23 and some of them will be a part of Ramaiah Evolute. Explaining the rationale behind the idea, Seetharam said actively nurturing innovative entrepreneurship was the best way to ensure a leap in India’s GDP and technological advancement. Ramaiah group chairman M R Jayaram congratulated the teams.</p>
<p>The Ramaiah Group of Institutions has announced awards for 24 start-ups in the country. </p>.<p>Having created a cross-disciplinary start-up ecosystem called 'Ramaiah Evolute' on its city campus in March to encourage innovation, entrepreneurship and academic excellence, the institute had called for applications for the award. </p>.<p>"We received many applications from start-ups across the country, covering a diverse range of domains, and the top quartile applications were extremely competitive," Muralikrishnan Gopalakrishnan, CEO, said on Thursday. </p>.<p>The evaluation process ended with the selection of 24 start-ups for the 'Star Start-up Awards'. The selected start-ups were approved by the Ramaiah Investment Committee which included M R Seetharam, Vice Chairman, Ramaiah Group of Institutions. </p>.<p>"The selection process was based on high technology and high innovation, where the product or process would bring about a strong, significant impact on society with perhaps a paradigm shift in the concept and functionality of the concerned segment... Our goal was to ensure that the selected start-ups covered at least six to seven different domains,” said Samartha Nagabhushanam, Advisor on Board. </p>.<p>The companies will receive the awards on August 23 and some of them will be a part of Ramaiah Evolute. Explaining the rationale behind the idea, Seetharam said actively nurturing innovative entrepreneurship was the best way to ensure a leap in India’s GDP and technological advancement. Ramaiah group chairman M R Jayaram congratulated the teams.</p>
