Presents
SPONSORED BY
SUPPORTED BY
Radio Partner
Tv Partner
Gifting Partner
Exhibitors
12th & 13th July, 2024
Joseph Stein Auditorium, India Habitat Centre, New Delhi
12th & 13th July, 2024
Joseph Stein Auditorium
India Habitat Centre
New Delhi
about IITM SPORTS TECH STARTUP CONCLAVE 2024
IITM Sports Tech Start up Conclave is India’s first such conclave for this sector and will be held on 12th and 13th July, 2024 at Stein Auditorium - India Habitat Centre, Lodhi Road New Delhi. This groundbreaking event is an?initiative of? the Center of Excellence in Sports Science and Analytics (CESSA) in collaboration with Outlook.
The Conclave aims to bring together leading innovators, entrepreneurs, researchers, and stakeholders from across the sports industry and technology ecosystem to discuss and showcase the latest trends, developments, insights and opportunities in the field of Sports Tech. This could include :
- Products, solutions, platforms and applications to enhance athlete performance and also that serve general fitness and health conscious consumers
- Solutions that can work across media platforms & with sporting federations and bodies to enhance on ground experience and Fan Engagement.
- Sports science and education courses (engineering and management) & sports coaching products platforms, apps, products
- Sports eGaming, contest, interactive offerings, fantasy and other innovative fan engagement platforms
- Technology supported other innovative sports products/services offering
With a focus on fostering collaboration, innovation, and growth, the Conclave will feature insightful panel discussions, keynote speeches, interactive workshops, and networking sessions.
objective of the inaugural IITM CESSA sports-tech startup conclave-first of its kind in India
Showcasing Opportunities
Presentation to industry leaders, investors, and stakeholders (sporting bodies, athletes, fans, broadcasters, consultants)
Work overview of IITM CESSA
Outlining the vision, ongoing initiatives, and future plans.. Plus, Highlighting the support infrastructure for sports tech startups. .
Insights from Start ups & VCs
Highlighting insights and future through presentations by notable startups and VCs. Exploring emerging opportunities in India and worldwide, with a focus on collaboration and essential support.
Exploring New Ideas
Selected startups articulating their opportunities, product concepts, market entry strategies, and support prerequisites.
Expos for Demonstrations
Expo showcasing product demos, hackathons, and student competitions. Focus on providing fund, tailored to specific product & growth requirements.
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event highlights
- The first ever gathering of sports tech start ups in the country.
- Opportunity for the companies to exchange ideas and explore opportunities for future growth leveraging IIT Madras center of Excellence in Sports science and Analytics (CESSA) expertise and set the stage for India’s big impact moves in this space in the next 3 years
- Presentation of opportunities in the space and cutting-edge work in computer vision, AI, IoT, sensors applicable in sports by researchers and industry players
- Industry leaders and investors present under one roof and exploring tie ups and strategic partnerships in sports tech space.
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why should you attend?
business development
Explore new business opportunities, forge strategic alliances, and identify potential customers or clients through meaningful interactions and engagement during the Conclave.?
brand visibility
Gain exposure and enhance your brand's visibility among a highly targeted audience of sports technology enthusiasts & key players in the sports ecosystem, professionals, and thought leaders.?
thought leadership
Position your company as a leader in the sports technology space by sharing insights, expertise, and innovative solutions with attendees through speaking opportunities and thought leadership initiatives.?
networking opportunities
Connect with key stakeholders, including industry experts, investors, decision-makers, potential consumers and potential partners, fostering valuable relationships that can drive business growth and innovation.?
market insights & technology trends in sports
Stay ahead of the curve by staying informed about the latest trends, advancements, and market dynamics shaping the sports technology landscape, gaining valuable insights to inform your business strategy and decision-making process.?
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Agenda
12 and 13 July : Adjacent Hall – Products, Platform Showcase, demos of Sports tech products and application besides contests, games
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The pitch
What’s in store for you
Opportunity for 10 selected sports tech startups to present their product/company plan during the conclave. Up to 10 could be selected for funding.
Why Apply
Opportunity to showcase your product, business plan and/or start up ideas in the sports tech space as a prestigious National platform if you are chosen amongst the ones who apply.
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About IITM
Indian Institute of Technology Madras?(popularly known as?IITM?or?IIT Madras) is a public technical university located in Chennai,Tamil Nadu , India. It is one of the eight public Institutes of Eminence of India. As one of the Indian Institutes of Technology?(IITs), IIT Madras is also recognized as an Institute of National Importance.
IIT Madras was ranked 1st in the overall category, 2nd among research institutions, 1st among engineering colleges [46] and 15th among management schools in India by the National Institutional Ranking Framework (NIRF) in 2023. Outlook India ranked IIT Madras 1st among government engineering colleges in 2022. IIT Madras was ranked 4th in the QS India Rankings of 2020...
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About CESSA
The Center of Excellence in Sports Science and Analytics (CESSA) at IIT Madras is :
- A global platform for fostering innovation in sports technology and deliver products and solutions to enhance athlete performance and also serve general fitness and health consumers.? Taking the lead in setting up asupport eco system for sports Tech start ups in India . This will be supported by inter-disciplinary faculties from IIT Madras accomplished in the field of modelling, data science, IoT and AI and wearables and biomechanics. Taking the lead in carrying out cutting edge research in sports science and analytics.?
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About outlook business
Launched in 2006 by Rajan Raheja Group’s Outlook Publishing, Outlook Business has grown to be the second-largest business magazine in the country. Outlook Business has three thrust areas – enterprise, strategy and markets. Enterprise gives readers a preview into the world of budding entrepreneurs, emerging businesses, private equity and venture capital. Strategy focuses on mature companies and leaders in business and the markets section delves on key trends driving them. Despite being the youngest Indian business magazine, Outlook Business has been breaking new ground bringing readers relevant business stories, right from exclusive interviews with Warren Buffett and Bill Gates to secret dairies of India’s leading entrepreneurs and CEOs, and ground-up reports on state of the economy, industry and bottom-of-the pyramid innovation.
SPONSORED BY
SUPPORTED BY
Radio Partner
Tv Partner
Gifting Partner
Exhibitors
Venue & date
IIT Madras Research Park?| June 14 and 15, 2024
IIT Madras Research Park , IIT Madras
IIT-Madras Research Park an independent company set-up by IIT-Madras, has been in the fore front to promote innovation-based technology start-up ecosystems through its various initiatives. The start-up incubation framework at IIT Madras, comprises a sandbox known as Centre for Innovation (CFI), a pre-incubation cell called NIRMAAN, both of which are located within IIT Madras, the Research Park which is outside of the IIT-Madras campus, has four Technology Business Incubators (TBI), Incubation Cell (IC), Rural TBI, Bio Tech TBI and Med Tech TBI. The Research parks also hosts several corporate companies that leverages the expertise of faculty, the skill set of students/research scholars and the various labs/infrastructure at IIT-M.
Details below
- IIT Madras Incubation Cell (IITMIC) in the?IIT Madras Research Park. It has an 80% success rate with Startups!
- Started with a 400 Cr debt, returned 600 Cr in total (debt interest and principal)
- IITMIC didn’t take any grants as they said they wanted to experience and showcase how to create a sustainable bootstrapped business for startups – they grew from the ground up in a lean way!
- IITMIC as of 2023 end had a portfolio of 351 deep tech startups valued at Rs 45,000 crore ($5.4 billion). It has led to 8000-9000 direct jobs as well!
- Technology supported other innovative sports products/services offering
Success Stories
- Their start-ups include known names such as Ather Energy (750-800 MN $ valuation, so unicorn status is imminent) – they built everything, right from the chassis to the motor at IITMIC
- Agnikul Cosmos and the unicorn Uniphore (was a non-IIT Startup)
- MediBuddy - Raised $200 million to date and is currently valued at close to $500 million.
- Their incubated startups have raised Rs 9500 Cr of funds and generated 1,300 patents.
Fun Facts on IITMIC
- The survival rate of startups is 80% v/s 4-6% normally. They plan to close the financial year with 366 patents and launch 100 startups in 2024!
- IITMIC also owns 1% equity in many of these companies and they are making ?50-60 crore a year! (Equity does create wealth after all!)
- The 10x Plan They are not stopping here - 10x plan.
- A vision plan till 2030.
The first element of the plan is to raise the number of incubatees to 1,000 a year, from about 45 today Towards this, they aim to partner with 50 to 100 incubators in tier-2, tier-3, and tier-4 institutes and nurture their incubates to succeed. Towards this, the Cell will partner with a hundred incubators in tier-2 and tier-3 cities. The second element of the plan is to nurture around 50 products born out of Indian R&D so that each earns annual revenues of ?1,000 crore. The third pedal of the vision is to get Indian technologists among the top 2 percent in any area and the fourth is to work towards ensuring that India is recognized “among the top five countries” in five sectors. Conclusion - One of the Ultimate Startup incubators/investors is the IIT Madras Incubation Cell (IITMIC)! Source: Aditya Kondawar , partner and VP Complete Circle Capital
Agenda
12 and 13 July : Adjacent Hall – Products, Platform Showcase, demos of Sports tech products and application besides contests, games
event highlights
- The first ever gathering of sports tech start ups in the country at the premier IIT Madras research Park
- Opportunity for the companies to exchange ideas and explore opportunities for future growth leveraging IIT Madras center of Excellence in Sports science and Analytics (CESSA)? expertise and set the stage for India’s big impact moves in this space in the next 3 years
- Presentation of opportunities in the space and cutting-edge work in computer vision, AI, IoT, sensors applicable in sports by researchers and industry players
- Industry leaders and investors present under one roof and exploring tie ups and strategic partnerships in sports tech space.
- Other stakeholders presence – sporting bodies, athletes, fans, broadcasters, consultants and showcasing of relevant work
- Showcasing of work of IITM CESSA & support offered for sports tech start ups
- Presentation and pitches by select sports tech start ups for funding support to an eminent panel of judges
- Panel discussion on topics relevant to sports tech
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Besides the above showcase of :
- Products, solutions, platforms & applications to enhance athlete performance and also serve general fitness and health consumers.
- Solutions that can work across media platforms & with sporting federations and bodies to enhance on ground experience and ?fan engagement.
- Sports science and education courses (engineering and management) & sports coaching products platforms, apps, products
- Sports egaming, contest, interactive offerings, fantasy and other innovative fan engagement platforms
- Technology supported other innovative sports products/services offering
- Of course fair bit of contests and games thrown in in during the breaks
- The Conclave will have panels discussing initiatives and plans to strengthen the sports eco system for Bharat to become world-class. The Conclave will showcase IITM’s commitment to promote sports start-ups in India and its plans to technologically support: the Indian Government in facilitating hosting Olympics 2036 and the sports goods manufacturing firms on indigenization. Spell out plans for access to quality sports education through digital platforms of IIT for various players in the sports eco system in the country.
The pitch
What’s in store for you
Opportunity for 10 selected sports tech startups to present their product/company plan during the conclave. Up to 10 could be selected for funding.
Why Apply
Opportunity to showcase your product, business plan and/or start up ideas in the sports tech space as a prestigious National platform if you are chosen amongst the ones who apply.
Rules For Final Selected Sports Tech Startups For Investment
Up to 10 the final shortlisted Sports Tech Startups , that Finally Clear All The Rounds (More Details Will Be Updated Here Soon), IIT Madras Will Offer Investment Support Ranging From Rs10- 50 Lakhs Per Start Up (Based On The Business Potential) For Equity Stake By IITM Pravartak And Support From IITM CESSA During The Incubation Process . The Pre Condition For Funding Would Be It Should Be A Novel Sports Tech Product/Platform/Application Offering** With The Following At Its Core (SNAC)
- Sensors
- Networking
- Actuators
- Control Systems
Would Include AI And IoT Based Sports Tech Products As Well
It Can Even Be An Idea/Initial Stage Start Up Provided For Them To Be Finally Selected They Should Have The Company Incorporated And Their IPR Check Done By IITM Research Park Team.
Broad Areas Identified For Sport Tech Are As Below And Within That The Idea Has To Be Novel :
- Media And Entertainment/ Content/ Streaming Platform
- Fan/Player Engagement/Gamification
- Athlete/Player Performance – measurement, enhancement
- Team And Coach Success
- Venue And Event Innovation
- Fantasy Sports And Betting
- Esports
- Sports Education
- Sports Data Analytics And Fan Engagement With Metrics, Insights And Gamification
- Sports commerce
- Sports community
- Game/sports related eco system efficiencies improvement through technology
About IITM
Indian Institute of Technology Madras?(popularly known as?IITM?or?IIT Madras) is a public technical university located in Chennai,Tamil Nadu , India. It is one of the eight public Institutes of Eminence of India. As one of the Indian Institutes of Technology?(IITs), IIT Madras is also recognized as an Institute of National Importance.
IIT Madras was ranked 1st in the overall category, 2nd among research institutions, 1st among engineering colleges [46] and 15th among management schools in India by the National Institutional Ranking Framework (NIRF) in 2023. Outlook India ranked IIT Madras 1st among government engineering colleges in 2022. IIT Madras was ranked 4th in the QS India Rankings of 2020
National Programme on Technology Enhanced Learning (NPTEL)
To improve the quality of higher education in India, IIT Madras came up with an initiative called NPTEL (National Programme on Technology Enhanced Learning) in the year 2003.?As per this initiative, all the IITs, along with the IISc Bangalored come up with a series of video lecture based courses across all the streams of engineering.https://en.wikipedia.org/wiki/IIT_Madras?This initiative has gained wide popularity in India and the lectures are being used by several engineering students from across India. It is the largest online repository in the world of courses in engineering, basic sciences and selected humanities and social sciences subjects
IITM Research Park
IITM Research Park is India's first university-based research park.?The Research Park functions to promote innovation in established companies and provide a nurturing ecosystem to startups through incubation efforts and technical infrastructure.More details above in IITM research park
About CESSA
The Center of Excellence in Sports Science and Analytics (CESSA) at IIT Madras is :
- A global platform for fostering innovation in sports technology and deliver products and solutions to enhance athlete performance and also serve general fitness and health consumers.? Taking the lead in setting up asupport eco system for sports Tech start ups in India . This will be supported by inter-disciplinary faculties from IIT Madras accomplished in the field of modelling, data science, IoT and AI and wearables and biomechanics. Taking the lead in carrying out cutting edge research in sports science and analytics.?
- Woking on delivering products and solutions across media platforms working with sporting federations and bodies (creating their platforms and enhancing on ground experience) to increase fan engagement.
- Will work towards delivering high quality Sports science and education courses & sports coaching products targeted at students and coaches through various strategic collaborations with IITM credibility, expertise, content and certification.
- Taking the lead in setting up asupport eco system for sports Tech start ups in India . This will be supported by inter-disciplinary faculties from IIT Madras accomplished in the field of modelling, data science, IoT and AI and wearables and biomechanics.
- Taking the lead in carrying out cutting edge research in sports science and analytics.
