Unicorn Hunt-2016, a business plan competition organized by Dreamwallets and BREW focused on hunting ideas that are at an embryonic or conceptual stage present within colleges, incubation centers, cafes or anywhere around us. The winning prizes for the competition were up to Rs. 1 Lakhs along with an advantage of pitching to various angel investors for an investment up to Rs. 50 Lakhs to Business ideas on merit basis.
Free online registration for Competition started on 3rd March 2016 and ended on 2nd April 2016. More than 500 entries for start-up ideas were received during the period from almost every state in India, making it a truly National level event in its first edition itself. Top 45 ideas were selected by the Jury for the second round which consisted of social media voting.
The Second round of the competition ran for a week and started on 3rd April 2016, and ended on 10th April 2016. Social media voting was taken into account for arriving at the final results along with the scores assigned by the jury panel to each idea based on key parameters. These parameters include viability of the business idea or product, team profile, traction, the addressable market size of the idea and much more. At the end of the second round, top 15 ideas were selected for the Third and the final round.
Third and the final round of the competition was held on 16th April 2016 at Malviya National Institute of Technology (MNIT) Jaipur.
Selected participants gave an elaborate pitch in front of investors within and all the teams tried their best to present their ideas.
After the presentations by the respective teams, jury panel announced the top 3 winners. Here is the list of top 3 ideas which have won the prize:
Each of the top 5 Teams also got the crowdfunding credit of Rs.10, 000 from DreamWallets. The Winners of crowdfunding credits were:
- Kaarigar Clinic
- Mugen Wave Power
- Smart Pill Dispenser
Dreamwallets congratulates all the respective winners of the UNICORN HUNT – 2016. We appreciate your support and cooperation. To make use of your respective crowdfunding credits be in touch with DreamWallets and learn how to take your ideas to over lakhs of people in the digital world.