Building on the creative energy that Startup Weekend 2014 brought to the city, global leader in online payments, PayPal, announced today that it will host Startup Weekend in Chennai for the second consecutive year at the PayPal India Technology Center, Chennai from June 5 – 7, 2015.
What is Startup Weekend ?
Startup Weekend is a 54-hour event where aspiring entrepreneurs come together to form teams, build products and try to develop viable startup ideas. The global grass-roots movement, which promotes creativity, innovation and entrepreneurship, is the largest community of entrepreneurs in the world, with over 1,800 events organized in 120 countries in 2014.
At Startup Weekend, participants get to meet, brainstorm and form groups based on their interests. They will also have the chance to work with mentors from technology and business fields, as well as angel investors to discuss and get insights on coding, designing, business model creation and market validation to help their idea development. At the end of the weekend, the teams will present their final plans to a panel of expert judges from across the industry.
Speaking about the event, Anupam Pahuja, General Manager, Technology, PayPal Asia Pacific said
We are thrilled to be hosting Startup Weekend in India for a second time. Through such events, we hope to be able to create a community for technology and startup enthusiasts to come together and collaborate on great ideas. As a leader in online payments and one of the world’s largest startups, we hope that the technology mentorship PayPal can provide will help enable and drive innovation within the technology ecosystem in India.
Details about Startup Weekend Chennai
Startup Weekend Chennai will focus on solving challenges in the financial technology space, encompassing areas related to credit, payments, security, asset management, currencies, etc.
How to register for Startup Weekend Chennai
The contest is open to developers, designers, product managers, marketers and startup enthusiasts – anyone with a creative idea and the desire to learn. Interested applicants can register for this year’s Startup Weekend at the following link. The registration closes at 12 P.M on June 4, 2015.
Why should you attend Startup Weekend
Participants will have the opportunity to interact with technology leaders from PayPal, including Anupam Pahuja, General Manager, Technology, PayPal Asia Pacific, as well as renowned industry experts such as Deepak Krishnan, Associate Vice President of Growth, FreeCharge.in & Ashwini Asokan, CEO and Co-founder, Mad Street Den & Mad Street Labs, and Ramanan RV, CoFounder at Juspay.in who will be mentors and conduct workshops during the event.
The top three teams who will be crowned at the end of the 54-hours will have a chance to enter the Start Tank Incubation Challenge organized by PayPal, which provides early-stage startups a world-class incubation space and access to global mentors, angel investors and venture capitalists.
In 2014, the Startup Weekend witnessed participation from over 100 startup enthusiasts, well-established CEOs, and a network of angel investors.
About Startup Weekend
Startup Weekend is a global movement to promote entrepreneurship, which takes place in over 550 cities. Many existing companies have also raised angel funding as well as gone onto accelerators like The Morpheus, 500 Startups, Y Combinator, Microsoft Accelerator etc. They are supported in their efforts by Google for Entrepreneurs, NASSCOM & 500 Startups.
In the past 3 years, 500+ startups have started & 15,000+ entrepreneurs have been inspired. Teams have even started to generate revenue during the 54 hour event & others have even gone on to raise funds from Business Angels or Venture Capitalists.