NCF Energy emerged as the Student Startup of the Year, showcasing a revolutionary solution in thermal energy technology. Their Nano Carbon Florets (NCF) technology promises to transform solar-to-thermal energy conversion, delivering an impressive 90% solar absorption and potentially reducing carbon emissions by up to 66%.
The runners-up, Poccet Labs from AIIMS Delhi and Kuberns from Vellore Institute of Technology, also presented remarkable innovations. Poccet Labs is developing a groundbreaking point-of-care testing device that can perform lab tests using just two drops of blood, while Kuberns offers an innovative Platform as a Service solution that promises zero-configuration cloud deployments.
The 5th Edition of Grand Challenge received an impressive 1,012 applications from student entrepreneurs. The rigorous selection process involved four evaluation stages. 51 selected startups received one-one mentorship from industry experts.
The top 12 startups who competed at the Finale represent a remarkable breadth of innovation across multiple sectors:
- Bakeland: A multi-chain blockchain gaming platform bridging crypto ecosystems
- Blue Brew: A direct-to-consumer denim brand targeting Indian and global markets
- Bob: A ride-hailing aggregator platform revolutionizing urban transportation in India
- Breer: A creative food upcycling startup brewing craft beer from surplus bread
- HyPrix: Advanced defense technology for supersonic and hypersonic aviation
- Kuberns: Cutting-edge DevOps automation platform
- MagicRoll: AI-powered content creation tool for video editing
- Mumbai Pav Co. (MPC): Transforming street food with standardized, hygienic quick-service restaurants
- NCF Energy: Sustainable thermal energy solutions
- Tesseract: Innovative gaming approach to molecular discovery
- Panoculon Labs: Developing smart glasses for the visually impaired
- Poccet Labs: Revolutionizing point-of-care medical testing
A distinguished jury of industry leaders as given below, brought their extensive expertise to evaluate and support the next generation of entrepreneurial talent.
- Akarsh Hebbar (Director, Vedanta)
- Aditya Ghosh (Co-Founder, Akasa Air; Ex-President, IndiGo Airlines)
- Ashwni Kumar Tewari (MD & Board Member, State Bank of India)
- Bharat Shah (Co-Founder, HDFC Bank)
- Phanindra Sama (Co-Founder, redBus)
- Soumya Rajan (Founder & CEO, Waterfield Advisors)
- Ullas Kamath (Former Joint MD, Jyothy Labs)
- Vinita Bali (Former CEO, Britannia Industries)
- Yatin Shah (Co-Founder, 360One; Joint CEO, 360One Wealth)
Richa Bajpai, Founder & CEO of Campus Fund, said, "With a humble beginning in 2020, Grand Challenge has morphed into a national movement - providing a platform to young innovators with capital and confidence to build global businesses of the future from India for the World."