Mumbai/Bengaluru, November 08th, 2022: Devic Earth, the global leader in ambient air pollution control technology used by Environment & Sustainability leaders, is pleased to announce that it has won the first prize at the VentuRise Global Startup Challenge Award 2022 organized by TiE Bangalore.
The VentuRise Global Startup Challenge Award 2022 is an initiative by TiE Bangalore that is aimed at aiding emerging startups and entrepreneurs worldwide, in the manufacturing and sustainability categories and carries prize money of USD 100,000 for the top three successful candidates. The startup challenge was a stage for startups to present their cutting-edge solutions and make connections with potential investors and thus #BuildForTheWorld. The event was a part of the Global Investors Meet-Invest Karnataka 2022, which took place from November 2 to 4 at Bangalore Palace grounds.
Out of 1200 participants from around the world, Devic Earth was selected among the top 50 startups in the jury screening round to showcase its innovative solution Pure Skies to the esteemed panel of judges. As a next step, including multiple pitch presentations, the startup was selected among the top 10 startups for the final pitch presentation to the grand jury which resulted in the company’s selection among the top 3 innovative startups.
Devic Earth then went on to become the people’s choice in the audience poll and receive the first prize from the Honorable Chief Minister of Karnataka, Sri Basavaraj Bommai, in the category of sustainability, which included the prize money of 40 Lakhs to #BuildForTheWorld.
Lathika Pai, country head of Microsoft, Venture Capital, and PE Partnerships said,
“Congratulations to Devic Earth Pvt. Ltd. for winning the VentuRISE Global Startup Challenge. We are glad to have identified and supported Devic Earth, A technology such as theirs has created a pathbreaking innovation to make clean air accessible to all and is hence needed in every part of the world.”
Dr. Srikanth Sola, the CEO of Devic Earth, added, We’re honored and humbled that our technology was not only the people’s choice but has also won the first prize at the prestigious challenge. We would like to thank and applaud TiE Bangalore for giving us a platform of such magnitude, and this victory will enable us to move a step closer to our mission. This is an addition to the accolades already won and more to come. With this recognition, we are keen and looking forward to enlivening our vision to save a million lives from air pollution by bringing clean air to the world.”