IIT Bombay E-Cell’s The Ten Minute Million (TTMM) – A Major Event for Aspiring Entrepreneurs

Mumbai (Maharashtra) [India], January 4: In India, around one in three startups fail due to insufficient funding, a reality that highlights the significant hurdles faced by entrepreneurs. To bridge this gap, IIT Bombay’s Entrepreneurship Cell (E-Cell) is all set to present the eleventh edition of The Ten Minute Million (TTMM), India’s pioneering on-the-spot funding event.

The slogan for this year’s event resonates perfectly with the startup ecosystem: “Having an angel to watch over you is cool! But do you know what’s really cool? An angel with money!” TTMM has established itself as a unique and essential platform for entrepreneurs seeking to take their ventures to the next level. Last year, the event saw an impressive success rate, with five out of seven participating startups securing funding of INR 2.4 million each. This year, TTMM promises to be even bigger, offering startups the chance to win up to INR 3.5 million in on-the-spot funding.

The event is unlike any other with its innovative format. Startups are given just 10 minutes to pitch their ideas to 14 investors, all in front of an audience of over 3,500 people. The pressure is high, but so are the rewards for those who succeed.

Participation in TTMM is open to everyone, with no fees or prerequisites, making it an accessible and exciting opportunity for aspiring entrepreneurs across the country. Registrations for the event are open until January 8, 2025, and can be done through the link provided on the official website: https://www.ecell.in/esummit/ttmm/.

Over the past decade, TTMM has proven to be a significant platform for startups. One in two startups that pitched at the event received investments, and some even saw national exposure with broadcasts on JioTV and OTT Play. TTMM has been graced by a prestigious lineup of investors, including renowned figures like Ajeet Khurana, former CEO of Zebpay; Sanjay Mehta, Founder of 100X.VC; Siddharth Ladsariya, Founder of Everest Fleet; Sumit Gupta, Co-Founder of CoinDCX; and many others.

TTMM will be the flagship event at E-Summit 2025 – Pursuit of Eminence, Asia’s largest business conclave, which will take place on February 1st and 2nd, 2025, at IIT Bombay. E-Summit is a landmark gathering that attracts over 60,000 attendees, 1,000+ startups, 150+ global speakers, and 120+ events featuring entrepreneurs, corporates, investors, and academicians.

Organized by the Entrepreneurship Cell, IIT Bombay, E-Summit 2025 is poised to inspire the next generation of business leaders, drawing from a network of over 20,000 startups, 3,000+ colleges, 250,000+ students, and 100,000+ professionals across 1,500+ cities.

The 20th edition of E-Summit marks a year-long effort and promises to be an unforgettable experience for innovators, entrepreneurs, and investors. Don’t miss the opportunity to be part of this prestigious event and get the chance to secure funding for your startup at TTMM!