Mangaluru: Inunity Farewell Event Held at Ocean Pearl in Hybrid Mode on March 14

Press release

Mangaluru, March 15: The Inunity farewell event took place on March 14 at Ocean Pearl in hybrid mode. The event was attended by dignitaries Dr Karisiddappa, Vice Chancellor, VTU, Sanjeev Gupta, (CEO, Karnataka Digital Economy Mission (KDEM) and MD & CEO, Lahari – Government of India Initiative) and Dr S Kumar, Executive Secretary , COMED-K in virtual mode and Guarav Hegde CII Mangaluru Chapter President, Past President, Jeevan Saldanha Past Past President CII Mangaluru and Dikshith Rai, CEO, CodeCraft Technologies Pvt. ltd.

The graduation program recognized the achievements of budding young entrepreneurs and congratulated the 52 shortlisted students from a group of 530 aspirants who successfully developed entrepreneurial ideas within 4 months to help solve various local challenges . Principals and coordinators of various colleges in the Mangaluru region encouraged the students with their gracious presence.

Dr. Karisiddappa, Vice-Chancellor of VTU, appreciated InUnity for its wonderful initiative and urged entrepreneurs, universities and mature students to support it.

Madan Padaki expressed his amazement at the student’s ideas and the energy of the entrepreneurs. It has also extended a free one-year TiE Bangalore membership to all InUnity students.

Dr S Kumar, Executive Secretary of COMED-K, explained how to promote innovative entrepreneurship and how networking of professional institutions supports institutions like InUnity.

Comed-K extended its support to InUnity and offered to partner with InUnity to develop 8 regional centers of excellence across Karnataka with at least 12 engineering colleges attached to each centre.

Sanjeev Gupta in his keynotes expressed in various ways how an organization like KDEM can be a boost for promoting entrepreneurship in emerging clusters in Karnataka. And how various industry associations and organizations like Inunity can come together to create entrepreneurial aspiration among young people.

InUnity is a pilot program in partnership with the Global Alliance for Mass Entrepreneurship (GAME) and Confederation of Indian Industry Mangaluru. It was launched with a vision to identify young entrepreneurs in the Mangaluru region, to solve local problems. This was launched in September 2021. Leading organizations and institutions such as Syngenta Foundation, College of Fisheries and Department of Fisheries, and Krishi Vigyan Kendra of Dakshina Kannada, collaborated with InUnity to identify local issues that required solutions. The program had 9 teams that successfully developed their solutions as a business model in agriculture, finance, education, healthcare and SaaS.

In line with the vision of harnessing the potential of young people to become job creators, InUnity has taken a crucial first step towards developing the next generation of entrepreneurs. Over a period of 4 months, with outreach to over 500 students across 15 colleges in Mangaluru, 52 students were able to build a viable solution to various local issues. The program is now poised for further growth and wider adoption across the state.

“Inunity Mangaluru will be organized as a biannual event in collaboration with all technological and non-technological institutions and industry associations in Dakshina Kannada, Udupi and Uttara Kannada districts. The cohorts will focus on mentoring young people who aspire to build an entrepreneurial career. We hope this will lead to the creation of 100 startups by 2026,” said Johnson Tellis (co-founder, CEO InUnity LLP)

The program also aims to create forward linkages for the current cohort, create a network of investors and incubators ready to support student startups, and scale and replicate InUnity’s model. This program will also broaden the narrative around the potential for success of youth entrepreneurship and strengthen the shift of the narrative from job seekers to job creators and problem solvers.

About the Global Alliance for Mass Entrepreneurship (GAME)

GAME is a non-profit organization that aims to improve the conditions for large-scale entrepreneurship in India and the rapid and sustainable growth of MSMEs that propel the economy and create millions of decent jobs by 2030 .

About InUnity Mangaluru:

InUnity Mangaluru is a 4-month program that catalyzes the process of creating solutions with business potential by educating and facilitating interaction between different stakeholders and students with an entrepreneurial or problem-solving bent in institutions technological and non-technological of a region.

For more information

Hithaishy B ([email protected], 9449845968)