The Wharton India Economic Forum (WIEF), a student-run business forum focussed on India that kicks off in the first week of January will be inaugurated by Maharashtra Chief Minister Devendra Fadnavis.
The summit is expected to be attended by over 23 business heads including Kunal Shah, founder of FreeCharge, Bharati Jacob the Co-founder of Seed Fund and Arundhati Bhattacharya - Chair-Managing director of the State Bank of India among others.
The two-day summit will begin with Wharton India Startup Competition (WISC) followed by a speaker series, a statement from WIEF said.
WIEF revealed that this year over 25 per cent of applicants for the startup Competition are from the e-commerce industry, with the healthcare segment coming to a close second with 22 per cent.
"We've received over 500 applications from start-ups focussed on everything from sanitation to artificial intelligence...," Ayush Tapuriah (Director, WIEF Startup Competition) said.
A majority of the participants already have closed in on their pre-seeded and seeded funding arrangements with around 31 per cent who have listed themselves as social enterprises, the statement said.
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