CHICAGOSept. 11, 2018 /PRNewswire-iReach/ — Fintech Valley Vizag and Bizofit announced today the 1 Million $ Global Startup Challenge being conducted worldwide enabling startups to showcase their products and solutions and get a chance to win a total of 1 Million $ in funding.  With roadshows planned in 8 major cities (ChicagoNew YorkSan FranciscoTel AvivParisLondonHong Kong and Bangalorearound the globe, the challenge will culminate in Vizag with 25 Finalists from around the world pitching on Demo Day. Winners will be announced at the Award ceremony during the Vizag Fintech Festival from October 22-26, 2018.

“The Government of Andhra Pradesh is committed to creating a robust ecosystem of next-gen startups, and a talent pool that corporates, investors and Technology companies can leverage to navigate the emerging Digital Trends, and enable Co-Innovation”, says Mr JA Chowdary, Special IT Advisor to the Hon’ble Chief Minister of Andhra Pradesh.

“Bizofit is pleased to have been chosen as the North America Challenge Partner of Andhra Pradesh in this exciting journey. We believe, this will position VIZAG as a “Virtual Innovation Zone Accelerating Growth”, says Bala Palamadai, Founder and CEO of Bizofit, an Innovation Platform for Enterprises.

The North American Roadshow – a multi-city series of challenges – hosted by Bizofit and Kyyba Innovations, kicked off in Chicago on September 7thMore than 150 delegates are expected at each of ChicagoNew Yorkand San Francisco Roadshows including Banks, corporates, startups, and investors.

Pictures from the Chicago event are here – https://drive.google.com/drive/folders/1uLTHR6Av5lch3_eUy89vgt1KNRHxv9qy?usp=sharing

The following Startups pitched in front of a panel of judges and investors:

Qio, PatientMD, Sivic, Antar IoT, Intellolabs, FusePLM, Sahave, vPeer, Mobile Mount, USA Doctor, Entrex, Cashew Blockchain, Hedgeness, EzFin, 3Bar Biologics, Coinifide, Lapetus Solutions, Sudrania Seamless Solution, Regavi, Etta, WealthBlock.ai

Judges included prominent members of the Chicago startup ecosystem including Sean T. O’KellyKevin TaylorShailu TipparajuChad Glazer, Raj Krishnan, Sumeet Johar, Prateek Sangla, George ChikovaniJerry Vachaparambil and Christian Ocana Vargas

The event included 2 CXO Panels. The first one on “Digital Trends and Imperatives for Corporates and Government” was moderated by Sri Atluri, a veteran Wall Street executive. The panelists included JA Chowdary, Sean T. O’Kelly, Ray Oral, and Anju Marempudi.

The second panel discussion on “Selling to Enterprises by Startups” was moderated by Nitesh Dixit, Principal at Auctus Advisors. The panelists included Ray Oral, Nykia Wright, and Paul McDermott.

The Chicago Roadshow & Regional Competition will be followed by New York on September 11thSan Francisco on September 13thTel Aviv on September 16thHong Kong on Sep 27thParis on October 3rdLondonon October 5th, and Bangalore on October 10th.

More information on the Vizag Fintech Festival can be found at https://www.vizagfintechfestival.com, and information on the Global Challenge can be found at 1 Million $ Global Startup Challenge.

About Fintech Valley Vizag:

The Fintech Valley in Vizag is a self-sustainable global Fintech Ecosystem promoted by Government of Andhra Pradesh. It focuses on converging finance and technology to create large avenues of growth through industry-enablers, world-class infrastructure, entrepreneurship and innovation.

About Bizofit (pronounced “Biz of IT”):

Bizofit, based in Naperville, IL is the best Innovation platform for Enterprises and Technology companies.  The Mobile Innovation Platform, called “Innovation HQ”, encourages innovation through a dynamic method of recording and communicating new ideas across a business.

About Kyyba Innovations:

Kyyba Innovations is an innovation and collaboration eco-system that provides innovators and entrepreneurs the environment to enable their ideas to become reality.

Media Contact:Bala Palamadai, Bizofit, 6304539104, bala@bizofit.com

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