Sagar Defence Featured in Inc42

The startup accelerator programme, MIS 2016 – DP World Prize, has announced the shortlisted finalists for the finale. The five selected startups will be invited to present their final pitches to a jury on April 5th, 2016.

Ministry of Shipping, Invest India and DP World have joined forces to organise the “MIS 2016 -DP World Prize” contest.

The contest has been curated to provide an opportunity for startups in the maritime and associated sector. The winning startup company will receive the grand prize, INR 15 Lakh at the Maritime India Summit 2016.

The contest will be judged by a jury panel consisting of Deepak Parekh, Chairman, HDFC, Capt. B.B. Sinha, Chairman and Managing Director, SCI; along with other distinguished personalities from the Government, industry and the Shipping Ministry.

Deepak Parekh, Chairman, HDFC said, “The ‘MIS 2016 – DP World Prize’ contest have received some outstanding entries from startups across the country. It was a challenge for us to shortlist the five entries who will compete at the grand finale. The entries showcased excellent entrepreneurial skills and have incredible concepts to promote ease of doing business in the country. We now look forward to the finale on Tuesday, April 5th, 2016 for the live pitch from the shortlisted five finalists.”

Sagar Defence Engineering – Mumbai-based Sagar Defence Engineering Private Limited was incorporated in May 2015 by Nikunj Parashar. It works towards building an un-manned boat, to get the product inducted in the Indian armed forces. It aims to provide new innovations and complete Unmanned Marine Vehicles solutions in Commercial, Defence, & Scientific sector.

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