Bloomberg UTV invites budding entrepreneurs to ‘Pitch’

MUMBAI: Bloomberg UTV, the English business news channel which recently adopted the new ‘blunt and sharp’ look, has unveiled its first business reality show, The Pitch.

The channel has partnered with angel investor firm Mumbai Angels, which will be providing seed capital of up to Rs 50 million to the winner.

The Pitch will identify, evaluate and encourage potential entrepreneurs who have business ideas, and also possess the skills required to execute those ideas successfully.

Theatre and film actor Boman Irani will host the show.

The channel has called for nationwide entries, which will be shortlisted by a jury comprising Indiagames founder Vishal Gondal, Games2Win’s Alok Kejriwal and Career Launcher’s Satya Narayanan. They will shortlist the top 30 business plans and their creators, who could make it to the show.
Mumbai Angels co-founder Sasha Mirchandani will closely evaluate these 30 aspirants and identify the final 10 aspirants who will appear on the show.

The announcement was made at a press conference here by UTV Group chairman and CEO Ronnie Screwvala.

The 10-episode series, which will launch in October, will see one business leader in every episode, testing the mettle of the aspirants. Bloomberg UTV has already lined up Rahul Bajaj, Kishore Biyani, Naina Lal Kidwai, Karan Johar and N Damodaran to appear on the show.

Each week on a fresh episode, a business leader will design and assign business tasks to the participants. The tasks will be designed to challenge the aspirants on the most critical skills required to be a successful entrepreneur and by eliminating the weakest performer, narrow down to the most competent and deserving aspirant who goes on to receive the funding for their business.

Bloomberg UTV business head Deepak Lamba said, “Through this show, Bloomberg UTV continues to strengthen its commitment to make a difference to viewers’ lives. We encourage the spirit of entrepreneurship in the country. There is no dearth of ideas but the buck always stops at the funds and through this show we will provide not only the funds but also a direction to the winner and his idea.”

Irani added, “I am excited to be a part of this show as I am truly convinced with the philosophy of promoting entrepreneurship. The Pitch will not only identify the next big idea in India but will also help the winner see the light of day by offering them the funding to make the idea come alive.”

Mirchandani said, “There are many efforts to identify great business ideas. The critical element of this show is its focus on the acumen and ability of the aspirant. Most great ideas perish for the want of the right execution. The aspirant who makes it to the end is a definite winner.”

Bloomberg UTV has roped in M3M India as the presenting sponsor of The Pitch.

Latest Reads
US$ 4.5 bn expected from IPL rights; SC recommends accounts scrutiny

The Supreme Court on Friday froze all financial transactions between the BCCI and state cricket associations by directing the apex body not to disburse any funds till it resolves to abide by the Justice RM Lodha panel recommendations on reforms by 3 December . The top court ordered that none of...

Television TV Channels Sports
TVS Tyres is co-presenter for Asian Champions Trophy 2016

Continuing its strong connect with sports, TVS Tyres has associated with Asian Champions Trophy 2016 by becoming the co-presenter. The Asian Champions Trophy is one of the premier hockey tournaments, a much sought after annual international competition promising some great hockey action. This...

Television TV Channels Sports
Q2-17: Zee Learn declares maiden interim dividend

The board of directors of the Essel group’s education company Zee Learn Limited (ZLL) have declared a first time ever dividend of 5 percent per equity share of Re 1 each for the quarter ended 30 September 2016 (Q2-17, current quarter).

Television TV Channels Factual & Documentary
Whether BARC action can stop unethical practices?

Whether businesses and industries practice their art of selling fairly although they have 'Fair Practices' training during the academic courses, workshops and several ISO and other certifications? There seems to be the fear of the lawman, and not the law in India.

Television TV Channels Viewership
TV Superhighway: beIN, Yaddo, AfricaXP have joined us, says Magine CEO Ambuj Goyal

CANNES; Magine has secured partnerships with four of the industry’s most exciting sports, documentary and entertainment content providers. Partnerships with beIN, the international media group and owner of MIRAMAX; Yaddo, the new documentary streaming service headed up by former head of The BBC’s...

Television TV Channels Factual & Documentary
Colors emerges strong on strength of Naagin I & II

MUMBAI: One of the top rated shows Naagin Season 2 helped Colors reach a top-ranking position.

Television TV Channels GECs
Pakistan Broadcasters Association to oppose PEMRA Indian content ban

MUMBAI: The Pakistan Electronic Media Regulatory Authority (PEMRA) shocked both Pakistan and Indian broadcasters when it issued an order blanking out  all Indian content from Pakistan’s television channels on 19 October.

Television TV Channels GECs
Sony Pix to telecast 'Jurassic World' on 22 October

Sony Pix will take the viewers on a thrilling, adventurous journey with cloned dinosaurs in their Billion Dollar Premiere property. The channel plans to air Jurassic World on 22 October at 1 pm and 9 pm.

Television TV Channels English Entertainment
Sony AXN scripts deal with Pinewood; buys stake in SVOD service Hopster

Folks at Sony Pictures Television (SPT) are in a celebratory mood. Not only has it signed a six-series deal with Pinewood Television but has also acquired a minority stake in the London-based video subscription service for kids content - Hopster.

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories