India ideathon, an initiative by capitalVia, aims to showcase the best of entrepreneurial ideas to an enthusiastic crowd of investors, media and digital professionals. India Ideathon is the perfect platform for Start ups who have original ideas but even if you don’t have an idea you can still collaborate with someone who has a unique concept and even help them to develop their idea. The best Idea will get funding of INR 25 lac ! Eligibility: 1. All the ideas submitted will be evaluated by a panel of jury and top 100 ideas will be shortlisted for phase II. 2. Top 100 shortlisted for ideas will be displayed on the website. 3. The idea should be such that it provides a solution to any given problem or a challenge. Read More http://www.indiaideathon.com/how_to_participate.php How to register? Register on the site and submit all the information required in a truthful manner till 10th December 2013. Visit here ! http://www.indiaideathon.com/. You can submit to the Ideathon competition by filling out the application form linked here.
For those of you who are unfamiliar with Indian numerical terminology: lac (or lakh) means 10,000 e.g. INR 25 lac = INR 250,000 crore means 10,000,000 e.g. INR 1 crore = INR 10,000,000 The big number commas would be used differently to how they are used in USA and UK e.g. 10 million would be written as: 1,00,00,000.