IIT Bombay’s ‘Ten Minute Million’ draws record founders; seed pool tops ₹45 crore

IIT Bombay’s 2025 ‘Ten Minute Million’ challenge saw record startup participation, with founders pitching for on-the-spot commitments from investors including Kalaari, Matrix Partners, and Accel India. The early-stage pool exceeded ₹45 crore, reflecting improving seed appetite after last year’s slowdown. Organisers said shortlisted teams span AI, climate, and SaaS, with immediate term sheets possible for standout pitches.