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Home Technology

Tech: Chandigarh works on Next Unicorn

Fiinews by Fiinews
October 12, 2026
in Technology
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Chandigarh University.

Launch of Campus Tank by Chandigarh University.

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Sandhu says Campus Tank provides young people from small towns and villages with a platform

Expanding funding opportunities for India’s next generation of entrepreneurs, Chandigarh University has launched Season 2 of Campus Tank – ‘India’s Next Unicorn’, India’s first university-led startup launchpad with a US$15-million funding pool up from US$6 million in Season 1, providing young innovators opportunity to pitch their ideas and access investors, mentorship and support to take their ideas to market and strengthen India’s start-up growth and build capacity to develop market-ready products and technology-driven enterprises.

The announcements was made on the second day of the national-level Incubator & Capital Summit 2026 and ISBACON 2026, organised by Chandigarh University Technology Business Incubator (CU-TBI) in association with the Indian Science and Technology Entrepreneurs Parks and Business Incubators Association (ISBA) at Chandigarh University that brought together 400 incubators institutions from over 20 States and Union Territories, 100 curated startups, 80 investors and more than 60 government, policy and industry delegates on a common platform to strengthen India’s startup and deep-tech capabilities. The launch builds on the overwhelming response to Season 1 that recorded 21,789 registrations from more than 1,200 cities including over 10,800 registrations from universities and colleges. The new season brings together eight investment partners including APNA, Venture Catalysts, Aeravti Ventures, PedalStart, Eaglewings, Faad, Be an Angel and Cube Founders Space.

Naveen Jindal, Member of Parliament and Chairman, Jindal Steel attended as Chief Guest alongside Chancellor of Chandigarh University, Satnam Singh Sandhu. The prominent among other dignitaries who participated in the summit were Kris Gopalakrishnan, Co-founder, Infosys, Nirmit Parikh, Group CEO, Apna, Hemant Malhotra, COO, Venture Catalysts (VCats), Prof V Kamakoti, Director, IIT Madras, Dr. Gaurav Raina, Professor, IIT Madras, Dr Preet Deep Singh, Public Policy, Amazon, Umesh V. Waghmare, Secretary, Department of Science and Technology (DST), Government of India among others.

Speaking on the occasion, Naveen Jindal, Chairman of Jindal Steel said on 10 Oct, “India’s journey towards Viksit Bharat 2047 will be driven by youth of the nation pursuing their own ideas, passions and aspirations. Unlike 10 or 20 years ago, young people today have access to far greater opportunities, knowledge, funding and platforms to turn their ideas into reality. India does not lack talent or imagination what young innovators need is the right opportunity, an encouraging environment and support to realise their potential. Initiatives such as Chandigarh University Innovation and Research Park, in collaboration with IIT Madras, and Campus Tank Season 2 can help bridge this gap by connecting promising founders with investors, mentors and resources.”

“I would leave young entrepreneurs with three thoughts, start before you feel completely ready, test your ideas, fail early and learn fast, think big, but build solutions that address real problems and genuine needs and stay rooted because success without service to society is incomplete. Pursue your ideas with passion but remain open to criticism and learn from setbacks. Success takes time and requires conviction, teamwork and perseverance as I experienced during my decade-long effort to secure the right to fly the national flag. Enjoy the journey, not just the outcome. And when you succeed, take others along with you. In a country as large and diverse as India, our progress must also create opportunities for those who are less fortunate.”

Chandigarh University Chancellor Satnam Singh Sandhu said, “Campus Tank is an initiative by Chandigarh University aimed at providing young people from small towns and villages with a platform, mentorship and investment opportunities to turn their startup ideas into reality. A nation progresses by drawing inspiration from the vision of its national leadership. After Independence, people spent much of their time striving to meet basic needs. However, in 2014, the country witnessed a new ray of hope with the vision of Viksit Bharat and Aatmanirbhar Bharat.

“Today, the world’s perception of India and Indians has changed and every Indian is filled with confidence and believes that India will become a developed nation by 2047. Chandigarh University recognized its responsibility in nation-building and launched initiatives such as Campus Tank.”

He believes that the contribution an educational institution can make to nation-building is difficult for any other institution to replicate. It is essential to transform the potential of young people into opportunities and contribute to building a self-reliant and developed India.”

Nirmit Parikh, Group CEO, Apna said, “The first season of Campus Tank was a huge success and the second season of Campus Tank will be even better with three key themes. First, with the advent of AI, jobs in India and across the world need a lot of reskilling and upskilling. So, lots of startups will come up inside that space. Secondly, AI models need pre-training and post-training, so I’ll be excited to see startups coming inside that space. And the third thing is applied AI. So, I’m excited about startups in these three areas.  I strongly believe that India will not only build applied AI solutions for India but also for the world.”

Hemant Malhotra, COO, Venture Catalysts (VCats), said, “The real opportunity lies in discovering promising founders beyond metro cities and supporting them at the right time. India’s next unicorn could emerge from anywhere, and what matters is identifying founders solving real problems, demonstrating customer traction and understanding their markets. At Venture Catalysts, our commitment goes beyond funding to mentoring startups, strengthening their go-to-market strategies and connecting them with the right mentors and incubation support to scale their businesses. Our participation in Campus Tank Season 2 reflects a long-term commitment to Chandigarh University and its startups. Together, we aim to help promising founders access the capital, guidance and support they need to build scalable businesses and take their ventures to the next level.” Fiinews.com

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