Hyderabad: A single good idea will launch innovators from India to the global stage as Red Bull Basement returns for 2024. Red Bull Basement empowers the next generation of innovators to conceive, develop and launch their outstanding ideas, accelerated by AI technology.
Every idea is welcome – budding entrepreneurs can offer a solution for a pressing, unmet need affecting life in the community or on a larger scale. Technology and Artificial Intelligence may be the whole solution or one part of it. Topics are limited only by your imagination, but to get started, one can think of: AI, ESG (environmental, social and governance) Innovation, Extended Realities or Robotics and Automation. Red Bull Basement was created specifically to empower the next generation of innovators to develop bold new ideas and implement tech and other solutions. The goal is to make a positive impact within their communities and beyond.
Out of a total of 5,887 applications, the top 30 were chosen to continue in the competition. These selected teams were required to submit a 60-second video pitch explaining the potential impact of their idea. From these pitches, the top 8 teams will be selected and will pitch their ideas at the National finals with Shantanu Deshpande, (founder of Bombay Shaving Company), Rishabh Telang (Co-Founder of Cult Fit), and Praveen Koduru (Heads of AMD's Server Marketing) judging the top 8 teams’ ideas.
One lucky winner will be honored as the winner at the World Final will get an exclusive experience in the USA for a 3-week Accelerator Program in LA and Silicon Valley. The national finals will be held on November 17th at T-Hub in Hyderabad and a lot is at stake.
