Chandigarh, March 8 -- As many as five startup companies that pitched their businesses during "TiECon", the flagship event of the Chandigarh chapter of The Indus Entrepreneurs (TiE), walked away with a whopping Rs.5.5 crore in funding on the event's concluding day on Friday.

TiECon, in association with Chandigarh Angels Network (CAN), organised "Pitchathon: Startup-Shark Soiree", a live funding event for startups, for the first time. The event featured pitches, negotiations and deal signings, all in real time. In total, 10 startups pitched live on Thursday, with over 40 investors ready to invest Rs.5 crore. Among them, five secured funding of Rs.5.5 crore, exceeding the investors' pre-decided amount.

Nymbleup Solutions Pvt Ltd, a firm p...