5 months ago
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The KLE Centre for Technology Innovation and Entrepreneurship (KLE CTIE), successful strategical concern with Mundhe Banni and Avantro Labs, launched the RiNK Initiative – Rise successful North Karnataka. This was launched successful Hubballi connected Saturday (December 22, 2025).
This transformative programme reverses endowment migration by facilitating tech professionals’ instrumentality from metros and enabling GCCs, startups, and enterprises to standard successful North Karnataka.
Unveiled astatine the Mundhe Banni Startup Meetup astatine KLE Technological University (KLETU), Hubballi, the lawsuit drew implicit 230 entrepreneurs, founders, investors, and innovators from Hubballi, Dharwad, Belagavi, and beyond.
The full-day programme featured a Venture Capital sheet moderated by Vasant Shetty, Mundhe Banni founder, with Vinod Shankar of Java Capital and Nihal Shetty of Rainmatter by Zerodha sharing backing insights. Raffic Aslam, formerly successful Zoho, gave a masterclass successful marque storytelling. A question and reply league followed.
Prakash Tewari, Vice Chancellor, KLETU, welcomed guests. He spoke connected Mundhe Banni’s ngo to empower 100,000 Karnataka entrepreneurs and make 1 cardinal jobs by shifting from hazard aversion to awareness. He addressed North Karnataka’s transportation gaps, tier-2 backing challenges, and Sankalp Semiconductor’s success, spawning 10+ VLSI firms and having 1,000 professionals successful Hubballi.
“Universities indispensable alteration ambition done bridges similar CTiE and Mundhe Banni,” helium said. He urged students to commencement with what they have; entrepreneurship is courage, persistence, and community.
Mr. Shetty, the laminitis of Mundhe Banni, said implicit 230 young entrepreneurs and engineers had gathered with caller ideas astatine the motorboat and that it was a promising start.
Ashok Shettar, pro-chancellor, KLETU, said the Hubballi portion was poised for large technology-based manufacture and concern ventures arsenic it had an yearly crook retired of astir 8,000-10,000 graduates. The Infosys centre, and different newer ventures are taking basal successful the metropolis too. “I deliberation RiNK arsenic the seamless pathway for america each to unrecorded amended and physique large from namma ooru, our autochthonal place,” helium said.
N. Shashi Kumar, Police Commissioner, Devaraj R, NHAI, Vinod Shankar, Co-Founder and Partner, Java Capital, Vinayak Hosamani, Director, KLE CTIE, Chethan Shettar, Founder, Avantro Labs and others were present, said a release.
