TiE Lahore Chapter , a non-profit organisation fostering entrepreneurship worldwide hosted an event on Innovation in Energy-IOT at Royal Palm on August 26, 2016.
TiE (The Indus Entrepreneurs) Lahore Chapter was founded in 2002 by Syed Babar Ali. It focuses on fostering entrepreneurial culture among the young generation. It also provides mentoring and coaching to new entrepreneurs and organise discussion forums for the entrepreneurial community.
The keynote speaker for the program was Mr. Nadeem Babar, a senior executive with experience in power generation, infrastructure, finance, and education. He has managed a number of power plants and is also active in public sector development.
Mr.Masroor Khan was the moderator for the event. Mr. Masroor Khan has been connected to the financial sector for the past 25 years.
Three startups participated in the panel discussion who discussed their venture. The startups were Wattie, Pakshine and Jaan Pakistan.
Wattie is a smart energy monitor which is installed in electricity distribution box. It connects to internet and sends real-time energy consumption data to the back-end infrastructure where the data is processed. This data is used to generate deep action-able insights, which can be translated into tangible benefits.
Pakshine is a LUMS-based startup that has developed a product that can convert any existing UPS into a solar hybrid UPS to make solar energy affordable for wider market segments.
Jaan Pakistan is a social startup with a mission to provide affordable energy solutions to low-income communities.
The moderator for the panel was Mr. Attique Ahmed, with 15 years of experience in audio/video industry and in mechanical engineering. The event debated various possible solutions towards energy crisis.
Mr. Humayun Mazhar, President TiE Lahore Chapter shared the future roadmap for the chapter. The event featured participation from the relevant industry, startups, incubators and accelerators.