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The Amrita Technology Business Incubator (TBI) has committed a total of $120,000 in seed funding for four promising start-ups. These were shortlisted out of 702 startups from all over India at the PitchFest organized from January 9-10, 2016, at the Bengaluru campus of Amrita University. The winning startups are Preksh Innovations(ecommerce), B2BSphere (ecommerce), Meladath Auto Components and MaaxMarket (social media marketing).