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    “TATTVA : An International Sculptors Symposium”  from March 14th to 28th, 2023 at School of Visual Arts, World University of Design, Plot No : 1, Rajiv Gandhi Education City, Sonipat, Haryana-131 029, INDIA

    “TATTVA : An International Sculptors Symposium” from March 14th to 28th, 2023 at School of Visual Arts, World University of Design, Plot No : 1, Rajiv Gandhi Education City, Sonipat, Haryana-131 029, INDIA

    Review Meeting on Mental Wellness of Students

    Education minister discusses accreditation and ranking systems with HEIs

    Importance of New Start-Ups for Young Mind

    Importance of New Start-Ups for Young Mind

    Eros Group Is Now Great Place To Work® Certified

    Eros Group Is Now Great Place To Work® Certified

    AMITY UNIVERSITY MAHARASHTRA HOSTS ITS CONVOCATION CEREMONY AT MUMBAI CAMPUS

    AMITY UNIVERSITY MAHARASHTRA HOSTS ITS CONVOCATION CEREMONY AT MUMBAI CAMPUS

    Review Meeting on Mental Wellness of Students

    Review Meeting on Mental Wellness of Students

    Symbiosis Institute of Technology, Nagpur invites applications for B.Tech Course

    Symbiosis Institute of Technology, Nagpur invites applications for B.Tech Course

    India has 45,000 open jobs in Artificial Intelligence and annual salary for freshers ranges from 10 to 14 lakhs – states TeamLease Digital

    India has 45,000 open jobs in Artificial Intelligence and annual salary for freshers ranges from 10 to 14 lakhs – states TeamLease Digital

    Dream to Study in Germany Fair Organized by PFH University

    Dream to Study in Germany Fair Organized by PFH University

    iSchoolConnect convenes Study Abroad Fest across major Indian cities

    iSchoolConnect convenes Study Abroad Fest across major Indian cities

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    Wiley in Indiainnovates with examinationprep offerings; focuses on UPSC prep market

    Wiley in Indiainnovates with examinationprep offerings; focuses on UPSC prep market

    GITAM announces new Academic Advisory Board members

    GITAM announces new Academic Advisory Board members

    JEE topper from Maharashtra scores 100 percentile, had relocated to Kota five years back

    JEE topper from Maharashtra scores 100 percentile, had relocated to Kota five years back

    Institute of Bakery & Culinary Arts Invites Application for Various Courses

    Institute of Bakery & Culinary Arts Invites Application for Various Courses

    Deakin University introduces 12-month Master of Data Science (Global) in collaboration with Great Learning

    WHISTLING WOODS INTERNATIONAL HOSTED THE 2ND EDITION OF THE MEDIA & COMMUNICATION-MASTERCLASS MARATHON FEATURING RENOWNED WOMEN LEADERS FROM THE M&E INDUSTRY

    WHISTLING WOODS INTERNATIONAL HOSTED THE 2ND EDITION OF THE MEDIA & COMMUNICATION-MASTERCLASS MARATHON FEATURING RENOWNED WOMEN LEADERS FROM THE M&E INDUSTRY

    MDI Gurgaon business school wins RPG Blizzard 2022

    MDI Gurgaon business school wins RPG Blizzard 2022

    Applications for Paramedical Programmes now Open

    Applications for Paramedical Programmes now Open

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

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    ICFAI Launches ICFAI School of Social Sciences

    ICFAI Launches ICFAI School of Social Sciences

    AMITY UNIVERSITY MAHARASHTRA HOSTS ITS CONVOCATION CEREMONY AT MUMBAI CAMPUS

    AMITY UNIVERSITY MAHARASHTRA HOSTS ITS CONVOCATION CEREMONY AT MUMBAI CAMPUS

    Symbiosis Institute of Technology, Nagpur invites applications for B.Tech Course

    Symbiosis Institute of Technology, Nagpur invites applications for B.Tech Course

    India has 45,000 open jobs in Artificial Intelligence and annual salary for freshers ranges from 10 to 14 lakhs – states TeamLease Digital

    India has 45,000 open jobs in Artificial Intelligence and annual salary for freshers ranges from 10 to 14 lakhs – states TeamLease Digital

    Dream to Study in Germany Fair Organized by PFH University

    Dream to Study in Germany Fair Organized by PFH University

    iSchoolConnect convenes Study Abroad Fest across major Indian cities

    iSchoolConnect convenes Study Abroad Fest across major Indian cities

    Irish Minister Roderic O’Gorman visits SNDT Women’s University in  Mumbai to discuss cross-border collaborations

    Irish Minister Roderic O’Gorman visits SNDT Women’s University in Mumbai to discuss cross-border collaborations

    Indian students flock to the Sunshine State – Queensland  The Queensland Government deepens bilateral education ties, organises education fair with IDP for aspiring students and parents. The education fair witnessed participation from 10 leading universities of Queensland and senior Government officials.

    Indian students flock to the Sunshine State – Queensland The Queensland Government deepens bilateral education ties, organises education fair with IDP for aspiring students and parents. The education fair witnessed participation from 10 leading universities of Queensland and senior Government officials.

    What can Indian medical students expect when pursuing a career in medicine :   Advice from St. George’s University School of Medicine in Grenada

    What can Indian medical students expect when pursuing a career in medicine : Advice from St. George’s University School of Medicine in Grenada

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    How to get your dream specialty in INI CET counseling:  Tips by Gaurav Tyagi

    How to get your dream specialty in INI CET counseling: Tips by Gaurav Tyagi

    Deakin University introduces 12-month Master of Data Science (Global) in collaboration with Great Learning

    Around 4000 jobs posted everyday during the festive  season’22

    Around 4000 jobs posted everyday during the festive season’22

    OMOTEC to conduct 10-day Robotics Workshop for students

    OMOTEC to conduct 10-day Robotics Workshop for students

    Dr Mukesh Kwatr

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    How to make your future bright in Naturopathy: Dr N K Sharma

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    Blended learning is an important pedagogy for B-Schools

    Blended learning is an important pedagogy for B-Schools

    Understanding the objective of fellowship is important

    Understanding the objective of fellowship is important

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    “Societal Development is the aim of Space Technology:  Dr. A S Kiran Kumar

    “Societal Development is the aim of Space Technology: Dr. A S Kiran Kumar

    Wipro earthian awards 2021 felicitate excellence in sustainability education

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

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    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    UAE leads winners at GESS Education Awards

    UAE leads winners at GESS Education Awards

    bml munjal

    BML Munjal University in Partnership with Indian Academy of Management hosts workshop to encourage management research

    The next important event is the citywide teachers’ council!

    The next important event is the citywide teachers’ council!

    TiE Delhi-NCR partners with Brainfeed

    TiE Delhi-NCR partners with Brainfeed to host ‘India Education Entrepreneurship Day’

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

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    “TATTVA : An International Sculptors Symposium”  from March 14th to 28th, 2023 at School of Visual Arts, World University of Design, Plot No : 1, Rajiv Gandhi Education City, Sonipat, Haryana-131 029, INDIA

    “TATTVA : An International Sculptors Symposium” from March 14th to 28th, 2023 at School of Visual Arts, World University of Design, Plot No : 1, Rajiv Gandhi Education City, Sonipat, Haryana-131 029, INDIA

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    Eros Group Is Now Great Place To Work® Certified

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    AMITY UNIVERSITY MAHARASHTRA HOSTS ITS CONVOCATION CEREMONY AT MUMBAI CAMPUS

    Review Meeting on Mental Wellness of Students

    Review Meeting on Mental Wellness of Students

    Symbiosis Institute of Technology, Nagpur invites applications for B.Tech Course

    Symbiosis Institute of Technology, Nagpur invites applications for B.Tech Course

    India has 45,000 open jobs in Artificial Intelligence and annual salary for freshers ranges from 10 to 14 lakhs – states TeamLease Digital

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    Dream to Study in Germany Fair Organized by PFH University

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    iSchoolConnect convenes Study Abroad Fest across major Indian cities

    iSchoolConnect convenes Study Abroad Fest across major Indian cities

  • Academics
    • All
    • Admission
    • Exams
    • Internship
    • Results
    • Scholarship
    • Study Abroad
    Wiley in Indiainnovates with examinationprep offerings; focuses on UPSC prep market

    Wiley in Indiainnovates with examinationprep offerings; focuses on UPSC prep market

    GITAM announces new Academic Advisory Board members

    GITAM announces new Academic Advisory Board members

    JEE topper from Maharashtra scores 100 percentile, had relocated to Kota five years back

    JEE topper from Maharashtra scores 100 percentile, had relocated to Kota five years back

    Institute of Bakery & Culinary Arts Invites Application for Various Courses

    Institute of Bakery & Culinary Arts Invites Application for Various Courses

    Deakin University introduces 12-month Master of Data Science (Global) in collaboration with Great Learning

    WHISTLING WOODS INTERNATIONAL HOSTED THE 2ND EDITION OF THE MEDIA & COMMUNICATION-MASTERCLASS MARATHON FEATURING RENOWNED WOMEN LEADERS FROM THE M&E INDUSTRY

    WHISTLING WOODS INTERNATIONAL HOSTED THE 2ND EDITION OF THE MEDIA & COMMUNICATION-MASTERCLASS MARATHON FEATURING RENOWNED WOMEN LEADERS FROM THE M&E INDUSTRY

    MDI Gurgaon business school wins RPG Blizzard 2022

    MDI Gurgaon business school wins RPG Blizzard 2022

    Applications for Paramedical Programmes now Open

    Applications for Paramedical Programmes now Open

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

    Times Professional Learning, Indian Institute of Management, Kashipur launch Executive Certificate Programme in Product & Brand Management

  • Ed-Leaders’ Corner
    • All
    • Higher Education
    • K12
    ICFAI Launches ICFAI School of Social Sciences

    ICFAI Launches ICFAI School of Social Sciences

    AMITY UNIVERSITY MAHARASHTRA HOSTS ITS CONVOCATION CEREMONY AT MUMBAI CAMPUS

    AMITY UNIVERSITY MAHARASHTRA HOSTS ITS CONVOCATION CEREMONY AT MUMBAI CAMPUS

    Symbiosis Institute of Technology, Nagpur invites applications for B.Tech Course

    Symbiosis Institute of Technology, Nagpur invites applications for B.Tech Course

    India has 45,000 open jobs in Artificial Intelligence and annual salary for freshers ranges from 10 to 14 lakhs – states TeamLease Digital

    India has 45,000 open jobs in Artificial Intelligence and annual salary for freshers ranges from 10 to 14 lakhs – states TeamLease Digital

    Dream to Study in Germany Fair Organized by PFH University

    Dream to Study in Germany Fair Organized by PFH University

    iSchoolConnect convenes Study Abroad Fest across major Indian cities

    iSchoolConnect convenes Study Abroad Fest across major Indian cities

    Irish Minister Roderic O’Gorman visits SNDT Women’s University in  Mumbai to discuss cross-border collaborations

    Irish Minister Roderic O’Gorman visits SNDT Women’s University in Mumbai to discuss cross-border collaborations

    Indian students flock to the Sunshine State – Queensland  The Queensland Government deepens bilateral education ties, organises education fair with IDP for aspiring students and parents. The education fair witnessed participation from 10 leading universities of Queensland and senior Government officials.

    Indian students flock to the Sunshine State – Queensland The Queensland Government deepens bilateral education ties, organises education fair with IDP for aspiring students and parents. The education fair witnessed participation from 10 leading universities of Queensland and senior Government officials.

    What can Indian medical students expect when pursuing a career in medicine :   Advice from St. George’s University School of Medicine in Grenada

    What can Indian medical students expect when pursuing a career in medicine : Advice from St. George’s University School of Medicine in Grenada

  • Jobs
    • All
    • Career Advice
    • Get a Job
    • Recruit
    How to get your dream specialty in INI CET counseling:  Tips by Gaurav Tyagi

    How to get your dream specialty in INI CET counseling: Tips by Gaurav Tyagi

    Deakin University introduces 12-month Master of Data Science (Global) in collaboration with Great Learning

    Around 4000 jobs posted everyday during the festive  season’22

    Around 4000 jobs posted everyday during the festive season’22

    OMOTEC to conduct 10-day Robotics Workshop for students

    OMOTEC to conduct 10-day Robotics Workshop for students

    Dr Mukesh Kwatr

    Development can go hand with forestation: Dr.Mukesh Kwatra

    How to make your future bright in Naturopathy: Dr N K Sharma

    How to make your future bright in Naturopathy: Dr N K Sharma

    Dr Sunita Gandhi

    Help teachers overcome the fear of tech: Dr. S Gandhi

    Blended learning is an important pedagogy for B-Schools

    Blended learning is an important pedagogy for B-Schools

    Understanding the objective of fellowship is important

    Understanding the objective of fellowship is important

  • Events
    • All
    • Events
    “Societal Development is the aim of Space Technology:  Dr. A S Kiran Kumar

    “Societal Development is the aim of Space Technology: Dr. A S Kiran Kumar

    Wipro earthian awards 2021 felicitate excellence in sustainability education

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    SP Jain Global receives slew of high rankings in the Australian Quality Indicators for Learning and Technology (QILT) 2021 Graduate Outcomes Survey

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    Venkaiah Naidu: New education policy in accordance with Mahatma Gandhi’s ethos

    UAE leads winners at GESS Education Awards

    UAE leads winners at GESS Education Awards

    bml munjal

    BML Munjal University in Partnership with Indian Academy of Management hosts workshop to encourage management research

    The next important event is the citywide teachers’ council!

    The next important event is the citywide teachers’ council!

    TiE Delhi-NCR partners with Brainfeed

    TiE Delhi-NCR partners with Brainfeed to host ‘India Education Entrepreneurship Day’

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

    40 college societies and students get a chance to showcase their talent with realme’s Campus Stars Programs

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IIMA Endowment Fund’s 1 Crore ‘Best Startup Pitch Contest’ awarded to Tech-Based Fashion App

IIMA Endowment Fund’s 1 Crore ‘Best Startup Pitch Contest’ awarded to Tech-Based Fashion App
  • First & Highest ever gratification for budding entrepreneurs, announced on campus till date
  • Winners to be mentored by IIMA Endowment Fund Founders – alumni who are A-listers in the PE & VC space
  • Mr Ashank Desai, Vice-Chairman and MD of Mastek Limited, and member of Board of Governors, IIMA handed over the INR 1 Cr award to winners

IIMA Endowment Fund – IIMA’s fundraising and philanthropic arm for all donations at the Institute recently announced the winner for the Best Startup Pitch Contest with a prize money of INR 1Cr – the highest prize awarded in IIMA history. An AI powered digital wardrobe solution ideated by a team of two PGPX graduates from this year – Parul Vashist and Varun Jhaveri won the contest after a competitive round of presentations and discussions with the jury. This is the first ever contest with such a high gratification that has been announced by any management institution in the country. The contest, which will now be an annual property, has been introduced with the objective of encouraging IIMA students explore entrepreneurship as a career path.

Sharing his views and congratulating the winners, Mr Sandeep Singhal, Chairman, Board of Directors of IIMA Endowment Fund and Co-Founder and Managing Director, WestBridge Capital, said, “It is a very promising decade for innovative and entrepreneurial ideas, and this contest is rightly timed to reinforce this theme. It was encouraging to see their innovative and unique ideas, and I am confident that the contest has helped build a momentum for entrepreneurship on IIMA campus. I wish Parul and Varun the best ahead.”

Interestingly, for the contest, IIMA students could partner with additional team members from outside the IIMA student base to build business concepts, list out the addressable market, present the competitive advantage, elaborate on fund utilisation and capital requirement, and chart out the sales and profit projects in the next three years. Along with Parul and Varun, the winning team comprised other team members from other premier institutes like IIT and Duke University. Besides the prize money, the winning team also gets the opportunity to be mentored by IIMA alumni that are industry A-listers in the private equity and venture capital space.

As many as 35 participating teams – many of whom are current fellows under CIIE’s IIMAvericks program – entered unique startup ideas for the contest. These ideas spanned product and service offerings across sectors such as e-commerce, agri-fintech, apparel, retail & fashion, food & beverages, healthcare & life sciences, etc. Top 6 ideas from PGP, PGPX, PGP-FABM and ePGP programmes were shortlisted for final pitch deck presentation for evaluation by a high-profile jury comprising Professor Saral Mukherjee, Dean – Alumni & External Relations; Mr. Deep Kalra, Founder & CEO MakeMyTrip; Mr. VT Bharadwaj, Partner at A91 Partners and Ms. Chhavi Moodgal, CEO, IIMA Endowment Fund.

Mr Ashank Desai, Vice-Chairman & MD of Mastek Limited and member of Board of Governors, IIMA handed over the INR 1 Cr award to the winners; he was joined by Mr Kuldeep Jain, Founder & MD of CleanMax Enviro Energy Solutions and an initial founding alumnus of the IIMA Endowment Fund at the ceremony. Handing over the award and sharing his own experience of leading a successful startup, Mr Desai shared, “I believe there are three Vs one needs to succeed. It is just like making a building, imagine the top floor is Vision, the foundation is Values, and the mass in between is Vitality, the consistent energy and perseverance towards the goal. It is difficult to achieve success if any one of these is missing.”

Emphasizing the importance of early funding for Startups, Ms. Chhavi Moodgal added, “IIMA Endowment Fund is proud to support the exciting arena of entrepreneurship for IIMA students in this vibrant environment for Startups with over 250 unicorns expected in India by 2025. The IIMA Endowment Fund contest provides INR 1 CR to the winner with the objective that genuinely interested students may be motivated to pursue entrepreneurship without the hesitation or peer pressure of giving up a secure high paying job. I hope that this contest becomes a catalyst of path-breaking startup ideas in the years to come.”

IIMA is recognised for being the seedbed of some of the well-known entrepreneurial ventures. One of the goals of the IIMA Endowment Fund is to encourage IIMA student community in topical, relevant domains and hence the theme of entrepreneurship was chosen this year for the inaugural contest. The IIMA Endowment Fund will continue to deploy funds towards supporting the students, faculty and Institute in its key strategic initiatives.

Among various entrepreneurship focussed initiatives, the Institute has a dedicated student-led entrepreneur club and provides support, mentorship and financial support from its alumni network. In addition, IIMA also has its own dedicated Start-up incubator – the CIIE.CO – to support and develop the next generation of successful entrepreneurs.

Tags: IIMA Endowment FundMs. Chhavi Moodgal

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