IIM Udaipur’s Annual Entrepreneurship fest E-Summit and Prarambh ’21 ends on a high note

March 23rd, 2021; Udaipur: Saksham, Entrepreneurship Cell of IIM Udaipur, organized its annual entrepreneurship fest Prarambh and E-Summit 2021 sponsored by Secure Meters, Rajasthan Venture Catalyst Fund, and TiE Udaipur on 20th-21st March 2021.

This year, E-Summit hosted established entrepreneurs in their field like Ms. Mythily Ramesh, Co-Founder & CEO of NextWealth, Mr. Murali Sivaraman, Chairman of Huhtamaki India, and Ms. Prachi Mohapatra, Marketing head, Dr. Reddy’s Laboratory. The theme of this year’s E-Summit was ‘Tales of Transition’, which emphasized that COVID is an accelerator and not a barrier to growth.

Ten startups were handpicked for Prarambh from various industries and mentored by industry experts for pitching practice. Post which the startups had pitched in front of a panel of esteemed prospective investors and judges like Vinayak Nath, Managing Partner at Venture Catalysts, Manikantan Namboodiri, Vice President at Hostel Fund, Vikrant Varshney Managing Partner at SucSEED Indovation fund and Aaleesh Avlanii, Founder and Managing Partner at Samyakth Capital. Further, cash prizes worth Rs. 1,50,000 were distributed.

BosonQ and Samatva AI were declared as the winners and runners up respectively. Other than the winners, four more teams received further investment opportunities from investors.

Prof. Janat Shah, Director, IIM Udaipur, firmly believes in fostering the spirit of entrepreneurship and creating a startup ecology within the institute and community. Prarambh and E-Summit are an embodiment of his ideology.

Prarambh and E-Summit are held every year and aims to provide an entrepreneurial outlet for the students and a platform to showcase their diverse ideas.

About IIM Udaipur:

IIM Udaipur is one of India’s fastest-growing management schools. It has broken new ground by focusing on world-class research and transforming students learning into tomorrow’s managers and leaders. The Institute has arrived on the global education stage by getting accreditation from the AACSB (Association to Advance Collegiate Schools of Business) in merely eight years of its establishment.

With this accreditation, IIM Udaipur is counted in the same league of global institutes like Harvard Business School, Wharton School at the University of Pennsylvania, and the MIT Sloan School. IIMU has been listed on the Financial Times (FT) Global MIM Ranking 2020. Only the 4 IIM, along with IIMs Ahmedabad, Calcutta, and Bangalore, to be on both these prestigious rankings. According to the National Institutional Ranking Framework (NIRF) 2020, IIM Udaipur is ranked 17th amongst all B-Schools. IIMU is currently ranked 4th in India for research in management according to the methodology used by UT Dallas, which tracks publications in the leading global journals.

For more information, please visit: https://www.iimu.ac.in/

MEDIA RELEASE