Saturday, January 10, 2009
IIM Calcutta's B-Plan Competition Results OUT
The grand finale of i2I ’09 (ideas to Implementation), organized by the Entrepreneurship Cell of IIM-Calcutta jointly with Intaglio was conducted with the 9 best business plans being presented to a jury panel. Last year, i2I’ 08 became a springboard for 4 finalists to launch their own firms successfully. This year the event featured business plans across various sectors including IT/ITES, manufacturing, social initiatives, healthcare, alternate technologies, and media. Jury members found all the plans to have good growth opportunities and market potential. At the end, however, 2 business plans – Aksharit (Dhariwal Bros. from Jodhpur) in the field of Toys & Games Industry, and HelloDoctor24X7 (7 doctors, 5 engineers and 5 MBAs from Orissa) in the field of E-health and Telemedicine - were identified that were fundable and VCs have indicated they wish to follow up with them in the future.
The jury panel consisted of eminent personalities like Sharon Bamford, CEO of UK India Business Council; Saurabh Mehta from Indavest Partners; Prof Trevor Newsom from Queens University Belfast; Shoummo Accharya, President TiE Kolkata; Bikram Dasgupta, Founder & CEO of Globsyn Group of Industries; Prof Anjan Raichaudhari; Shradha Sharma, Founder & CEO of Yourstory.in; Vasant Subramanyan, Founder & CEO of Last Peak Data. All the jury members agreed that the quality of preparation of the teams was unparalleled and their plans were very well presented and well researched.
Both Sharon and Saurabh felt that although all the 9 plans were good, these two plans Aksharit and HelloDoctor24x7 are fundable and they would initiate mentoring and the process of negotiations with these two teams.
Canaan Partners, an Investment Partner offered all the 9 teams a chance to further interact and meet them in their office for discussions.
All the teams were extremely pleased with the arrangements and had a special mention for the extremely constructive feedback given by the jury. The comment by one of the teams “we have been to other IIMs but the professionalism with which the event has been handled, it has been truly memorable” really summarized succinctly the whole event.
Regards,
Entrepreneurship Cell
The jury panel consisted of eminent personalities like Sharon Bamford, CEO of UK India Business Council; Saurabh Mehta from Indavest Partners; Prof Trevor Newsom from Queens University Belfast; Shoummo Accharya, President TiE Kolkata; Bikram Dasgupta, Founder & CEO of Globsyn Group of Industries; Prof Anjan Raichaudhari; Shradha Sharma, Founder & CEO of Yourstory.in; Vasant Subramanyan, Founder & CEO of Last Peak Data. All the jury members agreed that the quality of preparation of the teams was unparalleled and their plans were very well presented and well researched.
Both Sharon and Saurabh felt that although all the 9 plans were good, these two plans Aksharit and HelloDoctor24x7 are fundable and they would initiate mentoring and the process of negotiations with these two teams.
Canaan Partners, an Investment Partner offered all the 9 teams a chance to further interact and meet them in their office for discussions.
All the teams were extremely pleased with the arrangements and had a special mention for the extremely constructive feedback given by the jury. The comment by one of the teams “we have been to other IIMs but the professionalism with which the event has been handled, it has been truly memorable” really summarized succinctly the whole event.
Regards,
Entrepreneurship Cell
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