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Jan
23

Top B-Plan Competitions in India by Credible B Schools

India being one of the world’s largest provider of management education and with retail industry accounting for over 10 percent of the country’s GDP (Gross Domestic Product), it offers infinite opportunities to young entrepreneurs to pursue their dreams and ambitions of becoming successful entrepreneurs.

With entrepreneurial dreams, comes bigger challenges of shaping thoughts and ideas into realistic concepts that could facilitate the establishment of the startup into an entity. As the startup industry gets more competitive and combative, there is even a greater need for developing a robust business model that could not only fetch larger investments and funding but could also sustain in the long-term. According to a recent report, ‘The 2017 Global Retail Development Index’ titled ‘The Age of Focus‘ published last year in 2017 by London-based business consultancy ‘A T Kearney’, Indian retail market witnessed investment and wealth funds worth over $800 million by private equity firms and was ranked first. This further prompts the new-age innovative aspiring entrepreneurs to generate new business ideas, demonstrate the meaningful vision and proposed solutions that could engage the prospective investors.

Entrepreneurship is not a profession or a career but a path chosen by the one who is not held by the obstacles rather takes challenges head-on. Entrepreneurship is a character that is defined by certain specialistic traits such as building a business from scratch, develop, organise and manage a business venture but most importantly risk-taking. Risk-taking is a term synonymous with entrepreneurship as openness to learn, embracing failures is imperative for success. Below are some of the other top business plan competitions in India by renowned business institutions

FIIB’s Meraki:

In its endeavour to nurture the entrepreneurial spirit within the new MBA entrants, FIIB’s Center for Innovation & Entrepreneurship gears up for the 8th edition of Pan Asia B-Plan Competition Meraki 2019 scheduled to be held on March 23rd.

FIIB provides a much needed platform to young budding entrepreneurs enabling to pitch, present and justify their business plan before a panel of decision-making jury comprising of noted industry leaders, incubators, and investors who fund the most worthy ideas and extend unconditional mentoring and support for execution of the idea into a business set-up. (For more information on Meraki , please read our previous posts). The competition aims to facilitate meaningful interactions and networking with eminent industry leaders, innovators, business entrepreneurs, C-Level officials and top notch influencers, amongst others. Leading investors such as AsiaBridge, Canaan Partners, Lightspeed Ventures, Providence Equity and Zephyr Peacock. Each year Meraki registers numerous entries from top colleges across India and South Asia including IITs, IIMs, NITIE, FMS, IIFT, IMT. The panel of judges evaluate, assess and analyse the most striking b-plans to fund and provide counselling. In its eighth year of success, Meraki is considered amongst the leading b-plan competitions of the country drawing over 3000 teams, over 60 experts and mentors. The competition primarily focuses on the Mentoring by prominent Entrepreneurs, Networking with investors, funding support, recognition, industry exposure a well as feedback opportunities.

The prize amount for the winning b-plans proposed by students includes amount of upto INR 3 lakhs, medal & trophies along with a merit certification.

To know more about what Meraki 2019 visit http://meraki.fiib.edu.in/

The B-plan competitions are designed to give collegiate entrepreneurs a realistic experience of interacting and convincing the eminent personalities from the business fraternity for successful commercialization of ideas and plans.

Eureka! by IIT Bombay’s Entrepreneurship Cell

IIT Bombay’s Entrepreneurship Cell, strives to encourage innovation and develop entrepreneurial spirit  within students. The competition aims at fostering ideas and actionable concepts that could be turned into a business set-up. Eureka! is perceived as one amongst top international Business Plan competition offering sum of INR 2.4 million apart from the legal and mentoring support. The contest is also perceived as a platform to solve queries and seek important guidance for projects and startup plans in development stage. Eureka! Is considered one of Asia’s largest business model competition drawing most of the major business personalities, investors, incubators, and leaders.

 Empresario by Entrepreneurship cell of IIT Kharagpur

 Empresario is an another popular business model competition organised by the Entrepreneurship Cell of IIT Kharagpur in association with International Business Model Competition (IBMC).

The cell promotes innovative and enterprising ideas of the students and aims to provide a platform that primarily focuses professional mentoring, knowledge sharing and expressing of industry insights. Besides that, the competition helps students demonstrate their venture plans before the Venture Capitalists, Angel Investors and Industry leaders and obtain instant guidance with respect to the business plans and models.

 IIT Delhi’s Vishishth

Vishishth, an another flagship b-plan contest promoted by the Entrepreneurship Cell of IIT Delhi, and is considered a popular one for its focus on the 360 degree mentoring, support and guidance through industry leaders. The competition aims to ensure accomplishment of students through supervision by prominent industry leaders on formulation of ideas, preparation of business plan pitch to stage of investment and required support.

Conquest by BITS Pilani

Conquest, known to be India’s first Student-Run Startup Launchpad, is a competition that provides a six-week long summer mentorship program at Bangalore to ten early age startups from across the country.

Conceptualised by an active Entrepreneurship Cell, Conquest through a month long fully-sponsored residential startup mentoring program aims to connect winning teams to investors for investments and financial support.

Eximius by Entrepreneurship and Innovation Cell of IIM Bangalore

IIM Bangalore as one of the prestigious institutions too encourages facets of entrepreneurship through Eximius with the motto ‘Dream. Dare. Defy.’ and a dedicated Entrepreneurship Cell that aims at development of student communities and creation of exemplary business personalities. The competition offers winning teams and individuals reward of upto INR 1.5 Lakh.

The competition entails meaningful and insightful workshops, events and seminars.

B-PLAN COMPETITION WHY PARTICIPATE ORGANISER Prize Money & Support Judging Partners & Mentors SUCCESS HIGHLIGHTS
MERAKI Opportunity to launch a new business

 Receive expert first-hand feedback, advice and mentoring by industry thought leaders

 Network with venture capitalists, investors & prominent entrepreneurs

 Chance to win hefty cash reward

 Merit Certification

 Recognition & Appreciation

FIIB’s Center for Innovation and Entrepreneurship Up To INR 3 Lakhs

 

 

 

Manish Kheterpal, Partner, WaterBridge Ventures

 Vishal Dixit, Ex-Partner, Mayfield Ventures 

 Amit Khosla, Managing Partner at Cataylst

 Sarbvir

Singh, Managing Director, J.P. MORGAN

 Puru Vashishtha, Director, Deal4Loans & Angel Investor

Anshoo Sharma, Co-founder and CEO, MagicPin

2018

 Winner: Abhivyakti, Dharmesh Goyals, IMT Ghaziabad

 1st Runner Up: Cynotech(Spirulina), Kumar Anadi Anant , Pondicherry University

 2nd Runner Up : Project Rahat, Poorvi Gupta (Team Lead), Shaheed Sukhdev Singh College of Business Studies

 2014

 Winner: Teams from D J Sanghvi College of Engineering, Fortune Institute of International Business and Goa Institute of management

 2012

 Winner: Team We Thinkers from SNDT Women’s College

 1st Runner Up: Team from IIM Bangalore

EUREKA! Turn innovative ideas into commercial success

 Investment opportunities upto INR 10 million by Naman Angels India Foundation to the finalists

 Support on Drafting a B-Model

 Incubation Opportunities

 Networking with industry leaders

Chance to win cash prize

Mentoring support

 

IIT Bombay’s Entrepreneurship Cell Upto INR 5 Lakh

 

 

Exfinity VENTURE PARTNERS

 GRAYMATTERS CAPITAL

 50K VENTURES

 ASTARC VENTURES

 ASTARC VENTURES

 Napino

 Startupxseed

QUALCOMM VENTURES

 GENNEXT

 matrix PARTNERS

 Sachin Karnik, CEO, Mumbai Angels

 Pratik Poddar, VP, Nexus Venture Partners

 Atit Jain, AVP, SAIF Partners

 Lavin Mirchandani, TiE Mumbai

 Kunal Shah, Serial Entrepreneur, Angel Investor

Eureka! Social winners, 2014

SAFER Smart Pendant by Leaf

 Eureka! Business winners, 2013

Zostel – First Backpacking youth hostel  chain

 Eureka! Social winner 2011

Smart Stove by Greenway Grameen Infra

 Winners of Eureka! 2002

TheraNova

 Winners of Eureka! 2001

EInfinitus

 Winners of Eureka! 2003

Whizlabs

 Greensole, a social venture, refurbishing discarded shoes to comfortable footwear

EMPRESARIO Key Business Model Hypotheses

 Testing Products

 Customer Development

 Customer-Validated Business Model

 Direct Entry to Semi-Finals of IBMC 2019

 Expert Mentoring

 Elevator Pitch

 Networking

 Startup Services

 Incubation Opportunities

 Feedback from experts

IIT Kharagpur’s Entrepreneurship  Cell in association with International Business Model Competition (IBMC) Upto INR 25 Lakh

 

 

UNICORN INDIAN VENTURES

 

unitus capital

 

PARAMPARA

 

ICP INVENTUS CAPITAL INDIA

 

50K VENTURES

 

Startup

Oasis

 

Anthill

 

Artha India Ventures

SleepDoc+ by mBreath

First of its kind product that wirelessly measures different physiological parameters such as respiration rate, heart rate, and body movement. 

GAMEZOP

 A casual dating app, allowing to play a lot of games without downloading other apps.

2015 – 2016

 SWAGENE

 A Knowledge laboratory that helps you discover the uniqueness of one’s DNA or genes and use it for healthier life.

 2014 – 2015

 COEO Labs

 A health technology startup creating new technology to reduce ventilator based pneumonia

 2013 – 2014

 RETENTION.AI

 (Formerly BataGlide) World’s 1st uninstall intelligence platform for mobile apps. The platform allows app developers and marketers to track uninstalled users and understand their behaviour.

 2014 – 2015

 Roder (formerly InstaCab)

 Intercity travel throughout India and aims to provide cabs at the cheapest rates, anywhere and anytime.

 2012 – 2013

 Social Cops

 A data analytics startup using a network of mobile-enabled human sensors tracking the most important parameters in the world – access to healthcare, income & savings, adherence to drugs & quality of infrastructure – from the remotest parts of the world. Their data stacks changes the way organisations consume, retrieve or make data.

 2013 – 2014

 INTUGINE

 Intugine has created a mobile device called Nimble which help users to control computers at their fingertips with comfort and accuracy. The product is currently available on Pre-Order now.

VISHISHTH/ STARTUP SHOWCASE COMPETITION Put entrepreneurship principles into practice with an integrative learning experience

Formulate ideas into business plans

Opportunity to be mentored by some of the best Angel Investors and Venture Capitalists of India

 Cash prize

IIT Delhi’s Entrepreneurship Development Cell Upto INR 20 Lakhs Not Mentioned Not mentioned
CONQUEST Six-week long summer mentorship program at Bangalore for ten early age startups

 Commercialization of plans

 Networking and Mentoring support

 Cash prizes and merit certification

 

a month long fully-sponsored residential startup mentoring program aims to connect winning teams to investors for investments and financial support

BITS Pilani’s Entrepreneurship Cell Not mentioned Blume Ventures

 Lightspeed Ventures

 Matrix Partners

 Indian Angel Network

 Early Stage Investor, Saif Partners

 AD Ventures

 LetsVenture

 Nirvan Capital

Digbijoy Shukla

Amazon Web Services

 Karan Sandhu

Co Founder, BrainPlay

 Bharat Sethi

CEO, Co Founder, iDecorama

 Samir Dahotre

Co-Founder – CEO, Artbugs

 Abhash Kumar

DM and Growth Head, Ex-Yourstory

 Abhishek Nayak

CEO and Co-founder , Bicycle AI

 Aditya Sandhu

Co Founder, BrainPlay

 Ajay Rungta

Engineering Lead, Practo

 Amruth Br

CEO and Co-founder, Guru-G learning Labs

 Nirvan Capital Advisory

 Accel Partners

 Brajeshwar Oinum

Partner, Alaris Prime

 Deepanshu

Co-Founder and CEO, Shuttl

 

Not mentioned
EXIMIUS Skill based events

Consultation by Experts

Workshops

 Intern Fair

IIM Bangalore’s  Entrepreneurship Cell Upto INR 1.5 Lakh Amitabh Shrivastava, Managing Partner, Indian Angel Network

 Neeraj Tyagi

Managing Partner, Venture Catalysts

 Nidhi Saraf

Founder, Key Ventures

 Deepak Ohri, CEO, LEBUA HOTELS

 Ananth Narayanan, CEO, Myntra

 V.S.S. Mani, Founder & CEO, JUSTDIAL

 Parth Jindal, MD, JSW CEMENT

 Yashish Dahiya, CEO, POLICYBAZAAR.COM

 Rajeev Baphna, CEO, Analyttica Datalab

 Upasana Taku, Founder, MobikWik

 Nina Lekhi,

MD, BAGGIT

Not mentioned