Prarambh 2021 marked its success in fulfilling the competition’s objective, overseeing enthusiastic participation from all over the country. The event received 330+ entries for the initial phase of the competition and selected the top 10 teams with a minimum viable product. The selected teams embarked on a 5-week mentorship program to prepare for pitching on the final day. The pitching round was followed by a rigorous Q&A session wherein the teams were provided with priceless feedback and suggestions by the judges or investors.
The winning team BosonQ Psi – state-of-the-art Multiphysics simulation (MPS) software that will run on quantum computers, was awarded a cash prize of Rs. 100,000.
The runner-up team, Samatva AI – AI-Powered, an Automated HR & Recruitment Platform for differently-abled, was awarded a cash prize of Rs. 50,000.
The teams were also given AWS credit worth $100,000 from the cloud sponsors AWS. Further, as a testament to the event’s success, six teams (Momskart, Cashcry, BosonQ Psi, Samatva AI, Virasat and Volunthere) were given a further evaluation and investment opportunity by the panel of investors-cum-judges.
What is Prarambh?
Prarambh is the flagship event of Saksham, the Entrepreneurship Cell of IIM Udaipur. The event brought together entrepreneurs under the banner of Prarambh and helped them refine their ideas and Minimum Viable Products (MVPs) by providing five-week mentorship by industry stalwarts.
Saksham, the Entrepreneurship cell of IIM Udaipur, hosted an entrepreneurship-summit, or E-Summit for the second time in IIMU. The theme of the summit was “Tales of Transition.” To highlight the need to master the changing environment, the Keynote speakers of E-Summit 2021 put forth their experiences on making transitions as accelerators instead of barriers. The E-Summit witnessed three esteemed speakers, namely Mythily Ramesh (Co-Founder & CEO NextWealth), Prachi Mohapatra (Marketing Head, Dr Reddy’s Laboratories), Murali Sivaraman (Chairman, Huhtamaki India), who engaged students in a 1 hour 45 minutes session aligned with the summit’s defined theme.
BUBBLE, with a runtime of twenty minutes, is the first film to have been shot in the new IIM Udaipur campus in Balicha and includes cast and crew members consisting of the Student Community of IIMU. The film has already won awards at the National Short-Film Making competition held at Nirma University, Ahmedabad, in the Best Story and Best Cinematography categories.
The film has been produced by Happy Hours Entertainment, founded by Saradindu Naskar, a student of the PGP 2016-18 batch of IIMU, who has also written, edited and directed the film.
Happy Hour Entertainment recognizes the power of ideas and aims to improve human life with stories that incite transformation.
BUBBLE is a psychological thriller constructed around the concept of Apophenia and uses a layered narrative to amalgamate multiple threads in the story.
Indian Institute of Management, Udaipur that Lake City was given after a long fight, finally became functional in August 2011 with the first batch of 58 students on the campus of MLSU. Soon after, the construction of a huge campus with several unique features started at Balicha. Now the Institute is running on the new campus.
Under the visionary Director Janat Shah the institute has been making phenomenal all-round progress and has become one of the top IIMs in the country. Since the start of the institute, the students have been left free to plan and execute activities on their own and that in the opinion of Director Shah has made them more creative and responsible. With the help of about 30 clubs, they are not only looking after their own affairs but also help the society in several ways. Among others, their work has been highly appreciated by the district authorities and other associations. The clubs are funded by the pocket money of the students. Needy students are also helped financially. The students also step out into the neighborhood to teach poor children and provide books etc. The ten committees meet with all the academic, professional and cultural needs of the students. All the important decisions are taken by them. All the issues related to the students, the facilities, and the management are resolved by the academic council. The programmes for former students and counseling for the present ones are organized by the alumni association. It is the work of council of student affairs to present the problems before the management. Infra committee takes care of the basic needs of the students. By contacting international institutions the international relation committee provides international exposure to the student. The media and interaction cells keep in touch with corporates who sponsor the IIM events’ merchandise and retail committee designs projects related to IIM and publicising them all over the country. Mess and infra committee plans the student’s diet in keeping with nutrition needs. For better placement, the placement committee facilitates an interface between students and corporate with the help of placement preparation committee, students get ready for placement. Students get guidance on matters such as business, employment from the professional club. The social club with its eleven units keeps in touch with people outside in different areas like education, business, employment and social awareness. In keeping with the changing needs, new clubs are added. For instance, this year there is a new club called Bikers and Riders.
Under the summer placement programme, after the completion of two semesters students go for a two-month long internship in the companies. Students are given scholarships. This year, out of 232 students of 2017-2019 batch 210 got placement. In addition to this 9 students applied for entrepreneurship. Out of the 71 firms that came for recruitment, 40 were new including Johnson and Johnson, ITC, Mario, Larsen and Toubro, Sutherland Global, Tata Steel, Hero, Volvo, SBI. Among the companies that had come earlier were Amul, Berger Paint, HPCL, Wipro, Yes Bank and Express Money. The highest offer placements were made in sales and marketing sector (103), followed by finance domain (25), operation (16), HR (14), business analysis (13), project management (12) and IT (9).The main companies were Yes Bank, ICICI Lombard, Johnson and Johnson, ITC, NMC Healthcare, and Cumming. The stipends were as follows: average stipend (about 54,000), best stipend (2 lac), average stipend of top ten percentile (about 1.21 lac), top twenty percentile average stipend (about 1 lac), top 50 percentile average stipend (about 77,000) and average stipend for international placement (about 1 lac).
The alumni of IIM, Udaipur has not only impress the world with its brilliant performance but also set an example by giving up their lucrative jobs to serve the country and be with their parents. Angad Abrol, as a student of the 2013-2015 batch and an engineer from Chandigarh IIT, who was earning 35 lac annually in Sydney, Australia is running two companies in Noida. The one is a logistics company that takes online orders for moving goods. Another company is producing artificial products that are helpful in management work. The annual turnover of one company is about 2 crore. The 25 workers in the two companies get 4 to 15 lac annual salary. So much passion has Jairam Krishna, a student of the 2014-2016 batch for working on his own that he never thought of a job or going for a campus placement interview. He turned down lucrative job offers. He has founded a management consulting firm with his brother in Hyderabad. He is offering high-quality services in a safe way at a low rate in a short time. He gave up a job with a 7.5 lac package and did his MBA to master management.
A student of IIM-U, 2016-2018 batch Jaspreet Singh gave up a 12 lac annual package job in a private bank, has launched a wedding photography firm in Delhi with his three friends. His pre-wedding photography is like that of films and brings in new concepts.The firm has to refuse orders due to a rush of work. He has worked in many parts of the country. His five-member team gets 1 lac to 4.5 lac per year. Sandeep Rana, a resident of Dehradun, and Jaspreet Singh have started a new project in Bangalore. They launched a business to consumer concept to catch the taste of people but found that returns were not in keeping with the investment of time and money. Now the business is run by Ashish, an IIM-Indore student who gave up a job in a multinational company with a package of 12 lac. It is a business to business concept in which order for supply of food to companies for big events are executed. The one lac turn over company pays between 2 lac to 5 lac to its 25 employees.
Ishan Agarwal of 2015-2017 IIM-U batch who resigned a job of an international level company with a package of 12 lac has joined hands with Mridul Rajput and Mridul to buy more than 100 motorbikes that are given to tourists who go to Mumbai, Delhi, and Gurugram. Outlets have been opened in these three cities. Soon the business is to start from Banglore. Ishan is to give Harley Davidson bikes from Mumbai for which one would pay Rs. 5000 per day and for Bullet and Activa it is going to be Rs. 1200 and Rs. 400 respectively. The turnover that started from 2 lac has now shot up to 60 lac. The workers get up to 60,000 per month. Vikas Dapda of 2016-18 batch who had declined a package of 12 lac has opened a geriatric clinic in Ahmedabad with a friend and a team of ten persons. Seventy percent of the income is being given to workers as salary. Vikas plans to open a chain of hospitals all over the country. He is also offering service in IIM-U.
IIM-U proposes to run a six-week course of Stanford School of Public Police, America from 16 June to 18 July. It would cover concepts such as principles and development research and its instruments and methods, management development, practical skills and development, report writing and its presentation with data. It would touch up in the characteristics of leaders for future development and their role. It would be beneficial for those who wish to be future leaders in the academic field. The areas to be taught include Indian NGOs, potential areas of developments and current social and political challenges. There would be team comprising three persons – one student of an Indian University, one of Duke University and one young man from NGO. Each team would spend about ten days in the area of an NGO. During this period would be studied the work being done in rural areas and city slums and the needs of the community and reactions. For NGOs, a detailed project proposal would be prepared that would include an analysis of evaluation, implementation plan, budget and expenditure and profit. Participants would get certificates from IIM-U.
IIM-U keeps organizing programmes that are not only beneficial but also quite interesting. Recently, in a two-day programme about entrepreneurship, some successful management people talked about the ways in which they put their ideas into practice and became successful. The speakers included young entrepreneurs like Gaurav Mantri, Angad Abrol, Vijai Lodha, Cherry Claire, Rohit Jayaswal and Mritunjai Yadav. In another event named Leap Day Lit Fest, Manjri Prabhu talked about her literary journey while Anchal Malhotra discussed her book on partition of the country covered in Anshul More shed light on his success. Writer Sujata Massey told the audience how she studied the background context of her work.
With their brilliant performance, social concerns and awareness creating activities, IIM-U students are covering Lake City with glory.
It has been almost two years that Indian institute of Management Udaipur (IIMU) has started operations in Udaipur. And right from the beginning it has been part of the vision that IIMU should make a difference to the region. The initiation of the Management Development Programme for Women Entrepreneurs (MDPWE) in 2012 was a step in that direction.
This programme salutes the entrepreneurial spirit of Rajasthan and at the same time aims at bringing the womenfolk of this great province into focus. IIMU believes that for that entrepreneurial spirit to continue and flourish over the generations, the ladies of this land have to be encouraged to start their own enterprises. Of course there are numerous women here who are successfully running their own businesses, but it is always a good idea to get a sense of order and structure in their endeavours. This is where MDPWE comes in. This programme is going to take place in 2013 as well.
The programme shall be flagged off in the IIMU campus on April 17 and shall go on till May 22, 2013. All existing and aspiring lady entrepreneurs who wish to get their business ideas honed by experts of IIMs are called upon to register themselves for this programme on or before April 3, 2013. All other details about the programme, including the nomination form, are available on the IIMU website: http://www.iimu.ac.in/mdp-2013/.
The Wildlife Wing, Forest Department, Udaipur in association with Pacific University is organizing Cyclothon and Run for Nature 2012 on the 7th of October. This is being done to sensitize the denizens of the city about the numerous benefits of cycling and running. The environmental issues including the increasing levels of pollution is something that needs immediate attention. It would require the common man’s involvement too if we are to bring about a change.
The timing for the Run and the Cyclothon has been adequately kept so as to encourage the spirit of participation and recognize the commitment for nature conservation. Anyone who participates and completes the Cyclothon or Run for Nature becomes eligible for prizes over 5 lacs. The winners will be selected through a lottery system and get to enjoy a nature retreat with their families, in case they are lucky to win.
a. Start and Finish – MLSU (Mohan Lal Sukhadia University) Auditorium.
b. Both Cyclothon and Run are not being organized as race but are to be completed within a maximum stipulated time which has been kept as double the normal time required to cover the designated route. The time for run has been given so adequately that people can complete even by walking. This has been done to encourage the spirit of participation and recognize the commitment for nature conservation.
c. The maximum distance for Half Cyclothon is approximately 21 Km. (equal to half marathon) while the distance for Quarter Run/walk is approximately 10.5 Km (equal to quarter marathon). These two events are open for males between the 15-60 years of age.
d. Further to encourage the participation of women and senior citizens (age above 60 years), second route for Cyclothon has been kept of 10.5 Km approx. (Quarter Cyclothon) and for run/walk it has been kept as 5.25 Km (Mini Run/walk).
Udaipur Cyclothon 2012
Men (15-60 years)
7:00 AM – 9:00 AM
Women (>15 years),
7:30 AM – 9:00 AM
Run 4 Nature 2012
Men (15-60 years)
7:00 AM – 9:00 AM
Women (>15 years),
7:30 AM – 9:00 AM
e. The participants should arrive on the site 45 minutes before the start of the event and get their registration slip stamped. Those arriving late for the event will not be allowed to participate in the event.
f. All the participants are expected to take validation at the checkpoints, located at about half way of the trip and deposit the slip on completion with the organisers at MLSU auditorium.
g. All the participants should display their registration slip on their chest during participation.
h. Prizes will be awarded based on the lottery drawn from among all the participants who complete the Cyclothon / run or walk in maximum stipulated time.
i. All the participants who complete the Cyclothon/Run successfully will be provided with refreshments at the MLSU auditorium between 8:00 AM – 9:00 AM on producing the registration slip which is duly stamped.
MLSU Gate, Shobhagpura circle, return to MLSU Gate
a. Age: 15 years and above (as on 01 Oct, 2012). Participants will have to provide a valid proof of birth date.
b. Each individual should apply through a separate form. Group entries are not permissible. Multiple applications by any individual will entail all being rejected.
c. Identity Proof: An identity proof must be submitted with the registration form else the entry will not be entertained. If the identity proof does not carry date of birth then a seperate proof for date of birth should be enclosed.
d. All the participants should be in good health and they should check their fitness with a competent medical practitioner and sign an indemnity certificate while submitting the registration form.
e. An indemnity form/no objection certificate has been included in the form that must be duly signed by the parents/guardians for youth below 18 years of age.
AgeCategories for Cyclothon and Run/walk:
Men (15-60 years)
Should have completed 15 years of age as on 01 Oct, 2012.
Should have completed 15 years of age as on 01 Oct, 2012.
(Male & Female) (>60 years)
Should have completed 60 years of age as on 01 Oct, 2012.
The earth, the air, the land and the water are not an inheritance from our forefathers but on loan from our children. So we have to handover to them at least as it was handed over to us.
With these thoughts in mind, the IIMU family set out on a tree-plantation drive in their upcoming campus in Balicha, to commemorate Gandhi Jayanti. Continuing the trend started last year, by the pioneer batch, a troupe of about hundred PGP students led by Prof. Janat Shah, Director, IIMU, planted more than 130 trees on the 250 acre site where the IIMU campus will be built. The huge site was mostly barren till last year, having only seven trees. Thanks to the green drive, the mountainous terrain is now dotted with numerous plants of Neem, Amaltas, Mango, Banyan, Peepal, Amla and other varieties.
IIMU aims to create socially responsible leaders, and being eco-friendly is a part of the IIMU DNA. Prof. Janat Shah leads by example and cycles his way to the institute and back every day. The students too use only cycles within the campus which is temporary and is currently operating out of Mohan Lal Sukhadia University, Udaipur (MLSU). Taking inspiration from this, MLSU authorities have declared every second Saturday of the month as no-vehicle day in the entire campus. The new campus of IIMU located outside the city is proposed to be water-neutral. IIMU plans to involve the student body as well as the citizens of Udaipur in making its new campus an icon of excellence.
Through today’s event, the students felt intimately connected with nature in their efforts of building a greener campus. Special arrangements were made to ensure that no poly-bags or litter was strewn around. Prayatna, the social club of IIMU, organized a photography competition wherein the students captured the picturesque landscape where the youngest IIM of the country will take shape. The stretch of land is approximately 9kms in perimeter and is situated right next to NH8. Although the classes are expected to run in the permanent campus after 2015, the students were excited at the prospect of returning to a beautiful campus a few years after they graduate. The seeds of social and environmental responsibility sown at Indian Institute of Management, Udaipur shall certainly bear fruit in the near future.
In the wee hours of the morning, a group of 23 IIM Udaipur students went ahead to ride their bicyles around the slyvan surroundings of the lake city. The event Cyclothon had the motto to increase awareness among the denizens of Udaipur about the increasing levels of pollution as well as the benefits of cycling. The students started off from the campus and went upto the Fateh Sagar lake. The 20 km route then went around the scenic Rani road and through Fatehpura to finally end at the campus. The enthusiasm of the students was exceptional as some of them completed it without taking a halt, that too within 50 mins.
IIM Udaipur has since its inception believed in caring for nature. Keeping this in mind the institute has ensured that the campus is entirely pollution free. Students are encouraged to use bicycles and keeping motorized vehicles is prohibited. In fact even the director of the institute Prof. Janat Shah leads by example, and prefers to cycle his way to the office almost everyday. The new 250-acre campus of the premier management institute that is coming up in Balicha region in the midst of the hills of Udaipur is going to be water neutral and eco-friendly.
Gudakesh, a final year student of PGPM of the institute, said, “Udaipur is a beautiful city and it is our duty to ensure that it remains so. But sadly nothing much is being done about it. The pollution level is increasing by the day. Although there are a lot of measures that can be taken up, we should try and take the initiative ourself. Cycling not only ensures that you remain fit and healthy but it also ensures that we don’t burn fuel when it is not necessary. At least for the daily errands, one can easily cover a distance of 4-5 kms each day as our Director, Prof. Shah does. We just need to give it a try. The environment needs care and if we don’t do something about it, then who else will.”