Successful Conclusion of Meraki 2015
After months of preparation, hard work and efforts, Meraki, pan-India Business Plan Competition (BPC) for graduate and post-graduate students, got concluded with full fervor. FIIB initiated “Meraki” in 2012 with an idea to provide a platform to budding entrepreneurs where their entrepreneurial ideas face litmus test in front of angel and venture capital investors as well as successful entrepreneurs. After a highly competitive and feedback oriented process of business plan evaluation, winners were awarded entrepreneurship fellowships to help implement and support their ideas. Meraki also offers an opportunity for young entrepreneurs across India to get exposed to best practices for idea creation and realization by interacting with thought leaders (investors and entrepreneurs).
January 31, 2015
Meraki 2015 was the 4th Edition of this unique Business Plan Competition and was scheduled for 30th and 31st January. This year Meraki saw overwhelming response with 182 teams (including participation from international institutions) competing for the top slots. Out of these, the top 12 teams were selected to present their B Plans to a judging panel. The Jury Panel comprised of top level personnel from renowned companies such as Mayfield, Capital18, AsiaBridge Capital and Lightspeed Venture Partners. The teams include graduates from:
- Indian Institute of Technology, Delhi
- IIM, Indore
- IIT, Kharagpur
- Shri Ram College Of Commerce, New Delhi
- NSIT, Delhi University
- Great Lakes Institute of Management, Gurgaon
- School of Biotechnology
- KIIT University
- Goa Institute of Management
- International School Of Informatics and Management, Jaipur
- Indian Institute of Forest Management, Bhopal
- FIIB, New Delhi
Team 1 – Mighty Maniacs – Great Lakes Institute of Management
The team was represented by Magdalene Lycia, and Sai Swaroop. Their plan was about a service strategy devised for the unorganised sector – Beauty and Spa facilities at doorstep.
Team 2 – Higgs Boson – IIM, Indore
The B-plan was named Sambhav that was aimed at providing an exclusive platform to rural citizens to sell their products directly to consumers.
Team 3 – Catalyst – KIIT University
They were presenting a tactile solution for devices. Their plan had a low cost USB powered touchscreen overlay that can be externally placed over any electronic visual display upgrading the conventional device into a touch enabled one. The judges seemed quite impressed with the idea.
Team 4 – PocketAd – SRCC, Delhi
The plan was brought about by Yashash Agarwal. Their idea was all about interactive advertisements. They had a mobile app that challenges the tested dimensions of in-game mobile marketing. This plan was so well presented which truly impressed the judges. The judges seemed so overwhelmed that they had a small talk session with the team separately regarding investments if they made it to the top.
Team 5 – NE Mart – FIIB, Delhi
Seeing a FIIBian present at such a big platform was a proud moment for all. The plan was represented by Akash Sagolesm who came up with the idea of an e-retailing website aimed at solving the pain-points of north-eastern people of India staying away from home.
Team 6 – Energy Unified – IIT, Kharagpur
They had a plan on technology set to modernize the field of waste treatment & better environmental practices.
Team 7 – Intuigine Technologies – SRCC, Delhi
This team from SRCC had a thought “won’t it be cool if could control video games with just a gesture”, from there they came up with the idea of enabling your fingertips to magically control smart devices with simple gestures.
Team 8 – Reach – NSIT, Delhi
A very impressive plan presented by Akshay Pruthi, the plan talking about cross-platform mobile application which allows a user to access media files from multiple devices of their phonebook contacts.
Team 9 – Tarkari Junction – ISIM, Jaipur
Their idea was to fulfil the increasing demand of fresh/organic perishables and generating employment for the rural people by making them channel partners in direct selling of agro-produce.
Team 10 – Leaf – IIT, Delhi
Having a deep concern for the unsafe condition of women in India, team Leaf came up with a standalone wearable device which combines mobile application and control room to form a security ecosystem for women.
Team 11 – Green Manager – IIFM, Bhopal
They presented a plan on Bio pesticide, Trichocard, to solve the problems of pesticides and chemicals in our environment.
Team 12 – Findadspot.com – GIM, Goa
The team was presenting an “Out of Home (OOH)” advertising industry.
On 31st January 2015, the day got started with an enlightening session with Mr. Anshoo Sharma, Principal, Lightspeed Venture Partners. Students got an opportunity to take part in the interactive workshop on “Tips for Budding Entrepreneurs”. During this workshop, students came up-close to Mr. Anshoo Sharma and discussed their B Plans and had a detailed discussion on various challenges faced during the launch of B Plans.
After the knowledge building session, the winners were finally announced. The auditorium was full of anticipation, as all the plans were quite unique and innovative. After much deliberation and deep thought, judges announced the winners:
- First prize was bagged by Team PocketAd – SRCC, Delhi
- Second Prize was bagged by Team Reach – NSIT, Delhi
- Third Prize was bagged by Team Leaf – IIT, Delhi
The winners were felicitated by fellowship of Rs.1,50,000/-, Rs.1,00,000 and Rs.50,000/- respectively.
At the end, Mr. Manish Kheterpal, Chairman and Ms. Radhika Shrivastava, Executive Director congratulated the volunteers for putting up the great show and felicitated them with certificate of participation.
View all the pictures of Meraki 2015 HERE
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