The Grand Pitch 2022: SIBM Pune’s Launch Pad Towards Business Success

New Delhi [India], Sep 26 (ANI/Mediawire) : Symbiosis Institute of Business Management, Pune, created an excellent opportunity for its MBA (Innovation & Entrepreneurship) students to showcase their startups at “The Grand Pitch 2022”, to potential investors to its financing. The event was planned and executed by the Innovation Council, a student council of Symbiosis Institute of Business Management Pune (SIBM Pune), on 20th September 2022. Speaking about this event, Dr. R Raman, Director of SIBM Pune, stated, “SIBM Pune’s MBA (Innovation and Entrepreneurship) is constantly overflowing with ideas of entrepreneurial intent and students in this program are presented with many possibilities to propel their businesses to success. Grand Pitch is one of them that provides a funding opportunity to SIBM Pune start-ups”.

The 2022 Grand Pitch hosted an eminent group of investors including Arnab Ray, CEO of Array Innovative and Consultancy Services; Niraj Lunawat, Founder and CEO, Ai India Innovation Center; Ashish Banka, Co-Founder, Angel Investor, Eggfirst Advertising and Design; Nishant Oberoi, Founder, Angel Investor, GoPllay; Poojit Jain, Angel Investor, Co-Founder, Eaglewings Ventures; Rajeev Manjrekar, Senior Advisor at Datakatalyst Ventures LLP and Esteemed Alumnus of the 1997 Batch of SIBM Pune, Vaibhav Goyal, Mentor and Investor, India Accelerator, and Varun Sharma, Co-Founder of Cloudegic Inc. The event began with the lighting of the ceremonial lamp. The event was also attended by Dr. Vidya Yeravdekar, Pro-Chancellor, Symbiosis International (Deemed University) and Dr. Rajini Gupte, Vice-Chancellor, Symbiosis International (Deemed University), who greeted investors before the main event.

Investors were ushered onto the stage by Dr. Ramakrishnan Raman, Director, SIBM Pune, Dean, Faculty of Management, Symbiosis International (Deemed) University, and Director, Strategy and Development, SIU. This was followed by Dr. Raman’s speech, where he referred to the MBA (Innovation and Entrepreneurship) program as the brainchild of Prof. Dr. SB Mujumdar, Founder and President, Symbiosis, and Chancellor, SIU. Then followed the preparations for the series of launch meetings and the interaction between entrepreneurs and tycoons. MBA (Innovation and Entrepreneurship) students and alumni along with SCEI startups were given the platform to obtain funding in exchange for a stake in their upcoming businesses. Presentations to investors focused on problem statements and innovative solutions explaining feasibility and potential. This event was in tune with and similar to the well known “Shark Tank India” show.

The host of startups given the chance opportunity to showcase themselves in front of intrigued investors included HabitUp, Chop n’ Chill, Air Guruji, Wevive India, Supolabs, Cannabie, Oitary, Ecoco Straws, S-Neel Enterprises Private Limited, Des Rangeela, Corpodates and Circle 1 Million Women Leaders. Among more than 50 startups that applied, those mentioned above made it to the list of finalists. From menstrual health to AIML in schools, visionary enthusiasts presented different problem statements and perspectives. As participants explored trends ranging from healthy foods to textiles and home décor from Indian artists, the anticipation for each performance only grew as the day progressed. Synonymous with SharkTank India, the presentations were discussed in detail and the panelists were immensely supportive of the ideas and efforts put forth. Conversations on marketing strategies, opportunities, sales channels, positioning, scalability, and the impact created through innovations, along with valuable investor guidance and connections made, will continue to be an asset for business trips to come. Participants also set up their booths to showcase their businesses that were open for everyone to visit and shop as well. The day of suspense, debate, offers and counter offers ended with success and a brighter path for the budding entrepreneurs who proved their mettle and vision before the prestigious panel.

AIR Guruji, which ushered in AIML, Robotics and IoT in schools, and Oitary, a revolutionary FemTech caught the interest of investors and secured 9 lakhs and 7.5 lakhs of funding, respectively. The efforts of the Innovation Council and volunteers, the hard work of innovators, and the wise words of illustrious investors helped make The Grand Pitch 2022 a resounding success. This story has been provided by Mediawire. ANI will not be responsible in any way for the content of this article. (ANI/Mediawire)

(This story has not been edited by Devdiscourse staff and is automatically generated from a syndicated feed.)

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