IIM Bangalore Team Wins National Innovation Contest

The top 23 teams were selected for the national finals held at Mumbai on February 14 and 15, 2019.

 Share
EMAIL
PRINT
COMMENTS
IIM Bangalore Team Wins National Innovation Contest

The IIMB team has won a cash prize of Rs 4.5 lakh, including Rs 50,000 for winning the campus round


Bengaluru: 

Jinit Dharia, Mit Parekh and Yash Parekh, MBA students of the 2018-20 batch at IIM Bangalore, have won the national finals of 'The Ultimate Pitch 4.0', a competition organized by Reliance Industries Limited as a strategic elevator pitch contest to celebrate the spirit of innovation and entrepreneurial zeal among students.

"Our idea was to develop a biodegradable protective packaging material. This will provide a substitute to styrofoam-based packaging," says Yash.  

The team from IIMB has won a cash prize of Rs 4.5 lakh, including Rs 50,000 for winning the campus round, mentorship under the Reliance Jio GenNext Hub, interaction with the Reliance chairman's office, pre-placement interview and a trip to the refinery at Jamnagar.

Read: IIM Bangalore Placement Sees 488 Offers, Consulting Firms Lead With 161

 'The Ultimate Pitch' pits top teams from 55 B-Schools around the country against one another. In its fourth edition, the competition saw participation from 2,239 teams comprising 6,117 students. The competition was organized in two stages - the regional rounds and the national finals. The regional round comprised a video submission, a presentation and a Q&A round, each lasting three minutes. 

Read: IIM Bangalore Top Ranking IIM In FT Global MBA Ranking 2019

The top 23 teams were selected for the national finals held at Mumbai on February 14 and 15, 2019. The finals consisted of a three-minute video presentation and a four-minute Q&A round. The primary judging criteria were viability, feasibility, & desirability. Sustainability also formed an important part of the judges focus.

Click here for more Education News
 



Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................