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Tag: IIM Udaipur

IIM Udaipur records 100% placements for its One-Year Full-Time MBA Program in Digital Enterprise Management Batch 2021-22

IIMU Campus

January 25th, 2022; Udaipur:  Indian Institute of Management Udaipur concluded Campus Recruitment Program 2021-2022 for its One-Year Full-Time MBA in Digital Enterprise Management batch with a 100% placement record for the second consecutive year. The Program was started in 2020 and is India’s only One-Year Full-Time MBA in Digital Domain, and as such is a unique offering in the new digital world of business. A total of 128 roles were floated to the students and a total of 47 companies participated in the placement season. The Institute shared Topline findings. IIM Udaipur is only the 4th IIM that is part of IPRS and will be sharing externally audited placement reports after completion of the audit.

The premier B-school announced that the size of this year’s batch was significantly increased over the inaugural batch last year. It consists of 26 students with 3-5 years of work experience, and 11 students with 5+ years of work experience. The average work experience of the cohort is 55 months. The minimum work experience mandatory for doing the course is 3 years.

On this achievement, Prof. Janat Shah, Director, IIM Udaipur, said, “I congratulate the graduating One-Year MBA Batch in Digital Enterprise Management (DEM) for being 100% placed with sought-after roles. The increase in the batch size and the outstanding response by recruiters shows the shift in business paradigms and the rapidly-growing importance of digital learning in the management ecosystem We are happy to see our initiatives in setting up a Centre of Excellence in Digital Enterprise and the 1 year full-time MBA have been so well received.”

The students bagged some of the most sought-after roles in highly relevant domains like Digital Strategy, Digital Transformation, Artificial Intelligence and Machine Learning, Digital Experience, and Cloud.

Majors Tech companies such as Accenture Technology, Cognizant, EXL, Innover Digital, Conga, and other companies in the IT Services and IT consulting domain offered sector-specific roles. TransWorld Group of Companies offered international roles in Digital Marketing, Analytics, and Corporate Strategy roles.

Companies including Accenture Strategy, IBM, Cognizant, Thoucentric, TheMathCompany, and Lumiq offered both Technology and Management consulting roles. Retail and eCommerce companies like Reliance Digital and Flipkart, and enterprise analytics companies like LatentView Analytics offered analytics roles. Companies including Publicis Sapient, Digite, Accolite Digital, and Decimal Technologies offered product roles. IT Services and IT consulting majors including Thoughtworks, Mphasis, Infosys Consulting also participated in the recruitment drive.

Increase in Package:

CTC Stats Class of 2021-2022 Class of 2020-2021 % Increase
Max  ₹       32,21,000.00  ₹       30,67,000.00 5%
Average  ₹       21,30,895.75  ₹       19,84,742.00 7%
Median  ₹       20,00,000.00  ₹       18,15,000.00 10%
IIM-Udaipur-300x272

IIM Udaipur Incubated tech startup FasterrWeb obtains funding

IIM Udaipur incubated Delhi based tech startupFasterrWeb obtains fresh funding from angel investors.

FasterrWeb, a website speed optimization platform that lets websites load 10 times FASTER will deploy the latest proceeds to strengthen its technology, expand customer acquisition and scale up the existing team. FasterrWeb is poised to automate SEO optimization and is set to become the next global player in the 40 billion dollar Industry.

“FasterrWeb aims to revolutionise the old functioning of websites. With the funds, we aim to associate with more and more people and organizations and speed up old technologies making the web faster, by optimizing the old standards for doing new things,” said Anshul Kapoor, Founder, FasterrWeb.

Slow websites damage the revenues of Online Businesses. Even top publishers like FT.com, economictimes.indiatimes.com and market leaders like Oyo and several other Top brands all struggle with the Slow website speed issue and have invested a lot of resources to solve the problem for themselves. However, SMEs and several large businesses that lack resources and the right technical skills continue to struggle and lose precious revenue.

FasterrWeb optimises assets and creates rules from a powerful computer in the cloud. Website’s load time improves instantaneously.

E-Summit 2022 Poster

IIM Udaipur kicks off Entrepreneurship Summit – 2022 to empower and celebrate Indian Unicorns

January 20th, 2022; Udaipur: Saksham, the Entrepreneurship Cell of Indian Institute of Management Udaipur, is organizing its third and largest E-Summit 2022 with the theme ‘Zilch to Zillion: Celebrating a Decade of Unicorns’ on 23rd January 2022 in a virtual format. The aim of the summit is to honour the efforts and celebrate the accomplishments of all rising entrepreneurs.

The E-summit will provide a forum to brainstorm and discuss innovation and ingenuity demonstrated by Indian entrepreneurs that have helped India’s unicorns (companies with a valuation of more than $1B) gain a combined market cap of $240 billion. Even as India is rapidly enhancing its start-up ecosystem, it still needs to climb 67 positions to top the Global Entrepreneurship Index, an indicator of the overall entrepreneurial potential of a nation.

Prof. Janat Shah, Director, IIM Udaipur said, “Management schools in India are emerging as the breeding grounds for start-ups, especially Unicorns, by creating an enabling environment in curricula and bringing together key enablers of the ecosystem.”
“Entrepreneurship is one of the core values of IIM Udaipur, and the institute is committed to nurturing future leaders and entrepreneurs who will power their organizations, create innovations in products and services in the emerging economies,” he added.

Mr. Yashish Dahiya (Co-Founder and CEO, Policy Bazaar) and Mr. Arjun Mohan (CEO, upGrad) will throw light on how to shape the entrepreneurship landscape and leapfrog to the top league, as the keynote speakers. Other eminent speakers at the E-Summit ’22 are Mr. Prashant Pitti (Co-founder, EaseMyTrip), Mr. Ishan Bansal (Co-founder, Groww) and Mr. Amit Kumar Agrawal (Founder, NoBroker), who will all be covering their experiences and learnings from building scaled companies in India. Representatives from top-tier venture capital firms like Accel, Chiratae Ventures, Tanglin Venture Partners and Times Internet will also be a part of the summit as speakers and panellists.

The event is supported by a network of corporates, incubators, media partners, including Secure Meters, TiE Udaipur and Rajasthan Venture Capital Fund. Top upcoming D2C (direct-to-consumer) startups like Ugaoo, InACan and Bombay Shaving company are also partnering with the E-Summit ’22 as “Gifting Partner”, “Experience Partner” and “Grooming Partner” respectively.

In the past decade, India has transformed its start-up ecosystem into becoming the third-largest in the world. In 2021, India added 46 Unicorns, doubling the number to over 90. In 2022, It is estimated that over 50 more unicorns will be added to the Indian start-up ecosystem.

IIM Udaipur Incubation Centre Launches First-Ever Startup Cohort Towards Climate Change; Invites Eligible Startups

IIM Udaipur Incubation Centre

January 18th, 2022; Udaipur: The Indian Institute of Management Udaipur announced Climate Change Innovation Grant for eligible startups in association with Meity Startup Hub, Meity, Gov. of India, and corporate partner Transworld Group. The grant focuses on supporting early-stage climate tech ventures whose products or services are explicitly focused on reducing GHG emissions or addressing the impacts of global warming.

The participating startups will receive the opportunity to brainstorm and validate solutions with corporate partner Transworld Group, get tailored training and support, learn and share in a community of like-minded founders in a collaborative environment, incubation, and co-working space at IIM Udaipur Incubation Centre, and also an opportunity to pitch for follow-on funding under other programs of the incubation centre.

Mr. Kannan Soundararajan, CEO, Incubation Centre, IIM Udaipur said, We want to provide you and your startup with state-of-the-art mentoring and online training, as well as access to financial support and networking opportunities. The bottom line is a success, both for you and your start-up and for the environment with tangible climate solutions.”

“We are looking for people who are motivated and passionate about fighting climate change. If you have an innovative idea, this is your chance to put it to fruition. If you’re an existing start-up and in need of financial aid and/or guidance on growing your business, this is the programme for you. INR 4 Lakhs will be offered for Prototype validation and development grant to up to 2 Entrepreneurs-in-Residence and INR 7 Lakhs will be bestowed for Product development and pilot run to up to 2 startups, further added.

The cohort is designed to focus on key areas namely, Clean Energy, Mobility and Transport, Agriculture & Food Systems, Ports & Shipping, Green Buildings & Cities and Circular Economy. Each focus area will target the ill-effects of the above challenges and will deep-dive into solutions and innovations aimed at these challenges.

 Eligibility

  • Startups with a minimum of two members or two people focused on a new technology or service with high potential for commercial viability and climate impact.
  • Your solution can address any of the problem statements mentioned for this Climate Change Innovation grant.
  • The core value proposition can be based on digital as well as non-digital solutions.
  • Your solution is at either of these stages: proof of concept/prototype development/a tested prototype/MVP created, and a roadmap designed.
  • Your ultimate solution, once developed, has the potential to be quickly commercialized and scaled.
  • Preference would be given to innovative ideas for which patent has already been filed or can be filed in the future.

Important Dates

  • Application Starts – January 10th, 2022
  • Last date of application – February 10th, 2022
  • Application Evaluation – February 14th– 25th, 2022
  • Startup Idea Presentation – March 1st, 2022
  • Announcement of Selected Start-up Ideas – March 7th, 2022
  • Start-up Incubation and Onboarding – March 10th, 2022