A
TALK
ON
ARISE, AWAKE
By:
NAVEEN DUBEY
Dept of Electronics & Communications
Arise! Awake! And stop not
till the goal is reached.
- Swami Vivekananda
Arise, Awake is the story of 10 young
entrepreneurs who started a business
while studying in college or right
after graduation.
Turning their backs on
lucrative placements,
To pursue dreams
of their own
Contents
-Rankers
They Cracked the toughest
entrance exam in the country.
And then took on new challenges
for which there is no
‘coaching classes’
-Rebels With A Cause
These mavericks strayed away
from the beaten path into
weird and wonderful places.
Because …. Who you are is
more than a ‘placement’
-Repeaters
The dudes who
tried- and failed –but had the will
to try again. Because nothing that
Is worth anything comes easily.
And….
“Giving up is not an option”
1.
Life is a beach
Practo -Technologies
(A software used by 10,000
doctors. A company of
300 employees and
revenues close to ₹ 20
crore) Abhinav Lal & Shashank ND
NIT Surathkal
The Storyline
NIT Suratkal –
The only college in India with its
own private beach.
They joined college in 2005,
when nobody heard of the
term ‘Entrepreneurship”.
NIT was one of the first colleges
in India to start an E-Cell
Just after 4th year they organized
conference for doctors,
struggled for seeking
investors.
Morpheus* venture provided
inputs on sales and
marketing, finally they
clinched deal with Sequoia**.
“The venture, started in 4th year
of college, has blossomed and
grown into practo
*India’s first startup accelerator, **early investor both in apple and google
The Business Idea
“a software for
doctors”
Turning Points
“I saw a poster in my drom for
‘Eforea’ and it seemed like
very new and exciting thing”
Prof Turner’s message “ You can
invent, you can lead, put in
the hard work and you can
make anything happen”
One doctor –Dr Mohhamad Ali –
came back and said, “ I like
your idea- when can you
meet me”
Year 2008 and the buzz around
the internet was facebook
and small startup flipkart and
there was a sense “Ki kuch ho
raha hai”
2009Launch of practo2.0, a
tough decision job or practo
March 2011 we had 4-digit
number in bank and they at
sequoia said , we will give
you 8-digit figure.
Chindi phase ended, visible
fallout was better salary,
better food
Take Away
Play for love, play for money,
play to win! The ball is right
there in front of you.
It is really important to stick to
your vision , the vision should
not be, “ I want a 100 crore
company but “I am going to
solve this problem”
-- Abhinav lal
Things will not come easy to you.
Work really hard, build a
great product and sell, sell,
sell!
In India you have to give 75% of
your time to sales, sales
means face-to-face business
meetings.
Stay grounded, stay focused,
automatically, success will
come to you.
-Shashank N D
2.
You can do magic
Magicrete
(A fresh graduate and a fresh
CA decided to shake up an
age-old industry. Today,
Magicrete is a ₹150 crore
company which is changing
the face of construction )
Puneet Mittal (CA)
Saurabh Bansal
IIT- Kgp
Sidharth Bansal
IIT-D, IIM-Lko
The Storyline
Saurabh Cracked IIT-JEE and
joined IIT-Kgp.
RK HALL – Room No D-206
Graffiti “5000 crore”
One day he noticed a customer
Siporex placed very large 50-
100 tons order in his father’s
quicklime factory.
He visited Siporex for the sake of
curiosity and discovered they
were manufacturing ACC
blocks.
ACC blocks 10X size of normal
brick but 70% lighter, they
were not used widely because
2X cost.
Started his venture Magicrete
with investment of some
family friends and bank loan.
And the trio (Saurabh, Puneet,
Siddharth ) redefined an old
age industry.
The Business Idea:
ACC Block Production
at low cost
Turning Points
In room D-206 RK Hall, the
topic of discussion was ‘What
do you want to do in your
life?’, Koi kuch kah raha tha,
koi kuch aur, suddenly a
young man stood up and
wrote a number on the wall-
‘5000 crore’
I thought that when there are
listed companies in steel and
cements, why not in bricks?
The Siporex was using a diesel
boiler, where coal boiler are
60-70% cheaper and there
were many areas we can
bring cost down.
Saurabh started approaching
angel investors and angle
came in form of uncle Rajesh
Poddar and he agreed to
invest 10 crore in return 70%
equity stake.
Once a deal was struck CA
Puneet mittal came into the
picture.
I remember how it felt to get that
first loan – Ki yaar bank ne
10 crore loan pass kar diya
based on our own credentials.
Take Away
Dream big and work hard and
put in all efforts, keep on
innovating and striving
towards your goal. Take the
plunge early. Age of 20-30
are the most dynamic years.
-Saurabh
Kuchh bhi start karne se pahle
uska ek road map hona
chahiye, at least 2-3 sal apko
bahut clearity honi chahiye
ke aage kya karna hai. Jo start
kiya hai, you have to stick for
2-3 years, 5 years and then
go forward and be gutsy!!
- Puneet
Entrepreneurs should always focus on ‘making the
system work’. The indicator of depth in management
is that the business should grow even in their
absence.
- Sidharth
3.
Gift of the Gab
Sacred Moments
(He exited the campus with a
ready –to –launch business.
8 years on, he is the CEO of
a ₹ 4.5 crore company and
has no regrets.)
Praksh Mundhra
SCMHRD, Pune
The Storyline
Prakash appeared in CAT
examination but got
eliminated from IIMs.
SCMHRD- 1st Year ITC “Mera
Gaon Mera Desh” B-Plan.
His idea was in top 3 B-plan in
“Business Bazigar” a Z-TV
show.
He utilized all prize money and
consulted with Pujari(s) and
finally prepared Diwali pooja
kit, that includes all required
items along with a pujan
vidhi booklet.
The brand name was “Subh
Labh”
He sold more than 10000 pooja
kits during Diwali season,
including some good clients
like “TOI, Ambuja Cements,
etc”
The Business Idea:
Pooja Kit
packaging and
delivery (E-Com)
Turning Points
The year he joined MBA, there
was news of Vardan Kabra
from IIMA refusing
placement to start a school.
So the trend of
entrepreneurship had begun.
Agarbatti was the only product
which I could easily
understand.
I could see that my generation is
inclined towards puja, but
they want it to be a hassle-
free experience.
When one of the my exam at
SCMHRD was clashing with a
B-Plan contest, I ditched the
exam.
A Punjabi family, gave puja kit to
all their baratis as a gift.
By March’2014 Sacred Moments
had clocked a turnover of ₹
4.5 crore
Take Away
You don’t have to hide behind a
tree like Ekalavya to observe
Guru Dronacharya. Choose
your own gurus, follow their
words, their deeds and their
feats.
Believe in power of marketing-
use the internet, social media
marketing and
telecommunication to your
advantage.
Non-IIM students needs to have
strong belief that, it is your
learning during the course
which matters and not the
IIM tag. When it comes to
being an entrepreneur.
-- Parkash
4.
Two Idiots
Bewakoof Brands
(The young entrepreneurs sell
funky clothing and
accessories online – with
order crossing ₹1 crore per
month. 1.4 million followers
of the Bewakoof brand on
Facebook)
Prabhkiran Singh, IIT-B
Siddharth Munot, IIT-B
The Storyline
A Punjabi boy from Ludhiyana
wanted to do something big.
IIT-B 3rd Year :
.
At the same time one of his
regular customer Sidhdharth
was experimenting with a
website “bewkoof.com”.
To promote this website they
used to wear self designed
bewkoof T-shirt.
Folks loved the T-shirt and
wanted to know “where can
we buy it ?” and they got the
business idea.
They started T-shirt business and
got 200-300 order from
hostel itself.
“Ghanta Engineering” design of
T-shirt introduced in mood
indigo festival at IIT-B.
Khadke Glassi:
Flavored Lassi Shop
The Business Idea:
Funky clothing and
accessories (E-Com)
Turning Points
“I was scared and hesitant but
people responded very well.”
Singh saab realised there was a
bright side to the story,
Mumbai ja kar bachcha
bhatak bhi sakta tha, chalo at
least he is doing something,
kuchh to seekhega”
Folks loved the Bewkoof T-shirt
and wanted to buy, “then we
thought this is a good idea-
chalo yahi karte hai”
IIT se pass hone ke baad suru me
to khane ka paisa bhi, it was
like kabhi idhar se udhaar,
kabhi udhar se udhaar.
Being from a Gujarati business
class our senior could see ki
isame kuchh dam hai. This
idea is working.
After we got a couple of warning
from FB we made “no
politics”, “no religion” rule.
Take Away
On thing is that mehnat to karna
padega. Hard work karte
raho persistently. Just keep
doing, keep doing and keep
motivating yourself.
-- Siddharth
When you start early, you do not
have contacts, you don’t have
money- it’s tough! At every
point of time, you will have to
prove yourself. But the plus
point is that you have more
liberty and you can
experiment more.
- Parbhkiran
5.
Locha-E-Business
Ho Gaya
Innovese Technologies
(Two friends came up with a
cool idea. Innovese was a
shining star in the startup
sky, until interpersonal issue
tore the company apart)
Ankit Gupta & Dhruv Sogani
BITS Pilani
The Storyline
Ankit Gupta was born and
brought up in Jaipur, he was
very fascinated by the idea to
starting something of his
own.
Neeraj left the company and
finally in 2013 they concluded
deal with Gruner+jahr
*Facebook changed policy and reset user at zero, slambook ended with its natural death
slambook* venture
with a friend Neeraj
and Dhruv
winter 2010 college
result portal for mid
sem examination,
started experiment
with Captcha
The Business Idea:
Advertising using
Captcha : YoCaptcha
(Advertising
Industry)
Turning Points
I nagged my parents until they
gave in. I think, it is one of
the best decision I took in my
life .
I was confused and on the verge
of taking chemical. But
friends like Dhruv convince
me to go far the 5-year
integrated course.
It was only when I asked to
extend a deadline due to
exams, he asked, “Oh, you are
all students ?”
We had very interesting
discussion where we basically
said- let’s try to and break
captcha.
First of all, We realised we are in
advertising industry, So we
have to understand how this
works ?.
The first big website to sign was
ibibo.com, Zapak, Way2SMS,
TOI.
Neerj left the company via SMS
and we thought G+R will do
justice with innovese and
now we are working for G+R
Take Away
I would advise college startups to
sign a ‘co-founder’
agreement. This would be
very helpful in case one of
the founders decides to
suddenly opt out of the
company because of family
pressure or lure of placement.
-- Ankit
College time is the best to
experiment with your life.
-Neeraj
It’s easy to create an app and
start feeling ‘I have made it’
you are up in the air, great!
But at some point you have
to become grounded and
practical.. You have to built
suitable business.
--Dhruv
6.
Awara Paagal Deewana
Inopen Technologies
(Some one who considered himself
as a failure at age 17 , became a
self –taught programmer,
marketer and ‘people person’, his
company , now teaches computer
science to over 5 Lakh
schoolchildren)
Rupesh Shah (IET-Alwar)
The Storyline
Rupesh shah was one such
student- he not only failed to
enter IIT, he failed in 12th
board exam. He failed to
enter in engineering college
on merit and the he went on
failing in 1st year university
exam.
Failiure bhi usse tang aakar boli-
“Jao, koi aur girlfriend
dhoondo!”
“Pyaar Kiya to darna kya, fail
huye to marna Kya”
IIT-B internship
INTUX-OS
Downloaded by
100K users
The Business Idea:
Teaching Computer
Science in form of
converstaion of cartoon
characters
(e-education)
Turning Points
Linux is a great platform but to
geeky for layman. I felt there
was a need for hybrid OS and
at that moment, “I made up
my mind- I have to be at IIT-
Bombay.
“I bugged Professor Phatak to the
extent that he gave up and
allowed me 3 month
internship at IIT-B” , my
project ‘Intux’ was
downloaded by 100,000
users in few month.
Professor Sridhar allowed me to
work from IIT meeting room,
“Kushi thi ke IIT me kam kar
raha hu” but when I tried for
incubation, they asked for
bussiness plan. Mujhe laga
“ye kya hota hai”
Inopen ke achche din aa gaye as
company received a strategic
investment from Japanese
education company.
The unofficial endorsement from
MIT gave him a new
confidence to take bold step
now they are planning
partnership with Khan
Academy
Take Away
When I started college, I didn’t know that a word called startup and
till date I get the spelling of entrepreneurship wrong .
Chahe Kitane bhi mistakes karo , log kuchh bhi bole , just keep doing
it.
-- Rupesh
7.
The Hunger Game
Bhukkad
(A third year student of NLS found
his true calling in life and
started a take away food joint
to cater to the many bhukkads
.)
Aruj Garg (NLS- Bangalore)
The Storyline
NLS is fantastic campus to be in-
Aruj simply loved it. What he
didn’t like, however was ‘law’
itself.
Aruj realised that the thing an
entrepreneur need is a
problem- a ‘pain point’ to
solve. And what bigger pain
point for hostellers than the
food?
The goal is to set up commercial
kitchen and have Bukkhad
outlet all over Bangalore
The Business Idea:
Door-to-Door food
delivery by assembling
precooked, refrigerated
food items .
(Food Chain)
Turning Points
Nobody is happy with the mess
ka khana. “So, I thought, why
not we start a small food joint
on campus? A couple of my
friends also said it was good
idea, let’s do it together.
We wanted to be an assembly
unit, like subway. They were
my big inspiration.
Eventually, I decided that I had
the momentum so it was
logical and sensible for me to
continue.
Dominos stands for Pizza,
McDonalds for burgers- we
had a little bit of everything.
like the sound of Bhukkad and
the name has definitely been
lucky for me! But, yes, we
need to work on branding.
Take Away
Just be at it. Keep doing things. Even though they won’t
make sense at that point. There is a larger jigsaw which is being
solved in this process.
If you are still unsure, try working with startups in your
vacations. That’s one sure way of knowing if you are a cut out for
an entrepreneur’s life.
-- Aruj
8.
Feel like Home
Ganpati Facilities
(A MBA student who faced
accommodation issue when he
joined college in Pune. He seized
opportunity and started hostel
business in 2nd year for new
batch and made ₹25 lakh in
profit 5 times the salary he could
have got through placement)
Anurag Arora
ICFAI Business School, Pune
The Storyline
When Anurag Arora got an
admit letter from ICFAI, he
was on the top of the world.
There was just one problem-
the college did not have
hostel.
He joined a private hostel but the
condition was very bad, even
he left the room on 3rd day
and lost 46,000 non
refundable fees.
All of sudden Anurag was hit by
a big and bold idea.
Being a student he had the idea
about students needs .
A small idea made big impact
and Ganpati Facilities came
into existence .
The Business Idea:
Providing home like facility
in hostel .
(Service Sector)
Turning Points
That’s the age when people fall
in love and I was in a
relationship… we broke up
on the verge of 12th board
and it affected me very
badly.
I earned more than 30 lakh and
blew it all up on clothes,
movies, eating out. So when
someone used to meet my dad
and ask, ‘what your son is
doing ?, he used to feel
ashamed.” .
At this point I decided to go back
to studies
I thought if there is no hostel
provider, why don’t I set one
up?
Mai khud ek student hoon,
mujhe ek achchhe flat me
rahne ka sauk hai to bakiyo
ko bhi hoga.
Last time, I paid 3 lakh to
brokers to get flats. This time,
I approached Kumar Builders
and they put me in touch
with owners.
My students are my “brand
ambassadors”
Take Away
You have to think of creative ways and means to fund your ideas.
Think of doing something with a good heart and an intention to help
people and success will come to you along the way.
--Anurag Arora
9.
To Catch A Thief
Fraudexpress
(A girl who believed in herself and
in her ability to clean up the
world- one fraud at a time, at
age of 24, she has launched a
university recognized course in
field of fraud risk management)
Apurva Joshi (CA final Student)
The Storyline
A small town girl came to Pune,
looking for a break with CA
firm. She got break with
Indiaforensic,- a small
startup.
The young trainee soon found
herself conducting ‘fraud-
risk-assessment’ and studying
company balance sheet for
‘early warning sign of fraud’
Some thought it was risky and
advised her to stick to
taxation and audit. “Kyu aise
Jhamele me Padne ka?”
During her article ship, Apurva
entered the unusual domain
of forensic accounting.
fraud risk management.
… And FraudExpress is running
on right track.
The Business Idea:
Providing course
material and assessment
in fraud risk
management and a firm
of forensic accounting.
(Education and
forensics)
Turning Points
Mayur Said, “Articleship me
normally bachche income-
tax return bharna seekhate
hai, auditing seekhate hai –
would you like to learn
something different”.
The man said, “TVs are stacked
on the top, how will you open
these boxes” , “Mai chad gayi
ssedi par aur upar ke maaley
par baith gayee.
She open first box: empty, secon
box: empty and so on…
It was difficult tool but maine
seekh liya. I was told ki you
are the first lady to master
this tool in the country.
I further convinced by
mentioning that Solapur
University would be the first
to launch such a course in
country.
We proposed to create a
database of politically
exposed parties .. Key
politicians ke kitane paise
ghoom rahe hai aur kaha
lage huye hai.
Take Away
Don’t run behind degrees. If you clear you CA in first attempt after
doing a ‘dummy’ articleship’ what is its market value ? Zero. So go
after practical knowledge. That is far more important.
Aur thoda daring dikhana padta hai. Be daring, be bold! Do not be
afraid of anyone or anything!!
-- Apurva
10.
Holy Rava Masala
Dosamatic
(Two young lads set out to create
an dosamatic dosa machine. 3
year later, they have succeeded
in producing the world’s first
tabletop ‘dosa printer’ and
secured order from more than
100 restaurant owners.)
Eshwar Vikas & Sudeep Sabat
(SRM Engg. College, Chennai)
The Storyline
There was one dude in SRM
Engg. College Ehswar Vikas
who was different from
others. Rushing after classes
to catch a train to his place of
work which came without a
salary, without any job value.
One day he got an idea of
making automatic Dosa
machine from a restaurant in
Karol Bag Delhi
.
The boys scarifies their sleep,
social life, even summer
vacations .
Went into the gallis and bazaars
of Chennai to earn real life
education in mechanics.
3 year later, they have succeeded
in producing the world’s first
table top Dosa printer.
The Business Idea:
Production and sale of
Table to Dosha printer.
(Machine Design , R& D)
Turning Points
Eshwar did not hesitate to go up
to the speaker and says, “ Sir,
I want to become an
entrepreneur- can you help
me?”
I was not getting paid, not even
for my transport but I was
learning so much.
Milan--Pre-book your vada pav
and jaljeera- get 20% flat off!
No condition applied.
Eshwar went to Raja Ganesh and
said “ I want to work for you”
In Karol bag Delhi cost of Masala
Dosa was Rupees 130. It was
a rude shock. Why was South
Indian food so expensive?
Cost goes up because cook
charges 20000-30000 per
month. Could there be a
machine for it ! Let’s try it
80% of the shopowners won’t
even talk to you, they will say,
tell me which part 562B or C
“I solved the problem” He
declared.
“We made plain dosa, butter
dosa and masala dosa.. We
got funding.
Take Away
An idea is not enough, you need
to develop a prototype. Then
go out and test it in the real
world. Not just in college,
where everyone knows you.
- Sudeep
Don’t think you are doing
college project. It has to be
commercial, somebody must
be willing to pay for your
product.
-- Eshwar
“Rise and rise again until lambs become lions”
- Robin Hood
Rashmi bansal : Arise , Awake

Rashmi bansal : Arise , Awake

  • 1.
    A TALK ON ARISE, AWAKE By: NAVEEN DUBEY Deptof Electronics & Communications
  • 2.
    Arise! Awake! Andstop not till the goal is reached. - Swami Vivekananda
  • 4.
    Arise, Awake isthe story of 10 young entrepreneurs who started a business while studying in college or right after graduation. Turning their backs on lucrative placements, To pursue dreams of their own
  • 5.
    Contents -Rankers They Cracked thetoughest entrance exam in the country. And then took on new challenges for which there is no ‘coaching classes’ -Rebels With A Cause These mavericks strayed away from the beaten path into weird and wonderful places. Because …. Who you are is more than a ‘placement’ -Repeaters The dudes who tried- and failed –but had the will to try again. Because nothing that Is worth anything comes easily. And…. “Giving up is not an option”
  • 6.
    1. Life is abeach Practo -Technologies (A software used by 10,000 doctors. A company of 300 employees and revenues close to ₹ 20 crore) Abhinav Lal & Shashank ND NIT Surathkal
  • 7.
    The Storyline NIT Suratkal– The only college in India with its own private beach. They joined college in 2005, when nobody heard of the term ‘Entrepreneurship”. NIT was one of the first colleges in India to start an E-Cell Just after 4th year they organized conference for doctors, struggled for seeking investors. Morpheus* venture provided inputs on sales and marketing, finally they clinched deal with Sequoia**. “The venture, started in 4th year of college, has blossomed and grown into practo *India’s first startup accelerator, **early investor both in apple and google The Business Idea “a software for doctors”
  • 8.
    Turning Points “I sawa poster in my drom for ‘Eforea’ and it seemed like very new and exciting thing” Prof Turner’s message “ You can invent, you can lead, put in the hard work and you can make anything happen” One doctor –Dr Mohhamad Ali – came back and said, “ I like your idea- when can you meet me” Year 2008 and the buzz around the internet was facebook and small startup flipkart and there was a sense “Ki kuch ho raha hai” 2009Launch of practo2.0, a tough decision job or practo March 2011 we had 4-digit number in bank and they at sequoia said , we will give you 8-digit figure. Chindi phase ended, visible fallout was better salary, better food
  • 9.
    Take Away Play forlove, play for money, play to win! The ball is right there in front of you. It is really important to stick to your vision , the vision should not be, “ I want a 100 crore company but “I am going to solve this problem” -- Abhinav lal Things will not come easy to you. Work really hard, build a great product and sell, sell, sell! In India you have to give 75% of your time to sales, sales means face-to-face business meetings. Stay grounded, stay focused, automatically, success will come to you. -Shashank N D
  • 10.
    2. You can domagic Magicrete (A fresh graduate and a fresh CA decided to shake up an age-old industry. Today, Magicrete is a ₹150 crore company which is changing the face of construction ) Puneet Mittal (CA) Saurabh Bansal IIT- Kgp Sidharth Bansal IIT-D, IIM-Lko
  • 11.
    The Storyline Saurabh CrackedIIT-JEE and joined IIT-Kgp. RK HALL – Room No D-206 Graffiti “5000 crore” One day he noticed a customer Siporex placed very large 50- 100 tons order in his father’s quicklime factory. He visited Siporex for the sake of curiosity and discovered they were manufacturing ACC blocks. ACC blocks 10X size of normal brick but 70% lighter, they were not used widely because 2X cost. Started his venture Magicrete with investment of some family friends and bank loan. And the trio (Saurabh, Puneet, Siddharth ) redefined an old age industry. The Business Idea: ACC Block Production at low cost
  • 12.
    Turning Points In roomD-206 RK Hall, the topic of discussion was ‘What do you want to do in your life?’, Koi kuch kah raha tha, koi kuch aur, suddenly a young man stood up and wrote a number on the wall- ‘5000 crore’ I thought that when there are listed companies in steel and cements, why not in bricks? The Siporex was using a diesel boiler, where coal boiler are 60-70% cheaper and there were many areas we can bring cost down. Saurabh started approaching angel investors and angle came in form of uncle Rajesh Poddar and he agreed to invest 10 crore in return 70% equity stake. Once a deal was struck CA Puneet mittal came into the picture. I remember how it felt to get that first loan – Ki yaar bank ne 10 crore loan pass kar diya based on our own credentials.
  • 13.
    Take Away Dream bigand work hard and put in all efforts, keep on innovating and striving towards your goal. Take the plunge early. Age of 20-30 are the most dynamic years. -Saurabh Kuchh bhi start karne se pahle uska ek road map hona chahiye, at least 2-3 sal apko bahut clearity honi chahiye ke aage kya karna hai. Jo start kiya hai, you have to stick for 2-3 years, 5 years and then go forward and be gutsy!! - Puneet Entrepreneurs should always focus on ‘making the system work’. The indicator of depth in management is that the business should grow even in their absence. - Sidharth
  • 14.
    3. Gift of theGab Sacred Moments (He exited the campus with a ready –to –launch business. 8 years on, he is the CEO of a ₹ 4.5 crore company and has no regrets.) Praksh Mundhra SCMHRD, Pune
  • 15.
    The Storyline Prakash appearedin CAT examination but got eliminated from IIMs. SCMHRD- 1st Year ITC “Mera Gaon Mera Desh” B-Plan. His idea was in top 3 B-plan in “Business Bazigar” a Z-TV show. He utilized all prize money and consulted with Pujari(s) and finally prepared Diwali pooja kit, that includes all required items along with a pujan vidhi booklet. The brand name was “Subh Labh” He sold more than 10000 pooja kits during Diwali season, including some good clients like “TOI, Ambuja Cements, etc” The Business Idea: Pooja Kit packaging and delivery (E-Com)
  • 16.
    Turning Points The yearhe joined MBA, there was news of Vardan Kabra from IIMA refusing placement to start a school. So the trend of entrepreneurship had begun. Agarbatti was the only product which I could easily understand. I could see that my generation is inclined towards puja, but they want it to be a hassle- free experience. When one of the my exam at SCMHRD was clashing with a B-Plan contest, I ditched the exam. A Punjabi family, gave puja kit to all their baratis as a gift. By March’2014 Sacred Moments had clocked a turnover of ₹ 4.5 crore
  • 17.
    Take Away You don’thave to hide behind a tree like Ekalavya to observe Guru Dronacharya. Choose your own gurus, follow their words, their deeds and their feats. Believe in power of marketing- use the internet, social media marketing and telecommunication to your advantage. Non-IIM students needs to have strong belief that, it is your learning during the course which matters and not the IIM tag. When it comes to being an entrepreneur. -- Parkash
  • 18.
    4. Two Idiots Bewakoof Brands (Theyoung entrepreneurs sell funky clothing and accessories online – with order crossing ₹1 crore per month. 1.4 million followers of the Bewakoof brand on Facebook) Prabhkiran Singh, IIT-B Siddharth Munot, IIT-B
  • 19.
    The Storyline A Punjabiboy from Ludhiyana wanted to do something big. IIT-B 3rd Year : . At the same time one of his regular customer Sidhdharth was experimenting with a website “bewkoof.com”. To promote this website they used to wear self designed bewkoof T-shirt. Folks loved the T-shirt and wanted to know “where can we buy it ?” and they got the business idea. They started T-shirt business and got 200-300 order from hostel itself. “Ghanta Engineering” design of T-shirt introduced in mood indigo festival at IIT-B. Khadke Glassi: Flavored Lassi Shop The Business Idea: Funky clothing and accessories (E-Com)
  • 20.
    Turning Points “I wasscared and hesitant but people responded very well.” Singh saab realised there was a bright side to the story, Mumbai ja kar bachcha bhatak bhi sakta tha, chalo at least he is doing something, kuchh to seekhega” Folks loved the Bewkoof T-shirt and wanted to buy, “then we thought this is a good idea- chalo yahi karte hai” IIT se pass hone ke baad suru me to khane ka paisa bhi, it was like kabhi idhar se udhaar, kabhi udhar se udhaar. Being from a Gujarati business class our senior could see ki isame kuchh dam hai. This idea is working. After we got a couple of warning from FB we made “no politics”, “no religion” rule.
  • 21.
    Take Away On thingis that mehnat to karna padega. Hard work karte raho persistently. Just keep doing, keep doing and keep motivating yourself. -- Siddharth When you start early, you do not have contacts, you don’t have money- it’s tough! At every point of time, you will have to prove yourself. But the plus point is that you have more liberty and you can experiment more. - Parbhkiran
  • 22.
    5. Locha-E-Business Ho Gaya Innovese Technologies (Twofriends came up with a cool idea. Innovese was a shining star in the startup sky, until interpersonal issue tore the company apart) Ankit Gupta & Dhruv Sogani BITS Pilani
  • 23.
    The Storyline Ankit Guptawas born and brought up in Jaipur, he was very fascinated by the idea to starting something of his own. Neeraj left the company and finally in 2013 they concluded deal with Gruner+jahr *Facebook changed policy and reset user at zero, slambook ended with its natural death slambook* venture with a friend Neeraj and Dhruv winter 2010 college result portal for mid sem examination, started experiment with Captcha The Business Idea: Advertising using Captcha : YoCaptcha (Advertising Industry)
  • 24.
    Turning Points I naggedmy parents until they gave in. I think, it is one of the best decision I took in my life . I was confused and on the verge of taking chemical. But friends like Dhruv convince me to go far the 5-year integrated course. It was only when I asked to extend a deadline due to exams, he asked, “Oh, you are all students ?” We had very interesting discussion where we basically said- let’s try to and break captcha. First of all, We realised we are in advertising industry, So we have to understand how this works ?. The first big website to sign was ibibo.com, Zapak, Way2SMS, TOI. Neerj left the company via SMS and we thought G+R will do justice with innovese and now we are working for G+R
  • 25.
    Take Away I wouldadvise college startups to sign a ‘co-founder’ agreement. This would be very helpful in case one of the founders decides to suddenly opt out of the company because of family pressure or lure of placement. -- Ankit College time is the best to experiment with your life. -Neeraj It’s easy to create an app and start feeling ‘I have made it’ you are up in the air, great! But at some point you have to become grounded and practical.. You have to built suitable business. --Dhruv
  • 26.
    6. Awara Paagal Deewana InopenTechnologies (Some one who considered himself as a failure at age 17 , became a self –taught programmer, marketer and ‘people person’, his company , now teaches computer science to over 5 Lakh schoolchildren) Rupesh Shah (IET-Alwar)
  • 27.
    The Storyline Rupesh shahwas one such student- he not only failed to enter IIT, he failed in 12th board exam. He failed to enter in engineering college on merit and the he went on failing in 1st year university exam. Failiure bhi usse tang aakar boli- “Jao, koi aur girlfriend dhoondo!” “Pyaar Kiya to darna kya, fail huye to marna Kya” IIT-B internship INTUX-OS Downloaded by 100K users The Business Idea: Teaching Computer Science in form of converstaion of cartoon characters (e-education)
  • 28.
    Turning Points Linux isa great platform but to geeky for layman. I felt there was a need for hybrid OS and at that moment, “I made up my mind- I have to be at IIT- Bombay. “I bugged Professor Phatak to the extent that he gave up and allowed me 3 month internship at IIT-B” , my project ‘Intux’ was downloaded by 100,000 users in few month. Professor Sridhar allowed me to work from IIT meeting room, “Kushi thi ke IIT me kam kar raha hu” but when I tried for incubation, they asked for bussiness plan. Mujhe laga “ye kya hota hai” Inopen ke achche din aa gaye as company received a strategic investment from Japanese education company. The unofficial endorsement from MIT gave him a new confidence to take bold step now they are planning partnership with Khan Academy
  • 29.
    Take Away When Istarted college, I didn’t know that a word called startup and till date I get the spelling of entrepreneurship wrong . Chahe Kitane bhi mistakes karo , log kuchh bhi bole , just keep doing it. -- Rupesh
  • 30.
    7. The Hunger Game Bhukkad (Athird year student of NLS found his true calling in life and started a take away food joint to cater to the many bhukkads .) Aruj Garg (NLS- Bangalore)
  • 31.
    The Storyline NLS isfantastic campus to be in- Aruj simply loved it. What he didn’t like, however was ‘law’ itself. Aruj realised that the thing an entrepreneur need is a problem- a ‘pain point’ to solve. And what bigger pain point for hostellers than the food? The goal is to set up commercial kitchen and have Bukkhad outlet all over Bangalore The Business Idea: Door-to-Door food delivery by assembling precooked, refrigerated food items . (Food Chain)
  • 32.
    Turning Points Nobody ishappy with the mess ka khana. “So, I thought, why not we start a small food joint on campus? A couple of my friends also said it was good idea, let’s do it together. We wanted to be an assembly unit, like subway. They were my big inspiration. Eventually, I decided that I had the momentum so it was logical and sensible for me to continue. Dominos stands for Pizza, McDonalds for burgers- we had a little bit of everything. like the sound of Bhukkad and the name has definitely been lucky for me! But, yes, we need to work on branding.
  • 33.
    Take Away Just beat it. Keep doing things. Even though they won’t make sense at that point. There is a larger jigsaw which is being solved in this process. If you are still unsure, try working with startups in your vacations. That’s one sure way of knowing if you are a cut out for an entrepreneur’s life. -- Aruj
  • 34.
    8. Feel like Home GanpatiFacilities (A MBA student who faced accommodation issue when he joined college in Pune. He seized opportunity and started hostel business in 2nd year for new batch and made ₹25 lakh in profit 5 times the salary he could have got through placement) Anurag Arora ICFAI Business School, Pune
  • 35.
    The Storyline When AnuragArora got an admit letter from ICFAI, he was on the top of the world. There was just one problem- the college did not have hostel. He joined a private hostel but the condition was very bad, even he left the room on 3rd day and lost 46,000 non refundable fees. All of sudden Anurag was hit by a big and bold idea. Being a student he had the idea about students needs . A small idea made big impact and Ganpati Facilities came into existence . The Business Idea: Providing home like facility in hostel . (Service Sector)
  • 36.
    Turning Points That’s theage when people fall in love and I was in a relationship… we broke up on the verge of 12th board and it affected me very badly. I earned more than 30 lakh and blew it all up on clothes, movies, eating out. So when someone used to meet my dad and ask, ‘what your son is doing ?, he used to feel ashamed.” . At this point I decided to go back to studies I thought if there is no hostel provider, why don’t I set one up? Mai khud ek student hoon, mujhe ek achchhe flat me rahne ka sauk hai to bakiyo ko bhi hoga. Last time, I paid 3 lakh to brokers to get flats. This time, I approached Kumar Builders and they put me in touch with owners. My students are my “brand ambassadors”
  • 37.
    Take Away You haveto think of creative ways and means to fund your ideas. Think of doing something with a good heart and an intention to help people and success will come to you along the way. --Anurag Arora
  • 38.
    9. To Catch AThief Fraudexpress (A girl who believed in herself and in her ability to clean up the world- one fraud at a time, at age of 24, she has launched a university recognized course in field of fraud risk management) Apurva Joshi (CA final Student)
  • 39.
    The Storyline A smalltown girl came to Pune, looking for a break with CA firm. She got break with Indiaforensic,- a small startup. The young trainee soon found herself conducting ‘fraud- risk-assessment’ and studying company balance sheet for ‘early warning sign of fraud’ Some thought it was risky and advised her to stick to taxation and audit. “Kyu aise Jhamele me Padne ka?” During her article ship, Apurva entered the unusual domain of forensic accounting. fraud risk management. … And FraudExpress is running on right track. The Business Idea: Providing course material and assessment in fraud risk management and a firm of forensic accounting. (Education and forensics)
  • 40.
    Turning Points Mayur Said,“Articleship me normally bachche income- tax return bharna seekhate hai, auditing seekhate hai – would you like to learn something different”. The man said, “TVs are stacked on the top, how will you open these boxes” , “Mai chad gayi ssedi par aur upar ke maaley par baith gayee. She open first box: empty, secon box: empty and so on… It was difficult tool but maine seekh liya. I was told ki you are the first lady to master this tool in the country. I further convinced by mentioning that Solapur University would be the first to launch such a course in country. We proposed to create a database of politically exposed parties .. Key politicians ke kitane paise ghoom rahe hai aur kaha lage huye hai.
  • 41.
    Take Away Don’t runbehind degrees. If you clear you CA in first attempt after doing a ‘dummy’ articleship’ what is its market value ? Zero. So go after practical knowledge. That is far more important. Aur thoda daring dikhana padta hai. Be daring, be bold! Do not be afraid of anyone or anything!! -- Apurva
  • 42.
    10. Holy Rava Masala Dosamatic (Twoyoung lads set out to create an dosamatic dosa machine. 3 year later, they have succeeded in producing the world’s first tabletop ‘dosa printer’ and secured order from more than 100 restaurant owners.) Eshwar Vikas & Sudeep Sabat (SRM Engg. College, Chennai)
  • 43.
    The Storyline There wasone dude in SRM Engg. College Ehswar Vikas who was different from others. Rushing after classes to catch a train to his place of work which came without a salary, without any job value. One day he got an idea of making automatic Dosa machine from a restaurant in Karol Bag Delhi . The boys scarifies their sleep, social life, even summer vacations . Went into the gallis and bazaars of Chennai to earn real life education in mechanics. 3 year later, they have succeeded in producing the world’s first table top Dosa printer. The Business Idea: Production and sale of Table to Dosha printer. (Machine Design , R& D)
  • 44.
    Turning Points Eshwar didnot hesitate to go up to the speaker and says, “ Sir, I want to become an entrepreneur- can you help me?” I was not getting paid, not even for my transport but I was learning so much. Milan--Pre-book your vada pav and jaljeera- get 20% flat off! No condition applied. Eshwar went to Raja Ganesh and said “ I want to work for you” In Karol bag Delhi cost of Masala Dosa was Rupees 130. It was a rude shock. Why was South Indian food so expensive? Cost goes up because cook charges 20000-30000 per month. Could there be a machine for it ! Let’s try it 80% of the shopowners won’t even talk to you, they will say, tell me which part 562B or C “I solved the problem” He declared. “We made plain dosa, butter dosa and masala dosa.. We got funding.
  • 45.
    Take Away An ideais not enough, you need to develop a prototype. Then go out and test it in the real world. Not just in college, where everyone knows you. - Sudeep Don’t think you are doing college project. It has to be commercial, somebody must be willing to pay for your product. -- Eshwar
  • 46.
    “Rise and riseagain until lambs become lions” - Robin Hood