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Startup Fair 2011 !! at IMT Ghaziabad

by IMT Ghaziabad on Wednesday 2 November 2011, 12:41 PM | Category: Press Releases| View: 861 views

 On 15th October 2011, E-Cell, IMT-Ghaziabad organized its annual flagship event –“Start-Up Fair”-with the utmost zeal and enthusiasm. The Entrepreneurship Cell has always endeavored to foster the spirit of entrepreneurship amongst the students. Start-Up Fair is one of such platforms for interaction amongst the future entrepreneurs, start-ups and venture capitalists across the country.

The event was inaugurated with the lighting of the lamp by Dr. Bibek Banerjee, the Director of IMT-Ghaziabad along with the Chief Guest of the day, Mr. Hitesh Oberoi, COO & co-founder of This was followed by a keynote address by Mr. Hitesh Oberoi who spoke at length about how was started and the problems he faced as an entrepreneur. He elaborately answered questions posed by several entrepreneurs, advising them on the problems they faced in their own ventures. Mr. Hitesh Oberoi stressed the need of such platforms and applauded the efforts of E-Cell.

After the “Networking tea”, the start-ups were invited to take part in the “Elevator-pitch session”. Within a set time limit each start-up presented their idea and business models in front of the Banks and the Venture-Capitalists, who gave them feedback on their ideas.

After a sumptuous lunch, the event gained momentum with the VC talk. The Venture capitalists present included the likes of Indian Angel Network, Canaan Partners, Springboard Ventures, Mobisolv and Times Internet Limited. The VC's gave valuable advice on the issues related to the need of funds and also took questions asked by the start-ups. This was followed by the much awaited panel discussion on a very contemporary topic-“Social Entrepreneurship”. This discussion saw participation by Mr. Anshu Gupta, founder, Goonj and Mr. Piyush Tiwari, founder, Save Life Foundation. During the discussion they mesmerized the audience with the efforts done by these foundations to improve the conditions of rural India as well to save the victims of roadside accidents.

Next in line was a talk by Ms. Rashmi Bansal, author of bestsellers including “Stay Hungry, Stay Foolish”, entrepreneur and a well-known orator. Ms. Bansal enthralled the audience with her wit and charm. She talked in length about the need to follow your heart and passion and to gain wisdom from every experience you have. The event saw the presence of students from top B-schools across the country. The start-ups varied from sectors like pharmaceutical, education, IT, sports, rural marketing etc.

Overall, the event was a huge success with start-ups getting networking and funding opportunities and the students a chance of knowing the various issues of being an entrepreneur and the problems they might face on various levels of their entrepreneurial career. It was a job well done by Team E-Cell, IMT-Ghaziabad.


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