JK Lakshmipat University Unveils Rajasthan's First Internal Crowdfunding Platform at its Startup Summit

• Startup Pioneers Share Insights on Investment, Team Building, and Market Navigation

• 30+ Startup Founders and Aspirants Pitch Products and Services to Investors

• CHROs from Diverse Sectors, Shark Tank India-funded and Google-awarded Startups, and Soonicorns Participate.

• 10 Management Student Startups Securing Seed Funding

JK Lakshmipat University (JKLU), a pioneering establishment in multidisciplinary greater training, efficiently concluded its inaugural Startup Summit on February twenty eighth, 2024. The occasion, held in collaboration with the Atal Incubation Centre (AIC-JKLU) and the National Human Resource Development Network (NHRDN), marked a major milestone in Rajasthans entrepreneurial panorama.

Startup Summit 2024 – Reverse Pitch

Themed “The Resilient Startup Ecosystem in India: Unlocking the True Potential,” the summit attracted main CHROs from various sectors, together with representatives from Shark Tank India-funded and Google-awarded startups, and Soonicorns. The occasion witnessed the introduction of Rajasthans pioneering on the spot inner crowd-funding initiative, enabling startups to pitch on to buyers on the spot. Complementing this modern strategy, a vibrant Startup Expo was additionally curated, that includes over 30 forward-thinking startups and passionate fanatics showcasing their various vary of services and products.

Speaking on the event, Prof. Dheeraj Sanghi, Vice-Chancellor of JK Lakshmipat University, prolonged his gratitude to {industry} stalwarts, thought leaders, and startup founders for his or her energetic participation and presence. “At JKLU, we’re keenly conscious of the crucial to foster innovation and entrepreneurship amongst our college students, equipping them for the ever-evolving challenges and alternatives of as we speak’s world. This summit offers a useful platform for college kids to soak up and implement greatest practices from distinguished consultants within the discipline,” he famous.

Mr. Prem Singh, President of Group HR at JK Organization and President of NHRDN, mentioned, “In todays dynamic enterprise panorama fostering an entrepreneurial mindset is important for driving innovation and financial progress. Events like this summit function catalysts for significant discussions, fostering curiosity and collaboration amongst college students and seasoned {industry} professionals alike.”

Ms. Nidhi Kacchawa, CEO of AIC-JKLU, expressed satisfaction within the establishments dedication to mentoring and nurturing the aspirations of budding startup fanatics. “At AIC-JKLU, we take nice satisfaction in serving as mentors to aspiring startup fanatics and in nurturing their desires,” she remarked.

Keynote audio system, together with Mr. Prajakt Raut of Caret Capital, Mr. Aquil Busrai from Aquil Busrai Consulting, and Dr. Munish Jindal of Hover Robotics, delivered impactful classes on profitable entrepreneurial traits. Mr. Raut burdened ardour, risk-taking, and efficient communication, whereas Mr. Busrai emphasised an entrepreneurial mindset and action-oriented strategy. Dr. Jindal shared his journey from a humble funding of Rs. 35,000 to constructing a multimillion-dollar enterprise, inspiring the viewers along with his insights.

Startup Summit 2024 – Attending Dignitaries

During the Reverse Pitch session, esteemed {industry} HR leaders Mr. Dharam Rakshit, Ms. Seema Bangia, Mr. Mussarat Hussain, and Mr. Agniwesh Thakur explored the innovation ecosystem and the importance of fostering an entrepreneurial mindset. They supplied useful insights into thought technology, risk-taking, and efficient problem-solving methods. In the next Panel Discussion, that includes Mr. Amit Singal, Ms. Shipra Bhutani, and Mr. A. Balasubramaniam, the main focus shifted to the various roles of HR inside startups and the important thing attributes defining profitable entrepreneurs. Shipra emphasised the essential elements of expertise acquisition, coaching, and improvement, whereas Amit burdened the significance of market evaluation and group constructing for sustainable progress.

A Fireside Chat that includes Mr Manu Sharma, Co-founder of the Shark Tank-funded startup Gladful and Ms Ankur Lohani Kumar, Co-founder, Find Your Fit, a Google and SheTheIndividuals awarded startup was additionally organized. The dialogue delved into their startup journeys, preliminary funding pitch experiences, navigating totally different investor sorts, deciding on co-founders, and important dos and donts within the startup realm.

The Startup Summit’s CrowdVenture additionally showcased the entrepreneurial prowess of 10 BBA Entrepreneurship college students from JKLU, who introduced their startup pitches. Esteemed buyers and particular friends, together with Abhishek Gupta, Raghav Sharma, Shilpi Dua, Puneet Datta, and Amit Singal, evaluated the potential of those ventures. The startups coated a various vary of industries, from cafe providers (Wor-k-lock) to occasion decor (Decorent), 3D-printed gaming equipment (Majestic Gaming), gardening providers (The Maali Project), candle making (Gleam), fragrance manufacturing (Aromoze), upcycled clothes (Modeva), natural cigarettes (Herbal Kaash), efficiency monitoring for bowlers (Track It), and drugs buy for visually impaired (RX NTC). All student-led startups secured seed funding, marking a promising begin to their entrepreneurial journey.

About JK Lakshmipat University
Established in 2011 by J.Okay. Organisation (JKO), JK Lakshmipat University (JKLU) is a pioneering establishment dedicated to bridging the industry-academia hole, carrying ahead JKOs illustrious 125-year legacy of nation-building. With cutting-edge packages in engineering, administration, and design, JKLU affords experiential studying alternatives and boasts the best faculty-student ratio within the area, accredited by NAAC. Through strategic partnerships, hands-on initiatives, and immersive internships, JKLU equips college students with sensible abilities and real-world insights. With a dedication to nurturing desires, JKLU affords personalised steerage and inclusive academic alternatives, guaranteeing that each college students aspirations are fulfilled.

For further particulars, go to www.jklu.edu.in.

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