Meraki 2013

Statistics

  • FIIB hosted the final leg of the 2nd edition of Meraki (pan India B-Plan competition for students) and Entrepreneurship Summit at FIIB on 15th & 16th March 2013.
  • From about 70 high-quality b-plans received from institutions like the IIM’s, IIT’s, University of Delhi, JamnaLal Bajaj, IMI, BITS Pilani, IMT, among others, top 10 teams presented their plans to a panel of investors.
  • After a grilling round of Q&A, all the teams received valuable feedback on how to better their business plans and the commercialization potential. While the top 10 plans ranged from providing innovative products, solutions for Indian farmers/agriculture economy, to innovative apps for mobile, to creative food and retail businesses, 3 teams emerged on top.

Judges

  • Mr. Alok Mittal – Managing Director Canaan India
  • Mr. Amit Khosla – Managing Director, AsiaBridge
  • Mr. Manish Kheterpal – Chairman  FIIB; Ex-Director, Providence Equity, Actis Advisors and Rho Ventures
  • Mr. Maninder Gulati – Senior Associate, Lightspeed Ventures
  • Mr. Vishal Dixit -Director, Zephyr Peacock

Prizes

  • Top 3 teams were felicitated with the fellowship of Rs 1, 50,000, Rs 1, 00,000 and Rs 50,000 respectively for the first, second and third prize respectively

Winners

In the end and after intense debate amongst the judges, following 3 teams were awarded FIIB Meraki Fellowships.

  • Enerture, Great Lakes IEMR (Solving India’s Power Problems Through Commercial Fuel Cell and Hydrogen Products fed by Solar Power)
  • Rainmakers, Jamnalal Bajaj Institute of Management Studies (Financial Solutions For Indian Farmers Through Forward Contracts, Micro-Lending And Crop Insurance)
  • Cloudwhyte, IIT Kharagpur (Innovative Location-Based And Personalized Mobile Apps For Mall Retailers And Shoppers)

Top 10 Teams

Team Name                                                             Team’s Institution

Crossroad Vendors                                                       IMI, New Delhi

Rural Rocks                                                                    IIM , Ranchi

RainMakers                                                                   Jamnalal Bajaj, Mumbai

MyTi                                                                                University of DelhiEnactusHansraj College, DU, New Delhi

Tilzmatic Tech                                                               IMI, New Delhi

Cloudwhyte                                                                     IIT Kharagpur

Enerture                                                                           Great Lakes, Chennai

The Pathfinders                                                            VGSoM IIT KharagpurFarmers FriendGreat Lakes, Chennai