In the midst of scenic beauty lies the sprawling 200 acre campus of Indian Institute of Management Kashipur. One among the premier institutes of IIM, a moniker synonymous with high stakes success, wondrous legacy and world class, cutting edge management education. IIM Kashipur plays host to some of the leading corporate firms offering incredible profiles and incredible pay packages. However, each year since its inception a group (or sometimes multiple groups) opt out of the placement process. These people join the industry though, not as job seekers and doers but rather job givers.
The strong culture of entrepreneurship is such that the institute has had at least one startup from each batch. Most are seed funded and others are run by private equity. With 21 startups and offices in major cities across the country, the strong alumni entrepreneurship network and support from the institute, has fostered and nurtured a culture of producing the next business leaders (in the truest sense of the term).
Upon entering the campus one will see this culture at display as the students can be seen working round the clock while alongside enjoying the pleasures of the day and the scenic bliss that the surroundings have to offer. But IIM’s being as intensive as they are, isn’t it difficult running a company alongside pursuing your degree? No says Aman Anand, Batch of 2016-2018, whose startup is InvitesU is the latest entrant among the slew of successful ventures that the campus has seen.
“What you are taught here and especially the way you are taught here directly adds to your venture and moreover you can directly approach faculty belonging to your start up domain who have a hands on approach to providing you expert advice” adds Anand.
This is not all with an elite faculty panel and the kind of research output that the institute has, the influence on students that the kind of minds that are teaching them have is immense.
The following are a description of some of the startups at IIM Kashipur
|EveryBill||2015||A billing platform for both consumers and merchants|
|MoSwap||2014||Trading, Supplying and Wholeselling of used electronic good|
|Zippy Edible Products||2013||FMCG|
|Satvik Life Sciiences||2015||Aryurvedic products|
|PingHut||2015||E Commerce based Lodging rent out platform|
|Purple Patch||2014||Consumer Goods engineering and Information Technology driven solutions.|
|Ikigai Learning Pvt. Ltd||2014||Education Training|
|Aditya Sai Industries||2013||Manufacturing (E Rickshaws)|
|CraftKhana||2016||E commerce selling Indian crafts|
|InvitesU||2016||Online wedding planning and invitation platform|
Joining the E-commerce startup race
The above are only half of the startups that the institute boasts of. The current trend of startups are such that E-commerce usually is the way to go for most looking to venture out on their own. However, as we see the range of industries from FMCG, Manufacturing to Fintech, we can suggest that the ethos in IIM Kashipur that drives the entrepreneurial culture is different altogether.
There is a strong sense of attachment to society too. As Anubhav Mukherjee, batch of 2015-2017, director of CraftKhana, an ecommerce craft selling platform,which has been making waves across the nation with multiple B-Plan competition wins and a handsome turnover, states “We started craftkhana seeing the state of craftsmen in India. The fact that they had a sizeable market and no means to tap into it gave us a need gap that we eventually turned into this venture” Mukherjee further adds, “There is something about IIM Kashipur that is very conducive for starting up. Whether its faculty support or the kind of strong alumni entrepreneurship network that we have. The latter has turned into an inimitable strength”. Anubhav and his three partners all belong to the Batch of 2015-2017 and have already found office space for their thriving venture in Delhi once they pass out.
IIM Kashipur aided by all these factors is moving from strength to strength as they continuously rise up the charts of the best B Schools of the country. It’s a wonderful exercise to interact with the student body here as they display the powerful tenets on which the IIM’s are built – perseverance, intellect and bravado- with an extra edge.