The Indian market is currently home to many startups that have become global entities. The trend which was there in the western culture was quickly adapted by many Indian entrepreneurs.
Many corporate employees have quit their regular jobs in order to establish their dream startup in the past decade itself. Many of these startups have now entered the unicorn club successfully.
Graduating from one of the leading management schools does ad on to the possibility of students getting groomed to try something out of the box. There are many companies that were established by leading B-School pass-outs.
While there are many institutes that have contributed to the launch of startups in the Indian market, BITS Pilani seems to be a common denominator when it comes to successful startups.
Highlighting the institute’s contribution, ETPrime of Economic Times on Education has recently published an article ‘An Entrepreneur Factory in Desert: how BITS Pilani is churning out startup founders “.
The article gives great mention to BITSAA-CEL (Center for Entrepreneurial Leadership) which is greatly responsible for nurturing future entrepreneurs of the country.
Alumni of BITS Pilani are responsible for establishing around 792 companies, out of which 5 have successfully entered the unicorn club.
BITSAA-CEL was established with a vision to produce successful entrepreneurs within BITSian alumni and fuel startup creation in BITS campuses.
The program has certain strategic goals to ensure that the students get desired success. As per the institute’s website, the following goals are achieved to ensure effective learning. BITSAA-CEL,
- Forms a close-knit community of BITSians interested/experienced in entrepreneurship and new venture creation, for mutual exchange of information and support.
- Creates and compiles resources for aspiring entrepreneurs in the BITSAA community.
- Builds and supports high-quality ecosystems in the BITS campuses to support startups.
- Encourages BITSian students to intern at early-stage startups while studying and get first-hand exposure to startups in India
The article published by ET talks in great detail about the BITS Pilani Alumni and their efforts to establish some of the most popular startups in the country.
The article mentions, Phanindra Sama (redBus), Shivakumar (Shivku) Ganesan (Exotel), Sanjay Nath (Blume), Yamini Bhat (Vymo), Rahul Chandra (Helion Ventures), Aditya Kulkarni (Stoa School), and Samay Kohli (GreyOrange).