Weschool students carving niche for themselves in Start-up world

Mumbai, June 24, 2022: Students of S.P. Mandali’s Prin. L.N. Welingkar Institute of Management Development and Research (WeSchool) participated in a start-up investor meet organized by The Lets Rise Up Foundation and MetKonnect. The event was organized by the Foundation in association with MetKonnect for start-ups and social entrepreneurs in order to connect, strategize and improve the businesses and society overall. It had a “5 minutes to 5 Lacs” program where individuals had to present exemplary pitches within 5 minutes. Three students from Weschool participated, out of which Prince Chaudhury won the MetKonnect (Emerging global Maharashtra) Start-up funding event. He presented a pitch for his start-up idea named as Kisan App. The Kisan app will connect the farmers with service providers to help them in the entire farming lifecycle from harvesting to planting to baling. It will help the farmers to get access to affordable cutting-edge technology at their doorsteps and therefore make the entire farming process easier and convenient.
 
Ruchit Makhwana, who is a Research and Business Analytics student in WeSchool pitched his start-up, Torque Robotics which got him a work order from Bombay Industries Association President. Torque Robotics offers robotic for all age groups - workshops, structured courses, along with selling robotic kits to students. They have conducted 20 workshops till date, trained more than 250+ students, and gained a profit of 32%. Shraddha Shinde, a WeSchool Alumna is in talks with the investors for receiving funding for her start-up. The MetKonnect event helped in developing an engaging atmosphere between investors, start-ups and the prominent individuals present.
 
Today, technology is impacting nearly every sector of our economy, affecting a wide range of occupations across healthcare, finance, agriculture, transportation, energy, manufacturing, etc. Hence, it is time B-schools encourage their students to be innovators. These innovations have holistically transformed the society and contributing to tremendous prosperity. Hence it has become crucial for authorities and institutes to instil such practices in the future workforce. It is imperative that even the education institutes focus on improving the structure of the curriculum and synchronise with the needs of present day.
 
Commenting on the occasion, Dr. Uday Salunkhe, Group Director, WeSchool said that, “Weschool has always been at the forefront of innovation and we motivate our students to always think beyond what meets the eye. Our RedX lab is an Innovation Lab specifically designed to roll out new and innovative commercial and citizen-based technologies and create a framework that supports wide-ranging needs of urban populations and corporations. We strive to go beyond known boundaries and disciplines of technology innovation for social impact. We are very proud of our students for the recognition they received at the MetKonnect event. We have always focused on shaping management professionals who can bring about positive transformation at their workplace and the society at large”
 
Weschool also came up with the ‘The Global Citizen Leader program’, which is a project based course on leadership and innovation. It requires all students to apply future tech in their solutions to company sponsored innovation challenges. This is done via AI and Chat based self-assessment tool, thereby helping in the assessment of each student individually on a set of competencies. These efforts are a testimony to Weschool’s efforts to produce Global Citizens who will make their mark in the future.