Presenting the top 11 finalists of the Indian School of Business' (ISB) 5th iDiya Challenge
The Indian School of Business (ISB) has announced the top 11 finalists, of one of India’s biggest social venture competitions, the 5th iDiya Challenge. They include Skilled Samaritan, Bodhi Health, ReMaterials, Ripples, Parinathi, Tinker Tank, Site4NGO, Voice4Girls, Kaarmic, Dharthi and MagicPathshala.
These teams would be invited to the one-week, all expense paid, iDiya-Bootcamp at ISB Hyderabad Campus from Nov 25, 2013 to Nov 30, 2013 where they will attend interactive workshops and speaker sessions from industry-wide experts to guide them towards better management of their entrepreneurial venture. In addition, the top 45 teams would also receive detailed feedback, on how they can improve the feasibility and financial sustainability of their social venture ideas.
“This year’s entries have been highly competitive and saw a very close competition at every level of scoring. After hours of deliberation and debate, the judges have decided to invite 11 (instead of 10) teams to the Bootcamp,” says Sravanth Gajula, the Lead Coordinator of iDiya.
Incepted In 2009, iDiya is a student- driven initiative that aims to stimulate, enable and develop high-impact, self- sustaining social businesses in India. iDiya provides innovative ideas with an opportunity to receive mentorship support and access to incubation from a diverse set of partners associated with ISB. Some of the partners include Acumen Fund, Intellecap, Unitus Capital, Grey Matters Capital, Mumbai Angels, India Quotient, Seedfund, Canaan Partners, Dasra, Unltd India, GVFL, Venture East, Bharti Foundation, Edelgive Foundation and Caspian Advisors.
Previous year winners speak:
“We started learning how to frame and build a proper business plan during iDiya,” says Sanju Kumar recalling 2012 iDiya-Bootcamp experience. His enterprise Kisan School, a farm knowledge management venture, enables farmers share knowledge, new inventions & resources using internet, mobile & communication technology. The project incubated by NABARD and is all set to be rolled out.
“ISB has made me proud“, remarked T.J. David, another iDiya past winner and the man behind a low cost solar powered crop harvester and Lockheed award winner whose innovation has been tested and validated by ICRISAT and ANGRAU, Hyderabad. Other past participants of iDiya include social fund-raising platform, Milaap that has recently raised $ 1.1 Million in funding from Jungle Ventures. and Source Pilani, a village-based BPO.
Visit the iDiya page at https://www.facebook.com/ISBiDiya for daily updates, past winner interviews and more.