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VENTURE CLINCHER

Venture Clincher

An I3 Business Simulation Exercise traversing Ideation, Incubation and Implementation

29th August, 2017 at LIBA, Chennai

PRESS NOTE

On 29th August 2017 LIBA organised its novel and most recent initiative VENTURE CLINCHER. It’s a meet up where practising Start-ups, Entrepreneurs, Academicians and Venture capitalists interacted with eight groups of student aspirants about their dream projects. The expert panel comprised Messiers Viswanathan, Ramaseshan, Muthu Ganesh, Irudayaraj, Kern L. Agarwal and Prof. A. Xavier Raj.  The themes of the new ventures: Canine Care,                          Cocoda – The Natural Soda, Farm Fam, Fusion Food Lab, Sweetbox, Smart Power Case, Green Kart, Live Laces. The draft of the presentations were sent in time to the experts and their critical and searching questions, guidance, support, mentoring and handholding helped their entrepreneurial dreams gain a shape.

Venture Clincher is the brainchild of Fr. Francis Peter, Professor of Managerial Communication conceived as a practicum of the Managerial Communication done in collaboration with CKP Centre for Emerging India. This interdisciplinary simulation exercise, we hope would provide the freshers a near-natural context to hone their classroom learnings about strategic presentation, a bottom of the totem pole experience to learn what the business world is like for the first time, and instil a drive to succeed.

The take home for the participants

  • Gaining clarity and acquiring a shape to their initial concepts
  • Learn the practical issues associated with running a business
  • Confident facing of a panel, presenting and defending your ideas

Key Participants from LIBA: Fr. P. Christie SJ, Director; Fr. Francis Peter SJ, Professor, XLRI and Dr. A. Xavier Raj, Chairperson, C.K. Prahalad Centre for Emerging India.

The Panelists included:

Mr. Vish A. Viswanathan, CEO of UBICS Inc., and an active charter member of The Indus Entrepreneurs (TiE). Vish is an angel investor/mentor with The Chennai Angels. He is also a member of the Advisory board in several start-up companies in US and India and actively mentors young entrepreneurs to help them grow and succeed with their startups.

Mr. Ramaseshan is the CEO and Director of BHI Capital Advisors Private Limited, Chennai, an outfit of Berggruen Holdings (USA). He has 25 years of experience in Finance and Treasury. He is also the Financial Advisor for various Fund Managers and Foreign Investors like Berggruen Holdings (USA), IREO etc.

Mr. Muthu Ganesh is associated with DOW Chemical Company, Chennai in a senior position. He was associated with top consulting companies Viz. McDermott, Petrofac, Foster Wheeler for more than a decade now. He is in Oil, Gas and Petrochemical industries.

Mr. Irudayaraj is the Senior Manager – IT at ‘Aban Offshore Ltd’ and takes care of overall IT initiative. He has 29 years of experience in IT functional area to enable the computerization for the company.

Mr. Kern Luke Agarwal is a consultant with Naandi Foundation for a Solid waste management project at Mahindra World City, Chennai. Kern is also the Director of Carbon Loops, a waste management startup company. He is involved in organic farming and curating technology for rural areas.

Dr. A. Xavier Raj, Professor of Entrepreneurship Management at LIBA, is the Chairperson of C.K. Prahalad Centre for Emerging India and heads the Inclusive Innovation Impact Centre (L3iC). As an Intrapreneur, he has established two specialist divisions in Multinational Global Market Research firms to provide research and consultancy services to development organizations, the UN and the governments.

The Themes of the New Ventures:

E-COMMERCE AGGREGATORS:

  1. Sweet Box

Presented by: Mr. Rachamadugu Sai Ramkrishna

  1. Farm Fam

Presented by:

Ms. Anisha N
Mr. Sandeep S
Ms. Palak Daga
Ms. Jasmine Sangeetha Jarald

  1. Bhukkad

Presented by:

Mr. Ashish Taneja
Mr. Joyas Macwan
Mr. Sayan Mukherjee

  1. Green Kart

Presented by:

Mr. Ram Swaroop Raj D
Ms. Arul Mozhi.T

MOBILE & LIFESTYLE: 

  1. Live Laces

Presented by:

Ms. Maraline Fernandes
Ms. Lakshmi Priya R
Mr. Ruphus Joel R
Mr. Ajit Raj S
Mr. Hari Prasad A

  1. Smart Power Case

Presented by: Mr. Rathinavel Ramamoorthy

RESTAURANT:

  1. Friends Restaurant

Presented by:

Mr. Deepak Raj
Mr. Raghavendhar V
Mr. Dilip Kumar
Mr. Jawahar Yuvaraj
Mr. Kaushik Rao
Ms. T. Abinaya

 

  1. Fusion Food Lab

Presented by:

Mr. Thomas George
Mr. Vincent Rahul Gomes
Mr. Ajay S
Ms. Roseann Michelle D’Souza
Ms. Elizabeth Philip
Ms. Colleen Martins
Mr. Aravind Raj S

BEVERAGES:

  1. Cocoda

Presented by:

Mr. Deepak Raikwal
Mr. Saura Singha
Mr. Rajesh Sinha
Mr. Rohit Tiwari
Mr. Zenith Das

 

PET CARE:  

  1. Canine Care

Presented by:

Ms. Ritika Sahay
Mr. Rahul Dixit
Mr. Akshay Pankaj Dhawan
Mr. Pranjal Sah
Mr. Pulkit Goel

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