A National-Level Business Competition Concludes at Shiv Nadar University, Delhi NCR

Press Release

• 16-10-2023

Delhi NCR, 16 October 2023 – Shiv Nadar University, India’s youngest Institution of Eminence (IoE), successfully concluded the third edition of InQube, a national-level business competition organized by its School of Management and Entrepreneurship. The team from Shiv Nadar University, Delhi-NCR emerged as the winner in the multifaceted competition, followed by the team from LNM Institute of Information Technology, Jaipur as the runner-up. The theme of the three-day event (October 13 to 15, 2023) was ‘Sustainability & Innovation’ and the winners won cash prizes of up to INR 5 lakhs. The event was graced by Mr. Srikant Sastri, Co-Founder & Board Member, Crayon Data and Chairman, 13g Advisory Network as the esteemed Chief Guest and Mr. Narayanan Ramaswamy, Partner & National Lead, Education & Skill Development Sector, KPMG India as the special guest at InQube 2023.

In a multifaceted competition designed to discover, challenge, unite, and reward India's undergraduate young minds, InQube 2023 witnessed the enthusiastic engagement of more than 7,500 students hailing from an impressive array of over 360 renowned institutions spanning more than 225 cities across the country. Some of the participating institutions were IIT Bombay; IIT Madras; NIT Jalandhar; IIT Patna, Christ University, Bengaluru; Punjab Engineering College, Chandigarh, and numerous others. 

Dr. Bibek Banerjee, Dean of the School of Management and Entrepreneurship (SME), Shiv Nadar University, and the creator of InQube, stated, “Entrepreneurship is a central goal of the School of Management & Entrepreneurship, Shiv Nadar University and with InQube, we wanted to seed this spirit in the ecosystem. This year’s edition of InQube has once again proven that our young minds are the driving force behind innovation and sustainable business practices.”

Mr. Narayanan Ramaswamy, Partner & National Lead, Education & Skill Development Sector, KPMG India said, “InQube 2023 has provided a platform for the young, innovative minds to showcase their prowess in sustainable business practices and innovation. It is impressive to witness the dedication and intelligence of all the participants in driving positive change. KPMG India is happy to be a part of the event and appreciate the efforts taken by Shiv Nadar University’s School of Management & Entrepreneurship (SME) in bringing this unique platform alive.’’

The winners, Namit Arjaria and Parth Jhunjhunwala from Shiv Nadar University, Delhi-NCR shared their thoughts, saying, “We were thrilled to have been part of the InQube competition. We personally experienced new ways in which academia and industry collaborate to innovate and co-create at the School of Management & Entrepreneurship at Shiv Nadar University. We wholeheartedly encourage others to seize the opportunity and participate in this remarkable experience that InQube has offered us.”

The grand finale round was anchored by renowned quiz master, Venkatesh Srinivasan, CEO and Co-Founder at Nexus Consulting India. A total of six teams made it to the grand finale which encompassed 40 questions and 6 competitive rounds. Teams included two participants each from BITS Pilani, Hyderabad; IIT Patna; The LNM Institute of Information Technology, Jaipur; Shiv Nadar University, Delhi-NCR; Shaheed Sukhdev College of Business Studies, New Delhi respectively. With a diverse range of challenges, participants were challenged to think critically, develop strategic plans, and present their ideas in a competitive environment.

InQube is a platform that fosters collaboration, networking, and mentorship opportunities, not only within the academic community but also with industry leaders. With its emphasis on the triple bottom line – people, planet, and profit – InQube 2023 was not just a competition but a journey towards a greener and more prosperous future, emphasizing the importance of responsible business practices and innovation.

About Shiv Nadar University:

Shiv Nadar Institution of Eminence, is a student-centric, multidisciplinary and research university offering a wide range of academic programs at the Undergraduate, Graduate, and Doctoral levels. The Institution was set up in 2011 by the Shiv Nadar Foundation, a philanthropic foundation established by Mr. Shiv Nadar, founder of HCL. The Institute is on the quest to become a globally acclaimed center for learning and innovation in the fields of Engineering, Natural Sciences, Humanities & Social Sciences, and Management. The core of the Institute consists of a select, world-class faculty with doctoral and postdoctoral experiences from ranked universities worldwide.

 In the NIRF (Government's National Institutional Ranking Framework), Shiv Nadar IoE has been the youngest institution in the 'top 100' Overall list. In NIRF-2022, it ranked 62 in the 'University' category. Shiv Nadar IoE has been accredited with Grade 'A' by NAAC (National Assessment and Accreditation Council), valid for a period of five years from 5th June 2023. It is also among a select group of green-field institutions in the country that were awarded the prestigious Atal Incubation Center grant by the NITI Aayog, Government of India, in the very first round in 2017.

About Shiv Nadar Foundation:

 Established in 1994, by Shiv Nadar, Founder, HCL – a US$12.9 billion leading global technology enterprise, the Foundation is committed to the creation of a more equitable, merit-based society by empowering individuals through transformational education, and to bridge the socio-economic divide. Over the last 29 years the Foundation has directly touched the lives of over 36,000 alumni and students through its marquee institutions in literacy, K12 and higher education. Today, the Foundation has a community of over 100,000 constituents, which includes not only globally dispersed alumni and students but also faculty members, corporate executives, and extended families.

The Foundation has invested over US$1.2 billion in its seven landmark institutions and initiatives across education and art. Currently close to 15,000 students and over 2,200 faculty are part of the Foundation along with more than 24,000 strong globally dispersed alumni community.

The Foundation’s students have gone to study at some of the best institutions globally including the Ivy League in the US and top universities in other countries including Australia, Singapore, China and UK. Students are also working in major corporations, including Goldman Sachs, Honda, HP, Schindler, and several others both in India and across other geographies. Faculty across the Foundation institutions are drawn from the best Indian and international universities, with a strong focus on research and innovation. 

The Shiv Nadar Foundation pursues the philosophy of 'Creative Philanthropy'. It is a powerful model which envisages creation of institutions that are built to last and continue to impact future generations. It is an approach that allows sustained institutionalized philanthropy for long-term, high impact, socio-economic transformation.

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