GL Bajaj Institute of Management & Research, Greater Noida organized “Startup Summit” on “Business Ecosystems, Collaboration and Co-creation” on Saturday, October 19, 2019 in PGDM Auditorium, GLBIMR, Greater Noida campus.
The event started with lighting of ceremonial lamp and invocation of Goddess Saraswati. In the welcome address, Mr. Pankaj Agarwal, Vice Chairman, GL Bajaj Educational Institutions stressed upon the need of entrepreneurship for the growth of the nation. The inaugural address was delivered by Dr. Ajay Kumar, Director, GLBIMR in which he stressed upon the importance of startups, various stages in the startup and how the innovative ideas can result in a successful business opportunity. In the address by Chief Guest Dr. DK Aggarwal, Chairman & Managing Director SMC Investments & Advisors Ltd. & President, PHDCCI discussed about the strong macroeconomic indicators and business ecosystems in India.
The first phase of panel discussion was on the theme “Dimensions of Business Ecosystem in India” led by Mr. Raminderr Pal Singh Bakshi, Founder, The Art Culinaire, The Baking Lab & Samossay and Mr. Khalid Isar, Founder & CEO iTech Ecommerce LLP, Global Business Partner, Alibaba.com. The experts shared their own journey as well as guided the aspiring entrepreneurs for their own ventures. The participants asked their queries related to the challenges in the startup launch as well as sustainability of the business plans.
The second phase of panel discussion was on the theme “Collaboration & Competition in Business Ecosystem” led by Mr. Anil Kumar Gupta, Startup Mentor, Ideapreneur Growth, Ms. Neha Bahl, Media & Brand Communication Expert, Founder, Qube Communication, Mr. Pramod K Singh, Co-founder & Director, Board of Governors, AICAPD, Mr. Vinayak Kumar Lal, Senior General Manager, DS Group and Mr. Vinay Ahuja, MD & CEO PaisaArrangers.com. The experts stressed upon the need of collaboration for expansion and business process optimisation. The startups generally start very small and they grow exponentially. The entrepreneurs may not be ready for so many tasks with ample resources, hence the collaborations are needed for success.
The third phase of panel discussion was on the theme “Build & Manage a Co-creation Ecosystem” led by Mr. Govind Singh, Founder, Unnat Kisan, Ms. Khyati Minglani, Founder, Trailblazer PR and Ms. Sneha Saikia, Freelance Chef & Entrepreneur. The experts shared their own startup journey starting with the ideation, various challenges they faced and how they were able to succeed in the competitive environment. The experts also discussed about the co-creation ecosystems, which give opportunity to startups to complement their efforts with others.
The summit had enthusiastic audience comprising of students and faculty members of other universities and institutions. The attendees were benefited with the knowledge and experience shared by the distinguished guests.