Start-ups by IBS Alumni – Series 2

About the Startup:-

Chinmay Bhatt & Abhinav Midha (Batch 2004-2006).Start-up: Shopholix

Shopholix is an online shopping portal which promises to bring happiness to its customers, as their website says, “Whoever said money can’t buy happiness, didn’t know where to shop from!!” Chinmay and Abhinav consider the 2 years spent at IBS Gurgaon instrumental in embarking on Shopholix. Chinmay is a marketing professional with over 10 years spent across Retail and FMCG industry. He is also the founder of Indiyra, a wellness brand focused on lifestyle products based on yoga and Ayurveda, the products being sold through major e-commerce portals like Jabong, Flipkart and Amazon. Abhinav is Co-Founder & Director of Food Intellect India Pvt Ltd. He was part of the core team to set up the first South East Asian QSR Chain in India under the Brand Name “Bowl House” which is currently successfully operating with 5 outlets across India.

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Darshan Bawa (Batch 2007-2009).Startup: Bodhishishu

Darshan Bawa, , an alumnus from the class of 2009 is a serial entrepreneur with a focus on wellness. She is the Founder of Bodhishishu, which is the children’s meditation wing of Chanshi Meditation Organisation. Her venture is currently being incubated at IIM-Bangalore’s NSRCEL. Bodhishishu offers age appropriate, structured meditation programs, specifically designed for kids in the age group of 4 to 12 years. Bodhishishu compliments conventional schooling by providing Social-Emotional Learning (SEL) for overall development of children. Based on the ‘play and learn’ methodology, their techniques are not only fun and simple, but are also very highly effective.

Significance of an MBA for Budding Professionals

Masters of Business Administration (MBA) is one of the most popular courses that individuals do these days. It is has become one of the favored postgraduate degrees that everyone wants to pursue, even the Engineering graduates. Have you thought about the reasons behind the immense popularity of this particular course? Well, to explore the answers to this question, let us find out the importance of an MBA by discussing the various benefits of this course.

Boosts self-confidence

Doing an MBA surely boosts self-confidence. Even after completing higher education, students still struggle in improving their communication skills, leadership skills, and organizational skills. However, to hire employees in an organization, these skills are much required. Filing in these basic skills can affect the career journey of the candidates. However, when you do an MBA, all of these skills are enhanced. It further helps in grooming you and you will have higher employability skills. Overall, you will feel more confident about yourself.

Domain knowledge

Having domain knowledge is one of the most important things that help in shaping your career. If you do not have domain knowledge, chances are higher that you will fail miserably. When you do an MBA course, you get the chance to choose your preferred specialization and you will be provided with in-depth knowledge about the specialized subject. While doing an MBA, you will come across various types of specializations available from which you can go for your preferred one. The kind of specializations you will get while doing an MBA are Finance, Marketing, Human Resources, Operations, Management, etc.

Self-discipline

While you do your MBA, you have to attend classes and study sessions regularly, complete your assignments on time, and do rigorous and complex coursework. And if you are a working professional, you have to do all these while keeping up your work. To do everything properly and without fail, you need to be extremely self-disciplined.

Time-management skills

While you are doing your MBA and juggling the various responsibilities, along with self-discipline, you also need to have great time-management skills. Even if you are not at it, to begin with, you will develop the skill of meeting steep deadlines.

Broader worldview

As you do your MBA, you get to handle big business problems, and challenges that are part of the real world. Even if you are a student who has completed graduation and directly taken admission in an MBA school, you will be able to see how an organization works.

Widening your network

As you are earning your MBA, you get in touch with faculty and fellow students. The fellow students in your batch can be from your particular industry or other industries. This will not only help you to widen your network but also to know about other industries.

Better job opportunities

The majority of the companies these days prefer candidates with an MBA from a reputed B-school for some of the key positions.In many cases, it has also been seen that many candidates do not get their promotion so easily because they did not have an MBA degree.

Better salary

It is a fact known to all of us that MBA graduates get a salary better than candidates who have not done it. There are some of the departments in any organization where you need candidates with MBA and these are the departments that pay the best salaries in the market.

Better personal finances management

When you do an MBA, you not only get better at your respective job but also managing your finances. Through the coursework, the candidates become good at risk assessing, understand the way interest rates and inflation work. They also understand how to respond to market fluctuations.

These are some of the factors that make an MBA one of the significant courses for budding professionals or someone at the early stage of their career. There are many benefits of getting this degree included in your resume however the management institute that you get your MBA from makes a big difference. The right business school can also connect with you with a stellar alumni network that further opens many doors for you. You can look at some of the best MBA colleges for taking your career to the next level.

Start-ups by IBS Alumni – Series 1

Since its inception in 1995, IBS has been one of the best B-Schools in the country, providing excellent academic delivery and infrastructure to its students. At IBS, we offer innovative and globally accepted programs and great opportunities for all-round development. 100% case-based learning is unique to IBS. IBS transforms its students into leaders of the future.

As a first in a series on IBS Alumni start-ups, we present success stories of some notable entrepreneurs.  

Dr. Bikash Sharma (Batch 1998 – 2000), Start-up: iDeliver Services and IAMA

iDeliver Services, launched in 2005 is an IT and IT Enabled Services organization having to its credit the launch of the first operational international call centers in Puducherry (Pondicherry), Dehradun and Colombo (Sri Lanka). It also serves its clients in North America offering IT and Technical Manpower Solutions. Dr. Sharma serves the organization in the capacity of its CEO. Since his early working days, Dr. Sharma had a keen inclination towards education and wanted to do something which would make education more practical, dynamic, boundary less and affordable for all. His dream became a reality with International Academic and Management Association (IAMA) which was established with his efforts in the year 2013. Today, IAMA under his stewardship, has its footprints in over 43 countries offering its services to nearly 200 educational institutions, benefitting thousands of students globally.

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Shailaja Awasthi (Batch 2006-2008); Startup: Stories Design Studio

Shailaja Awasthi is an alumnus of IBS Bangalore from the class of 2008. She is the founder of Stories Design Studio. She creates spaces that speak about people who live in them and get inspired by them. Her work blends nature, science, art, mythology, and technology. Before turning to entrepreneurship, she worked with some of the world’s leading international and national brand and design powerhouses.