EDC 2014-2015 Annual Report - Final

www.edcviit.com Page 1 of 2

B.R.A.C.T.’s

Vishwakarma Institute Of Information Technology, Pune

Entrepreneurship Development Cell

Annual Report (2014-2015)

http://www.edcviit.com/


Bansilal Ramnath Agarwal Charitable Trust’s

Vishwakarma Institute of Information Technology,

Pune


Entrepreneurs are the key drivers of tomorrow’s innovations and integral to

creating a thriving economy. Entrepreneurs hold a great promise for our future.

They are the innovators that can, and hopefully will lead our world to prosperity

and peace.

India has always been a hard-charging, optimistic place, chockfull of people

who are passionate about ideas that require some suspension of disbelief. In the

last 10 years in particular, the founders are younger; the pace is faster. The current

reigning class is engineers of an age who grew up in a world where a laptop and

Wi-Fi can challenge a government, where the profound and the absurd can coexist

on a computer screen. There is a sense among young entrepreneurs of manifest

intent, of “This is our time.”

And it is this idea that we at Entrepreneurship Development Cell,

Vishwakarma Institute of Information Technology look to promote. This is our time,

and there’s nothing that should hold us back from what we, the future of the

nation, dream to accomplish. Should there be hindrances, we should have the

caliber to work our way past them. And to build this competence, we the members

of EDC, VIIT organised and participated in various activities in the academic year

2014-2015. This is the report of all the activities that were held during this period.

We hope that you, dear reader, get a clear picture and are conversant of all the

activities held this year.

Saurabh Bhanage,

President,

EDC, VIIT.



B.R.A.C.T.’s

Vishwakarma Institute OF Information Technology, Pune


Monthly Report (June 2014)



Investiture ceremony

The Entrepreneurship Development Cell, VIIT held their annual investiture ceremony and

launch of ‘Campus Window’ on Friday 27th June 2014. The event was presided over by Dr.R.S.

Acharya mentor of EDC and Mrs Gokhale, counsellor for EDC. Also present at the event were Mr.

Sakhare, HOD Computer Engineering department and Mr. Khandekar, HOD E&TC Engineering

department.

The event began with the launch of ‘Campus Window’, a website designed by Mr. Ankit

Saraf, senior member of EDC. Everybody knows Mark Zuckerberg, founder of Facebook.

Sitting on the last bench in one of the many halls at Harvard, an idea struck Mark. An idea

which changed the way people use the internet. An idea that millions of people around the world,

from Beverley hills to Bangalore, devote themselves to.

“The project will give a very good platform for the students and the faculty to

put up there thoughts,ideas and study material.”

-Prof. Dr. Sakhare

Ankit Saraf’s ‘Campus Window’ works on a similar idea. He has designed a social

networking site for VIIT, which brings students and teachers on a common platform, and gives

them the space to share ideas, thoughts, and queries. 15 thousand lines of perfect code, and the

end result, a masterpiece which could revolutionize the learning process at VIIT.

This was followed by the investiture ceremony for members of EDC. Newly appointed

office bearers were adorned with sashes by Dr R.S. Acharya, the mentor of EDC VIIT.

Dr R.S. Acharya, has always envisioned that members of the cell should gain confidence

by facing challenges in life. In his speech, he emphasised the importance of discipline and dignity

of the individual and the cell.

Prof. Sakhare inaugurating campuswindow.in New appointed team EDC for the year 2014-15



The new president, Mr. Saurabh Bhanage, in his speech, promised a definite change for a

better tomorrow, which was met by an enthusiastic roar of applause.

Based on their exemplary record over the past few years, Entrepreneurship Development

Cell, VIIT, have a lot in store, and it looks more than likely that they will live up to their high

expectations.

Market Research Competition

The cell held a “Market Research Competition” on Saturday, 28 June 2014. The

competition was conducted and judged by Ankur Bang, SFC Coordinator, senior member of EDC.

The competition was conducted to help participants gather information about market trends and

the rates of engineering stationery. The quotations brought from this competition would help

the E-cell estimate expenses and make purchases for the student facilitation center, which they

would be opening later this month.

The student facilitation center aims at providing important services under one roof to

engineering students. The SFC will be providing essential stationery for first year engineering

students at rates much lower than the famous stationery retailers in Pune. The kit would include

all the instruments required for engineering graphics and other subjects.

The goal of the market research competition was to get the lowest possible price

quotation for the stationery kit. The participants were split into 3 teams and were asked to go to

shops of their choice to get price lists. After a detailed, comprehensive study, the quotations

were sent to the seniors for evaluation. The winners were Hitesh Nikam (SE IT), Deepali

Raiker(SE IT) and Daideepya Sinde(SE CIVIL), who got quotations which levelled prices of

established stationers in the city. Results of the competition were announced at EDC’s first formal

meeting of the academic year 2014-15.

Saurabh Bhanage

President

EDC, VIIT



B.R.A.C.T.’s



Monthly Report (July 2014)





Pune


Case study run

11th July 2014

Excitement. Nervousness. Happiness. Fear. Confidence. All at the same

time! The very first event held by the event management team - the case study run.

The SEs organized an activity for the EDC members for the very first time.

Members were divided into groups of 4. The case study run consisted of two

problem statements. The team to submit the first problem statement was

immediately handed the second statement. So time was one deciding factor. The

problem statement required balance sheet knowledge and a few economics-related

terms. Aditya Javalekar and Ankita Betala organised and hosted the activity.

It was a great experience for all the participants as they were brought into a

whole new domain, stepping out from their core field of education. Since it was

the first activity, scope of errors was vast! Different interpretations of the balance

sheet led to heated discussions over the final tally. The debate over the final tally

went on long after sunset, with everyone willing to come to a conclusion and not

leave the suspense hanging. Hence everyone had a lot to take back from the

activity. It was well planned, well executed and a thorough success.





Pune


Interactive Session On the 14th of July, the Entrepreneurship Development Cell of VIIT conducted an

interactive session for its cell members. The session involved two speakers, Akshay Nahar, co-

founer of True Spider and Adarsh Kedari, founder of punesabji.com. The two speakers are

alumni of our college. The aim of the session was to have a closer idea about the challenges and

problems involved in start ups.

The first part of the session involved Akshay Nahar talking to the cell members about his

start up. After introducing himself to everyone, he went on to talk about his journey from the

time he left college up till now. He shared with us, all the tough times he had in this path, and

then answered the questions raised by the members. He spoke about how to handle a business in

partnership, how to generate funds for basic operations and how to maintain ethical practices.

The second part saw Adarsh Kedari talk about planning. He stressed on the fact that

knowledge in one’s domain was essential. He spoke about his business which involved

perishable goods. He went on to talk about the supply chain and gave an idea of what his future

plans might be. He advised and encouraged everyone to find their spark as early as possible.

Both the speakers mentioned that as one grows, the risk taking capacity reduces, thus it

was advisable to start early. It was a very inspiring session and all the members were uplifted by

the end of it.

Akshay Nahar sharing his knowledge with EDC members Saurabh Bhanage presenting a token of appreciation to Adarsh Kedari





Pune


INDUSTRIAL VISIT 19TH JULY, SATURDAY, 2014.

EDC VIIT visited TouchMagix, an IT company situated on Range Hills

Road, Pune. The company is owned by prodigy and origami expert, Mr. Anup

Tapadia. The company is on the first floor and neighbours another company

SAFEPACKAGE, run by Mr. Rajendra Tapadia, father of Anup Tapadia. The

company currently consists of 35 employees with different teams set aside for

purposes like marketing, support and maintenance, programming, etc.

TouchMagix produces interactive user friendly touch products for

consumers serving multiple purposes.The company is in collaboration with a

company of Netherlands, and has created a software named Snowflake Suite which

enables multi touch and multi user interaction. They use this software in theirrange

of products. They have also created a software named Magix Suite which is an

open source software. With the help of this software, anytouch laptop can be

integrated with touch recognition.

Team EDC at TouchMagix Office



The company also builds their own sensor which can be mounted on any

projector and used to detect movement. It gets eight to ten leads every day from

foreign countries. It provides free installations for various organizations of

different fields in the society. These locations are chosen on the basis of footfall. In

India, this is their only marketing strategy apart from advertisements in social

media.

Motion Sensor Demonstration of the Motion Sensor

TouchMagix produces the following products:-

1) MAGIX FLOOR

This product comprises of an infrared sensor, projector, Motion Magix Ultimate

software, personal computer and speakers. This product creates a user interactive

surface on the floor. It comes in a complete package and the cost is around 5 lacs.

The company customizes it on the basis of user recommendation and needs. The

company had recently created a forty metre long Magix Floor with eight

projectors, for welcoming the king of Jordan.

The company is also planning to integrate the complete package with hardware

facilities. One of the glitches faced by the Magix Floor is its failure of colour

recognition. For example, a person wearing white pants may find the interaction

with floor slow or may not find it at all.



Demonstration of Magix Floor

2) MAGIX WALL

This product is similar to Magix Floor but it is displayed on the wall. It does not

need a special surface. Any surface can be converted to display with the help of a

special tape, especially glass. This product is being widely used in malls for

advertisement purposes.

The Magix Wall can be turned on with the sensor mounted on the projector

inside the shop. Any person can interact with it and get useful information

regarding the desired product. It is also a useful tool for presentation purposes.

Many Nike shops are using this technology in India. State Bank of India is the

latest to use this product in their office.



3) MAGIX TABLE

This is one of the revolutionary products of Touch Magix and probably their

best one yet. It is a multi-touch and multi user interactive table. It is a forty touch

recognition product. Infrared Sensors are used. The Magix Table comprises of

Snowflake Suite software. Its use to corporate companies is more than the use to an

average customer. The Magix Table is highly compatible for multiuser

presentation purposes, analyzing problems and decoding them.

Magix Table

SUMMARY

Touch Magix plans designs state of the art products and affordable prices.

Recently, Touch Magix had signed a contract with Samsung, with regard to their

development in display technology. It is also open to internships and hires

engineers from all sectors.

The industrial visit was a very informative and inspirational experience. We

learnt a lot about the functioning of TouchMagix, the products they make, the

initiative they take, and how they vouch for the development of India on the

technological front. We can gladly say that Touch Magix is bound to revolutionize

the way world sees India as and set the path for us to become a tycoon in

technology.





Pune


NATIONAL ENTREPRENEUR’S WEEK The past week saw the Entrepreneurship Development Cell of VIIT celebrate the Nation

Entrepreneur’s Week in a grand fashion. There were five distinctly enterprising events which

included an online debate, a photography contest, interview review session, an advertising

activity and an interactive guest session.

The first event was an online debate which was conducted on one of the most socially

active sites, Facebook. The topic of the debate read “Young entrepreneur should continue to

run the start-ups they founded instead of handing the reins to more experienced executives.

Agree or Disagree?” There were many active participants for this online debate which took

place between 7p.m. and 10p.m. on the 28th of July.



The second event that took place the next day, was titled, ‘capturing the spirit of

entrepreneurship’. Participants were required to submit a picture which captured the spirit of

entrepreneurship and post them online. The picture with maximum likes was declared as the

winner.

Pictures posted for the online competition

The third event was held on 30th of July. A few EDC members had interviewed Mr. Anup

Tapadia, Founder of Touchmagix. He started his journey towards unparalleled success by

mastering software applications which would aid him demonstrate his origami. He then

improvised on his ideas and went on to revolutionise the field of electronics with his innovative

products. Since it was an inspiring experience, the third event was based on a session where

the seniors gave the EDC members a review of the interview.

EDC members with Mr. AnupTapadia



The fourth day was celebrated by hosting an advertisement-related Pictionary. For this

event, the college students were targeted. People participating had to make two teams. One

member who would draw the product given and the second team would have to guess the

product along with the product brand.

On the final day, concluding ceremony was hosted. EDC VIIT organised an interactive

guest session. An esteemed personality from the petroleum and civil industry, Mr. Sharad

Agarwal enlightened us about the spirit of entrepreneurship, and the qualities of an efficient

entrepreneur. He gave us insights on what it takes to run a business and how to be a proactive

leader.

Sharad Agarwal lighting the lamp

Students engrossed in Mr. Sharad Agarwal's seminar

The National Entrepreneur’s Week was a roaring successand EDC VIIT received plaudits from

both faculty and students for spreading awareness for the ever-growing need for

Entrepreneurship.

Saurabh Bhanage

(President, EDC)



B.R.A.C.T.’s



Monthly Report (August 2014)




Pune


Student Facilitation Centre 1st August 2014

Student Facilitation Centre is an initiative taken by the Entrepreneurship

Development Cell of VIIT to provide the first year engineering students with all the

essential stationery and accessories in the college campus at prices much lower than

that offered in the market. After its inauguration last year, the plan was to make this

year’s SFC bigger and better. A lot of research and thought had gone into the planning

this year. The aim of the program was to provide the members of the cell with

experience in market research, negotiation tactics, promotion and sales.

It all began with a market research activity which was conducted earlier this

academic year for the members of the cell. The members were divided into groups and

had to go to the market, negotiate with suppliers and get the best prices. The planning

began two weeks before the start of sales. The sales began on the 1st of August when

the first year students came for their orientation.

EDC Members with the SFC kits

The team equalled last year’s tally in merely two days. The total count finally

went up to 131 kits sold in a week and the profit was increased by a whopping 120%.

This activity proved to be a huge success this year not only in terms of profit but also in

terms of the experience gained the members of the cell.




Pune


FE Orientation Ceremony 26th August 2014

EDC VIIT held its first interactive session with the FE students of the college where it

gave the students a chance to know about EDC, its rich history, its strong motto, its structured

working and its exciting activities. An audience of over 200 students was addressed by EDC’s

Chief Mentor, Dr. R.S. Acharya, and Mrs. R.S. Bhalerao-Panajkar, Head of Department, E&AS.

The ceremony had an auspicious start with the Saraswati Puja and the lighting of the

lamp by our dignitaries on the dais, our two beloved teachers and our cell’s President, Saurabh

Bhanage. This was followed by a brief-up about EDC- Its initial set-up and the further

developments, detailed by Prof.Dr.R.S.Acharya. He also mentioned the ex-EDC members and

their start-ups to motivate the students on taking up entrepreneurship. Right after his

extremely motivating talk, Mrs. R.S. Bhalerao-Panajkar, took over the stage, where she

extended her support towards EDC and reiterated the need for entrepreneurs. She also

narrated short stories which helped students to understand the concept of entrepreneurship in

a better way.

Dr. R.S Acharya Mrs. R.S. Bhalerao-Panajkar


Followed by madam’s speech was the experience sharing of Chirag Agarwal, BE,

Mechanical Dept., where he cast an immovable image in the students’ minds as he

talked about how EDC has helped him shape himself and the society around him. Then

Ankur Bang, SFC In-charge, shared his experience on being associated with SFC for this

year. With his trademark phrases, catchy lines and flashy shayaris, he raised the crowd’s

cheers for him all along his speech. Suraj Saste, Vice-President, TE, Mechanical Dept.,

added the much needed homely flavour and gave the ceremony a ‘Puneri’ touch as he

wooed the crowed with his inspirational talk in Marathi.

The session was then taken over by Abhishek Sengupta, Sponsorship Head, EDC.

He conducted a keynote and eased the students minds with his interactive presentation.

The launch of Expressionism, EDC’s in-house publication was then held, right after the

keynote. Then Girish Chandilya, Associate Documentation, and Abhiram Ajit, Associate

General Secretary, shared their experience about EDC and how it has helped them take

important decisions in various crisis situations. Followed by this was the President of

EDC, Mr. Saurabh Bhanage, who addressed the students and shared his views on EDC

and Entrepreneurship. Then there was a short video showing a visual outlay of the day

at the EDC office, shot by Palash Sharma, Event Manager, SE, Computer Dept. The

ceremony was then brought to a close by the vote of thanks by Pranav Chille,Vice

President, TE, Mechanical Dept.

Packed hall during the Orientation programme

The event was a roaring success, with the students agog at the prospect of being

a part of the cell. EDC went on to break all their previous membership records and set a

new benchmark, far higher than everyone’s expectations.

The success of the event displayed EDC’s remarkable abilities at implementing

their vast arcade of entrepreneurial qualities; yet again emphasizing the fact that

knowledge attained within the four walls of the incubation centre is an impeccable

blend of theoretical expertise and practical proficiency.




Pune


Interactive session 27th August 2014

Entrepreneurship Development Cell had the privilege of hosting an interactive session

with Mr. Surendra Agarwal, Chairman, Product Accelerator, Pvt. Ltd. Mr. Agarwal is also the

charman of Bharatiya Yuva Shakti Trust, an organization that encourages and funds

entrepreneurship cells and start-ups. Prof. Dr. B.S. Karkare, Principal, VIIT, Prof. Dr. P.D.

Khandekar, Head of Department, Electronics and Telecommunication, VIIT, and Prof. Dr. R.S.

Acharya, Chief Mentor, EDC VIIT graced the occasion with their presence.

Mr. Agarwal was briefed about the cell’s activities by Mansi Mehrotra, ex Vice President,

EDC VIIT. He then enlightened the members of the cell with his pearls of wisdom, and urged

everyone present to invest as much time as they can in their personality development and in

their future. He told us that necessity is not always the mother of invention, determination is.

“Catch time, Start now! Time is today, not tomorrow!” – Surendra Agarwal

Mr. Agarwal discussed startup ideas with members of the cell, and urged them to strive

towards achieving their goal. Prof. Dr. P.D. Khandekar also gave valuable inputs about

entrepreneurship. Every member of the cell took a lot of positives from the inspiring session.


B.R.A.C.T.’s



Monthly Report ( September 2014)




Pune


5th September 2014

PROJECT BOB Entrepreneurship Development Cell, VIIT held its first event for first year

members of the cell. The SE members of EDC VIIT organized the event. In Project

BOB, the FE members participating were given a few things like newspapers, ice-

cream sticks, pens, pencils, tape, etc. Seven groups of FE members were made.

These groups were asked to make a bridge using the items provided, such that

the bridge could sustain the weight of 2 water bottles and it could allow a

Smartphone to pass beneath it. The students were given a time limit of 25

minutes to make the bridge. The main purpose behind the event was to make the

FE members closer to each other by allowing them to interact with each other.

The students came up with new innovations about the bridges which was very

interesting.

The Bridges Made By FE Students




Pune


CORPSTRATA 2014 28th September 2014

EDC VIIT held its fifth Corpstrata event organized by the FE members on the

28th of September 2014. The Chief Guest for the event was Mr. Vinod Sharma

(Manager-Finance at Syntel inc.).

The ceremony had an auspicious start with the Saraswati Puja and the

lighting of the lamp by our dignitaries, our Chief Guest, Mr. Vinod Sharma and our

cell’s President, Mr. Saurabh Bhanage. This was followed by a brief-up about EDC-

Its initial set-up and the further developments, detailed by the anchors of the

Opening Ceremony.

The chief guest, Mr. Vinod Sharma addressing the participants

A total of 7 events were held in the Corpstrata 2014, including 2 fun events

and rest events which were held for the purpose of corporate strategies.


I-CEO : An event where the participants were assumed to be the CEO of a

specific company and they were given a crisis situation. The participants were to

give a brief description on how they were going to overcome the crisis situation.

Business Brainstormers: An event where the participants were given a

product and they were asked to tell how they would manufacture that product

and sell it.

Sabzi Market: An event where the participants got to learn about the stock

market.

Vegetable prices were given to the participants and they had to invest in

shares of the vegetables. A computer program was set up which changed the

values of the share automatically .

Quizopedia: A event full of General Knowledge questions related to the

corporate world. In this event, if the contestant happened to give a wrong

answer, he/she was instructed to undergo a fun punishment given by the host.

Bid-Wisers : An event where the sports players were auctioned, to teach

the participants the skill of bidding.

Snap hunt: A fun event where the participants were supposed to click a few

pictures of themselves with a set of objects masked by clues and riddles.

Scrap Stars: An event where the participants were given 75 points, out of

which they were supposed to buy a few scrap materials and make something

great out of it.

All the events went on well beyond their time slots due to the interest and

involvement of all the participants. Yet, care was taken that no two events

overlapped each other and participants who registered for multiple events could

take part in every event enjoyably.


Our ladies representative Ms. Akshada Padwal felicitating the winners

The closing ceremony took place in the seminar hall. It began with the

anchors thanking our president, Mr. Saurabh Bhanage, and other senior

members for sparing their valuable time with us. This was followed by the

felicitation of winners by our ladies representative, Ms. Akshada Padwal. All the

winners of the respective events were given their certificates and the

participation certificates were distributed by EDC members, following which the

anchors thanked everyone present for their participation and brought the event

to a close.

Saurabh Bhanage

(President, EDC-VIIT)


B.R.A.C.T.’s

Vishwakarma Institute of Information Technology, Pune


Vishwapreneur Report (January 2015)





Pune


Vishwapreneur ’15 Report

6th January, 2015

Good days start and end, but exceptional ones live to be remembered for

long. Three such exceptional days witnessed Vishwapreneur ’15, a national level

convention and entrepreneurial summit, organised by Entrepreneurship

Development Cell, Vishwakarma Institute of Information Technology, Pune.

Hosted on 2nd, 3rd and 4th January 2015, Vishwapreneur ’15 was held in

Sharad Arena, Vishwakarma Institute of Technology, Pune. Organised under the

mentorship of Prof. Dr. B. S. Karkare, Principal, Vishwakarma Institute of

Information Technology, Prof. Dr. R. S. Acharya, Chief mentor, EDC, VIIT, and

convened by Mr. Chirag Agarwal, Vishwapreneur ’15 played host to illustrious

entrepreneurs who graced the convention with their presence as guest speakers.

Tracing the roads that seemed a mystery back then, Mr. Varun Agarwal relives his experiences with participants



Work for Vishwapreneur had begun in November ’14, and after days of

tireless striving for perfection, the event received plaudits from one and all. The

first day of the event witnessed a B-Plan competition, the biggest of its kind in the

city, where aspiring entrepreneurs pitched their business ideas against each other,

in a bid to stand out, and bag cash prizes amounting to INR 75,000.

The second and third days of Vishwapreneur ’15 witnessed an

entrepreneurial summit where distinguished speakers interacted with participants

and gave them a comprehensive insight into the world of entrepreneurship. This

year’s convention was organised on the similar lines of the previous year’s edition,

but furthermore, it played host to a panel discussion of veteran entrepreneurs in a

Q&A format. Hosted by Ms. Nisha Advani, one of the Cell’s esteemed alumni and

the convenor of Vishwapreneur ’14, the panel discussion comprised of six guests

who shared their invaluable knowledge on a common platform, and presented

their perspectives on the topic, “Connecting the dots”

The guest speakers for the panel discussion were:

1. Dr. Anil Kumar Kaza, MD, Sowbhagya Ispat India Pvt. Ltd.

2. Mr. Vishal Gokhale, MD, Gokhale Constructions.

3. Mr. Umesh Dashrathi, Founder, Rucha Industries.

4. Mr. Vastupal Ranka, Director, Ranka Jewelers.

5. Mrs. Darshana Parmar Jain, Executive Director, Ishwar Parmar Group.

6. Mr. Abhay Jere, Associate Vice-President, Persistent Systems.

The smartest business minds converge at the Panel Discussion



The guest speakers for Vishwapreneur ’15 were:

1. Dr. Anil Kumar Kaza, MD, Sowbhagya Ispat India Pvt. Ltd.

Referring to the quote, “Entrepreneurship is living

a few years of your life like most people won’t, so that

you can spend the rest of your life like most people

can’t”, Dr. Anil Kumar Kaza stressed on the qualities of an

entrepreneur and the various aspects of professional

ethics. Dr. Kaza highlighted the importance of mechanical

engineering and its contribution to innovation.

2. Mr. Hanmant Gaikwad, Chairman and MD, BVG Group.

A member of Vishwakarma Institute of Technology’s

alumnus, Mr Hanmant Gaikwad shared the story of his

journey from a two-room house to building a 1,200 crore

empire. He spoke about how eight members began

working to develop a locality and now, an army of 55,000

workers towards the betterment of the nation. He

explained how he contributed to humanity by running a

fleet of ambulances and emergency services.

3. Mr. Mahesh Manjrekar, Founder, GME Productions.

Stressing on risks in the world of entrepreneurship,

Mr. Mahesh Manjrekar, a distinguished actor, writer,

director and producer, spoke about how he had to fight his

way through to carve a niche in the industry, on his path to

set standards which veterans in his industry find hard to

match.



4. Varun Agarwal, Co-founder, Alma Mater.

The youngest speaker of Vishwapreneur ’15, Mr. Varun

Agarwal inspired the audience to follow their dreams, travel,

create, and discover themselves. He brought in a new

perspective on entrepreneurship and told youngsters to start

early, without wasting time thinking about the risks that ensue

entrepreneurship.

“One who does not read is no better than one who cannot read!”

Using the character of Anu Aunty to depict the Indian society, Mr. Agarwal

explained how the negative mindset towards unorthodox streams of education

inhibits freedom for creativity and innovation.

5. Ms. Kiran Bhatt, MD, XEBEC Communications.

With a very enthusiastic approach to the world of

entrepreneurship, Ms. Kiran Bhatt highlighted the

importance of publicity in ventures. She explained how

branding and marketing plays an indispensable role in selling

one’s product or service.

“Brands should be nurtured with care, so they can remain young and vibrant”

6. Er. Jaideep Raje, Joint MD, Bhate and Raje Constructions Co. Pvt. Ltd.

Highlighting the role of civil engineering and its importance

in the world of entrepreneurship, Er. Jaideep Raje emphasised on

the need for innovation its importance to global progress. He also

explained the importance of attention to detail, in decision

making.



Vishwapreneur ’15 aimed at spreading awareness about the importance of

innovation and the ever-growing need for entrepreneurship, and at providing a

platform for learning and interaction of students with veteran entrepreneurs.

Vishwapreneur’s reach extended to distant parts of the nation, with students from

Pilani, Delhi and Chennai to name a few cities, participated in the convention. With

nearly 400 participants, a turnout that exceeded the previous year’s tally by 50%,

Vishwapreneur received plaudits from students, speakers and media alike.

Mr. Mahesh Manjrekar with the team of Entrepreneurship Development Cell

Months of planning, vision, enthusiasm, and dedication manifested into an

impeccable display of event management skills and entrepreneurial abilities, and

as the curtains fell on Vishwapreneur ’15, the resounding applause it received

would continue to ring in the organising team’s ears for a long time to come.

Saurabh Bhanage

President

EDC, VIIT



B.R.A.C.T.’s



Monthly Report (February 2015)



Case Study

5th February, 2015

The second year members of Entrepreneurship Development Cell, VIIT

organised a case study session for their members on 5th February, 2015. Case

studies are one of the most crucial educative mechanisms in business

management. They aim at improving an individual’s problem solving ability as well

as improving working efficiency.

The case study was subjective in nature, and was about a milkman named

Leonard who used innovative techniques to revolutionise the sale of milk and its

by-products. Using various unconventional techniques to market and sell his

product, Leonard battled his way through traditional practices and orthodox selling

tactics to bridge the gap between the seller and consumer, thereby creating a

transparent, effectual and welcoming environment in his outlet.

A team engrossed in discussion

The character taught the participants that an idea is enough to motivate one

to swim against the tide and change the way the game is played. It was a new

experience for First Year students as they were brought into a whole new domain,

stepping out from their core field of education. The discussion ensuing the case

study gave an understanding of the various ways the given situation was perceived.



Balance Sheet Session 9th February, 2015

Team EDC organised a session on balance sheets on 9th February, 2015. The

session was open for all students of VIIT. It aimed at giving the participants a

comprehensive understanding how balance sheets are made. Balance sheets are

essential for anyone who wishes to have any relation with money, as no official

financial transaction takes place without proper tabulation.

Hosted by Richardson Samson, Associate CFO, EDC VIIT, the session began

with an introduction to financial terms like assets, liabilities and equity. The

participants were then introduced to more terms which were mapped to real world

examples. After they were acquainted with financial expressions, the participants

were given a list of amounts used for various purposes. The task was to segregate

the amounts into assets, liabilities and equities, and verify the equation,

Assets=Liabilities+Equity.

Teams captivated in finding the solution to the balance sheet The participants were then divided into groups of three. They were given a

description regarding money transactions of an organisation. They were instructed

to prepare a balance sheet for the transactions, with the insinuation that a flaw in

the transactions was to be detected.

Different interpretations of the balance sheet led to heated discussions over

the final tally. The discussion over the final tally went on long after sunset, with

everyone willing to come to a conclusion and not leave the suspense hanging. It

was well planned, well executed and a thorough success.



Group Discussion

16th February, 2015

16th February, 2015 witnessed a group discussion organised by

Entrepreneurship Development Cell, VIIT. Group discussions provide a platform for

exchange of information and analysis of situations. They are a methodology used

by most organisations to judge a candidate for various soft skills.

The topic for the discussion was “Make in India” an initiative by the present-

day Prime Minister of India, Shri. Narendra Modi. Make in India is a project that

aims to improve the economy by promoting manufacture of goods in India. It aims

to increase employment of skilled labour and standard of technology in India by

using Foreign Direct Investment as its major benefaction. The initiative promises

the headway of 100 smart cities in a bid to uplift less developed areas and introduce

them to state-of-the-art technology. It also introduced norms like recruitment of

60% of labour from neighbouring areas of a workplace to generate local

employment.

Albeit, the initiative missed out on the inclusion of the agricultural sector,

which accounts to a major chunk of India’s GDP. Transparency of the initiative was

also brought into question, and various other pros and cons of the plan were

accentuated. The discussion proved to be the perfect platform for expression of

views, and sharing of varied standpoints on one of the most talked about topics in

the country.



100 Rs Entrepreneur Competition

19th February, 2015

A competition was organised by team EDC for First Year members of the cell,

to test their entrepreneurial aptitude and their business skills. This competition

intended to give the students a chance to brainstorm and work on feasible ideas to

earn profits within a given investment and time.

A total of 4 teams, each consisting of 3-4 members participated, and each

team was given an initial amount of Rs 100 and five hours to maximise their

investments.

Contestants pose after striking a deal with a supplier

The participants were introduced to the practical world of entrepreneurship

by giving them a chance to execute their creative ideas and utilise their initial

funding wisely to reap maximum profits. This competition enhanced their

marketing skills and improved team building. By giving them the opportunity to

make financial reports of their business, the competition taught them that

successful selling is not the only key to sustaining a successful venture.



Meanwhile, when the FE members were busy investing and making the

most out of the 100 Rupees given to them, the organisers had a case study of

their own. The students were supposed to come with innovative ideas for

startups in a given scenario and use all the possible resources available and make

the most out of it. Following was a small test conducted by the President, Saurabh

Bhanage, where the participants had to define various terms used in aspects of

finance. Terms like repo rate, market cap, market share, IPO, PPP, etc are

something that we all read in the papers, but getting to know about their

technicalities and being tested on their definitions was a good method of self

evaluation and the entire day was a great learning experience.

Saurabh Bhanage,

President,

EDC, VIIT.



B.R.A.C.T.’s



Monthly Reports March 2015 April 2015





Pune


Industrial Visit

Entrepreneurship Development Cell, Vishwakarma Institute of Information

Technology organised its yearly Industrial Visit on 13th-14th March 2015. The aim of

the visit was to give the members of the Cell an insight into the world of manufacturing

as well as industrial management. The companies visited were Alfa Laval, InYantra and

Mapro Gardens.

The industries visited were pioneers in their own domains and had a global reach.

The visit provided us with an opportunity to get to know the working and technology

used by industries in manufacturing, electronics and food. The industries were a

graphic spectacle of the practical applications of various engineering concepts

imparted in college.

Team EDC at Alfa Laval





Pune


Alfa Laval (Sarole site)

Alfa Laval was established in 1992 as LKM India. It currently has 3 factories

and 2 service centres in India. The Sarole factory manufactures pumps, valves,

fittings and air heat exchangers (AHE). The factory has processes ranging from CNC

machining to customised assembly of components to give the high precision

outputs for the customer as per requirements. The factory has a turnover of around

200-300 crores per annum with an annual growth rate of 10%. The site is divided

into 3 parts, each functioning independently.

The site also uses some unique features for safety as well as for work

efficiency. i.e. the idea of using various coloured cards to mention the type of

problem namely cost, safety, quality and delivery, to expedite the solution of issues

in short amounts of time. The persistent problems are then transferred to higher

authorities for evaluation.

The main idea being to connect the workers on the shop floor to the

management. Meetings are held before every shift on the shop floor and every

week with managing authorities. A company that uses state-of-the-art technology

and automation, also uses such simple approaches to highlight the significance of

human aptitude and maintain a positive work environment. Alfa Laval use batch

production techniques to deliver on time without affecting product quality.





Pune


InYantra

An electronic units manufacturing company, InYantra makes customised

PCBs and industry grade UPS systems. They use automated processes to

manufacture the PCBs and human workforce for testing them. Various customers

like Ducati, HP, etc. use their circuit boards for displays. Various machines are used

to mount flat components, circular components, resistors, capacitors and other

components and one machine is dedicated for soldering of the circuit boards. Each

and every PCB undergoes various tests and also have a visual check. InYantra uses

continuous moving production lines and assembly lines to maintain pace and

satisfy the burgeoning demand for their products. One of their major products is

the industry grade UPS systems of 10KVA and 20KVA rating, completely

manufactured and assembled on site. After it is assembled its quality is checked by

various tests like the heat test, Soak test, Over/under voltage test, etc. The

standard 5S safety procedure is followed throughout the site.





Pune


Mapro Garden

The factory of Mapro Gardens is strategically placed on a hill station and a tourist

spot attracting thousands of visitors daily. The site provides a calm and refreshing

environment, food made fresh in front of customers as well as a factory very close

to raw material fields. The location and the products Mapro offer, make it a model

place to visit. This all adds up to a huge footfall which makes it a profitable place to

sell their products. Mapro provides customers with an option to try their products

before buying them. Not only is this an excellent marketing strategy, it is also an

exhibition of sureness that Mapro has in its own products.

Apart from the industries, the visit also included activities for the members

to improve skills in various domains and to build a strong sense of unity between

the members. Entrepreneurship Development Cell’s aim was to provide an

opportunity to have an up-close experience of how an industry works, and what

are different the aspects running a business. Not only did the members of the Cell

learn about what it takes to be an entrepreneur, but also had their share of fun in

doing so.





Pune


B.E. Farewell The members of Entrepreneurship Development Cell, VIIT organised a

farewell for final year members of the Cell on 7th April, 2015. This was to officially

recognise their valuable contributions to the Cell over the years, and to build a bond

that would last even after they pass out of college. The junior members of the cell

organised various activities for the BEs, and gave them a token of appreciation that

they would cherish for years to come. The Cell’s seniors then gave us an inspiring

farewell message on working towards our goals, setting targets and achieving

them. The day ended on a nostalgic note, with the BEs looking set to reach

pinnacles of success and make the college and the Cell proud.

The Cell's BE members with esteemed faculty





Pune


Other activities of the Cell

Discussion about Arcanemind: Mr. Aditya Kagliwal, the first president of

Entrepreneurship Development Cell, VIIT had visited the cell to share

information about his startup ww.arcanemind.com which he co-founded

with Mr. Vishnu Korde, alumnus of EDC, VIIT. His website provides an online

platform for students, institutions, teachers and publishers to come together

on a common platform and share knowledge with each other. His business

idea and demonstration of the website was thoroughly studied by the

members who later gave him valuable inputs on the same. His experience

and the current team's curiosity, made it a fantastic session altogether.

Helping e-cells back to their feet: Spreading awareness of the need for

entrepreneurship is one of the primary aims EDC, VIIT. Bearing this, the Cell

has used its vast experience and knowledge to encourage PVG’s

entrepreneurship revive and get back on track.

Aiding non-homegrown startups: EDC, VIIT are contributing in a startup

named TechHeft. It is a magazine for engineering students to stay abreast

with the developments in the world of mechanical engineering. This

magazine includes the current engineering syllabus as well as articles

pertaining to latest technological advances.


http://www.arcanemind.com/




Pune


Star Majha visits EDC, VIIT: On April 7th, news channel Star Majha visited

the cell's incubation centre. Impressed with how the cell had promoted the

spirit of entrepreneurship through all these years, they were eager to talk to

members about their journey so far, and the plans they had for the future.

Mr. Saurabh Bhanage, the president of the Cell, Ms. Nisha Advani, Convenor

of Vishwapreneur ’14, Niket Puranik and Akshay Nahar, EDC’s esteemed

alumni shared the journey and the vision of the Cell with the media. The fact

that EDC's work is now being recognised by established news channels is a

matter of pride for every member of the Cell and shows how successful the

Cell has been in reaching out to people and promoting entrepreneurship.

Saurabh Bhanage,

President,

EDC, VIIT.


EDC 2014-2015 Annual Report - Final

Documents

members of edc

similar idea

launch of campus window

way people

acharya mentor of edc

senior member of edc

annual investiture ceremony

chockfull of people