IIM Indore Scholarships

Indore (Madhya Pradesh) Estd : 1996 Approved by : AMBA Type : Public
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IIM Indore Alums’ Startup—VOW CarClinic Secures Angel Funding

VOW CarClinic, a car servicing and repair startup, founded by IIM Indore alumni—Harmeet Hora and Abhishek Menon; has raised an undisclosed amount in angel funding from Mr. Vishal Malik, Founder and Director of Gemini Solutions. VOW CarClinic, operated by Gurgaon-based GreyHair Ventures Pvt Ltd, is a marketplace for end-to-end car servicing/repair needs in the offline-to-online consumer internet space. In the last four months, the startup has scaled-up its operations to four more cities in NCR (Delhi, Noida, Ghaziabad and Faridabad) and has witnessed 10x fold increase in revenues.  Currently, Harmeet and Abhishek are planning to expand their operations in other major cities including Mumbai, Pune, Bangalore, Hyderabad and Chennai.

Saumitra Agarwal’s (PGP 2005-07) Startup Talkoot Selected in FBStart Programme

IIM Indore’s alum- Saumitra Agarwal’s (PGP 2005-07) startup—Talkoot has been selected by Facebook for its early-stage startup mentorship programme—FBStart. The startup will receive credits up to $40,000 and free tools and services from Facebook and its more than 30 partners including Amazon, UserTesting, Dropbox, and MailChimp. Besides partners, the startup will also get free access to more than 25 services including open source tools like React Native, FB Login and Account Kit and App Analytics.

Akshay Mehta’s (PGP 2014-16) Startup Heartonnect Selected in Facebook FBStart Programme

Heartonnect’ established by IIM Indore’s alumni Akshay Mehta (PGP 2014-16) has been selected by Facebook for its FBStart Programme. Heartonnect is a mobile based socializing platform launched on the Android’s Play Store in the month of October 2016. Heartonnect is a buddy finder or a date finder application that connects its users anonymously on a real-time basis via VOIP calling technology. After the initial anonymous interaction, the users have the option to reveal their identity. The startup would be receiving $40,000 worth of credits and services from Facebook.

Scholarships are termed as awards of financial aids given to students for their proper education. This is a way to support deserving candidates in completing their studies and achieving their desired career. In general, there are two types of scholarships, one is the merit-based scholarships and the other is the need-based scholarships. The merit-based scholarships are given to the candidates who have performed extremely well in their studies and have a good academic record of accomplishment. Whereas, the need-based scholarships are given to the candidates who are financially deprived and cannot afford to finance their tuition fees for their desired course and degree.
Indian Institute of Management, Indore Scholarships is technically based on the needs of the candidates applying for admission into Post Graduate Programme in Management and Integrated Programme in Management. This IIM Indore scholarship has been termed as need-based Financial Assistance (NBFA). Candidates with annual family income less than 9 lakhs can apply for the IIM Indore scholarship. Candidates seeking financial help are required to fill in the IIM Indore need-based Financial Assistance form in the correct format and procedure as prescribed by the institutional website. Candidates can download the form and fill in their correct details in the blanks given. It is to be submitted at the time of admission by the interested IIM Indore candidates.

Candidates submitting the form must follow and remember few points before submitting the filled form to the concerned authorities. These points are as under:

  • Remember to fill in correct details as any wrong information might lead to cancellation of the candidature.
  • The application form must be complete and no blanks are to be left vacant by the applicants. Incomplete forms will be subject to rejection from the concerned authorities.
  • Read the instructions and information given on the form and follow the same as mentioned.
  • Signature of the parents/ guardians and students are necessary.
  • Remember that the details mentioned on the form will be crosschecked and verified by the concerned authorities and any fault found will lead to the cancellation of candidature of the candidates.
  • It is to know that the final decision will reside in the hands of the NBFA committee and no change will be initiated after the final decision of the committee. 

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Contact Details of Indian Institute of Management, Indore

  • Contact No:
    +91-731-2439666
  • Website:
    http://www.iimidr.ac.in/
  • Address:
    Indian Institute of Management Indore, Prabandh Shikhar, Rau-Pithampur Road, Indore, Madhya Pradesh, 453556 India.

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