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Rahul Aggarwal, Santosh Mishra and Sugam Bagla bag the 1st Runner-up position in the ‘Rising Star Challenge’ at IRF 2015, Mumbai
A three-member team, comprising students from IIM Bangalore’s one-year full-time Executive Post Graduate Programme in Management (EPGP), competed with over 300 students from top B-schools across the country in the ‘Rising Star Challenge’ business plan competition organised by the India Retail Forum and bagged the 1st Runner-up position.
As part of the competition, participants created new models of retail innovation to spur the next generation of start-up ideas and reach the next frontier of omnichannel excellence that blends the best of smartphones and smart stores.
The finals of the competition were held in Mumbai and the finalists had to defend their business plans in front of a jury comprising Shailesh Chaturvedi (CEO, Tommy Hilfiger), Rajiv Makhni (Managing Editor, Technology, NDTV), Bijou Kurien (Member, Strategic Advisory Board and Mentor, L Capital Asia LVMH Group) and Ankur Joshi (Co-Founder, Preter).
Team Gatik, the three-member team from IIMB, presented a business plan to implement an omnichannel retailing strategy for the Indian handlooms and handicrafts industry under the brand, ‘Kalpataru’. “Our business plan was very well received by the Indian retail fraternity. We received a very good response, including trade enquiries from business partners present at the event,” said members of Team Gatik.
A press release by the institute reported.