XIMB conducted by XAVION 2020 – entrepreneurship summit

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Bhubaneswar: “XAVION 2020”, the Annual Entrepreneurship Summit, conducted by X-SEED, the Entrepreneurship Cell of Xavier Institute of Management, Bhubaneswar, started with the inauguration ceremony on the 11th of January, 2020.

The summit started with the lighting of the lamp by the eminent speakers and the moderator. Mr Pritish Gupta, Founder of Reach Out Consulting set the stage by pointing out the reality of Start-Ups where failures are a must. The first speaker of the day, Mr Akash Gupta, Co-Founder & CEO of Mobycy shed light on solving the problem of mobility keeping sustainability in mind. He stressed on the fact that new innovation is always a learning curve in which a start-up has the room to accommodate. The next speaker was Ms. Madhusmita Panda, Head of Marketing, KredX India. Having struggled immensely to keep her company alive, she gave a few pointers on how to never assign one particular reason to the failure of an enterprise. Mr Ravi Ranjan a Startup Expert talked about how Indian culture is very entrepreneurial and this needs to be levered for young entrepreneurs.

Mr Ravi Ranjan, continued his discussion elaborately in the second half of the day on “Can startups support the government when corporates can’t?”, giving interesting insights about the bigger picture and encouraging young minds to not only think about themselves but also for the society at large. He stressed that technology and innovation will be of prime importance in solving these problems.

The final Speaker of the day was, Mr Samir Singh Sheikhawat, a thought leader and startup advisor, Ex-United Breweries Limited. His vast industry knowledge of 31 years helped him find the truth behind strategies and marketing. In his professional life, he had found that consumer today is not only looking for commodities but experience over possession.

Day 2 of the Summit started with Scale It Up – A national case study challenge in association with Pee Safe. Management students from all over the country such as IIM Ranchi, SCMHRD to name a few participated to provide an innovative solution to menstrual health and safety judged by Rithish Kumar, Associate VP at Pee Safe. The winners were Manobes Padhy and Nishant Dash from XIMB

This was followed by a national level pitching competition – iPitch, where teams pitched their start-up ideas to the investors. The Summit ended with the vote of thanks given by Akash Agarwal, Coordinator of X-SEED, the Entrepreneurship Cell of Xavier Institute of Management, Bhubaneswar in the closing ceremony.

XAVION 2020 was a successful event where eminent leaders helped nurture young minds to inculcate a start-up spirit. The engagement of the students in the discussions and competition helped bring out leadership capabilities among the budding entrepreneurs of the upcoming generation.

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