The Birla Institute of Management Technology (BIMTECH), a leading business school in India, is making significant strides in fostering start-up innovation and entrepreneurship through the SAMRIDH program. This initiative, launched by the Ministry of Electronics and Information Technology (MeitY), aims to nurture early-stage ventures and drive economic growth.
Under this program, AIC-BIMTECH has supported eight promising start-ups, five of which—Cunomial, Credit Siddhi, Origin Connect, Transport Simple, and Vacus—have secured ₹2 crores in funding from MeitY. Together, these start-ups contribute to an impressive aggregated valuation of ₹75 crores, aligning with India’s vision of Viksit Bharat 2047.
Enabling Start-ups with Tailored Support
Dr. Prabina Rajib, Director of BIMTECH, emphasized the program’s impact:
“The SAMRIDH program has enabled BIMTECH to provide resources and insights tailored to the unique needs of early-stage ventures. By leveraging our research and faculty expertise, we are equipping start-ups with the knowledge they need to innovate and compete effectively.”
Dr. Shalini Singh, Chairperson of the Center for Innovation & Entrepreneurship Development and Acting CEO of AIC-BIMTECH, elaborated on the comprehensive support offered:
“At AIC BIMTECH, we go beyond offering co-working spaces. We provide invaluable mentorship, extensive networking, market access opportunities, investor connections, and various business development activities to ensure that start-ups are fully equipped to thrive in dynamic markets.”
A Legacy of Impact
With over 400 start-ups supported and more than 200 strategic partnerships established, AIC-BIMTECH has built a vibrant entrepreneurial ecosystem. Key services include tailored mentorship, business networking, team-building support, and investor relations, empowering start-ups to scale operations effectively.
The eight supported start-ups—Cunomial, Credit Siddhi, Origin Connect, Transport Simple, Vacus, Fabrik, Detrocel, and Ecotio—are making notable advancements in their fields. They are fostering innovation, creating jobs, generating revenue, and contributing to India’s economic growth.
BIMTECH’s Commitment to Excellence
Founded on the principles of Late Basant Kumar Birla and Sarala Birla, BIMTECH has been a pioneer in innovative programs such as PGDM, PGDM-International Business (IB), PGDM-Retail Management (RM), and PGDM-Insurance Business Management (IBM). The institution’s recent AACSB accreditation places it among the Ivy League of globally recognized business schools, underscoring its commitment to excellence in education.
With a strong alumni network of over 8,000 professionals placed worldwide, BIMTECH continues to nurture future leaders who make meaningful contributions to the global business landscape.
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