Imitation to innovation: Korea’s business journey IIM-B students learnt about the implications of industrialisation in South Korea, among other things

We are in South Korea as part of our international immersion module. Despite an exhausting flight journey, we were enthusiastic about our first day here. As promised, we were treated to a grand breakfast buffet at the Gangnam Family Hotel, with a variety of dishes. After that, we travelled from the south side of Han River to the north, where KAIST College of Business is located. We were welcomed by Heeseok Lee, Associate Dean, and Betty Chung, Professor at KAIST College of Business. After a welcome address by Chung, who…

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Celebrating Independence Day in South Korea Later in the day, the IIM-B students learnt about the best ways to solve problems and more

Of the five countries that celebrate their Independence Day on August 15, that of two countries — India and South Korea — holds more significance to us, the EPGP batch of 2019 at IIM Bangalore, as we got to witness the hoisting of the Indian national flag on foreign soil. We are in South Korea as part of our international immersion module. The Indian embassy in South Korea was kind enough to invite our batch to join the Independence Day celebration with them. Feelings of patriotism, pride and nostalgia engulfed…

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A visit to the Samsung Innovation Museum The students of IIM-B were in awe of what Samsung has contributed to innovation and what it plans to do

  We boarded a bus to visit the Samsung Innovation Museum on the third day of our international immersion module in South Korea. We knew what to expect: a display of the Korean giant’s technological prowess. The five-storey complex in Suwon’s Digital City — the nerve centre of Samsung Electronics — starts with the advent of electricity and goes from there. It is only when the museum touches on more modern times that it becomes apparent this is related to Samsung. The first hall is dedicated to the history of…

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Understanding the growth story of South Korea What made the small nation turn into a land of corporate giants in a few decades?

  Visiting new places is always wonderful as it brings with it the excitement of to exploring the unknown. Our trip to South Korea and KAIST, a public research university, as part of our international immersion module, is one such experience. Given that many Asian countries began their journey towards development around the same time, it is fair to draw comparisons with India. South Korea, in particular, makes for good comparison. The economy of both countries was roughly the same size in 1990 (about $300 billion in GDP) and both…

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Solution to sales challenges? Selvitate, an incubatee at NSRCEL, functions as an integrated platform working on both a SaaS model as well as an operational model to help MSMEs improve sales and after-support

Selvitate (a play on the words sell and levitate) is a startup founded by Charith G Kashyap and Ruthvic R. They improve online sales for medium, small and micro enterprises (MSMEs). Selvitate works as an integrated platform working on both a Software as a Service (SaaS) model as well as an operational model to improve sales. This differentiates them from their competitors who only provide software to improve sales. Selvitate provides software to manage online sales and after-support to their customers. They take care of the entire online suite for…

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Rethinking playtime Anthill Creations’ goal is for every child to have a playground within walking distance

Anthill Creations is a not-for-profit startup, being incubated at IIMB’s NS Raghavan Centre for Entrepreneurial Learning, and aims to bring playgrounds and play back into the lives of children. The team aims to involve the community and build sustainable playgrounds.  They are the first company in the market who is working on accessibility of play. Anthill Creations was formed when the five founders – Nancy Charaya, Souradeep Paul, Vishesh Gupta, Nupur Agrawal and Pooja Rai – were in college. They, “like ants”, came together to build something bigger than themselves.…

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Plop: Stories that Pop This start-up being incubated at NSRCEL offers stories in a completely different, chat-based format.

Penbound is a startup founded by Anushka Shetty and Vineet Shetty. They believe that their product Plop will re-introduce storytelling to the world. They decided to develop the idea when they pitched it to a group of publishers who, they say, loved it in the Delhi World Book Fair. Co-founder – Anushka Shetty Co-founder Vineet Shetty “Attention spans of the youth today have shrunk immensely with some studies claiming that it is only 7 minutes long. This is a product of our digitalized society and the shorter attention spans have…

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Taking the lead for happy feet

TheVerb Studio is a startup founded by Ilangovan K S and Bharath Kumar J – two NIT Trichy tech grads with a passion for dance. They are revolutionizing the way dance is taught, by introducing technology into traditional dance classes. Founders Bharath Kumar J and Ilangovan K S TheVerb Studio was started when the two founders realized that it was very hard for people to get access to quality dance lessons in India. Being “70% dancers and 30% engineers”, as co-founder Ilangovan says, and knowing that the world was shifting…

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GoCrackIt! The start-up, incubated at NSRCEL, provides mentoring services for students in MBA schools and working professionals who are trying to make a major career shift. They connect working professionals with mentors who have undertaken a similar career shift

Suhruta Kulkarni, Alok Shrivastava and Siddhartha Banerjee form the core team of GoCrackIt, a startup that provides personalized mentoring services for students and working professionals. The startup was founded in 2015 by Suhruta Kulkarni, an IIM Ahmedabad alumna. Alok, her husband, and an IIM Bangalore alumnus, supported her while pursuing his job in a management consulting firm. Harshit, Alok’s batchmate from IIM Bangalore, actively supported them in the initial phase and is now their advisor. In 2017, the company started to gain traction and Alok joined in full time. Soon,…

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Effective sales talent: No longer an elusive dream?

Ntalents.ai is a startup created by engineers Mayank Sharma, Deepika Anu and Varun Narula. They are developing an evaluation tool which identifies behavioural and soft skills in salespersons. This test gives their clients useful data to identify whether prospective employees will be good salespeople, or will simply know the theory of sales. The company was formed when Mayank Sharma observed that tech companies had proper evaluation techniques but sales The founding team – Varun Narula, Mayank Sharma, Deepika Anu companies didn’t. He believed that there was a need for such…

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