Alumni News

IIMB celebrates the NASDAQ listing of alumnus Shobhit Shukla (PGP’09), President and Co-founder of Near.

Shobhit says: “IIMB has played a big role. I hope to share this message with our young graduates: Nothing is Impossible. If we can, you can.”

Near is a globally recognized provider of Data Intelligence, with a focus on People, Places, and Products. With one of the largest data sources in the world, Near empowers organizations of any scale to make informed decisions and achieve optimal business outcomes.

We wish you many congratulations.

OSD Anuj Gupta tenders resignation from the Ministry of Commerce

Anuj Gupta, who served as Officer on Special Duty (OSD) to Commerce Minister Piyush Goyal for nearly ten years, has resigned from his post. He worked across 10 different ministries during his tenure with the Indian government. Gupta expressed his gratitude to Prime Minister Narendra Modi and Minister Piyush Goyal for giving him the opportunity to serve the nation, in a statement. He also mentioned that he is satisfied with the transformative work he has accomplished across various sectors and looks forward to exploring opportunities outside of the government. Despite the maximum tenure for an OSD position being five years, Gupta’s exceptional performance earned him a special extension by the Cabinet. Prior to joining the government, he worked in management consulting for almost a decade with firms like KPMG. Gupta is a graduate of IIT-Madras and IIM-Bangalore.

Snehal Shah, PGP 1995, Partner, Fairwinds Private Equity

Having graduated from one of the premier educational institutions in Asia, I was provided with a robust platform to pursue my desired career and shape it effectively. I firmly believe that everyone deserves access to a superior education. Unfortunately, financial constraints prevent many deserving students from accessing world-class institutes of higher education. I am committed to supporting these students in any way I can, and I am thankful to my alma mater, IIMB, for enabling me to do so. I extend my best wishes to IIMB and to the current and upcoming generations of students.

Debajyoti Ray Chaudhari, MD & CEO, National E-Governance Services Limited

National E-Governance Services Limited (NeSL) functions as an Information Utility (IU) that operates under the regulations of the Insolvency and Bankruptcy Board of India (IBBI) as outlined by the Insolvency and Bankruptcy Code (IBC). The primary aim of establishing the IU was to eliminate information asymmetry, a major obstacle in achieving equitable negotiations between debtor and creditor in situations where the creditor is unable to fulfill its debt obligations. The concept of the IU, as envisioned in the Code, is unparalleled globally.

The Digital Document Execution (DDE) platform offered by NeSL enables digital execution, storage, and retrieval of contracts, signifying a significant move towards secure and hassle-free digital lending. The platform ensures compliance with legal requirements by obtaining e-stamps. The paperless and contactless nature of the platform not only enhances the customer experience but also contributes to promoting sustainability by eliminating the need for paper. As per our estimates, the DDE platform has saved more than 2500 trees to date.

Promoting cleaner and more environmentally-friendly transportation systems is a necessary step towards a sustainable future. As part of their corporate social responsibility (CSR) efforts, NeSL funded the installation of an EV charging station at IIM Bangalore. The station was inaugurated on February 23, 2023, in the esteemed presence of Hon’ble President NCLT, Chief Justice (Retd) Shri Ramlingam Sudhakar, Hon’ble Justice Kannan Ramesh, Judge, Appellate Division, Supreme Court of Singapore, and Judge, Singapore International Commercial Court, Chairperson IBBI, Shri Ravi Mital, Dr. Rishikesha T Krishnan, Director, IIM Bangalore, Whole Time members of IBBI, Shri Sudhaker Shukla and Shri Jayanti Prasad, EDs of IBBI, ED of NeSL Smt E. P. Nivedita, Team NeSL, and several other dignitaries.

Top Colleges in India 2023 revealed by Basictell

Basictell compiles its annual list of the best colleges in India for 2023 based on multiple ranking criteria, such as the National Institutional Ranking Framework (NIRF) and other accredited institutions.

Two start-ups incubated at NSRCEL present their products on the second season of Shark Tank India

During March, VsnapU and GO DESi, two start-ups nurtured by NSRCEL, presented their products and solutions on the second season of ‘Shark Tank India’. In this show, entrepreneurs present their ventures to a panel of investors known as ‘Sharks’, who decide if they are interested in investing their resources into the presented venture.

NSRCEL’s start-up, VsnapU, is a technology platform that aims to streamline the photography industry by providing photography services worldwide. Their platform is designed for freelance photographers, videographers, food stylists, and cinematographers. The start-up is currently operational in approximately 100 cities and 28 countries, utilizing a tech-based approach.

NSRCEL’s start-up, GO DESi, strives to make traditional Indian subcontinent products more accessible and relevant to customers by ensuring quality and authenticity. Their mission is to revitalize the ‘desi foods’ category by overcoming the obstacles it faces and expanding its appeal and accessibility.