Alumni News
Hemant Soreng’s Everest Summit SuccessTriumph Marks 50 Years of IIM Bangalore
As IIM Bangalore celebrates its golden jubilee, we proudly spotlight an extraordinary feat from our alumni. Hemant Soreng (PGP 1997) recently summited Mount Everest, demonstrating remarkable courage and determination despite enduring frostbite. Upon his triumphant return, a captivating photo captured him proudly displaying the IIMB logo atop the world’s highest peak.
Hemant’s journey exemplifies the resilience and excellence that define IIM Bangalore, underscoring our enduring spirit as we commemorate fifty years of academic leadership and achievement.
IIM Bangalore Establishes India’s First Private Equity Centre of Excellence with Rs 17.5 Crore Donation from Alumnus Mathew Cyriac
The Indian Institute of Management Bangalore (IIMB) is set to establish the country’s first private equity centre of excellence within an academic institution, funded by alumnus Mathew Cyriac (PGP 1994), Executive Chairman of Florintree Advisors. Cyriac, a former co-head of private equity for Blackstone India, is contributing Rs 17.5 crore to this initiative, marking the largest single alumni donation received by IIMB.
The funding will be used for establishing the centre, a chair professorship, scholarships, and naming four classrooms after former IIMB professors Prakash G Apte, Prasanna Chandra, S Sundararajan, and George Varughese. Cyriac envisions the centre as a global hub for research and education in private equity, fostering collaboration among academics, practitioners, and regulators to nurture PE talent.
Named the ‘Tony James Centre for Private Equity and Venture Capital at IIMB’ in honor of Hamilton Evans ‘Tony’ James, former President and Executive Vice-Chairman of Blackstone, the centre aims to bridge the gap in industry-academia collaboration and research on private equity’s impact on Indian businesses.
Cyriac noted that while high-visibility deals in private equity attract attention, there is a lack of in-depth research and educational programs focused on this field in Indian business schools. The centre will address this gap by focusing on research, highlighting private equity’s positive impact on the Indian economy, and engaging with industry participants, including general and limited partners, as well as regulators and businesses. It will also develop case studies and training modules related to private equity investing and host global PE leaders.
Tony James expressed his support, emphasizing private equity’s significant contribution to India’s economy by providing entrepreneurs with essential equity capital. He looks forward to collaborating with IIMB to build the centre into a world-class institution.
Umanshi Wins Gold at ET BrandEquity Kaleido Awards 2024 for ‘The Unbroken Coldchain’ Campaign
Standing tall on the stage of the ET BrandEquity Kaleido Awards 2024, one of India’s most prestigious marketing recognitions, Umanshi Marketing and Branding has achieved a remarkable victory. Their campaign, ‘The Unbroken Coldchain’ for Celcius Logistics Solutions Pvt Ltd, secured the Gold award in the PR for Supply Chain, Logistics, and Service Delivery App categories.
Umanshi’s dedication to democratizing marketing for SMEs and startups shone brightly as they stood alongside industry giants. A heartfelt thanks to ET and the esteemed jury members for acknowledging our impactful work!
Founded by Tamanna Gupta, an EPGP 2014 alumna of IIM Bangalore, Umanshi continues to set new benchmarks in the marketing industry, proving that innovative and effective campaigns can come from enterprises of all sizes.
IIMB Ranks in Global Top 50 in QS World University Rankings by Subject
The Indian Institute of Management (IIM) Bangalore has been ranked among the top 50 institutes for Business and Management Studies in the Quacquarelli Symonds (QS) World University Rankings by Subject 2024. At #32 globally, IIM Bangalore has significantly improved from its 61st rank last year.
IIM Bangalore Director, Prof. Rishikesha T Krishnan, remarked, “At IIMB, we aim to provide the best learning experience to our students and place great emphasis on their holistic growth. Our focus has been towards developing strong leaders who can be enablers and change makers of tomorrow.”
The QS methodology to derive rankings includes Academic Reputation, Employer Reputation, Citations per Paper, and H-index citations. IIMB achieved an overall score of 81.2 out of 100 points, scoring highly in Employer Reputation (84.8) and Citations per Paper (82).
Following closely behind IIMA (82.9 score), IIM Bangalore received the #2 rank amongst Indian institutes for Business and Management studies.
IIMB launches UG programs with three-year online BBA in Digital Business & Entrepreneurship.
Building skilled individuals that can sustain the evolution of the digital economy, IIM Bangalore becomes the first IIM to offer an online, market aligned program, commencing September 2024.
The program will deliver scalable, accessible and affordable access to digital learning, combining #DigitalTechnology, #Entrepreneurship and #BusinessManagement industries.
“The program deploys creative mechanisms to sustain engagement and flexibility, giving you skills that have an immediate application in the broader marketplace”, said IIMB Director Prof. Rishikesha Krishnan.
In accordance with the National Education Policy and UGC Guidelines, it engages a stackable approach with specific outcomes at the end of each year.
Year 1- Certificate, Year 2- Diploma, Year 3- Degree in BBA DBE
Eligibility requirements: Entrance test, basic qualifying requirement of 60% in Std. 12th, with a targeted intake of 1000 students. Applications open: June 15, 2024.
For details, visit: https://dbe.iimb.ac.in/
IIMB is a nationally and globally recognized Management Educator (NIRF rank #1 in Management & National Coordinator in Management for SWAYAM).
The program will harness IIMB’s expertise as a leading academic incubator to design and deliver a curriculum focused on Management in Year 1 and Entrepreneurship & Digital Business in Years 2 and 3.
Anusmaran 2024 UK Chapter
Recap of Anusmaran, the successful alumni reunion by IIM Bangalore Alumni Association (IIMBAA) UK Chapter! Held recently at The Oval, London, this event was a delightful blend of nostalgia and camaraderie.
Alumni reunited to relive memories, enjoy live music, and savor a delicious lunch while staying updated with insights from IIM Bangalore professors. The highlight of the day was a thrilling live cricket match, adding to the festive atmosphere.
The agenda included:
- Registration and introduction to IIMBAA UK
- Address by Prof Sourav Mukherji, Dean of Alumni Affairs
- Live music performances and entertainment
- Networking over lunch, fostering connections and closing remarks
Thank you to all alumni, families, and friends who joined us for this memorable occasion.
