The Telegraph
Friday , March 7 , 2014
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Website for IIT business brains

Ankesh Gupta, a third-year student of computer science department of IIT-Patna, understood the nuances of entrepreneurship a few months ago.

Ankesh, with his team, designed a gaming zone for fellow mates on the IIT campus. The team used to run the gaming zone at night when IITians used to be free after the daylong grind.

The gaming zone developed by Gupta and his team was an instant hit among the IIT students.

What strategy Gupta and his team adopted that they offered refreshment items like bhelpuri as complimentary to the IIT students.

Within three to four days of the business, Gupta and his team were able to earn around Rs 1,000.

Akhil Sherawat, a third-year student of computer science department of IIT-Patna, earned some fast bucks with his innovative business idea.

Akhil, along with his team, contacted some local poster sellers and they delivered the life-size pictures of renowned figures, like Rafael Nadal, Sachin Tendulkar among others, to their batchmates.

Akhil’s team used to buy the life-size posters and sell it to their batchmates on a profit margin of Rs 20-30. They earned Rs 5,000 in five days

Many such inspiring enterprising stories of IIT-Patna students would now be available on the website of entrepreneurship club of IIT-Patna — — inaugurated on Thursday.

Apart from providing inspiring stories related to the business venture of IIT-Patna students, the website would provide details of the various events organised by it.

The entrepreneurship club members would also upload the inspiring lectures of dignitaries who would participate in the programme organised by itso that start-up entrepreneurs can get enough motivation from them.

Venkatesh Chaturvedi, a third-year electric engineering student, said: “The website has been set up with an aim to ignite the spirit of entrepreneurship among the students by spreading awareness on the risks and opportunities involved in starting one’s company. Members of the club have decided to share their inspiring stories related to their start-up business ventures in the campus. I am sure our stories would definitely inspire others to start their own business.”

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