E Cell IIT Kharagpur Associates With J K Menon, Interworld Commnet As Executive Partners For Negocio
Mr. JK Menon C.E.O of Interworld Commnet is going to judge the Negocio Business Plan competition organized by eCell at VGSoM, IIT Kharagpur and IIT Delhi on 14 January 2011. He has an extensive history in the world of web development and mobile application development by delivering a comprehensive suite of services which have helped clients in leveraging their businesses on the Internet.
- (1888PressRelease) January 14, 2011 - With the number of mobile handsets in India crossing 500 million, today the question is if one of these finalist have the potential to tap the mobile market of more than half of India's population? With social networking being the new buzz word in the cyber world, the contenders are getting ready to unsheathe its full potential.
Negocio is a web- and mobile-application based B-Plan competition organized by eCell. The competition is going to conduct at VGSoM, IIT Kharagpur. The competition promises to bring out new ideas and formulate revolutionary revenue models in the Web and Mobile Apps Spectra which are yet to be ventured. This competition will validate the fact that the Web 2.0 bubble is far from bursting and market for Mobile 2.0 is ripe. There is huge opportunity for web and mobile based applications because of the increasing pace of Internet and 3g mobile penetration.
There are various annual competitions conducted by E-Cell. There was various teams which had taken part in the competition from all over India. This competition provide a platform for students to get excellent professional mentorship from experienced, varied and distinguished mentor pool, and to showcase their ideas in front of Venture Capitalists, Angel Investors and Industry Leaders. The competition is divide into rounds in order to provide better opportunities for the dedicated students. For the first round participants have to submit executive summary of their idea and should explain their revenue model. For the second round participants were advised to come with a working model of their website, although it wasn't made mandatory. It contained revenue model, target market description and also rough marketing plan. The participants also needed to discuss the uniqueness of their own idea.
The teams which had performed well and has been shortlisted for the 2nd round are:
1. Go_Geo- Udit Dave (NMIMS University)
2. GeoBuzz - Sachin Kanaujia, Rajdeep Singh, Nishant Sonthalia, Pratik Sanyal (KJ Somaiya Institute
of Management Studies and Research and IBM)
3. Value Cards- Jatin Grover, Prateek Jajoo (VGSoM, IIT Kharagpur and IIT Delhi)
4. Mobile Commerce - Sibashish Patnaik, Avijit Mohapatra, M. Vijay Bhaskar (IIM Ahmedabad)
5. Saavi - Priyank Agarwal, Nidhi Tenguria, Anshat Singhal (XLRI, Jamshedpur)
6. Route Engine- Vijaykumar B S, Shiva Raman S, Rajanish S D, Praveen S (IIM Lucknow)
7. Prometheans- Sushant Sharma, Gaurav Patel (IIM Lucknow, XLRI Jamshedpur)
8. Mighty- B. Appalanaidu (Vignan's IIT, Vishakhapatnam)
9. Haplaw- Abhijit Sinha, Rohit Ragupal, Keshav L, Ashish Vaswani (BITS Pilani)
10. Octal- Manan Khurma, Mayank Kumar (IIT Delhi Alumni)
Contact Information:
Name: J K Menon
Company: Interworld commnet
Country : India
Phone : +91-92163 15776
E-mail : jkmenon ( @ ) innovativepeople dot com
Website : http://www.innovativepeople.com
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