Within less than a month of the launch of its StartNXT Ideathon program, Edtech Superapp Ken42 has recorded over 13,000 registrations from students of leading universities across the country. The company announced the launch of the startup acceleration program at the beginning of July itself, inviting students to submit their innovative ideas and have received an overwhelming response for the same. The Ideathon will be conducted in association with the Federation of Indian Chambers of Commerce and Industry (FICCI) with support from multiple corporate giants.
Over 30 universities have participated across the country with leading names including IIT Kanpur, Indian School of Business (ISB), IIT Delhi, St. Xaviers Kolkata, Vellore Institute of Technology, Rajiv Gandhi Institute of Technology, National Institute of Technology Delhi, IIMT College of Engineering, BITS Pilani, IIT Bhubaneshwar, IIT Varanasi, Manipal Academy of Higher Education, Birla Institute of Technology Mesra Ranchi, IIT Jammu.
The entries also include international institutions like RMIT University Melbourne and James Cook University Singapore International Campus.
Talking about the program, Ganesh Raju, Founder & CEO, Ken42 said “We are delighted to receive such an overwhelming response from leading institutions across different cities in India. The core purpose of kickstarting this 6-month acceleration program was to provide a solid impetus to generate a new wave of future-ready leaders. However, we are hoping to double the number of entries received so far by the end of the registration period, with more students to share their ground-breaking ideas.”
The purpose of the StartNXT Ideathon is to facilitate innovation and entrepreneurship in India. After idea submission, refinement, solution generation, and evaluation, pitching, and assessments, the most impactful ideas will be recognized with cash prizes and assistance in building a company.
Ken42 is awarding the Top 3 winners with funding up to INR 2 crores each, and INR 10 lakh each to the runners-up as well, along with internship opportunities with leading startups and firms. Students will also have access to one-on-one mentor sessions with noteworthy Turbostart advisories where they will receive guidance from industry experts.