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News & Press: Feb 2012

Launching BITS Spark to fuel entrepreneurship

Saturday, February 18, 2012   (0 Comments)
Posted by: Abhisheak Iyer
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Dear BITSian,

We would like to introduce you to a brand new initiative called BITS Spark. This is a BITS Pilani alumni initiative with a mission to create a vibrant ecosystem, enabling BITSian entrepreneurs to build innovative, high-growth startups.

History tells us that, globally, technical and entrepreneurial universities such as MIT and Stanford have played a major role in the progress of economies and societies. It seems only natural then, that being one of the best engineering schools in India, BITS has the potential to play a very crucial role in shaping India's growth.

BITS has always had a rich tradition of producing entrepreneurial leaders who have founded many influential companies such as Akamai, Bharat Forge, Hotmail, iFlex, Informatica, Onida, Strand Life Sciences and so many more! We are also noticing a lot of young BITSians starting successful companies very early in their career such as Exotel, Gharpay, Grey Orange Robotics, redBus and many more.

While many BITSians have founded companies, many more have risen in large corporations, academia, venture funds, and investment banks. BITS Spark is an initiative to bring the best minds and resources of BITSians to help aspiring and future entrepreneurs that will have a long lasting impact on India's growing economy. BITS Spark's vision is to make BITS Pilani a top 3 institute for entrepreneurship in Asia.

BITS Spark is made up of three primary components: Spark Connect | Spark Mentors | Spark Angels

Spark Connect is a ramp to help aspiring entrepreneurs to get started on their startup adventure with the help of on-campus and post-campus initiatives like CEL, entrepreneurship courses, internships, BITS2Startup, pre-seed funding, workshops and coffee meets.

Spark Mentors is a formal mentoring network connecting BITSian entrepreneurs and startups to highly experienced mentors for coaching and advice.

Spark Angels is an angel network comprising BITSian angels and select non-BITSians for investing in high potential seed stage BITSian startups based in India. In the next few days, you would be receiving information about upcoming events and important dates.

To learn more about this initiative you can start with the following:

To get involved as a startup, mentor, angel or volunteer:

Warm Regards,
Raju Reddy (Chairman, BITSAA Intl.)
Prof. Arya Kumar (Chief, Entrepreneurship Development at BITS Pilani)
Rest of BITS Spark team

BITS Spark is a BITS Pilani alumni initiative. BITSAA does not monetarily gain from any of the entrepreneurial initiatives


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