STRONG IDEAS BUILD IN LITTLE MINDS
Have you all ever noticed that stupendous amount of the most lucrative businesses from the last 2 decades are within the digital world? On a deeper glance, it has become more surprising when you realize that majority of startups were birthed within the minds of college students.Today we hear a ton of buzz in the startup ecosystem about the latest & greatest innovative products from some of the biggest startups initiated by young minds. According to the researchers, one-third of all business incubators are housed on college campuses.
Mark Zuckerberg, Bill Gates, Steve Jobs! Everyone has heard the names of these fiercely successful founders. Acknowledging their success, a true fact that is highlighted here is, they were college dropouts means rather than focus on their education, they spotlighted their disruptive ideas to become what they are today.
Pitching a startup is not everyone’s cup of tea, it is actually like an aircraft flying in a bad weather, loads of obstacles and turbulence to undergo with. You have to be headstrong, keep your stomach tight because there is a long way to go with a lot of ups and downs. Ultimately you have to fly through the journey you started.
Students filing their ideas, commence a venture, start their operations until the time they are in college. Once college is over, there is a competitive market waiting outside. Sometimes parental pressure forces students to give up their entrepreneurial spirit and sit for campus placements. Despite undergoing with pressure, here is a list of campus startups which determined their way to becoming big companies.
Despite undergoing with pressure, here is a list of campus startups which determined their way to becoming big companies:
The man behind Oyo Rooms is Ritesh Agarwal.The startup was founded in 2012.In order to pursue his passion of becoming an entrepreneur, he joined the Indian School of Business & Finance, Delhi but left the college in the Mid-Session to commence his own company.when he was 17, he started his own company Oravel travels, modeled after Airbnb, which later branded out to become OYO Rooms.
Oyo, India’s largest hotel network chain spread across 182 cities with 6500+ hotels offering standardized and hassle free day experiences at a suitable price.Oyo doesn’t actually own hotels, instead, it ties up with certain hotels and acquires some rooms to be given out to people who want to experience Oyo services. Oyo Rooms is a successful venture as it has handled to crack the problem of affordability, cleanliness & availability of budget hotels across all Tier-I & Tier-II cities in the country.
This Delhi-based company was founded by Azhar Iqubal, Deepit Purkayastha and Anunay Arunav. All of the three are dropouts from Indian Institute of Technology. All of them invented the one and only app which delivers only the vital details of the news for all those lazy people who don’t like reading the whole news stories.
The app conveys just the gist of news and also grosses news that contains content like videos, blogs, infographics and summarizes them in 60 words or less.Word of the app got out via alumni network, reaching Sachin and Binny Bansal of Flipkart who downloaded the app and became users. Both of them contacted News In Shorts, co-founders with an investment offer, which evolved into a seed round led by the founders of Travel Boutique Online.
Initially, the company started with just a Facebook page in 2013 and today it is one of the highest rated news app.
The company was launched in 2012 by two IITians Prabhkiran Singh and Siddharth Munot.The founders started working on the seed idea in their college hostels & found their vision to overpass the gap between high quality and price while making fashion affordable and accessible to all.
The founders had a hobby of buying domain names in their college days which they sold in future at a premium. Originally Bewakoof.com was bought 2 years before the brand was launched. The company was started with an initial investment of Rs 30,000 and they received seed funding after 6 months in operations. Further, they raised institutional angel funding from Snapdeal founders Kunal Bahl and Rohit Bansal, and Former IDFC Securities MD, Nikhil Vora.Bewakoof.com sells apparels and mobile phone covers. It covers transactions worth Rs 1.5 crore per month, with t-shirts being their best sellers.
The company was founded in 2008, by Shashank ND & Abhinav Lal graduates of National Institute of Technology (NIT), Surathkal. In early 2008, Shashank ND wanted a second opinion from an American Physician, for an operation that his father was about to undertake. Unfortunately, he was unable to approach the concerned doctor which pushed him to set up a platform where patients can search for their doctors, gather information and consult them easily.
Both the founders commenced their company in Bangalore, in 2008, when they were still in college, in their final year of engineering(B.tech, computer engineering).
Today, Practo has 10,000+ doctors on the system. Over 10 million electronic patient records have been created, over 7.5 million patients and over 7 million appointments are being made every year.Practo.com has over 1,00,000 doctors listed from over 310 Indian cities with wide coverage from the metros of Bangalore, Mumbai, Delhi, Hyderabad, Chennai, Pune, nd Singapore.
So, what are you waiting for, “Your hostel room can be your first office”! And always remember for a campus startup the journey is not that easy. It takes a lot more than a KILLER idea and belief that it will become big and rather requires immense PERSISTENCE, PATIENCE, BUSINESS SMARTNESS and STRONG WILL to turn your hostel room nuisance into a profitable venture.