It is no secret that the Indian Institutes of Technology (IITs) are producing many successful entrepreneurs every year, who are proving their mettle in the most dynamic sectors across the world. There are many reasons behind this well-known fact and all of these can make any Indian proud.
First and foremost, all the students in IIT are made to believe in their own capability rather than depending on any other factors for success. This vote of confidence goes a long way to help these aspirants not only pass out with flying colours, but also make a mark in their professional career.
A strong alumni network also works wonders for the students of IIT, as they get to discuss plans with many corporate magnates and bureaucrats occupying key positions across different industries. There is always a sense of security among the IITians, as they know that the IIT tag is enough to hand them a deal even if they fail for the first time. They have the brand recognition to help them leverage their potential at the top level.
There are many start-ups that have been founded by students who have graduated from IITs. These young and passionate individuals are able to create their own identity after making the most of their time at the IITs. One of the best examples is that of Sanjay Sethi, the founder of Shopclues. On the other hand, entrepreneurs like Sachin Bansal, the founder of Flipkart and Rohit Bansal of Snapdeal, have also come up with unique business ideas to disrupt the ecommerce sector.
Many entrepreneurs have gone a step ahead to become both short term and long-term investors across certain industries. These entrepreneurs identify the start-ups with great capabilities and tap their potential with investment push. One such entrepreneur is Rajat Khare, the founder of Boundary Holding. The Luxembourg-based investor Rajat Khare has also graduated from the esteemed Indian Institute of Technology (IIT) Delhi.
Similarly, there are many other entrepreneurs who are leading the pack in various industries and coming up with innovative ideas and concepts, bringing great recognition to their country, while creating a name for themselves as well. Thus, it won’t be incorrect to say that the IITians are always more likely to succeed as entrepreneurs, on the back of strong fundamentals of these institutes.