Delhi school students turn young entrepreneurs; bag hefty investments

The world’s largest start-up program, Business Blasters, according to the Delhi government, paved the way for the New Year by broadcasting its seventh episode on Saturday, January 1, 2022.

The show saw multiple student company success stories in that episode, where students presented business ideas to jurors, Sanjeev Bijli, Joint Managing Director at PVR, Tara Vachani, Vice Chairwoman of Max India and Dy. CM of Delhi, Manish Sisodia, urged the government.

Business Blasters is India’s first televised event of its kind, giving 11th and 12th grade students from Delhi Government Schools the opportunity to introduce their projects to investors and raise investment capital to take them to the next level.

The show will witness student business ideas shortlisted from 51,000 ideas submitted by 300,000 students.

A press release from the Delhi government said: “The first team on the show was Royal Bath, a team that makes inexpensive natural soaps. What began as a project in the kitchen of team leader Hardik is now a full-fledged shop in which they sold 40 kg of soap to hotels. “

In order to reinforce their production with better machines, Hardik, Shiv, Sagar and Hamza presented their idea to the judges on the show.

Impressed by their idea, the judges offered them start-up capital worth Rs 2 lakh, with each judge offering Rs 1 lakh. Bijli offered them the opportunity to train branding with PVR while Vachani gave them the opportunity to train at Max to learn more about manufacturing and supply chains. Happy about the receipt of the seed capital and mentorship, said Hardik:

“Working on the Business Blaster project gave me the confidence to lead this project. I switched from a private school to a state school and this switch is already paying off. With this start-up capital, my team is looking forward to expanding and diversifying our product line in the future. “

The second team “Sensor Magic” took advantage of the need for social distancing in the new normal and developed the idea of ​​a doorbell that can be rung without touching the switch with a simple swipe.

Team leader Krishna had the idea and his teammate Abhishek was enthusiastic. Working with Aditya and Sakshi, the team created a prototype and also sold 16 pieces, bringing in a profit of 2,200 rupees.

Team leader Krishna said: “This product is available in different sounds and colors. We also have a prototype for a wireless doorbell. “

The team received a seed capital of Rs 1.05 lakh, with Rs 65,000 contributed by Ms. Vachani and the rest from Mr. Bijli.

The next team, called Drive Clean, set out to develop environmentally friendly car air filters that would allow people to change their car filters frequently to save fuel and contain air pollution without burning a hole in their pockets.

The team leads Mohd. Sahil conceived this idea when he saw his father working in an air filter manufacturing department and decided to use his expertise to run a thriving business in the future.

They sold their first 15 pieces to a nearby workshop because of their good quality, which initially gave them a good reputation. Sahil, Sunder, Saurabh and Mukesh presented their product to the judges and collected Rs 1.20 lakh from the judges, with Ms. Vachani 65,000 and Ms. Bijli contributing the remainder of 55,000 rupees.

They were also assured of a smooth GST registration by Mr. Sisodia. Upon receiving the money, Sahil said, “We have already sold 650 units and made a profit of Rs. 14,700 in one week. With the huge response we’re getting from stores, stores, and even showrooms, we’re confident that we can use this extra seed capital to grow our product and sell more. “

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