MDI Gurgaon Fosters Entrepreneurial Fervour Through Megaminds Initiative

MDI Megaminds highlights the institute’s progressive and proactive stance towards facilitating growth opportunities across the startup ecosystem

The building blocks of the business world often start at the business school. This place trains aspirants to master the art and science of management while helping them develop multiple skills like analytical thinking, critical decision making, and people skills. It also provides endless opportunities for networking and pursuing individual interests – creating a more than perfect blend for entrepreneurs and startup founders.

Moving forward with the same idea, MDI Gurgaon, one of India’s leading B-schools, is fostering the entrepreneurial spirit through a unique platform called Megaminds. Created in 2018 by the alumni of the institute, MDI Megaminds is a startup pitch bi-monthly event that gives entrepreneurs/founders an opportunity to showcase their venture to investors and mentors. Each Megaminds event is 2.5 hours long, where 4/5 startups pitch to investors for funding.

In the last two years, over 80 startups have presented here with many raising funds. Even those who did not get funded benefited from the mentorship, visibility as well as networking opportunities that they all received as a by-product. It is a not for profit, voluntary event organised and managed by the alumni of MDI. Startup entrepreneurs that have a proof of concept and need seed funding or have been operational for some time, register for the Megaminds event.

While MDI Megaminds initially brought professional investors (angels, accelerators, etc.) and high-potential startups into the same space, its influence grew substantially later. The platform started generating capital and new interest from non-professional investors, who have now become regular attendees and investors at the event.

So far, over 40 investors are connected via this platform, and it’s growing.

The ripple value effect that the event creates is an inspiration for how knowledge and formal networks can be leveraged to contribute to the dynamic startup ecosystem. The business school’s initiative is surely a visionary one to further empower entrepreneurship in India.

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mdi mdi gurgaon Megaminds entrepreneurship startup

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