Welspun Group Competition 2021

Welspun Group Competition 2021:-

Welspun Group is inviting both undergraduate and Post graduation candidates for the role of Disruptor. Detailed guidelines regarding competition is given below.

30 LPA Highest salary offered – 1650 on & off campus drives annually – 5 Lac + Jobs created in a year – Register & Apply to jobs( BE/BTech preferred )

Company Name:- Welspun Group

Position:- Disruptor

Eligibility: Undergraduate and Post Graduate candidates

Age:– 18+ years

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Required Qualifications & Skills:-

• The competition is open to all undergraduate and postgraduate students above the age of 18, across the country.
• Working professionals are not eligible for Disruptor. 
• Participation can only be in a team of 2-4 members.
• Students from exchange programs can also participate, however, at most one student per team can be on the exchange program, and at least two students should be present during each level of the competition.

General Guidelines:-

• Students can be from any specialization and cross-specialization teams can participate.
• Team members should be from the same college.
• An individual cannot be a part of more than one team.
• Participants are supposed to create and submit original and self-thought business plans, not duplicating any existing business ideas. Proposals received will be strictly verified.
• Any deviation from the aforementioned guidelines will result in the immediate disqualification of the entire team.
• The decisions of the evaluators and investors will be final and binding on all participants.
• All ideas submitted will be the property of Welspun Group.
• The decision of qualifications in each round, final winners, and judgment on all entries lies with Welspun Group alone.

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Competition Structure:-

(1) Idea Submission Round-

• Only registered teams can access the problem statements post 16th August 2021.
• Only one solution per team is allowed. Solutions once submitted cannot be changed.
• If you face any issue while uploading the submission try uploading it in incognito mode.
• Teams need to upload the submission latest by 26th August’21, 11:59 PM on the competition page itself.
• Submission guidelines:
  1. Teams will be given 3 problem statements based on ESG to choose from. Teams will have to submit their ideas in the form of a templatized executive summary.
  2. The executive summary must be in the templatized form of a 1-page document/ 2-slide PPT/ 2-minute video not exceeding 15 MB.
  3. For video submissions, teams can compress their videos through this link- https://www.ps2pdf.com/compress-mp4
  4. Submissions will be evaluated on Problem Identification and Relevance, Innovativeness, Creativity, the feasibility of Implementation, and the Impact (in terms of cost, time impact, impact on beneficiaries, etc.)
  5. Details of the executive summary must include:
     • Theme (mention if the problem statement comes under Environment, Social or Governance issues)
     • The problem statement
     • Analysis/proposed solution to the problem statement (Your big idea)
     • Execution (in brief your strategic plan/structure to reach organizational goals)
     • Naming convention: CollegeName_TeamName_Theme

(2) Masterclasses-

From the executive summaries received, the top 100 ideas will be shortlisted and will be eligible for elusive masterclasses with Welspun leaders. Participating teams will be trained to submit a detailed business plan with an Execution Model, Prototype, and P&L statement.

To prepare you for the grand finale, 90-minute masterclasses will be scheduled covering the following:

1. What qualifies as a business idea and how can it be built? What is ESG? Why and how to incorporate it into a business plan?
2. Why is a prototype important and how to create it?
3. How to create a P&L statement?

(3) Video Submission Round- 

• Post the masterclasses, teams will submit a 10-minute video on the ideas submitted in Round 1, justifying the solution along with an Execution Model, Prototype and P&L statement.
• Teams can get creative with the video, use animation, props, backdrops and more to make the presentation compelling.
• The presentation should address:
  • The issue and its proposed solution
  • The focus of the opportunity of the solution
  • The rationale behind proposing such a solution
  • How the solution will address the given problem statement

(4) Grand Finale-

• Final teams will present their 10-minute presentation ideas to the Welspun investors virtually, followed by a 5-minute Q&A round
• Based on the teams’ presentation delivery, investors will identify the top teams as winners
• Criteria of evaluation include:
  • Problem Identification and relevance 
  • Innovation and creativity in building the solution
  • Research and feasibility of implementation
  • Scenario planning and prototype
  • Business and long-term impact
  • Presentation  

Prizes & Rewards:

• Seed funding of ₹10 lakhs or above
• Welspun Group merchandise
• Certificates of Participation

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Welspun Group Competition 2021 Application Process:-

Apply In Below Link on or before 26th August 2021.

Apply Link :- Click Here To Apply(apply before the link expires)

Note:– Only shortlisted candidates will receive the call letter for further rounds

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