IIT alumni hold innovation meet for entrepreneurs

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Recently, the Indian Institute of Technology Alumni of Victoria held a networking event with the theme – “The Innovation Paradigm – From idea to investment”, which was organized in collaboration with The Technology and Innovation Club at Melbourne Business School, University of Melbourne.

The entrepreneurship-networking event was attended by more than 35 IIT alumni, business school students and industry members.

Speakers at the event included entrepreneur Sameer Babbar, MD of SVB Group. He has held senior executive positions in the technology sector in Australia, Middle East and India since 1991. Another key speaker was Dr Kwanghui Lim, Associate Professor (Strategic Management, MBS) who initiated an interesting academic debate after his speech.
“For all those people looking at avenues and opportunities for entrepreneurship, it was a welcome sign,” said Vivek Bharadwaj, president of Technology & Innovation Club, Victoria.

Babbar highlighted the challenges that entrepreneurs in the Australian environment face and also shared many of his business experiences with the audience. He also gave quite a number of tips to entrepreneurs from the sub-continent on conducting business in Australia. He also provided an insight to entrepreneurs on avenues they can look into while investing here.

Dr Lim focused on ‘technology and entrepreneurs’ and provided an academic perspective on the topic. His speech was followed by a debate on whether a formal framework or business experience is required for running a good business.

This was followed by a question and answer session, which threw up some interesting viewpoints to both their speeches. The discussion was moderated by Nikhil Kumar, a member of the IIT Alumni Association, who has worked in Australia for 25 years.

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