Responding to the need of the hour of the country, which is to encourage youth to become entrepreneurs instead of job seekers, the MBA students of HBS gave shape to a business idea- a portal for students on college campuses, called ApneAdda.com.
The students, Vinodh Kumar, Sai Krishna, Srinivas, Srujana, Arun and Jayaprakash have decided to launch this business idea, when it was appreciated during their presentation at Nirma University. This business idea was given a third place at a National Level Business Idea Contest held at Ahmedabad.
At a minimal cost of Rs.16,000, the students created this website as an online corner for students for sharing ideas about various issues affecting them. The students acknowldeged the support of HBS faculty members who, through their creative teaching methodology, created in them the initial passion for financial and marketing strategies, and on how needs of society can be turned usefully into business opportunities.
Luanching the website in the presence of students and faculty members of HBS, the Dean and Director of HBS, Prof.S.S.Prasada Rao complimented the students for thier ambition to learn management concepts by ‘doing’ real business using world wide web, especially when online trading is picking up momentum.