IIT Delhi placement witnessed this year is four percent more than what was seen the previous year. The delightful point with regards to IIT Delhi placement is that it has remained impressive despite conditions being not so pleasing.

Lock down to regulate COVID-19 led to reduction in earnings, job cuts. The picture on the economic front appears to be gloomy by and large though a ray of hope is still there.

Sources from the premier educational institution said IIT Delhi placement witnessed this year has excelled the previous year’s record.

IIT Delhi placement 2020

The job offers received this time are over 1100 and this included the pre-placement ones that were made to the students of IIT Delhi by various national and international organisations.

IIT Delhi placement showed that about 85.6 percent undergraduate and post graduate students who availed the placement services this time got posted.

IIT Delhi placement this year shows that about 31 percent of the job offers during this year’s placement (academic year 2019-2020) came from core sector.

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IIT Delhi placement this time also witnessed about 23 percent of the participants getting jobs in IT sector, 13 percent from analytics, nine percent of job offers were from consulting.

And seven percent of job offers in this time’s IIT Delhi placement came from management sector and the same with regards to finance sector remained three percent.

IIT Delhi placement 2020 – For IIT Delhi placement season for academic year 2019-2020, over 430 organisations have registered and job offers that have poured in are more than 600.

It is interesting to note that, earlier, second phase of IIT Delhi placement had to be conducted once again as many companies took back the job offers.

There is one hope across the nation and that is the situation would get better and better as the time moves ahead.

About IIT Delhi

Indian Institute of Technology Delhi is one of the 23 IITs created to be Centres of Excellence for training, research and development in science, engineering and technology in India.

Established as College of Engineering in 1961, the Institute was later declared as an Institution of National Importance under the “Institutes of Technology (Amendment) Act, 1963” and was renamed as “Indian Institute of Technology Delhi”.

It was then accorded the status of a Deemed University with powers to decide its own academic policy, to conduct its own examinations, and to award its own degrees.

IIT Delhi placement 2020

Indian Institute of Technology (IIT) Kharagpur has collaborated with z21 Ventures, an early-stage venture capital firm operated by its alumni. The z21 venture capital firm founded by IIT Kharagpur alumni will invest a total of Rs 2.5 crore in this partnership. The institute mentioned in a statement on Friday that the preliminary investment per team in this collaboration will be Rs 25 lakh.

As a result, IIT Kharagpur and z21 Ventures are joining hands to start an innovative program to provide final-year students with the necessary support and resources to create a successful startup.

The accelerator is created to leverage exceptional talent from IIT Kharagpur, turning ambitious ideas into market-ready startups. It will provide participants with unparalleled access to mentorship, funding, and premium resources. Centred on developing technological, scalable solutions to global challenges, the program will combine the latest research capabilities by IIT Kharagpur with the investment success cultivated by z21 Ventures to empower student entrepreneurs to make lasting, transformative changes.

• Mentorship: Direct guidance from successful entrepreneurs, industry experts, and venture capitalists.
• Seed Funding: Access to early-stage funding opportunities to ignite their ventures.
• Workshops and Training: Tailored sessions on business-building necessary features, including business development, product-market fit, fundraising, and scaling operations.
• Networking: Opportunities to connect with a wide network of investors, successful entrepreneurs, and corporate leaders, that promote partnership and business development.

The accelerator is designed to tap into the immense talent pool at KGP and translate bold ideas into marketable ventures. It offers a platform with unmatched access to mentorship, funding, and top-tier resources for participants. The focus of this program would be on building technical, scalable solutions to global challenges by leveraging IIT Kharagpur’s cutting-edge research along with proven investments in z21 Ventures. This is meant to empower student entrepreneurs to change the world.

First cohort and the structure of the program

The accelerator program will accept up to 10 teams in the first cohort. Throughout the program, these teams will continue to receive mentoring, strategic guidance, and seed funding in efforts to develop their ideas into products. Participants will also tap into the extensive network of z21 Ventures’ industry experts, successful entrepreneurs, and experienced advisors dedicated to guiding them toward market success. Critical infrastructure support would also be offered by IIT Kharagpur even after graduation to ease the transition from idea development to execution.

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“Start-up Accelerator Program with z21 Ventures, founded by our esteemed IIT alumni, to launch the ‘KGP Forge Entrepreneur’ is a structured accelerator program created to teach the students about company building, basic company finance and company law, fundraising etc. It is a significant step toward empowering our BTech, MTech, and PhD students. This collaboration aims to provide budding entrepreneurs with mentorship, resources, financial support and professional networks sufficient to convert their ideas into successful startups”, said V K Tewari, Director, of IIT Kharagpur. KGP alumni can also participate in this transformative program, in case they collaborate with current KGP students on their founding teams.

Conclusion

The IIT Kharagpur and z21 Ventures collaboration marks a transformative step in advancing student entrepreneurship. With its first cohort set to support up to 10 teams, this accelerator program gives aspiring entrepreneurs a solid platform from which they can turn innovative ideas into impactful startups. Combining cutting-edge research from IIT Kharagpur with investment expertise from z21 Ventures, this initiative will focus on scalable solutions to global challenges. This is done through mentorship, funding, and comprehensive resources to equip the participants to make meaningful contributions and lay the foundation for generations yet to come of trailblazing innovators.