21st Century India is buzzing with Business Investment opportunities. Over the last few decades, India has seen massive growth in the number and funding of start-ups and has consolidated its rank in the world’s driving community for innovative development and entrepreneurship.
The government’s focus on supporting budding entrepreneurs is quite possibly the reason behind the extraordinary growth of startups in India. The government has carried out many plans and initiatives to support start-ups.
According to the article by Inc42, about 68K+ Indian Startups have been launched by January 2024. The article further highlights Goldman Sachs reports stating that the cumulative count of working-age Indians earning over $10,000 has experienced a Compound Annual Growth Rate (CAGR) of 12.6% from FY19 to FY23. This rate far surpasses the growth pace of the entire working-age population, which stood at 1.4% during the same timeframe. As one of the fastest-growing economies, India further fosters an environment for more startups to flourish.
According to the Annual Economic Survey 2023, one of the most notable achievements of India’s startup ecosystem is job creation; The startup is expected to create about 10 million jobs by 2024.
There is a surge in the need for sustainable businesses given the the current socio-economic scenario. The UN also emphasizes how small and medium-sized sustainable enterprises drive the growth of the private sector and play a crucial role in achieving global goals. Entrepreneurs must take responsibility for their actions and contribute to a sustainable future. At the heart of sustainability are green technologies that support economic development.
Entrepreneurial Mindset in Students
It is more important than ever for students to develop an entrepreneurial mindset. An entrepreneurial mindset depends on students and a new industry because that allows them to think outside the box and see the world differently. This allows them to become more proactive and responsible in their career path.
Having an entrepreneurial mindset hones you in skills that create tremendous value. You see a world, a place full of possibilities, and are always looking for ways to turn your ideas into reality. You want to take the risk and experiment because failure is the path to business.
Students Brainstorming at Trade Tower
Woxsen’s Trade Tower: Empowering Young Entrepreneurs
Woxsen University Trade Tower is a startup incubator that aims to create a startup ecosystem for unicorns to participate in. The Incubation Center is open to all Woxsen University students and non-student entrepreneurs who meet the entry requirements for their business plan. The business tower was built to create a sustainable business development ecosystem.
In the first place, it gives a learning climate where students can foster their business thoughts risk-free. Second, it directs the department and provides business-related understanding, potential, and apprehension. Thirdly, they assist students in developing an interest in starting a business and entrepreneurial skills. Business incubators master and foster their skills, to rule in the realm of work.
How Woxsen University Business School Incubator works:
Phase 1: Innovation
In this course, students generate ideas and refine those ideas into customer-centric prototypes.
Phase 2: Business Analysis
In the second phase, viable business with the advice of industry experts and academics is developed.
Phase 3: Business Advice
The founders develop their plans and strategies with the help of consultants.
Phase 4: Marketing
Get your ideas to market with marketing technology and intellectual property management.
Phase 5: Financing
Submit your business plan to the members of the Woxsen Foundation. Obtain Seed funding from sources through the negotiating table.
Below are some startups that were incubated at Woxsen
Flexfit, PINIT, Deepum Tech, The Hydroponics Company, Pluto, Fanatic Kalakaar, Maia Cares, Ask Anna and Magic Spin. Know more about startups incubated at Woxsen here.
Startups Incubated at Woxsen University
For entrepreneurs harboring a groundbreaking business concept, Trade Tower presents an excellent starting point. The incubator’s distinctive approach to entrepreneurship can expedite student growth and propel them toward accomplishing their objectives.
Panel Discussion at INFINITY’24
INFINITY’24
Woxsen University’s Infinity ’24 event at Woxsen University Campus promises a mix of entertainment, talent showcases, and interdisciplinary networking opportunities, embracing the ambiance and inspiration.
Dr. Indira Das Molugumati, moderating INFINITY 24’s panel on ‘Sustainable Innovation: The Confluence of Responsible Entrepreneurship and Cutting-edge Research,’ championed the call for responsible entrepreneurship and advanced research.
During the session, Mr. Jay Prakash, Head of Corporate Communications at NMDC Limited, outlined initiatives to reduce carbon footprint, including AI-driven training and extensive afforestation, underscoring the crucial role of responsible mining in achieving Sustainable Development Goals (SDGs). Mohit Goel, the founder and CEO of Metalok, and Sumanth Unnam, Strategy Consultant at IBM, echoed these sentiments, emphasizing the adoption of green technologies and educational programs in their respective organizations.
The conversation delved into ideas for green skills development through collaborations with Woxsen, exploring the potential of AI in fostering sustainable practices. Despite the emergence of challenges and diverse perspectives, the overarching theme emphasized the need for a collective effort – a harmonious synergy of conscious businesses, innovative minds, and skilled individuals – to forge a sustainable future.
Such dialogue by top leaders on platforms like Infinity’24 nurtures students to explore core areas that encompass sustainability and innovation.
Applied Learning in Woxsen University
Students need to prepare themselves beyond classroom learning in today’s fast-paced economy. The world operates on a global scale. How can we prepare students for success after graduation? Apply what you have learned in the real world. This is the heart of applied learning at Woxsen University.
Woxsen University boasts cutting-edge laboratories, featuring Asia’s Largest Bloomberg Lab, an AI and Robotics Studio, and a Digital Design Lab, providing students with hands-on experience. The Bloomberg Finance Lab, equipped with 20 terminals, offers practical exposure to real-world financial scenarios, fostering a genuine understanding of the field. The AI and Robotics Studio serves as a hub for innovation, while the Digital Design Lab, equipped with advanced technology, supports design research. These state-of-the-art facilities prepare students for the dynamic challenges in their respective fields.
Woxsen University’s Global Approach
Woxsen shines bright as a Global University in India, providing world-class education in its 200-acre state-of-the-art campus in Hyderabad. Woxsen has partnered with 120+ Global Partner Universities many of which are QS Ranked, World Financial Times Ranked, and Triple Crown Universities, spread across 50+ Counties. The policies at Woxsen University oversee the compliance of our curriculum with international standards, global awareness, knowledge acquisition, international development related to the education system, and mobility between institutions.
Those who want to gain knowledge through practical exposure can apply to 9 undergraduate programs and MBA programs here.
UG Programs
- B.Tech–
- BBA (Hons.)
- B. Arch
- B.Des (Hons.)
- BA (Hons.)
- BA-LLB (Hons.)
- BBA-LLB (Hons.)
- B.Sc (Hons.)
- B.C.A (Hons.)
- MBA programs
The Indian government supports start-ups with a comprehensive support system focusing on technology and transformation. The government is promising access to finance to create a startup ecosystem and contribute to a greener and more inclusive future. Incubators at Woxsen University can help young entrepreneurs develop by providing these tools. Woxsen plays a significant role in fostering entrepreneurship among students. The Trade Tower cultivates an environment that motivates students to step beyond their comfort zones and initiate entrepreneurial endeavors. Student involvement in entrepreneurship not only facilitates business startups but also imparts valuable lessons, contributing to their holistic growth. Instilling in them a sense of sustainability and responsibility towards them, through constructive dialogue will only contribute to creating sensible businesses led by responsible leaders.
21st Century India is buzzing with Business Investment opportunities. Over the last few decades, India has seen massive growth in the number and funding of start-ups and has consolidated its rank in the world’s driving community for innovative development and entrepreneurship.
The government’s focus on supporting budding entrepreneurs is quite possibly the reason behind the extraordinary growth of startups in India. The government has carried out many plans and initiatives to support start-ups.
According to the article by Inc42, about 68K+ Indian Startups have been launched by January 2024. The article further highlights Goldman Sachs reports stating that the cumulative count of working-age Indians earning over $10,000 has experienced a Compound Annual Growth Rate (CAGR) of 12.6% from FY19 to FY23. This rate far surpasses the growth pace of the entire working-age population, which stood at 1.4% during the same timeframe. As one of the fastest-growing economies, India further fosters an environment for more startups to flourish.
According to the Annual Economic Survey 2023, one of the most notable achievements of India’s startup ecosystem is job creation; The startup is expected to create about 10 million jobs by 2024.
There is a surge in the need for sustainable businesses given the the current socio-economic scenario. The UN also emphasizes how small and medium-sized sustainable enterprises drive the growth of the private sector and play a crucial role in achieving global goals. Entrepreneurs must take responsibility for their actions and contribute to a sustainable future. At the heart of sustainability are green technologies that support economic development.
Entrepreneurial Mindset in Students
It is more important than ever for students to develop an entrepreneurial mindset. An entrepreneurial mindset depends on students and a new industry because that allows them to think outside the box and see the world differently. This allows them to become more proactive and responsible in their career path.
Having an entrepreneurial mindset hones you in skills that create tremendous value. You see a world, a place full of possibilities, and are always looking for ways to turn your ideas into reality. You want to take the risk and experiment because failure is the path to business.
Students Brainstorming at Trade Tower
Woxsen’s Trade Tower: Empowering Young Entrepreneurs
Woxsen University Trade Tower is a startup incubator that aims to create a startup ecosystem for unicorns to participate in. The Incubation Center is open to all Woxsen University students and non-student entrepreneurs who meet the entry requirements for their business plan. The business tower was built to create a sustainable business development ecosystem.
In the first place, it gives a learning climate where students can foster their business thoughts risk-free. Second, it directs the department and provides business-related understanding, potential, and apprehension. Thirdly, they assist students in developing an interest in starting a business and entrepreneurial skills. Business incubators master and foster their skills, to rule in the realm of work.
How Woxsen University Business School Incubator works:
Phase 1: Innovation
In this course, students generate ideas and refine those ideas into customer-centric prototypes.
Phase 2: Business Analysis
In the second phase, viable business with the advice of industry experts and academics is developed.
Phase 3: Business Advice
The founders develop their plans and strategies with the help of consultants.
Phase 4: Marketing
Get your ideas to market with marketing technology and intellectual property management.
Phase 5: Financing
Submit your business plan to the members of the Woxsen Foundation. Obtain Seed funding from sources through the negotiating table.
Below are some startups that were incubated at Woxsen
Flexfit, PINIT, Deepum Tech, The Hydroponics Company, Pluto, Fanatic Kalakaar, Maia Cares, Ask Anna and Magic Spin. Know more about startups incubated at Woxsen here.
Startups Incubated at Woxsen University
For entrepreneurs harboring a groundbreaking business concept, Trade Tower presents an excellent starting point. The incubator’s distinctive approach to entrepreneurship can expedite student growth and propel them toward accomplishing their objectives.
Panel Discussion at INFINITY’24
INFINITY’24
Woxsen University’s Infinity ’24 event at Woxsen University Campus promises a mix of entertainment, talent showcases, and interdisciplinary networking opportunities, embracing the ambiance and inspiration.
Dr. Indira Das Molugumati, moderating INFINITY 24’s panel on ‘Sustainable Innovation: The Confluence of Responsible Entrepreneurship and Cutting-edge Research,’ championed the call for responsible entrepreneurship and advanced research.
During the session, Mr. Jay Prakash, Head of Corporate Communications at NMDC Limited, outlined initiatives to reduce carbon footprint, including AI-driven training and extensive afforestation, underscoring the crucial role of responsible mining in achieving Sustainable Development Goals (SDGs). Mohit Goel, the founder and CEO of Metalok, and Sumanth Unnam, Strategy Consultant at IBM, echoed these sentiments, emphasizing the adoption of green technologies and educational programs in their respective organizations.
The conversation delved into ideas for green skills development through collaborations with Woxsen, exploring the potential of AI in fostering sustainable practices. Despite the emergence of challenges and diverse perspectives, the overarching theme emphasized the need for a collective effort – a harmonious synergy of conscious businesses, innovative minds, and skilled individuals – to forge a sustainable future.
Such dialogue by top leaders on platforms like Infinity’24 nurtures students to explore core areas that encompass sustainability and innovation.
Applied Learning in Woxsen University
Students need to prepare themselves beyond classroom learning in today’s fast-paced economy. The world operates on a global scale. How can we prepare students for success after graduation? Apply what you have learned in the real world. This is the heart of applied learning at Woxsen University.
Woxsen University boasts cutting-edge laboratories, featuring Asia’s Largest Bloomberg Lab, an AI and Robotics Studio, and a Digital Design Lab, providing students with hands-on experience. The Bloomberg Finance Lab, equipped with 20 terminals, offers practical exposure to real-world financial scenarios, fostering a genuine understanding of the field. The AI and Robotics Studio serves as a hub for innovation, while the Digital Design Lab, equipped with advanced technology, supports design research. These state-of-the-art facilities prepare students for the dynamic challenges in their respective fields.
Woxsen University’s Global Approach
Woxsen shines bright as a Global University in India, providing world-class education in its 200-acre state-of-the-art campus in Hyderabad. Woxsen has partnered with 120+ Global Partner Universities many of which are QS Ranked, World Financial Times Ranked, and Triple Crown Universities, spread across 50+ Counties. The policies at Woxsen University oversee the compliance of our curriculum with international standards, global awareness, knowledge acquisition, international development related to the education system, and mobility between institutions.
Those who want to gain knowledge through practical exposure can apply to 9 undergraduate programs and MBA programs here.
UG Programs
- B.Tech–
- BBA (Hons.)
- B. Arch
- B.Des (Hons.)
- BA (Hons.)
- BA-LLB (Hons.)
- BBA-LLB (Hons.)
- B.Sc (Hons.)
- B.C.A (Hons.)
- MBA programs
The Indian government supports start-ups with a comprehensive support system focusing on technology and transformation. The government is promising access to finance to create a startup ecosystem and contribute to a greener and more inclusive future. Incubators at Woxsen University can help young entrepreneurs develop by providing these tools. Woxsen plays a significant role in fostering entrepreneurship among students. The Trade Tower cultivates an environment that motivates students to step beyond their comfort zones and initiate entrepreneurial endeavors. Student involvement in entrepreneurship not only facilitates business startups but also imparts valuable lessons, contributing to their holistic growth. Instilling in them a sense of sustainability and responsibility towards them, through constructive dialogue will only contribute to creating sensible businesses led by responsible leaders.
