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Innovation key to bolster entrepreneurship in India – resonates LIBA INSIGHT 2017

Chennai, March, 2017: With India set to host 11,500 start-ups by 2020, INSIGHT’ 17 a national symposium organized by Loyola Institute of Business Administration (LIBA) witnessed entrepreneurs presenting thoughts and insights on the conducive ecosystem offered by the state. Highlighting the opportunities and potential in Social Entrepreneurship space, the symposium also laid a platform for young innovators to understand the various nuances of business from the industry captains.

Organized in partnership with TVS Capital, TiE Chennai, Villgro and Chennai Angles the symposium witnessed an overwhelming participation over 200 start-ups and students. The power packed sessions offered an exposure for students into the exciting and inspiring lives of business leaders like Mr. Girish Mathrubhootham, Mr. R. Ramaraj, Dr. A. Velumani, Dr. G.S.K. Velu, Ms. Latha Pandiarajan and many more. The sessions also focused on educating young innovators about the key aspects of start-up business like, start–up policies, programmes and regulations.
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Fr. Christie, Director of LIBA said, “LIBA INSIGHT’17 has been organized mainly to educate students about the ecosystem available for the entrepreneurs in India and, to learn from the successful entrepreneurs the challenges and opportunities. With the increase of start-ups in the state, we have set up an incubation centre as part of the C.K. Prahalad Centre for Emerging India. In fact the recent start-up policies announced by AICTE to encourage technical institutes will help in grooming and training the students to take entrepreneurial careers successfully. We hope to create 1,00,000 technology based student entrepreneurs in the next 10 years.”

Mr. R Ramaraj, Serial Entrepreneur and Senior Advisor, Elevar Equity said, “I think this the best time in the history of independent India to be graduating and entering into the business world. There is a fantastic shift in social acceptance compared to few years ago and there is a sincere effort by the government to create a vibrant ecosystem. Where there is a vibrant ecosystem, the probability of successful entrepreneurs goes up exponentially. Encouragement of incubators in institutes and outside is the starting point of an ecosystem.”

Mr. Girish Mathrubootham, CEO & Founder – Fresh Desk said, “I am very happy to be a part of LIBA INSIGHT’17 this year. Marketing plays a very crucial role in the success of business and entrepreneurs should learn the ability of controlled experiments, whilst maintaining work-life balance and playing to the strength is also very critical. Entrepreneurs vision should be to make India a product nation.”

LIBA Insight 2017 was concluded by motivating valedictory speech by Mr. G.S.K Velu, Chairman & Managing Director of Trivitron Healthcare Group of Companies who shared valuable stories from his entrepreneurial journey.

About LIBA : Loyola Institute of Business Administration (LIBA) is a premier B-school, established in 1979 in Chennai. It endeavors to contribute to the sustained development and inclusive growth of the nation, by preparing managers imbued with a spirit of innovation and entrepreneurship. LIBA stands for excellence and ethics. The Institution works with an undeterred zeal to offer its students the best of the education, experience and thereby conducts several activities related to learning for their overall growth and development. Loyola Inclusive Innovation Impact Centre (L3iC), the startup eco-system at Loyola Campus, is co-located at Prof. C.K.Prahalad Centre for Emerging India at LIBA.

For media queries, please contact: Ms. Meghoma Mukhopadhyay, + 91 95662 76103,

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