5 City Students Selected for Global Business Competition

Published: 02nd February 2015 06:18 AM  |   Last Updated: 02nd February 2015 06:18 AM   |  A+A-

HYDERABAD:Five high school students from Hyderabad got a unique chance to compete in the TiE Young Entrepreneurs (TyE) global business plan competition for their innovative project ‘TICH’, which will provide online services even to those who don’t have access to the Internet.

Keshav, Rishi Reddy, Neha Acharya, Yagna Agarwal and Zayaan will compete in the global competition where the winners will be awarded a cash prize of $10,000. The best project will also receive funding from top corporate companies, according to Safir Adeni, president of TiE Hyderabad. The children earned this rare opportunity for developing a professional business plan for an innovative idea to provide online services through a call centre.

According to the plan, a call centre will be set up where customers can call and seek various services. This will process the requests of the customers and send the results to them. The services include online shopping, ticket booking and applying for jobs and admissions.

This project was developed by the children as part of the TYE Hyderabad business plan competition where the best team was selected to be sent for the global competition.

Other participants in the Hyderabad competition have also come up with innovative business ideas which included app-based services to manage booking of playgrounds in the city and a techno-glass which is similar to the Google glass. Around 25 children, who participated in the competition in Hyderabad, were mentored by experts from prestigious institutes like Indian School of Business (ISB) and International Institute for Information Technology and some experts from  industry. During the 16-week course they were trained in several business-related topics such as conducting market research.

More from Hyderabad.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp