Campus Fund raises INR 75 CR ($ 10 mn) to invest in student founders
Based on a funding model that has been successful in the Silicon Valley, Campus Fund has been funding Indian students for the last two years
Campus Fund today announced its second fund to deepen its commitment of investing in student-led startups. Based on a funding model that has been successful in the Silicon Valley, Campus Fund has been funding Indian students for the last two years. It already has some notable successes to its name, ranging from Digantara (building google maps for space) to HealthySure (unified health insurance platform) to Expand My Business (B2B managed marketplace for digital services) amongst others, who have gone on to raise follow on funding from reputed VCs.
Karan Bhagat Founder, MD & CEO of IIFL Wealth & Asset Management, an investor in the Fund said, “Campus Fund is contributing well to unearth the most exciting startup talent in Indian universities. Student Entrepreneurs are shaping a better future for everyone in India and Bharat and we at IIFL Wealth & Asset Management will continue to do our part to help build this ecosystem.”
Campus Fund started with a rolling fund of INR 7 crore in July 2020 and is the first fund of its kind in India to employ students as investors, who scout, evaluate and also get a seat in the decision making with regards to investments in student-led startups.
Deep Kalra, founder of MakeMyTrip said, “Campus Fund is unique in its purpose and approach and is a game-changer in the early venture space. It is becoming a formidable force on Campuses, in identifying innovation early on and nurturing it. I am excited to be part of it.”
Campus Fund is founded by Richa Bajpai, a student entrepreneur herself, starting out of a Dorm Room in her final year of engineering in 2009, and having co-founded Goodera, a global technology platform in the Tech4Good space. Bajpai says, “We worked with over 60+ Students across the country to scout and evaluate more than 1600 student led-startups in the last two years. We now have a portfolio of 10 diverse student led startups with strong fundamentals and a potential to shape the future and contribute towards India’s ambition of becoming a $5 trillion economy”.
Campus Fund is backed by large institutions, family offices, GPs of leading funds, industry veterans and founders, including those behind Delhivery, redBus, TaxiForSure, Sheroes, Udhyam Learning amongst others.
“Considering her entrepreneurial background and the exposure she has had with Creator Fund in the UK, Richa has an absolute advantage to build the student entrepreneurship ecosystem in India. Her experience, passion, hard work, patience and perseverance will make Campus Fund the most sought after student centric VC fund in India. She is doing the right thing in a right way to the right student community at the right time”, said Ullas Kamath – Former Joint MD at Jyothy Labs, Board Member VGuard, Wonderla amongst others.
With its second fund, Campus Fund will continue to invest at the pre-seed stage, playing the role of the first institutional check in student-led start-ups and supporting them through their journey. “The level of innovation that is taking place across academic institutions in India and the crying need for capital to support these young entrepreneurs is a need of the hour and Campus Fund is well positioned to bridge this void in the Indian ecosystem”, said Soumya Rajan, Founder and CEO of Waterfield Advisors.
By searching for entrepreneurs at universities, Campus Fund identifies a more diverse range of founders than traditionally accessed by venture funding. In keeping with this philosophy, Campus Fund has a portfolio that has 40% Non Tech Founders, 30% Female Co-Founders and 30% Hardware First Tech Enabled student-led Startups.
“We are excited to back Richa and the team at Campus Fund in their mission to promote student entrepreneurship in the country. This will give impetus to the bold young entrepreneurs who are solving important problems in the country and generating employment. We are impressed by their commitment towards diversity, in the selection of entrepreneurs they will back”, said Sarvesh Kanodia, Principal at Omidyar Network India.
The long term ambition of Campus Fund is to partner with student founders across the country – from Bangalore to Bhopal to Jammu and to play its part in supporting the National Education Policy 2020 which encourages students to be job creators and innovators.
Innovative Ideas and Breakthroughs from NMIMS MPSTME Civil Engineering
The department has published two patents, research papers at international conferences
The Civil Engineering department of NMIMS MPSTME has been making significant strides in the field of disaster management, flood resilience, and sustainable infrastructure. The department has published two patents, research papers at international conferences, and completed several student-led projects on topics such as renewable energy, groundwater modelling, and self-healing concrete.
The first patent, ‘Automated Flood Water Regulating Multipurpose System,’ proposes a novel approach to flood resilience by constructing multipurpose wells on the banks of rivers to discharge excess water and generate hydropower. The second patent, ‘Aqua Barrier,’ is an automated mechanism that can protect any flood-prone area, regardless of its size, from any disasters caused due to water.
The student-led projects are equally impressive, with topics ranging from low-volume rural concrete roads to oscillating tidal wave energy converters. These projects showcase the department’s focus on sustainable infrastructure, renewable energy, and innovative design.
The faculty at NMIMS MPSTME Civil Engineering department, led by Head, Dr. Meenal Mategaonkar and Research coordinator, Dr. Jigisha Vashi, played a vital role in guiding and mentoring students toward research excellence. Their expertise and guidance have enabled students to participate and win awards in prestigious competitions such as the CDRI’s ‘Imagining Disaster Resilient Structures’ and The University of Queensland’s ‘Engineering Design Challenge, and AAKAR at IIT Bombay.’
The department’s success is further evidenced by the achievements of its students in national and international conferences. Students presented their research papers in Scopus Indexed papers and conferences such as the 9th Indian Young Geotechnical Engineering Conference and the Eighth Indian Young Geotechnical Conference.
Dr. Meenal Mategaonkar, Head of the Civil Engineering Department, MPSTME, NMIMS, said, “The achievements of the NMIMS MPSTME Civil Engineering department demonstrate its commitment to developing innovative solutions for complex problems in the field of civil engineering. The department’s focus on sustainable infrastructure, disaster resilience, and renewable energy is essential for addressing the challenges faced by society today. It is a testament to the hard work and dedication of both students and faculty and their commitment to excellence.”
Embark on a Journey of Scientific Empowerment with NMIMS School of Science’s Innovative Programs!
The school is known for its strong emphasis on academic excellence, research, and innovation, and is recognized as one of the leading science schools in the country
SVKM’s NMIMS Sunandan Divatia School of Science (SDSOS) has officially announced the commencement of the admissions process for its Bachelors, Masters and Doctoral programs. The school is known for its strong emphasis on academic excellence, research, and innovation, and is recognized as one of the leading science schools in the country.
Aspiring students who are interested in pursuing a career in the field of science can now apply for various undergraduate, postgraduate, and doctoral programs offered by SDSOS. The Bachelor of Science (B.Sc.) programs are available in Applied Psychology, Biomedical Science, and Animation and VFX, while the Master of Science (M.Sc.) programs are offered in Chemistry, Biological Sciences, Applied Psychology, and Physiotherapy. The school also offers Ph.D. program in Science with various disciplines such as Chemistry, and Biological Sciences.
With a focus on creating industry-ready and research-savvy graduates, SDSOS has been at the forefront of imparting cutting-edge knowledge and practical skills through constantly evolving curriculums and state-of-the-art facilities and is situated in the heart of Mumbai.
Dr. Purvi Bhatt, I/C Dean, Sunandan Divatia School of Science, said, “The school provides a dynamic and inclusive learning environment that fosters creativity, critical thinking, and innovation. Our interdisciplinary approach to education prepares students for successful careers in science and beyond, while our emphasis on co-curricular and extracurricular activities ensures their holistic development.”
The school has a student-centric environment that supports research in niche areas of Science & Technology, state-of-the-art infrastructure, and equipment to enhance students’ hands-on skills, and a library facility that is constantly updated with the latest information. The labs at SDSOS provide modernised infrastructure and the latest equipment such as the animal tissue culture lab and the wet labs at the department of Biological Sciences offer cutting-edge technology to mould students into scientists.
School of Science offers a wide range of opportunities for students to explore their talents and interests, as well as gain valuable practical experience. The events and activities mentioned, such as Excalibur, National Science Day, Open day, Guest talks, Book Talk, Sports Day, Psych Film Fest, and club activities like photography and art, these programs provide a platform for students to demonstrate their abilities and gain insights from their peers.
The Future of Architecture Takes Center Stage at NMIMS BSSA
Leach is a co-founder of Digital FUTURES and an academician at the Academy of Europe
NMIMS Balwant Sheth School of Architecture was excited to host Open Studio 2022-23 program by the renowned architectural theorist and digital design expert, Neil Leach, on 28th March 2023 and the title was, “Tell me that AI ain’t scary”
Leach is a co-founder of Digital FUTURES and an academician at the Academy of Europe. Leach has published over 40 books on architectural theory and digital design, including “Architecture in the Age of Artificial Intelligence: An Introduction to AI for Architects” and “The AI Design Revolution: How AI Will Transform Architecture.”
In the lecture, Leach highlighted the potential threat that artificial intelligence (AI) poses to the field of architecture. With the recent launch of GPT4 and the growing capabilities of AI, there is concern among architects that their jobs may be at risk. Leach provided an informed overview of the current state of AI and its potential impact on the architecture profession.
“We are very happy and proud to host Professor Neil Leach at the school. As a leading school of architecture, we are committed to providing our students with a comprehensive education that equips them with the skills and knowledge needed to thrive in the rapidly evolving field of design. Our Open Studio program and public lectures, and talks by experts like Neil Leach, play a critical role in this mission by enabling students to learn from distinguished scholars and practitioners and engage with cutting-edge ideas and technologies. We are excited to continue providing these opportunities and look forward to seeing the impact they will have on the future of architecture and design,” said, BSSA Dean, Dr. Kaiwan Mehta. As the field of architecture continues to evolve, it is essential to stay informed about emerging technologies and their potential impact on the profession. NMIMS BSSA School enables students to learn from experts and engage with pressing issues in architecture and design. By inviting renowned scholars and practitioners like Neil Leach to share their insights and expertise, the school provides a valuable opportunity for students to expand their knowledge and deepen their understanding of the field.
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