IES Management College and Research Centre (IES MCRC), one of the renowned colleges in the management field in Mumbai organized its 3rd Thought Conclave on 13th January 2024, in MCA Club, BKC, Mumbai.

The theme of the event was “The Future of Indian Start-ups: Predictions & Trends for the Next Decade”. The topics for panel discussion were about the upcoming opportunities in start-ups.In the welcoming address Mr. Sagar Sule, President IES, talked about the establishment of the very first school of IES in 1917, also mentioned that the Institute has completed more than 100 years in education sector. The inauguration of the Bloomberg Lab and the introduction of Harvard Online Courses for the students at IESMCRC, Bandra was highlighted.

The event hosted by Prof. Sushma Karwa, IESMCRC was attended by distinguished guests, including Mr. Ninad Karpe (Partner at 100X.VC), we also had our eminent panellist Ms. Ketaki Ogale (Co-founder of BHyve) Mr. Manas Madhu Co-Founder, Beyond Snack, and Mr. Vatsal Kanakiya Chief Technology Officer at 100X.VC and distinct alumni of IESMCRC.

Mr. Ninad Karpe, said that “All you need is just access to internet to start your Entrepreneurship journey”, he also emphasized on having almost 30 to 35% of women founders, in various fields like Data science, Artificial Intelligence and BFSI.

Some of the broad predictions which he referred to were:

More startups will emerge from Tier 2 & 3 cities and towns. Women founders/ co-founders in startups will be approx. 50% of the new startups within the next 5 years.  In 2024, more satellites are likely to be launched than the total of all satellites launched till date. AI and ML will be become ubiquitous and all startups will have underlying technologies of AI, ML and blockchain.

Ms. Ketaki Ogale, well experienced in the AI field shared her views about booming AI platform like Chatgpt and its adoption by organisations to extract ample of data to bring accuracy and efficiency.