Indian Institute of Management Bangalore’s (IIMB) one-year full-time Executive Post Graduate Programme in Management (EPGP) students Rahul Aggarwal, Santosh Mishra and Sugam Bagla have bagged the first runner-up position in the ‘Rising Star Challenge’ at IRF 2015, Mumbai.

About 300 students from top B-schools across the country competed in the ‘Rising Star Challenge’ business plan competition organised by the India Retail Forum.

As part of the competition, participants created new models of retail innovation to spur the next generation of start-up ideas and reach the next frontier of omnichannel excellence that blends the best of smartphones and smart stores.

Team Gatik, the three-member team from IIMB, presented a business plan to implement an omnichannel retailing strategy for the Indian handlooms and handicrafts industry under the brand, ‘Kalpataru’.

“Our business plan was very well received by the Indian retail fraternity. We received a very good response, including trade enquiries from business partners present at the event,” said members of Team Gatik.

The finals of the competition were held in Mumbai on September 16, 2015.

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