Hyderabad, March 26 (IANS) The Indus Entrepreneurs (TiE) on Monday announced that the TiE Grad finalist WCB of BITS Pilani-Hyderabad has won the spot to compete in Rice Business Plan Competition (RBPC) in the United States.
RBPC is one of the largest global university challenge competition which will be held in Houston, Texas. Around 42 university teams from across the world are competing for more than $1.5 million in cash and prizes.
Last year, 10 leading colleges participated in the TiE Grad competition and the winning teams, WCB (Windows Cleaning Bot) from BITS Pilani-Hyderabad and Law School 101 from NALSAR University, Hyderabad campus, jointly shared the prize money of Rs 5 lakh.
“It is a great privilege to be selected for RBPC at Rice University,” said BITS Pilani student and founder of WCB Robotics, Ujjawal Aggarwal. He thanked TiE for providing the best platform to validate their model.
Pradeep Mittal, Past President of TiE Hyderabad and CEO of GreatFour Systems Inc, congratulated WCB and said it got a fabulous platform to fine-tune their model.
TiE Hyderabad also announced the launch of its second edition of TiE Grad. The objective of the programme is to help engineering and management colleges to build a world-class entrepreneurship development zones within their campuses through a structured programme to guide and mentor students on entrepreneurship.
Kali Prasad Gadiraju, President of TiE Hyderabad and Office Managing Partner of Ernst & Young said this year they expanded the scope and the students will get the best opportunity to solve real-world use cases through a world-class platform.