This achievement is a testament to the pivotal role the SAMRIDH program plays in propelling India’s start-up ecosystem, contributing to an aggregated valuation of ₹75 crores, and aligning with the nation’s broader economic vision of Viksit Bharat 2047.
Birla Institute of Management Technology (BIMTECH), Greater Noida, continues to be at the forefront of fostering start-up growth in India under the Ministry of Electronics and Information Technology (MeitY) initiative, SAMRIDH. Through this program, AIC-BIMTECH has successfully supported eight promising start-ups, five of which have secured a total of INR 2 crore in funding from MeitY. The five funded start-ups—Cunomial, Credit Siddhi, Origin Connect, Transport Simple, and Vacus—highlight the program's significant role in nurturing innovation and entrepreneurship.
This achievement is a testament to the pivotal role the SAMRIDH program plays in propelling India’s start-up ecosystem, contributing to an aggregated valuation of ₹75 crores, and aligning with the nation’s broader economic vision of Viksit Bharat 2047.
Dr. Prabina Rajib: Building Strong Foundations for Start-ups
Dr. Prabina Rajib, Director of BIMTECH, emphasized the importance of the SAMRIDH program in strengthening the institution’s mission to support start-ups. She noted, “The SAMRIDH program has been instrumental in enabling BIMTECH to further this mission by providing resources and insights tailored to the unique needs of early-stage ventures. Our researchers and faculty actively contribute to building a knowledge foundation that startups can draw upon to make informed decisions, innovate more effectively, and stay ahead in competitive markets.”
Dr. Rajib reaffirmed BIMTECH's commitment to creating a thriving entrepreneurial ecosystem, helping start-ups build a strong foundation in research, continuous learning, and a passion for meaningful impact.
AIC BIMTECH: Comprehensive Support for Start-ups
Dr. Shalini Singh, Chairperson of the Center for Innovation & Entrepreneurship Development and Acting CEO of AIC-BIMTECH, elaborated on the institute’s multifaceted approach to supporting start-ups. "At AIC BIMTECH, we provide comprehensive support, offering not just soft infrastructure and co-working spaces, but also invaluable mentorship, networking opportunities, market access, investor connections, and a range of business development activities,” she explained. “This approach ensures that startups are equipped with the right tools and resources to scale, innovate, and thrive in an ever-evolving market landscape.”
Q: Who can do FPM at BIMTECH?
Q: How is BIMTECH Noida in terms of placement?
BIMTECH offers good placements annually to its PGDM courses. As per the latest report, the institute BIMTECH concluded the placements for the Class of 2024 with a 97.07% placement rate. The highest package offered during BIMTECH placements in 2024 was INR 24.43 LPA. Further, the BIMTECH average package offered in 2024 stood at INR 11.10 LPA. The key highlights of BIMTECH placements for the Class of 2023 and 2024 are tabulated below:
Particulars |
Placement Statistics (2023) |
Placement Statistics (2024) |
|---|---|---|
Highest package |
INR 23.43 LPA |
INR 24.43 LPA |
Average package |
INR 11.24 LPA |
INR 11.10 LPA |
Median package |
NA |
INR 10.50 LPA |
Total PPOs |
NA |
23 |
Total recruiters |
90+ |
130+ |
New recruiters |
NA |
37 |
Placement rate |
100% |
97.07% |
Top sectors |
BFSI & Consulting |
Insurance, Consultancy |
Q: What is the average package offered in BIMTECH?
The BIMTECH average package during the 2024 placement drive stood at INR 11.10 LPA. Further, the BIMTECH average offered to the top 100 students stood at INR 14.88 LPA. The BIMTECH average packages offered to the top 25, 50, and100 students during BIMTECH Noida placements 2024 are tabulated below:
Particulars |
Average Package (2024) |
|---|---|
Top 25 students average package |
INR 19.48 LPA |
Top 50 students average package |
INR 16.91 LPA |
Top 100 students average package |
INR 14.48 LPA |
Regarding BIMTECH average package trends, a fluctuating trend was observed between 2022 and 2024. See the below infographic showcasing the BIMTECH average package trends over the past three years from 2022 to 2022 during BIMTECH placements:
The BIMTECH average package trends witnessed during BIMTECH placements between 2022 and 2024 are presented below:
Particulars |
Placement Statistics (2022) |
Placement Statistics (2023) |
Placement Statistics (2024) |
|---|---|---|---|
Average package |
INR 9.38 LPA |
INR 11.24 LPA |
INR 11.10 LPA |
The strategic support and holistic approach have positioned AIC-BIMTECH as a nurturing ground for the growth of emerging ventures.
Fostering a Vibrant Incubation Environment
AIC-BIMTECH has successfully assisted around 400 start-ups, establishing over 200 partnerships that contribute to a vibrant incubation environment. The institute empowers start-ups by providing tailored mentorship, strategic business networking, investor relations, team-building support, and access to essential resources for scaling operations. Through these initiatives, BIMTECH has played an instrumental role in helping these start-ups accelerate their growth and make a meaningful impact on India’s economy.
The eight start-ups supported by AIC-BIMTECH—Cunomial, Credit Siddhi, Origin Connect, Transport Simple, Vacus, Fabrik, Detrocel, and Ecotio—are already making strides in their respective fields, fostering innovation, generating job opportunities, and contributing to revenue growth across sectors.
BIMTECH’s Legacy of Innovation in Management Education
Inspired by its founders, Late Basant Kumar Birla and Sarala Birla, BIMTECH has always been a pioneer in innovative management education. The institute has developed a range of specialized programs, including PGDM, PGDM-International Business (IB), PGDM-Retail Management (RM), and PGDM-Insurance Business Management (IBM), to nurture individuals into global leaders.
Further enhancing its global credentials, BIMTECH has now earned AACSB accreditation, joining the elite group of top globally recognized B-Schools. This milestone reflects BIMTECH’s commitment to excellence in management education and its symbiotic relationship with industry. The institute’s robust alumni network, comprising over 8,000 individuals placed globally, further strengthens its reputation as a leader in shaping the future of business education.
Through the SAMRIDH program, BIMTECH continues to lead the way in fostering innovation and entrepreneurship. By providing a platform for start-ups to scale, innovate, and thrive, BIMTECH is helping drive economic growth and contributing to India’s vision of becoming a developed nation by 2047. With a strong focus on research, mentorship, and strategic business development, BIMTECH is ensuring that the start-up ecosystem remains dynamic and future-ready, empowering young entrepreneurs to make a lasting impact on India’s economic landscape.
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