Students associated with entrepreneurship cells in colleges hold “passive ” job portfolios, that of organising seminars and competitions . But, for the first time this year, the e-cell of the Indian Institute of Technology-Bombay is supporting a start-up that is to be launched by the institute alumni.
The start-up-Lifeinlines-is a social networking project. “Launching Lifeinlines by the e-cell of IIT-Bombay will redefine the concept of an entrepreneurship cell. Earlier, e-cells would just conduct workshops and motivation lectures and business plan competitions. For the first time, we are going out of the way to launch a startup of our alumni,'' Cyrus Vesvikar, IIT-Bombay e-cell media manager, said.
Ankur Gattani from the class of 2005 and Manindar Gulati from the class of 2003 came together for Lifeinlines. Both were part of the IIT-B's e-cell in their college days. Gattani went on to pursue an MBA from IIM-Calcutta and Gulati has been employed with a well-known lifestyle brand. Gattani, who dropped out of the placement process both at IIT-B and IIM-C , always had streaks of entrepreneurship ever since his IIT days.
“Lifeinlines is the world's first life-streaming service. It enables people to capture, share and eternalise little moments from their daily lives. While social media is cluttered with various services, Lifeinlines becomes a unique and effective way of witnessing the lives of people you care for and staying in touch with them in an intimate manner,'' the promoters said. Explaining the concept, Vesvikar said that the website allows its users to take commands like uploading photos or responding to posts from cellphones. There is more. Recording, sharing and talking to those on your network is possible through many more channels. “We are enthused by the fact that we are the only e-cell in the country , probably in the world, to support the launch of a business ,'' Vesvikar added.