Times of Bennett
ArticleCampus

Bennett Hatchery gets a new identity

Published:August 23, 2023 at 11:23 AM3 min read
Bennett Hatchery gets a new identity
By Shagun Pandey

At Bennett University, entrepreneurship is nurtured in the Bennett Hatchery. It offers new aspiring entrepreneurs the physical space, funding, training, mentoring, and resources they need to start their first significant thing. It is open to all students, faculty, and staff.

The Bennett Hatchery transforms the dynamic curriculum of Center of Innovation and Entrepreneurship into cutting-edge start-ups developed by students, faculty, and staff from all academic fields. It is a recognised incubator by the UP government. It has also generated more than 116 crores in funding and around 200 jobs.

The incubator at Bennett University has even launched more than 75 businesses. Bennett University’s Center of Innovation and Entrepreneurship is in collaboration with the Babson college which is known for its world class entrepreneurship education.

The Bennett hatchery team is headed by Dr. Vinod Shastri, Mr. Manish Mathur who is the senior head and Mr. Shubham Awasthi, senior program executive.The Bennett Hatchery is not just available for the university students but also for the external aspiring students and their startups.

The Hatchery at Bennett University just registered itself as a separate operating system, effective July 6, 2023, in accordance with the UP-government’s directive. Presently, it is known as the Bennett Hatchery Foundation. Since the business is officially registered, it will have its own resources and be eligible to receive assistance from the UP-state government. They will now be able to give the entrepreneurs more support in terms of resources.

To better help the startups in terms of PR, branding, etc., the foundation will now be in contact with the Times group or the parent group. According to the government's directive, the foundation may even own a stake from the incubated firms ranging from 2 to 9.5%, in exchange for which it offers them all the assistance and resources they need. “More than 20 startups have been launched from the hatchery to date, and more than 20 of those are succeeding greatly. The INSTA DAPP, which has made it simpler for customers to deposit bitcoins and earn interest over time, is one of the two firms that deserves to be mentioned.

It is currently valued at between 800 to 1000 crores. Recently featured in the Forbes under 30. One more of the successful firms from the Hatchery is SAVART, a fintech startup. This is valued at about 400 crores.” says Mr. Manish Mathur, senior manager at the Bennett Hatchery. Given the rise of start-up culture in India, we are sure that hatchery has something exciting to offer on the table, till then we can continue hatching-Ideas!
Tags
#bennett university#babson#startups#entrepreneur#ideas#Manish Mathur

Related Articles

Early Mornings, Long Drives and 23 Medals: Inside Bennett's Big Weekend at Mandi
Article
Campus

Early Mornings, Long Drives and 23 Medals: Inside Bennett's Big Weekend at Mandi

23 medals, 7 MVPs, 3 days

Oct 29, 20263 min
#bennett#rann neeti#mandi+3 more
Student Filmmakers Ambitious Docu-Drama 'Kurubhumi' Campus Premiere
Article
Student Filmmakers Ambitious Docu Drama Kurubhumi Campus Premiere

Student Filmmakers Ambitious Docu-Drama 'Kurubhumi' Campus Premiere

Kurubhumi, a student-created docu-drama directed by Safin Laller, a second-year student of Times School of Media, explores the Mahabharata from a fresh perspective, blending mythology, historical research and expert insights to uncover lesser-known aspects of the epic beyond its traditional portrayals.

Oct 31, 20262 min
#kurubhumi#mahabharata#safin laller+2 more
More Than Munchies: Food Bazaar 4.0 Brings Student Entrepreneurs Together
Article
Campus

More Than Munchies: Food Bazaar 4.0 Brings Student Entrepreneurs Together

Food Bazaar 4.0 transformed Bennett’s campus into a lively marketplace, bringing together affordable food, Korean cuisine trends and student entrepreneurship through more than 15 student-run stalls.

Oct 30, 20263 min
#momos#foodvideos#bennett university+2 more
RangTaali Brings Gujarat’s Garba Traditions to Bennett University
Article
Campus

RangTaali Brings Gujarat’s Garba Traditions to Bennett University

Rangtaali brought Bennett University alive with vibrant Garba performances, traditional festivities, energetic music and a DJ night, celebrating Gujarat’s cultural spirit on campus.

Oct 31, 20263 min
#garba#rivaaz#rangtaali+2 more
Sukoon by Arohi: A Pause to Breathe, Share and Let Go
Article
Campus

Sukoon by Arohi: A Pause to Breathe, Share and Let Go

When life begins to feel overwhelming, sometimes what we need is not a long lecture or a perfect answer, but a little room to breathe. With this thought at its heart, Arohi introduced “Sukoon,” a mental-health initiative designed around stress-busting activities and the simple ideas of listening, support, inclusion and unwinding.

Oct 30, 20263 min
#sukoon#balloon breathing#pressureone+3 more
Gothic Brides & Dapper Hulks: Inside Bennett’s Spooktacular Halloween Night
Article
Campus

Gothic Brides & Dapper Hulks: Inside Bennett’s Spooktacular Halloween Night

Hallows' Eve came early in Bennett University when the whole campus turned into House of Horrors for the event. Clubs performed their eerie acts and students dressed up in garbs of bloody brides, swanky pirates and creepy clowns. The celebrations were capped with a DJ night that would be remembered for the days to come.

Oct 29, 20264 min
#bennett#ansh#hpo+2 more