New Delhi, January, 2020- The fifth season of Hero Campus Challenge (HCC), an initiative by Hero MotoCorp, the world’s largest two-wheeler manufacturer, concluded
with
Indian Institute of Technology (IIT),
Madras and Xavier School of Management (XLRI), Jamshedpur emerging victorious in the Engineering and B-school categories respectively.
Both the winning teams received a prize of Rs. 2 lakhs while the two
runners-up teams received a prize of Rs. 1 lakh each. All 30 individual finalists
of HCC - Season 5 were offered Pre-Placement Interviews at Hero MotoCorp.
Season
5 of the Hero Campus Challenge received record-breaking registrations from 32,152
students (10,717 teams) from both, B-Schools and Engineering colleges, when it
was launched in October 2019. All the teams went through multiple assessment
rounds over the course of the past four months.
The
competition started with the first-round of Online Assessment, to check the
basic domain knowledge of the teams, followed by an Idea Elevator Pitch Round
where the selected 1,092 teams had to present the details of their solutions. The
students then proceeded to the Virtual Presentation Round where 80 shortlisted
teams presented their detailed idea to the Jury. In the end, only 10 Teams qualified
for the Grand Finale.
All
the finalists went through an extensive mentorship period with the Senior
Leadership Team of Hero MotoCorp, to prepare them for the finale. All ideas
focused on bringing sustainability in the shared mobility space and the optimum
use of Artificial Intelligence in current operations.
Commenting
on the occasion, Mr. Vijay Sethi, Chief
Information Officer (CIO), Chief Human Resources Officer (CHRO) and Head - Corporate
Social Responsibility (CSR) Hero MotoCorp Ltd. said, “Hero Campus Challenge provides an engaging platform to youngsters for bringing
creativity and fresh perspective to the table. Over the years, the HCC has
evolved into a prestigious platform that nurtures India’s future business
leaders. Building on the previous years, Season 5 received an overwhelming
response from the student fraternity from across the country’s top institutes
of higher education. Participation in HCC has increased every season and, on
our part, we have ensured that we raise the bar in terms of complexity,
competitiveness, and challenge. I am sure that the next season will be even
bigger. In my view,all the selected teams are winners, for the simple fact that
from almost 11,000 teams, only 10 made it to the finale. Being a youth-centric
organisation, we will continue to bring innovative platforms to promote young
talent in our country.”
The
jury consisted of the Senior Leadership Team Members of Hero MotoCorp, along
with external Academic Experts: Professor Harsh V. Verma from the Faculty of
Management Studies; Professor Anil Parihar from the Delhi Technological
University; Professor Jaskiran Arora and Professor Soharab Hossain from the BML
Munjal University and Professor Rohit Mehtani from the Indian Institute of
Foreign Trade.
Launched
in 2015, the Hero Campus Challenge is a campus-centric, business-solutions oriented
competition, which is conducted across the premier management and engineering schools
of the country. It is open to students pursuing graduation and post-graduation
from all IITs, NITs and engineering colleges. Students in first and final-year from
two-year MBA/PGDM programs can also submit their entries for participation.