Friday May 24, 2019
Home Business Voodoo organi...

Voodoo organizes contest for young entrepreneurs and students

0
//

New Delhi: Mobile app digital assistant for smartphone users Voodoo has launched a contest for students and start-up entrepreneurs, allowing the winners to bag paid internship and a chance to meet their doyens.

The ‘VooDOo or Die’ contest – dubbed “India’s biggest growth challenge” – aims to stimulate enterprising ideas among students from colleges all over India, including the likes of IITs, NITs and other top-rung colleges across all disciplines, as well as start-up enthusiasts, a company statement said.

“We have launched the ‘VooDOo or Die’ contest to challenge the intellects of the Indian youth to the very limit and encourage the best and the brightest talent with not just rewards, but rewarding experiences,” Voodoo co-founder and CEO Mohit Mittal said at the
launch here on Thursday.

“This is why we have brought the industry pioneers together on one platform to nurture and guide the next wave of entrepreneurs. We are confident that this unique and engaging contest will be highly successful, and are excited to see the youth’s response to our challenge”, he added.

The contestants will be judged and awarded points by an expert panel, which would evaluate the performance on novelty, impact and their caliber to grow a start-up from scratch.

The top-ranked contestant will be awarded Rs.50,000 while up to 81 places will be awarded cash prizes. Moreover, the three best performers will be awarded a paid internship at Voodoo, a SAIF Partners-backed venture, with a monthly stipend of Rs.25,000 each.

Select winners will also come face-to-face with eminent CEOs and venture capitalists, including the likes of Rahul Yadav, co-founder and former CEO, Housing.com; Kunal Shah, co-founder and CEO of Freecharge; Alok Goel, managing director, SAIF Partners; Dharamveer Singh Chouhan, co-founder and CEO, Zostel and ZO Rooms; Ashish Goel, CEO, Urban Ladder; and Shradha Sharma, founder and chief editor, YourStory.

With the registrations having started on Thursday, the contest will begin on December 10.

Voodoo is a digital assistant that integrates with all the apps on a smartphone device, helping the user get the best deals, compare prices, get coupons and recommendations for online shopping.

(IANS)

Next Story

Amazon Announces to Fund Employees For Their Delivery Start-ups

Amazon has been trying to gear up an independent delivery service to handle packages now going to companies like FedEx as well as the Postal Service

0
Amazon, online retailer, Drones
The Amazon warehouse in San Fernando de Henares is seen during a 3-day walkout to demand better wages and working conditions, on the outskirts of Madrid, Spain. VOA

In an attempt to help its US-based employees quit their jobs and establish their own businesses, Amazon has announced to fund employees with up to $10,000 for their delivery start-ups along with three months of existing salaries.

In June 2018, the company announced that it is encouraging its employees to apply to start their own small businesses, delivering Prime packages in Amazon-branded vans and uniforms.

The company said that although thousands of employees expressed interest in the programme, most of them said they could not afford the start-up money they needed to get the businesses off the ground.

e-commerce
Security guards stand at the reception desk of the Amazon India office in Bengaluru, India, Aug. 14, 2015. VOA

“We received overwhelming interest from tens of thousands of individuals who applied to be part of the ‘Delivery Service Partner’ programme, including many employees. We’ve heard from associates that they want to participate in the programme but struggled with the transition,” CNN quoted Dave Clark, Senior Vice President of worldwide operations at Amazon, as saying on Monday.

According to the company, ever since it started the delivery service, there have been more than 200 independent contractors who signed up to handle the deliveries. Between them, they have hired thousands of local drivers to deliver the packages.

Also Read- Trash Found Littering on Deepest Place on Earth- Mariana Trench

The e-commerce giant recently announced implementing its one-day Prime delivery decision, which was traditionally a two-day window. In 2019, the company plans to add hundreds more delivery contractors, including the former employees who take up the offer, the report added.

Amazon has been trying to gear up an independent delivery service to handle packages now going to companies like FedEx as well as the Postal Service. (IANS)