Bengaluru, 9 October 2019: Quikr, the platform behind leading transaction marketplaces built ontop of India’s largest classifieds business, signed a Memorandum of Understanding (MOU) with Indian Institute of Management Udaipur (IIMU) to empower and equip future talent with knowledge of digital businesses and the way digital technologies are changing businesses world over.
Through this association, Quikr will bring real-world industry exposure to the students who will participate in IIMU’s newly launched one year MBA in Digital Enterprise Management (DEM). Quikr will participate in student mentorship by conducting knowledge-based workshops on trending digital technologies, providing inputs to the curriculum structure from time-to-time and giving access to Quikr case studies and research material to hone their skillsets. Quikr and IIMU students will work on co-creating knowledge in the form of research papers, white papers, and an industry-level framework to do joint research in the areas of mutual interests. Quikr will also provide short term projects to IIMU students in order to expose them to real-world challenges in the digital world.
India is already one of the largest and fastest-growing markets for digital consumers. With more than half a billion internet subscribers, Indian consumers have firmly adopted digital technologies. Adding to this, initiatives like Digital India and Skill India are further accelerating the country’s digital revolution. With this tie-up, Quikr will enhance IIMU students’ ability to be a part of this revolution by making them into the first set of managers in the country who are explicitly trained in the world of digital business.
“I am super excited to see IIMU launch this very first MBA program in the country with a clear digital focus because the future of all businesses is increasingly being shaped by the digital revolution we are witnessing all around us. Our partnership is an opportunity for students to get a real-time understanding of how digital businesses like Quikr operate in this brave new world, making these students ready to play management roles in digital businesses, digital focused roles in traditional businesses, or be digital entrepreneurs in their own right. As a Board member of IIM Udaipur and an advisory board member for this MBA program, I will extend my full support to helping IIMU address this big need in the industry,” said Pranay Chulet, Founder and CEO, Quikr.
“DEM is designed to equip management students to develop knowledge and skill to conceive, lead, and execute innovative initiatives involving technologies and data for existing and start-up organizations. The curriculum, therefore, emphasizes on access and availability of data that impact prevailing practices and create new management challenges which require new kind of thinking and leadership,” said Janat Shah, Director, IIMU.
The Digital Enterprise Management Program is a full-time one-year residential programme. The first batch of the full-time residential programme is commencing in 2020. Interested candidates can apply online through the IIM Udaipur website (www.iimu.ac.in).
Quikr, which now operates leading transaction marketplaces built on top of India’s largest classifieds platform, is used by over 30 million unique users a month. It is present in 1200 cities in India and operates several large classifieds businesses across C2C, cars, education, homes, jobs and services. Quikr is accessible across mobile apps, mobile sites as well as desktops. It allows consumers as well as small businesses to sell, buy, rent and find things across its multiple categories with great ease. Quikr’s investors include Tiger Global Management, Kinnevik, Warburg Pincus, Matrix Partners India, Norwest Venture Partners, NGP Capital, Steadview Capital, Omidyar Network, etc. Visit www.quikr.com for more details.
Indian Institute of Management Udaipur officially opened in 2011 as part of the network of IIMs which have established a global reputation as premium management institutions over the course of more than 50 years. IIM Udaipur operates from a 300-acre campus in the Balicha area of Udaipur with state-of-the-art classrooms and other facilities. It offers the two-year MBA degree, listed in the QS 2020 Masters in Management rankings; the 12-month MBA program in global supply chain management which offers the option of pursuing dual degrees in partnership with Purdue University; the 12-month MBA program in digital enterprise management; and the doctoral in management which offers a Ph.D. in four areas. According to the National Institutional Ranking Framework (NIRF), IIM Udaipur is ranked 13th in the Management category and 1st among the second-generation IIMs. IIMU is currently ranked 5th in India for research in the field of management according to the methodology used by UT Dallas which tracks publications in the leading global journals. IIMU is the youngest institution in the country to receive accreditation from AACSB.