KrazyBee to put Pune College Students on their Entrepreneurial Journey at Hednxt Startup Fest 2018

HedNxt is India’s first ever student-centric Startup Fest where ideas will be nurtured into successful business plans

^20thSeptember 2018, Pune: ‘’KrazyBee” India’s largest micro-lending platform, plans to provide an enabling platform for Pune college going students to embark on their entrepreneurial journey during HedNxtStartup Fest 2018. This is a student-centric start-up fest, where KrazyBee &WPS have joined hands to encourage the entrepreneurial aspirations of college-going students. HedNxt, conceived as India’s first student-centric Startup Fest, is an initiative by KrazyBee, which is India’s leading E-commerce platform and first Online Instalment Store for students. HedNxtis sponsoredby Mi-Incubator and Kingsoft (WPS) which are KrazyBee’s Program and Technology Partners respectively. The official media partner of HedNxt is Welike. HedNxt is a national competition which also covers over 480 colleges in Pune and Mumbai.

KrazyBee has been providing its services for more than1500 colleges in the West India. In Pune and Mumbai, it offers its services to over 480 colleges covering over 3.5 Lakh students. The HedNxt Startup Fest targets Pune as the key student hub.

This competition is open to both college-level students as well as entrepreneurs who have justbegun their entrepreneurial journey. KrazyBee aims to bring all aspiring entrepreneurs to come under one umbrella and showcase their ideas which have the potential to create a change for a better tomorrow. It will also provide a special platform for college students to showcase their entrepreneurial ideas, and the best idea even stands a chance of getting funding.

Announcing the HedNxt fest, Mr. Madhusudan E., Founder & CEO of KrazyBee said “At HedNxt 2018, participating college students will get a chance to interact directly with, and pitch their business idea to mentors and VCs and even raise funds for their respective start-ups. The student start-up ecosystem in India currently lacks structured business planning abilities. There is a need to arm these ideas with proper project management & pitch capabilities for the purpose of properly presenting their business idea for funding. We have tied-up with WPS (Office) to provide these students with various learning tools including Business Project Planning Templates so that they can pitch their ideas successfully. We plan to leverage our partnership with Startup India for the HedNxt Start-up Fest 2018 to offer these students a platform to get their pitch right.”

Addressing at the occasion, Mr. Billy Cheng, VP of WPS Global Business said “As one of the leading office application providers in the world, WPS is dedicated to offering easy-to-use products and services to its users around the world. It is inspiring to know that WPS has more than 15 million monthly active users in India, which strongly encourages us to bring more cutting-edge innovation to our audience here, particularly to the young generation. Additionally, WPS believes that entrepreneurship is the key to the future of technology, and we are confident to contribute to the success of the Startup Fest through the platform of HedNxt. “

Adding to that, Manav Jain, Director, Marketing & BD from Welike said, “Welike is honored to be a part of HedNxt, through which we try and enable young startups to fulfill their dreams. On our part, Welike is giving 3 cash rewards of Rs. 1 Lakh each to the three teams who will use and showcase their Social Media Skills in building a follower base and getting the maximum number of votes for themselves. It is a wonderful opportunity for youngsters to turn their dreams into reality, and we at Welike would like to help each and every participant at HedNxt to grow and achieve success. If the teams need any help from us to grow their Social Media presence, they can get directly in touch with us. We will be more than delighted to guide and help them.”

For details on how one can participate in the Social Media Impact Awards being presented by Welike, download the app and follow @KrazyBee as well as the hashtags #Social Media Awards and #HedNxt to stay updated on all the developments. Happy winning,& keep Weliking!

The Hednxt has a three-layered approach:

1. NexTalk: It is a communication and collaboration platform where upcoming entrepreneurs at the college level get to interact with successful startup founders and learn from their journey.
2. Startup Hunt: The students then get a chance to present their startup idea to an eminent panel of successful founders, mentors, and angel investors.
3. Recognition: The ideas with the maximum potential get awarded for their efforts across various categories.

The registration for college students is open until 30^thSeptember 2018. The first list of selected startups will be released on 5^thOctober 2018, post which the selecting committee will meet these startup owners in their respective cities. On 20^thOctober, the final list of the top 30 startups will be released. The Finale is scheduled to take place inBangalore from 26^th – 27^thOctober. Interested students can follow KrazyBee’s Facebook page for updates.

The top 3 startups will be rewarded with prize money of Rs. 3 Lakh each from WPSand 10 startups handpicked by Xiaomi will be incubated by Mi-Incubator for 16 weeks. The three best startups under the ‘Social Impact’ category will get prize money Rs. 1 Lakh each from Welike as well.