Entrepreneurship conference on FinTech
9th Annual International Entrepreneurship Conference held at Great Lakes
Great Lakes organized its 9th International Entrepreneurship Conference at its campus at Manamai. The conference was based on the theme ‘Fintech - Real disruption? Ocean of opportunities?' Organized every year by the Centre for Innovation and Entrepreneurship Committee at Great Lakes, the conference aims to contribute to India's grassroots- level economic development by creating, nurturing and sustaining successful business enterprises.
The speakers for the 9th IEC included Guest of Honor Mr. P.N Vasudevan (Founder & Managing Director, Equitas Holding Ltd), Chief Guest Dr. S Narayan (Retired IAS, Ex Secretary and Government of India) and Keynote Speaker Mr. Sanjay Swamy, Co-Founder / Managing Partner, PRIME.
Talking about the changing digital landscapes in FinTech, Mr. Vasudevan shared his thoughts about the possibilities of FinTech companies and Banks co-existing in the future. "The rise of Fintech has forced banks to re-think the way they interact with their customers. Rather than FinTech companies taking over Banks or vice-versa, these two entities should use the strengths of each other to work together." he said.
Drawing comparisons between India and China in FinTech industry, Mr. S Narayan spoke about how China has emerged strongly in FinTech than the western countries, as against what one would assume. Mr. Sanjay Swamy highlighted how the growing success of Jandhan, Aadhar and digital India could be the next step towards making India a presence-less, paperless and cashless service industry.
The event also witnessed a Panel discussion on the topic ‘‘Fintech - Real disruption? Ocean of opportunities?' moderated by Dr. Prof. K C John, Professor - Design Thinking and Entrepreneurship, Great Lakes Institute of Management. The panelists for the session were:
Mr. Sanjay Bhargava, Chairman and CEO of Bharosa Technoserve Pvt. Ltd. and Mr. Ravi Rajagopalan, CEO of Empays Payment Systems. The 9th International Entrepreneurship conference concluded with Prize distribution to the winning teams of Business Plan competitions - "PaisaVasool, Oyster, and Hyperion, conducted at Great lakes prior to the conference.