Abhishek Nayak

Submitted by admin on Sun, 14 January 2010 - 18:32pm

Abhishek Nayak"During my E4SI summer immersion experience I worked on building an innovative portal for investments in the Small Medium Enterprises (SME) sector. I had the opportunity to observe the investment process and also be exposed to Intellecap’s consulting projects in microfinance, water and clean energy."

Name: Abhishek Nayak
College: BITS, Pilani
Immersion Experience: Intellecap - Investment Adivsory

 
 
 

Abhishek is excited about clean energy, microfinance and the web. He is currently interning at New Energy Finance. He is also a co-founder of Grassroutes.in, which sponsors youth to take road-trips for social journalism. He was a key member of the team that devised Dhanax's business plan to introduce retail investment in microcredit. He spent his E4SI summer immersion experience working for a new web platform for equity investments in SMEs. Abhishek was a speaker at the Fortune Global Forum 2007, a premier summit for the chief executives of the World's biggest companies. At BITS-Pilani, he is a proud member of the Center for Entrepreneurial Leadership. He enjoys quizzing, travelling, movies and music. He's spending the next six months in Hyderabad and would love to meet people for conversations over coffee.

Immersion Experience

 

E4SI gave me an opportunity for me to work in an entrepreneurial organization working in the development sector. I had previously worked on the business plan of Dhanax, which exposed me to the business opportunities in the development sector. I was itching to get more experience that would enable me to understand the sector better. Also the cohort of organizations from which E4SI asked me to choose was exceptional and had amazing teams powering them.

 

The past summer I spent working at Intellecap was a very enriching experience. Intellecap is a unique consultancy that works in the development sector. They facilitate investment initiatives, incubate businesses and create knowledge focused on profitable and sustainable development. I felt Intellecap was a good place for me to get wide knowledge on the development sector.

 

I joined a team of theirs that was working to launch an incubated company called 'India Development Gateway' that would enable small and medium enterprises (SMEs) to raise equity and quasi-equity investments from multiple investors. My role involved understanding the investment banking process and adapting it to IDG. The team working on IDG consisted of four people with diverse skills and of varied nationalities. I was frequently invited to join the sessions on strategic planning and contributed my ideas on the business perspective of the platform. I also got to network with entrepreneurs and investors.

 

Other than my day-to-day work, at Intellecap I got an opportunity to closely observe investment banking, project consulting on water and microfinance. My co-workers were quite sharp and lunch time conversations were opportunities to argue and discuss various issues of the development sector. I got valuable perspective of the development sector in terms of its investment potential and opportunities for future career in various development sectors. I feel extremely fortunate to have been given an industry wide ring-side view of the development sector.

 

E4SI gave me an opportunity to work in one of the best consulting companies in the development sector. I felt fortunate to have the chance to meet smart people, from across the world, working in the development sector of India. E4SI exposed me to opportunities in the BoP market. As an about-to-graduate student, my experience of working with Intellecap was very valuable in helping me decide my future career options. In the future I hope to start a sustainable technology company. Overall this experience has given me new knowledge of the development sector in India.

 

 

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