The Indian Institute of Management (IIM) Shillong has earned a place among the top eight finalists at SBI Life Insurance’s IdeationX 2.0, a national-level innovation contest for B-schools. The semi-finale, held at Kalinga Institute of Industrial Technology (KIIT) in Bhubaneswar, saw IIM Shillong’s team—comprising Namita Gupta, NitikaBansal and SakshiAgarwal—emerge victorious against 40 competing teams.
SBI Life said the competition attracted over 3,500 entries from more than 100 premier B-schools across India, including institutes from Kolkata, Mumbai, Delhi, Hyderabad, Lucknow, Pune and Visakhapatnam. After rigorous multi-stage evaluations, eight teams, including those from XLRI Jamshedpur, IIFT Kolkata, IIM Calcutta, XIMB Bhubaneswar and KIIT Bhubaneswar, advanced to the grand finale. In Shillong, the achievement brings fresh optimism. Local entrepreneurs and academic circles see IIM Shillong’s success as a boost to the city’s growing reputation as a hub of management talent. With rising student participation in national-level competitions, Shillong’s education-driven economy is expected to draw more attention from recruiters and industry players seeking innovative minds.
Ravindra Sharma, Chief of Brand, CSR and Corporate Communications at SBI Life, said, “The semi-finale has been an inspiring showcase of young India’s potential to reimagine the future of insurance.” He added that with insurance penetration in India still under 4%, such initiatives could play a critical role in achieving “Insurance for All by 2047.”
