Xiaomi India, the country’s No.1 smartphone and smart TV brand, announced the launch of the 4th edition of ‘Mi summit’ with the vision of enabling B-School students to get hands-on experience with real-world business case studies and problem statements. The winners will be awarded a cash prize of INR 2 lakhs followed by INR 1 lakh cash prize for the runners-up team and pre-placement interviews for both.
In the 4th edition, students from 27 business Schools can form a team of two from the first or second year and submit their participation. The teams will have to present solutions that resolve a problem and showcase its usability and application in the actual business environment. Structured in 5 stages the program begins with a screening quiz, followed by a pre-campus, campus, and cluster round culminating in the finale at the Xiaomi headquarters in Bangalore. All campus round winners will get a Pre-Placement Interview (PPI) offer from the country’s leading smartphone brand and stand a chance to win goodies up to 6 lakhs from Xiaomi India.
Commenting on the program, Muralikrishnan B, President, Xiaomi India said, “At Xiaomi India, we have always focused on providing opportunities to youth that empower them and help in building a brighter future. The Mi Summit program was started with the vision of helping the young and bright minds of India to follow their passion and truly understand how the world of business functions. Currently, in its 4th edition, Mi Summit over the years has received an exceptional response from students across the country, and we are looking forward to seeing innovative solutions from these future leaders.”
The top teams from each college will be bifurcated into 6 clusters wherein the top 2 teams from each cluster will be selected for the final basis their presentation. Bringing an element of surprise in its 4th edition, among participants identified from 27 business schools, this year wild card entries from non-participating schools are also welcome. Participants from any B-school can sign up for this from all over the country. The cluster winners and runners-up will get a Mi Soundbar and Redmi SonicBass Wireless Earphones along with a PPI offer respectively, whereas campus winners stand a chance to win PPI offers.
Launched in 2019, over 7000 students have participated in Mi Summit to date. In the 3rd edition, Xiaomi India reached out to 25 Business schools and saw a participation of 3000+ students. ‘Team HS’ from IIM Ranchi were the winners, whereas ‘Team Crusaders’ from XLRI were the runners-up.