A student team from IIT Kharagpur has qualified to the finals of RICE B Plan Competition 2k17 as the only team from any Indian university. It is also the only team from South Asia having made it to the final with 42 teams, among the likes of Harvard, MIT, Stanford, Imperial etc., competing for more than $1.5 million in cash and prizes.
Team Alive Home has specialized in Smart Switch Modules which are smart and easy to install with three easily detachable components will replace the regular and mundane switchboards. The switchboard and the app are connected to each other through our secure cloud servers, round the clock. The user can access all the automated appliances using the Alive Home smartphone app or web application and control all the appliances. The system will not only bring homeappliances at fingertips but will also make accessible real time data of energy used by appliances and notify when an appliance that should supposedly be off is still on. The user would be able to schedule appliances as per need and save a lot of electricity, resulting in reduction of electricity bill. The module has already find its application at the campus of IIT Kharagpur.
The Rice Business Plan Competition is the world’s richest and largest graduate-level student startup competition. It is hosted and organized by the Rice Alliance for Technology and Entrepreneurship, which is Rice University's internationally-recognized initiative devoted to the support of entrepreneurship, and the Jesse H. Jones Graduate School of Business. The competition is designed to give collegiate entrepreneurs a real-world experience to fine tune their business plans and elevator pitches to generate funding to successfully commercialize their product.
Urging the alumni to cheer for team KGP at Houston, USA.