Senpaty: Bank NPAs hit 10% on Tier 2 and Tier 3 education loans
“Whereas if you compare it with banks, once they move out from IITs and go towards other instit institutes, tier two, tier three institutes their NPS shoot up to close to around a 10% sort of level.”
Puri: IIT is harder to get into than Harvard, Stanford, or any US college
“IIT is harder to get into than Harvard. Then Stanford's a harder, harder to get into than any U S college.”
De Wit: Six Indian IITs formalized semiconductor partnership with Dutch universities
“We have seen now recently a more formalized collaboration between the six IITs in India and some of our technical universities in the Netherlands. With a specific focus on semiconductors.”
Rekhi: IITs were legally barred from accepting private donations in 1990s
“The IITs were not set up to accept any donation or any money from anybody other than the government of India. That was the law.”
Rekhi: Act of Parliament was needed for IIT to accept $50,000 donation
“And so it took a change in act of parliament for them to accept the 50,000 dollars.”
Malhotra: Engineering Parents Impose the IIT-to-IIM Path on Undirected Kids
“When you have engineering parents and you don't particularly have a strong direction, like that direction gets imposed on you, which is go to IIT, right, get a degree, then go to IIM, then get an MBA, and then get a job, right? Like that's a quintessential Ind…”
Lahiri: Neglecting Primary Education For Higher Ed Was A Mistake
“Our ancestors did set up the IITs and the IIMs, and that is what you see reflected in the IT revolution in India. But did we give enough attention to primary education and secondary education? Perhaps not. That was a mistake.”
Raw processing power is commoditized among top business and IIT graduates
“I think that that is somewhat commoditized. A lot of people have that. And a lot of people you end up interviewing who coming out of the top business schools or IOTs or whatever, Processing power intelligence is something you can take for granted.”
Siddhartha: Top Indian graduates are now staying in India instead of emigrating
“Back in 1991, all the Top one percent of the youth of India, which was in colleges like IIT, they were going abroad for their masters. Now they're not going at scale. They're staying back in India.”
Somani: Recent graduates should not enter venture capital without operating experience
“I don't think young people should get into VC, especially of the, you know, just coming out of IIT, can I come join, you know, Neon or Prime or whatever. Because I think, and certainly the way we practice the boutique art, right, form here at different, you kn…”
Kim: Fresh IIT grads can earn 50 lakhs in game engineering
“So like, if you go to IIT and you come out, you can make, you know, 40, 50 lakhs.”
Sinha: BITS Pilani remains in the same league as original IITs
“Bits Pilani, though, has always existed. So to give them credit Bits Pilani was always in the same league as the original five IITs, and I think still remains in that Contention.”
Ishan Sharma: IIT and BITS value is declining due to seat expansion
“I think it has gone down. It's not as glamorous as it used to be. Number one, also because there are a lot more seats created. There are new IITs coming. There was this very new IITs, right? So the value of IITs are going down. Same is the case with BITs.”
Ishan Sharma: Indian youth excel at rote memorization but lack creativity
“I think that, ah, the Indian youth is great at, ah, memorizing things, the rote memorization. But they're also not that great at, like, having, look at a problem from a general perspective. Right? Like, there are a lot of children who go to IITs who study, rig…”
Gupta: The brain drain of IIT graduates emigrating has largely stopped
“The brain train, if you talk about nineties, every single IITN from India went out of India. Correct. But that has stopped now to larger extent.”
Gupta: Strong IIT graduates easily earn 200,000 rupees monthly
“A good IATN from a good college, they can easily make two lakh rupees per month, which is not a small money.”
Gupta: Modern IIT resumes regularly feature founder and CEO experience
“So the way CVs have changed. When we were, what did we write? I mean, becoming a general secretary of hostel, institute, that was a big achievement. It's a great extracurricular activity. On that basis, companies will be shortlisting. You love it. So this was …”
Solo, Non-IIT, and Non-IIM Founders Face Red Flags From Indian VCs
“Non-IITN, non-AMG, non-tech guy, solo founder are all red flags for investors.”
Somani: Founder pedigree like IIT/IIM is strictly second and third order
“So we actually don't have any preconceived notions on whether you're a first time founder, you're an older founder, you're an IIT, non-IIM, it doesn't matter. If you have a deep understanding of the market, If you have deep customer empathy, if you have, you k…”
Aatrey: Most Indian startups will build for Tier 2 and 3 audiences
“Especially, I think for the next 10 years, most products that we built in India will be built for tier two, tier three audiences. Right? And most of these people who will be building startups will come from Metro, will come from IITs. And they will not be them…”