BIMTECH Completes 38 Years as Blockchain Innovation, Global Accreditation, and UN Recognition Strengthen Its Position Among India’s Top B-Schools

Birla Institute of Management Technology (BIMTECH) marked its 38th Foundation Day with a grand celebration that reflected the spirit of dedication and excellence. The event was graced by distinguished guest, Shri P. Balaji, Group Head- Governance, Risk, Compliance, and Corporate Affairs, Air India Ltd.

In recognition of outstanding contributions, the Best Researcher Award 2024 was conferred upon Dr. Archana Shrivastava, and Best Researcher (Runner-up) Award 2024 was conferred upon Dr. Neha Sharma. Long-serving faculty and staff members who have completed a decade at the institute were also felicitated.

In her Foundation Day address, Dr. Prabina Rajib, Director, BIMTECH, shared, “Since our founding in 1988, BIMTECH has always aspired not merely to teach management, but to shape leaders who act with integrity, think globally, and bring positive change to society. Days like this remind us that great institutions are not built in a day. Over the years, we’ve built innovative programs, and built bridges between academia and industry. As we celebrate our journey, we recommit to society, environment and the future. As we celebrate this day, remember the legacy, you inherit, of courage, conviction and contributions.”

Shri P. Balaji, Group Head- Governance, Risk, Compliance, and Corporate Affairs, Air India Ltd., motivated students and said, “Know yourself first and don't measure yourself against somebody else's timeline. Because fulfillment comes from internal alignment. It's okay to take a few years to finally figure out your passion. What you know today will definitely become obsolete tomorrow. So, stay curious and learn new skills. Read widely, take online courses and invest in networking. In short, delve deeper and gain diverse experiences, because each new experience adds a layer to your professional career. And organizations truly value those who bring diverse perspectives.”

Reflecting the institute’s long-standing commitment to social responsibility and compassion, the institute invited students from various schools and orphanages. Faculty, staff, and students collectively contributed to organize a special lunch and distribute thoughtful gifts to the visiting children.

The ceremony also witnessed the release of the Annual Activity Report 2024–25 along with Rural Immersion Programme Report 2025, showcasing the institute’s achievements in research, student engagement, international collaborations, and community initiatives.

Adding to the week of celebrations, the institute also celebrated the Silver Jubilee of its PGDM–Insurance Business Management (IBM) Program. The event welcomed the Chief Guest Mr. Sanjay Joshi, Chairman-cum-Managing Director, The Oriental Insurance Co. Ltd., to celebrate 25 years of academic excellence and contributions to the insurance sector. A key highlight of this occasion was the engaging ‘Kal, Aaj Aur Kal’ session, led by eminent alumni Mr. Pankaj Tomar, Head- India & South East Asia - AXA Climate, Ms. Surbhi Goel, CEO, Munich Re India and Mr. Sudip Indani, Managing Director, Head People Solutions, India.

Over the year, BIMTECH has continuously set benchmarks with the launch of Bloomberg lab, BIMCOIN, a blockchain-based campus currency, and a strategic partnership with UNIQLO for retail talent development. Students from institute had won the PRME Global Students Sustainability Award 2025 at the United Nations, while the Google AI Startup Day fostered innovation among 150+ startups. Recently, BIMTECH’s Centre of Education for All (BCall) organised a Train the Trainer workshop for inclusive higher education. With AACSB accreditation, the B-school reinforces its position as a globally recognized business school, committed to preparing students for a rapidly evolving world.

Inspired by its founders, Late Basant Kumar Birla and Sarala Birla, BIMTECH has pioneered innovative programs like PGDM, PGDM-International Business (IB), PGDM-Retail Management (RM), and PGDM-Insurance Business Management (IBM), nurturing individuals into global leaders. BIMTECH is amongst the Ivy League of Top Globally Recognized B-Schools that excels in management education, supported by its globally placed robust alumni network of over 8000 individuals.

BIMTECH Rolls Out BIMCOIN: India’s First Blockchain-Powered Campus Currency

Noida-based Birla Institute of Management Technology (BIMTECH) has introduced a new blockchain-based digital currency, BIMCOIN, reported India Today. And, that’s a bold leap into the future of campus life! BIMTECH’s launch of BIMCOIN marks India’s first blockchain-based campus currency, and it’s more than just a digital wallet for canteen snacks.

Built on a permissioned blockchain, BIMCOIN ensures secure, transparent, and decentralized transactions among students, vendors, and administrators. Over 1,100 transactions were completed during its pilot phase, ironing out onboarding and tech integration challenges through iterative testing.

But here’s the kicker: BIMCOIN isn’t just a payment tool—it’s an educational instrument. BIMTECH is integrating blockchain and fintech into its curriculum, giving students hands-on experience with smart contracts and digital. It’s a clever way to blend theory with real-world application, especially as India ramps up its digital economy ambitions.

Notably, BIMTECH isn’t alone in exploring blockchain-powered digital currencies within academia. A few notable examples from around the world include MIT's Digital Currency Initiative (USA). Through its Digital Currency Initiative (DCI), MIT has explored blockchain applications including campus-based micropayments and identity systems. While not a formal currency like BIMCOIN, it’s a hub for blockchain experimentation.

University of Nicosia (Cyprus), a pioneer in blockchain education, was the first university globally to accept Bitcoin for tuition and launched a Master’s in Blockchain and Digital Currency back in 2014. While not a campus currency per se, it laid the groundwork for crypto integration in education.

While BIMTECH’s BIMCOIN is among fully deployed as a live, blockchain-based campus currency, these global institutions are actively experimenting with similar ideas—often as part of broader fintech and blockchain innovation ecosystems.

With BIMCOIN, BIMTECH becomes the first business school in India to implement such a system. It’s designed to facilitate secure, transparent, and instant transactions within the campus ecosystem—covering students, vendors, and administrators.

Educational Purpose

Beyond payments, BIMCOIN is a learning tool. It gives students hands-on exposure to:

• Blockchain fundamentals
• Smart contracts
• Digital currency ecosystems

This aligns with BIMTECH’s broader goal to integrate blockchain and fintech into its curriculum, preparing students for careers in the digital economy.

Tech & Security

• Operates on a permissioned blockchain, ensuring decentralization with controlled access
• Backed by advanced encryption, data privacy protocols, and strict access controls

Pilot Phase Highlights

• Over 1,100 transactions completed during the pilot
• Iterative testing helped resolve onboarding and integration issues
• A close-net testing phase is underway before full campus rollout

Broader Vision

Inspired by India’s CBDC efforts and the Digital India mission, BIMCOIN is part of a larger push to embed real-world tech into academic life. BIMTECH is also setting up a Blockchain Learning Centre to deepen this engagement.

MeitY Grants ₹2 Crores Funding to 5 Start-ups Incubated at BIMTECH AIC

Birla Institute of Management Technology (BIMTECH) Greater Noida, a leading Business School in India, is at the forefront of fostering start-up growth under the SAMRIDH program, an initiative by Ministry of Electronics and Information Technology (MeitY).

Through this program, AIC-BIMTECH has supported eight startups, five of which have successfully secured ₹2 crores in funding from MeitY. The funded 5 startups are:

1. Cunomial, 
2. Credit Siddhi, 
3. Origin Connect, 
4. Transport Simple, and 
5. Vacus. 

This achievement underscores the program's pivotal role in fostering innovation and entrepreneurship, contributing to an aggregated valuation of ₹75 crores, and driving economic growth towards the vision of Viksit Bharat 2047.

Dr. Prabina Rajib, Director, BIMTECH stated "SAMRIDH program has been instrumental in enabling BIMTECH to further this mission by providing resources and insights tailored to the unique needs of early-stage ventures. Our researchers and faculty actively contribute to building a knowledge foundation that startups can draw upon to make informed decisions, innovate more effectively, and stay ahead in competitive markets. BIMTECH is committed to creating a thriving entrepreneurial ecosystem where startups can grow with a strong foundation in research, continuous learning, and a passion for meaningful impact."

Dr. Shalini Singh, Chairperson; Center for Innovation & Entrepreneurship Development and Acting CEO of AIC BIMTECH, sheds light by stating “At AIC BIMTECH, we provide comprehensive support for startups offering not just soft infrastructure and co working spaces but also invaluable mentorship, extensive networking, opportunities for market access, investor connections, and a range of business development activities. This approach ensures that startups are equipped with the right tools and resources to scale their operations, innovate, and thrive in an ever-evolving market landscape.”

With a strong commitment to create a dynamic ecosystem, AIC BIMTECH has successfully supported around 400 startups and established more than 200 partnerships, fostering a vibrant incubation environment. Birla Institute of Management Technology has also empowered these startups to accelerate their growth by providing tailored mentorship, strategic business networking, team-building support, investor relations, and helping them secure the resources essential for scaling.

The eight start-ups supported by AIC BIMTECH are Cunomial, Credit Siddhi, Origin Connect, Transport Simple, Vacus, Fabrik, Detrocel, and Ecotio. These start-ups are making notable progress in their respective fields, fostering innovation, creating Job opportunities, generating revenue, and making a significant impact on India’s economy.

Inspired by its founders Late Basant Kumar Birla and Sarala Birla, BIMTECH pioneered innovative programs like PGDM, PGDM-International Business (IB), PGDM-Retail Management (RM), and PGDM-Insurance Business Management (IBM), nurturing individuals into global leaders. Also, BIMTECH is now AACSB accredited, joining the Ivy League of Top Globally Recognized B-Schools. Fostering a symbiotic relationship, the institute excels in management education, supported by its globally placed robust alumni network of over 8000 individuals.

FITT, AIC-BIMTECH AND HUDDLE Incubator Launch 1st Founders Program for the Founders of New Bharat

Foundation for Innovation and Technology Transfer (FITT-Delhi), Atal Incubation Centre- BIMTECH (AIC-BIMTECH) in Greater Noida, and Huddle Incubator based in Gurgaon have launched a sector agnostic program, tailor made for the start-up founders of young India. This collaboration brings three of the largest startup enabling organizations in Delhi NCR, to create a collaborative support ecosystem for incubation and acceleration of startups. First Founders Program is a five-month program focused on first time founders to help them structure their venture, team with their vision at core, and subsequently raise capital for their ventures.

This program is open for any first-time founder in India across sectors, with a keen interest in deep-tech ventures. Start-ups selected will be provided with the dynamic support of three large incubators in order to tailor-make support functions that include, lab and data computing support, access to a dedicated mentor per venture, proof of concept and test-bed opportunities with corporates across disciplines, legal, accounting and compliance support, followed by opportunities to raise grants and seed funding.

Applications shall open from February 11 until March 3, 2020, with results of selected ventures scheduled to be announced by March 17, 2020.

Startups can apply at the following link - https://www.f6s.com/ffp/apply

Huddle has incubated ventures like leading super foods and wellness brand Wellversed Ketofy, blockchain startup 1Ramp, deep-tech venture Trillbit, EV ventures like RacRnergy, Cell Propulsion under a list of over 20 successful innovative ventures in their portfolio, whereas IIT- Delhi has seen over 100 technology ventures like Kritikal, Wrig Nano, NanoClean Global, Clensta, Creditas etc. Similarly, AIC-BIMTECH being a host to ventures, like Trucksuvidha, LQI, makes this a collective portfolio of ventures, that is bound to support the incoming list of ventures this Trio of incubators is looking to invest time, resources and capital in.

Dr Anil Wali Managing Director, FITT discussed how this program came into existence. “Many ecosystem enablers like incubators, accelerators, corporates, investors etc. have been trying to address the challenges faced by the start-ups in stabilizing and scaling up. The conclusion we reached, was not singular, but a group of issues that impact startups, especially founders, during their journey towards sustainability. If the issue is complex enough not to be resolved by one of us, why not join hands with other strong ecosystem partners?” asked Dr Wali.

Dr. Abha Rishi, CEO, AIC-BIMTECH invited the young founders to participate in the program. She said, “Being an internal part of the ecosystem makes you realize the shortcomings which startups faces on their journey to even reach breakeven. First Founders Program is our resolve towards the collaborative approach required in the entrepreneurial ecosystem."

Mr Sanil Sachar, Co-founder, Huddle expressed his desire to support the ambitions of the founders. “I have been on the end of the founders and the other side as an enabler, therefore, to solve the problem with such partners is a robust way forward. I understand how it feels when the passion is not converted into a success story and what is needed to fuel this. First Founders Program is to take care of those factors, back founders through their path from being a startup to a sustainable and then a large profitable organization."

Foundation for Innovation and Technology Transfer (FITT) is an industrial interface organization. For over twenty- five years now, FITT has been in a mission mode for effecting the interface between the Institute and the industry and has been devising innovative ways to create partnerships and linkages with business and community to enable knowledge transfer for common good. 

Atal Incubation Centre- BIMTECH is an Incubation Centre supported by Atal Innovation Mission, NITI Aayog. Its objective is to create high-class incubation facilities with suitable physical infrastructure in terms of capital equipment and operating facilities, coupled with the availability of sector specific experts for mentoring the startups so that innovators and their ventures can become successful entrepreneurs and enterprises. 

Huddle is one of India’s leading sector-agnostic incubators working with startups across industries, with the primary focus of working closely with the founders of each venture and supporting them through the business functions that require assistance in order to get them to the next stage of their business life cycle. In order to provide contextual support to each startup, Huddle's mentor base consists of 35 industry-specific experts from around the country.

To know more about them – www.huddle.work