IIT Kharagpur Ban Eight Startups from Campus Placements – IIT KGP Bars 8 Startups for Attending this year Placements
In Significant Move Indian Institute of Technology Kharagpur had Blacklisted 8 Startup Companies in Participating the Campus Placement Drive. As Per the Details Given by Debasis Dev IIT Kharagpur Placement Officer the IIT KGP Management had Decided to ban All the Startup Companies which had withdrawn / Cancel / Not Offered Placement for Students who got Selected in Drive. Last Year Several Startup Companies had withdrawn Or Cancelled Placement Offers so IIT Kharagpur did not Allow the Those Startup Companies to attend IIT Kharagpur 2017 Campus Placement Drive which will Start from December 2016.
As Per the Details from Official Sources 31 Startup Companies in Various Indian Institute of Technology Across India. As the IIT Placements Secession Starts from December Several Startups, Multi National Companies and Other Companies has been Registered for Offering Placements in IIT Kharagpur Campus Placement Drive.
IIT Kharagpur Placement Committee is Preparing some Norms for Startup Companies As Per the Norms Every Startup Companies has to Satisfy eligibility criteria for startups that the different IITs can choose to follow. “They should be functioning for at least three years, must name their venture capital firms, disclose their source of funding, balance sheet and number of employees. The IITs have also been asked to find out if they are listed companies,” said committee coordinator Kaustuba Mohanty.As Per the Sources Till Now 10 Startups which had Satisfied Eligibility Norms are allowed to Participate in IIT Placement Drive.
SOURCE :- IIT KGP Banned 8 Startup Companies