BWI: Elements Akademia Wins India's First Sankalp Award

Press release from Business Wire India
Source: Elements Akademia Pvt. Ltd.
Friday, May 08, 2009 10:20 AM IST (04:50 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Banking & financial services, Education & training, Media & entertainment
Release no: 19888
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Elements Akademia Wins India's First Sankalp Award
Bagged Orders for 2000 Jobs Openings Despite Recession!

New Delhi, Delhi, India, Friday, May 08, 2009 -- (Business Wire India) -- Elements Akademia, India's first chain of finishing schools, has recently bagged orders to fill upto 2,000 job openings in its partner companies like Genpact, Bank of America, WNS, Fortis etc. These are typically back office operations and customer service jobs for graduates with a salary of Rs. 10-15,000 per month.

Last week, the company won India's first Sankalp award - supported by Rockefeller Foundation, TiE, VCCircle, and NABARD. The award was brought to India for the first time after a successful run in US and UK. It aims to reward "social enterprises" that not only hold promise to become the next big thing, but also have a significant developmental impact on the country, specifically looking for "ideas that aim to solve pressing issues of the day in a sustainable and profitable manner." Elements won in the Education-Growth category.

The CEO of Elements, Nishant Saxena, in Mumbai to collect the award, said, "India has a slow down, and not recession. Sectors like BPO, Healthcare, Education continue to hire. Our proprietary "employability training", designed with the help of our partner MNCs, ensures a 70% hiring rate for our students."

Shantanu Bhagwat, Partner Amadeus Capital, a US$1 billion VC fund based in London, and a recent investor in Elements Akademia, said, "I was attracted by Elements Akademia's bold vision and excited by the market opportunity and strength of the management team. I believe Elements Akademia has the potential to make a dramatic difference to the careers of thousands of graduates across India."

Elements also offers corporate training on Leadership, Strategy and Finance. Rajesh Garg, Asia CFO, Cadbury and one of the clients of Elements said, "Even before the training, the company took pains to interview multiple trainees and their managers/customers and then customize the course based on their inputs. We found the content, the trainer and the delivery absolutely world class. Elements has now been asked to roll out the same training across the whole of Asia."

About Elements Akademia

Elements Akademia - conceptualized, funded and run by a group of 12 IIM Alumni - is India's first chain of Finishing Schools (Training & Placement) aimed at bridging the gap between academic theory and industry requirements, thereby making Graduates Employable.

Organized Sector employment in India is still a pathetic 13%! A part of the malady is India's university education system which offers degrees but often fails to make graduates "employable". Elements Akademia, under its bold "10x10" vision, wants to make 10,000+ Indians Employable by 2010 - reaching out to 20 non-metro cities to attract students, train them, and then help them get placed in its partners and beyond. Focus is mainly on Tier II cities where "employability" is a major challenge. The hope is that initiatives like these will sustainably address the issue of "unemployability" in Indian education system.


CONTACT DETAILS
Suhaib Siddiqui, Elements Akademia Pvt. Ltd., +91 9799296129, contact@elementsakademia.com

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, BANKING, EDUCATION, MEDIA

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