00:20and thank you to all the press members for joining us today so I am Yashasvi Peace Party
00:25co-founder and director of sales at WAG so over a decade ago we had a strong belief and we
00:35asked us a very simple question
00:37can we help all the educational institutions even from the remotest parts of India help build and connect or probably
00:47I would say build a strong LNA communities for them
00:49that belief has held us together for the last decade and helped us build wow for the last decade
00:57so that has been the foundation while working with several institutions across India and the globe
01:05throughout this journey we had the opportunity to work with over 1200 institutions across 28 countries
01:13with over 4.9 million alumni while also working with some of the reputed institutions such as IISC Bangalore
01:21IIM Kolkata IIM Lucknow several IITs more than half a dozen of old MITs XLRI and even our own ARMA
01:30matters
01:31IIM Mumbai and BIT well over
01:36so a decade of working with all these institutions has gained deep insights about ALANA relations and the learning has
01:43helped us to build what we are going to build now
01:46thank you HST and welcome all of you thank you for taking your time out to join us in this
01:52conference conference
01:53so like I said I'm Parish Masati I'm 4.1 CEO of all and what I'm going to present to
02:00you over the next
02:08what I'm going to present over the next 15 minutes is a new way of looking at alumni engagement
02:14like what you see on the screen right this is what all of us believe in all of us think
02:19like whenever you ask anyone
02:21what is alumni they always think about reunions they always think about nostalgia right and we said
02:28alumni is not is reunions there should be much more than that and this has been our belief for some
02:33time
02:33and over the last decade we've been working with institutions to change that right the point that we are looking
02:40at is
02:41working with so many institutions like yes you said almost 1200 institutions 4.9 million alumni and 28 countries
02:49we felt we could do much larger things we could do much different things and we started doing those things
02:55for the colleges
02:56but the hardest part was how do we do something that alumni not equal to reunions at scale how can
03:03we create that at scale
03:04and working with so many institutions got us something very profound we realize a lot of things that shape the
03:13journey that we are going to do right now
03:14and that is basically why we are here because with the insights with the learnings that we had we are
03:21looking at an entire new category
03:23entire new the way we look at the journey and that's the reason we are looking at a rebranding ourselves
03:28now before that I'll probably walk you through the problem that we are trying to solve
03:34education has a problem right in India about 10 million alumni 10 million students graduate every year
03:44completely unprepared for what is there coming forward for them the real world that they have right
03:49what a simple example is that students graduate complete the four years of graduation and wait for take up another
03:57course outside to actually get a job
04:00or get into a company and then again trained by the company to actually become employable
04:07now this is a problem this is because your institutions which are supposed to deliver the education for them
04:15they try to design new courses new curriculum new industry interactions all of that they do
04:20but the real education can happen from not from the institution that is inside the campus the real the most
04:28powerful institution is actually outside the campus
04:31that is their alumni right the alumni is a living institute for them they have learned the experiences they have
04:38learned the real way to navigate the careers that they have been from this because they have started with the
04:45same careers the same
04:47the same campuses they started with but ended up with beautiful careers right so this is an experience most of
04:54the institutions in India not able to tap in
04:57why is something that we are trying to discover right
05:02because and because the institutions have not been able to tap most of the alumni networks remain dormant right
05:10what do they what does it mean by dormant is that alumni do not have reasons to come back because
05:15like say if you look at an example right alumni want jobs alumni want career networking for themselves
05:20alumni want progression for themselves right which typically is something an institution cannot provide right and what this is what
05:29we call is an activation you need an activation of these alumni networks for giving alumni the reasons to come
05:36back
05:36reasons to stay and reasons to give back and this beautiful and the most powerful asset that every institution has
05:44is actually untapped and that is the way we started begin like hey we need to activate these alumni networks
05:52how do we do that and we started consulting to a lot of colleges we started working with a lot
05:57of colleges to actually help them we did mentoring programs we did training programs for alumni we did consulting for
06:02colleges and we were able to do it
06:04we were able to do it for a lot of colleges that we worked with when we were able to
06:08do it but we now had to do it at scale that is where we said before that why is
06:14activation important because activation unlocks four things we say careers careers and jobs for both alumni as well as students
06:21capital capital is the funds and donations that go to alumni as investments to the students as well the startups
06:27that come in credibility the success stories the reputation that usually is a success of the brand value of an
06:33institution
06:33and the culture and the culture and the culture and the culture and the culture and the culture of alumni
06:36coming back to the institution alumni giving back to the institution right now that is something that doesn't exist in
06:42India a lot except for the top colleges you don't hear alumni coming back and giving back to a lot
06:46of other institutions and that is what we are looking at to change and this is a profound insight that
06:55we had whatever we are trying to do is something typically an institution is not designed to do
07:02because activation requires an engine activation requires something that you need to keep on giving to the alumni so that
07:09they come back into your system right and that is something that we are looking at building can we build
07:16the entire alumni activation engine
07:18My name is Parish Masath and I am founder and CEO of WAV
07:21I am founder and CEO of WAV this day we are calling our company WAV for Hoopster
07:26The primary reason is that every college is very important and they understand that it is very important and they
07:33want to connect with them
07:34In other words, they have to activate everything and they have to activate everything and they have to activate everything
07:40In the last 10 years we have been working in the past 10 years and we have been working in
07:46the past 10 years and we have done a lot of colleges and we have been working in the past
07:5110 years
07:53In the process, we understood that there could be a lot more that can be done
07:58They do understand for getting all the connections as well
08:02So, we said that everything we can do within our last 10 years at first
08:07Because they haven't had anything done for students, like whether we have internships done for students
08:11They haven't had anything done for us before that
08:14They have done a plan for us, to raise up funds, to raise scholarships, to raise their funds, to raise
08:18what it is
08:20Now, when you have done a lot, we have to build an ecosystem, we have to build an engine around
08:24and that's where we started building this lot of things we started doing with
08:29the colleges when we started doing with the colleges we realized that we could
08:32do a much larger vision much larger play and that made us change the name from
08:37Wow to hoopster and we are looking at growing from probably about 1200 colleges
08:44today to around 2500 colleges in the next one and a half year but the main
08:49goal and the vision that we're looking at is can we deliver about 10,000
08:53internships to the students through alumni with our partner institutions
08:56and like can we generate about 100 crores of scholarships to the students
09:02through alumni and these are the two goals that we put up for the next three
09:05years and we are choosing about 30 colleges where we work closely with them
09:09to deliver these things we already have identified the colleges that we're
09:12working with and that's the goal can we India needs alumni to come back this is
09:18the capital that everyone is sitting on untapped and we are here to change
09:23it we are here to activate that alumni capital that's it thank you so I am
09:27Yashasvi so co-founder and director of sales at Wow so till date we have helped
09:32more than 1200 institutions across India primarily from India so some of the
09:37leading institutions with whom we are working are ISC Bangalore I am Kolkata I am
09:42Lucknow five IITs more than half a dozen of old NITs XLRI and even our own
09:49alma matters VIT velour and I am Mumbai yeah so together we look forward to
09:56probably reach and work closely with 2500 institutions in a span of 18 months
10:02that's that's have been our goal
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