The FNB Challenge 2022 Flourishes With Healthy Snacking Ideas

The FNB Challenge 2022 Flourishes With Healthy Snacking Ideas
Fnb Challenge

 

If there are challenges thrown across then some interesting, innovative solutions are found. For without challenges the tendency is to go on the same way.

-Ratan Tata

The FNB Challenge 2022 by TCPL

The competition was formatted to help the participants reach their full potential by giving them ample time to zero in on and refine their ideas. It consisted of the following rounds:

Round Details
Executive Summary Submissions
  • All participants needed to submit 6 slider executive summary solutions in PPT format to present their ideas.
  • The top 8 teams from each campus would move to the next round.
Jury Evaluations
  • The top 10 teams from the previous round would interact with jury members and business leaders from TCPL for idea evaluations.
  • The top 4 teams would move to the next round.
Mentorship Phase
  • TCPL leaders would mentor the national finalist teams.
Grand Finale
  • The top 4 teams would make a final presentation in front of the jury.
  • The jury would consist of top TCPL leadership.

At the initial stage of the competition, participants submitted a total of 230+ incredible submissions. The level of creativity, detail orientation, and business acumen evident in these ideas was beyond words.

The Finalists of the FNB Challenge 2022

All the entries were thoroughly screened, and the top 10 teams were given the opportunity to present their ideas in Round 2. The jury for this round consisted of Mr. Nikhil Sonde, Mr. Tanmay Prusty, Mr. Saumya Chaturvedi, Mr. Mrutyunjaya Sandhibigraha, Mr. Manoj Kumar and Mr. Raj Gilra from TCPL. Each team passionately defended its ideas and 4 of these teams made it to the next round.

 

Finalists of the FNB Challenge 2022

 

The emerging leaders at TCPL- Mr. Jalaj, Mr. Raghav, Mr. Deep, Ms. Radhika, and Ms. Palak, mentored the 4 finalist teams and helped them refine their proposals for the final bout.

The FNB Challenge 2022 Grand Finale

Each finalist team was given 8 minutes to present their ideas followed by a 7 minutes Q&A round with the panel. The jury for the Grand Finale consisted of Mr. Tarun N P Varma (Global Chief Human Resources Officer), Mr. Vikas Gupta (Global Head, R&D), and Mr. Punit Gupta (Senior Vice President - Strategy and M&A).

 

FNB Challenge 2022 Grand Finale

 

The judges evaluated teams on the depth of research, novelty & scalability of the idea, and the financial viability of the proposal. The winners had the opportunity to walk away with cash prizes worth INR 3 lakh and PPI options. While all the ideas were great, Team Holy Grail from NITIE Mumbai, and Team Infinite Warriors from SIBM Pune emerged as the winner and runner-up respectively.

Winners

The FMCG giant lived up to its name with the success of the FNB challenge 2022. We'll indeed be waiting for their healthy snacking products with baited breaths!

Want to view the Grand Finale event in all its glory? Here is the video-

 

Check out the experiences of winners of the FNB Challenge 2022 to see how they aced it:

1. ‘How To Win The FNB Challenge?’ By 2022 Winner NITIE Mumbai

2. SIBM Pune Sweeps The FNB Challenge 2022 Runner-up Trophy