MDI Students Win PepsiCo Challenge, Become Indra Nooyi’s Advisors

MDI Students Win PepsiCo Challenge, Become Indra Nooyi’s Advisors
Post-event Press-release

PepsiCo, the world’s largest selling Food & Beverage Company, announced the results of its B-school challenge, ‘Taste the Success - Become Indra’s Advisors’. 'MIDAS', the team from MDI, Gurgaon were the proud winners of the contest.

Under the challenge, PepsiCo India had invited business strategies for unlocking the latent demand for beverages in India, from the leading management schools. The first runners-up of the contest was the team from FMS, New Delhi, and the second runners-up was again from MDI, Gurgaon.

The winning team members, Supreet Kaur, Anand Trivedi & Anand Mohan Sharma will now be flown to PepsiCo Headquarters in New York where they will present and discuss their case solution with Indra Nooyi, Chairman & CEO, PepsiCo Inc., in the month of April. If the winning business strategy is found feasible, the team may get an opportunity to engage as advisors on an ongoing basis with PepsiCo business to operationalize their ideas.

Winning Team of PepsiCo Challenge from MDI, Gurgaon

The first runners-up team, 'Rebels United' from FMS, New Delhi, received a cash award of INR 1,00,000/-, and the second runners-up team, 'Concoction' from MDI, Gurgaon received a cash award of INR 50,000/-. The top 6 teams from MDI, FMS & IIM Indore will also get an opportunity to appear for a pre-placement interview without going through the initial screening process.

Presenting the awards to the winners, Mr. Sanjeev Chadha, CEO, PepsiCo India, said, "Every case study that we received from the management students was outstanding in itself. It was inspiring and heartening to engage with some of the brilliant brains of India. The case studies that we received were extremely insightful and innovative. It gives us immense pleasure to present the awards to the most deserving team from MDI. We are looking forward to working together with the students to implement the winning business strategy at PepsiCo."

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Contributed by -
Rajbir Kaur Sidhu,
Genesis Burson-Marsteller.

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