ICICI Lombard and IIT Bombay Concluded IL IGNITING MINDS 2025 Case Study Competition
ICICI Lombard concluded IL Igniting Minds business case study competition where students got opportunity to showcase ideas to senior management.
ICICI Lombard has concluded 2025 edition of its flagship business case study competition, IL IGNITING MINDS season 3, in collaboration with IIT Bombay. Designed to give young innovators real world platform to solve meaningful industry challenges, this initiative has received 4000+ student registrations from 500+ institutes. The theme for this year’s challenge, “Unlocking SME Insurance Growth in India,” focuses on underserved segments of economy.
Through this competition, ICICI Lombard invites students to reimagine product design, digital enablement, distribution and outreach strategies that can make insurance adoption seamless, impactful and affordable for small and medium businesses. Building on past editions conducted with institutes such as IIM Calcutta & IIM Lucknow and NMIMS together engaged over 4,500 students from more than 700 campuses.
Sheena Kapoor Head Marketing, Corporate Communications & CSR, ICICI Lombard, said, “The 3rd season of IL Igniting Minds has been truly inspiring. What began as a simple idea has now connected us with 4000+ students across 500+ campuses. The finalist teams presented real-life case studies, challenges and problems to our senior management with clarity, depth and intelligence. Moments like these reaffirm our belief that the future of India rests in brilliant and responsible hands.”
IL Igniting Minds business case-study competition, season 3 was conducted at the ICICI Lombard Office in Mumbai where the students had an opportunity to showcase ideas to the senior management of the company. The winning team was from IIT Delhi and the first runner-up was from IIM Ranchi.
Below is the comparison between IIT Bombay and IIT Guwahati MDes course based on ranking and fee:
| IITs | Total Tuition Fee* | NIRF Overall Ranking (2023) |
|---|---|---|
| IIT Bombay | INR 1 lakh | 4 |
| IIT Guwahati | INR 1.1 lakh | 9 |
*The fee is taken from an unofficial source. Hence, is indicative.
Yes, IIT Bombay fee for BTech is similar to other IITs. The total tuition fee for BTech is INR 8 lakh. Check below IIT Bombay and other IITs BTech fee along with their rankings:
| Top-Ranked IITs | NIRF Rank (2024) |
Fee |
|---|---|---|
| IIT Bombay BTech | 3 | INR 8 lakh |
| IIT Delhi BTech | 2 |
INR 8 lakh |
| IIT Kanpur BTech | 4 |
INR 8 lakh |
| IIT Kharagpur BTech | 5 | INR 8 lakh |
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Both IIT Bombay and NIFT Mumbai are recognised for their BDes course. For better comparison, below are some parameters to compare BDes programme of both the institutes:
*The fee is taken from an unofficial source. Hence, data might vary.