LST 2018

LST 2018

Lock, Stock, Trade, or LST is the annual start-up and trading event of SPJIMR 

It is a flagship event of SPJIMR where budding start-ups meet Venture Capitalists (VCs), Industry experts and B-School students in a mock IPO format to sell their business ideas and attract investments.

LST was started in 2004 by SPJIMR, Mumbai, in association with the National Entrepreneurship Network (NEN). More than 100 ventures have been showcased in LST so far. Prominent start-ups like Local Baniya, Faasos, Grofers and Gamiana have participated in the event.

LST 2018


Lock Stock Trade or LST is the flagship entrepreneurial event of SPJIMR where budding start-ups meet Venture Capitalists(VC’s) and Industry Experts.

LST 2018 kicked off on the morning of 13th January 2018 with Key Note Speaker, Mr. Varun Sheth, co-founder of Ketto, India’s No.1 crowdfunding Platform and recently made it to the list of Forbes 30 under 30 leaders of India, 2017. Mr. Sheth addressed the audience and shared his thoughts about entrepreneurship and the start-up ecosystem. Saket Agrawal, Managing Partner at Onnivation, graced the event to give valuable insights to the budding start-ups. Onnivation helps Israeli technology companies to scale in India. Rimjhim Ray, a proud SPJIMR Alum, and a serial entrepreneur, gave motivation to the students in crowd to pursue their ideas. She is on her way to pick Series A funding for her venture: Frapperz.

The event proved an interesting affair for many investors who joined as panellists also. Some of the name are: Sharad Dalmia of Mumbai Angels Network, Bikram Mahajan of SBI Capital, Amit Mehra of Unicorn India Ventures, Ashish Gangrade of Tata Industries, Apurva Damani of Artha Ventures

The pitching start-ups were divided into four tracks, namely Indy-genius, Budding, Flourish and Fintech. The first track comprised of start-ups striving to make a difference in upliftment of the nation, the second track consisted of only student ideas which needed mentorship & guidance to scale their product/service. High participation from PGDM, SYB and GYB programs of SPJIMR, the third track consisted of start-ups from diverse sectors like Education, food, Health, Automobile and more wanting to go BIG. The fourth track, sponsored by HDFC bank consisted of Fintechs from across India. LST 2018 went international with the participation of a Spanish start-up Sentimer. FASAL from the Indy-genius, Purpule and Anytimeloan from the Fintech, Dr. Store from the Flourishing and Ospitalita from the budding track proved to be the winners after a day of pitches, discussions and presentations. Cash prizes worth 2.25 Lacs were awarded during the closing ceremony of the event.

A unique live Mock IPO Event was also organized which saw immense participation of students from SPJIMR, Jai Hind College and St. Francis College. They invested virtual money in the companies post their 90 second pitch and 8-minute presentation. The students interacted with entrepreneurs to get to know their ideas better. Top 3 students from the Mock IPO competition and Routine Protein was also rewarded for company with the highest Market-Cap.  

The LST team was delighted to partner with HDFC Bank for the FinTech Track and also with Google Cloud, who will be extending their services to all eligible participating start-ups. The success of the event was celebrated as the aim to bring start-ups and investors closer was accomplished by end of the day. 21 out of the 36 participating start-ups have already been approached by Investors and other panellists for further discussion for rounds of investment. The event was appreciated by all stakeholders for flawless execution. The organising team, Projects Committee 2017-18 has certainly raised the bar even higher for this prestigious and unique event.


Varun Sheth

Founder and CEO, Ketto.

Varun Sheth is the Founder and CEO of Asia's largest crowdfunding website "Ketto". He has a background in finance and a foregrounding in genius. He was born and brought up in Mumbai; did his schooling in Jamnabai Narsee School and college in Narsee Monjee. Having always been interested in the financial sector, he went on to do a couple of financial programmes that included chartered financial analyst (CFA) and financial risk management (FRM). 

Varun has extensively volunteered in the non-profit spaces back in college. He worked with NGOs such as The Akshara Foundation and Care India and he is also an alumnus of Dasra Social Impact. The experience helped him understand the functioning of NGOs better and realize the issues they experience.

In his spare times Varun likes to read books and listen to country music.

Recently, he has been ranked as top entrepreneur in the 2017 edition of Forbes Magazine, 30 under 30.



Mr. Avinash Kalia

Founder/Managing Partner of  Crucible Investment Advisors

Mr. Amit Mehra

Principal, Unicorn India Ventures

Mr. Pranay Gupta

Entrepreneur, Startup Enthusiast at 91springboard

Mr. Abhay Tandon

Program Manager–Target Accelerator

Mr. Pranav Marwah

Founding Partner at thinQbate

Mr. Saket Agarwal

Managing Partner at Onnivation, Head of Business Development-Spotinst, India, Angel Investor

Mr. Bikram Mahajan

Director - Neev Fund at SBICAP Ventures Ltd.

Mr. Apurva Damani

Director of Artha India Ventures 

Mr. Utkarsh Sinha

Investment Professional at Touchstone Equities

Mr. Mangesh Pathak

Founding Member at Ambit Pragma Ventures

Mr. Hitesh Sachdev

Head - Startup Engagement, Innovation & Investments at ICICI BANK

Mr. Sharad Dalmia

Co-Founder of, Early Stage Investing


Mr. Ashish Gangrade

Assistant Vice President -Projects, Tata Industries Limited





Mr. Uday Wankawala

Consulting and Mentor Startup ecosystem

Mr. Nischal Kapadia

Strategy & Projects - Office of Deputy CEO for Global Wealth & Asset Management




Mr. SS Mohanty

Director - SFIMAR, Qualification : B.Com, M.Com, MBA, Ph.D

Mrs. Haseena Sayed

Associate Professor-Jai Hind College,Head - Academics –Prahlad Kakar School of Branding  and Entrepreneurship




Saket Agarwal

Managing Partner, Onnivation

Onnivation is a cross-border accelerator which invests in the Indian operations of Israeli tech companies and helps them scale in India by being hands on. 

Onnivation is focussed on bringing cutting-edge technologies in the Cloud, DevOps, AI, ML and Cyber Security space that are solving major tech challenges for Indian enterprises.

Saket is a Mentor at “Edugild”, India’s first Edtech accelerator and the “National Entrepreneurship Network” where he is helping startups with strategy and industry linkages.

Saket is a Chartered Accountant & Company Secretary by qualification and World Economic Forum Global Shaper.

Shiju Rawther,

Head - IT Infrastructure & Security Operations,Transunion Cibil Ltd


Rimjhim Ray

Co-founder, Frapperz.

Rimjhim is the Co-founder at Frapperz, a Work 3.0 platform that leverages AI to connect users to relevant people and opportunities based on shared purpose. Rimjhim is a serial entrepreneur who earlier co-founded Unmarketeer - a creative digital-marketing firm. Rimjhim holds a degree in Mathematics and Computer Science from Jadavpur University. She later studied at Imperial Business School, London and SPJIMR, Mumbai. Rimjhim was a business head at Leo Burnett group before she quit a promising corporate career and started up.

Rimjhim loves writing, trekking and running marathons. Her debut book has been a Times Books best-seller. She was listed as a ‘Woman of influence’ by Twitter India.



Joy Bhowmik


Amit Mehta




Anwesha Chakraborty



"Thanks, Shirish, for inviting me to your wonderfull event (LST). Yes, it was worth it coming from Pune just for that" . 


"Thank you so much for having me there! It was a very well organized event. I was impressed at how the students were keeping strict track of time with the buzzers - I'm going to user this going forward for any pitches i hear"


"Many many thanks to inviting me to LST and congratulations once again on its success. Overall it was  a wonderfull experience, the highlight being the quality of startups that presented "


"Firstly - thank you for inviting me to the event - it was  great to be there my compliments to the entire team for organising it so well. Secondly, I think the entire excercise was personally enriching as we got to meet so many new teams with such vibrant ideas. I wish the event continues and grown in vibrancy"



LST 2018 - Addressed by Ms. Rimjhim Ray, Co- Founder of Frapperz

LST 2018 - Addressed by Mr. Saket Agarwal, Managing partner at Onnivation

LST 2018 - Addressed by Prof. Shirish Kotmire, Head - start - up Incubation Centre, SPJIMR

LST 2018 - Addressed by Mr. Varun Sheth, Founder of Ketto

LST 2018 - Q&A session by Varun Sheth, Key Note Speaker



Glimpses of LST 2018

Bhavan's Campus
Munshi Nagar | Dadabhai Road,
Andheri West | Mumbai - 400 058, India
Tel:+91-22-2623-0396/ 2401