November 18, 2021

Crisis Bidding gamified


The event was about understanding the technique of raising the bids in buying assets, keeping their net worth in mind, testing their spontaneity, teamwork and problem-solving skills. In the Blind Bid round, the contestants collected as many assets as they presumed useful, without knowing the upcoming crises they would be presented with. In the next round, First Crisis, each team submitted a document containing information on how they would solve the crisis with the assets they had acquired. In the Barter round any exchange of assets that took place was reported to the logistics team conducting the event. The Second Crisis was another round of bidding by the contestants. The teams submitted their respective solutions, and it marked the end of the two initial rounds and elimination of the contestants to reveal the finalists. In the last round the finalists presented their solution with the given assets. The team had to face questions about the loopholes in their solution by the jury and the rest of the teams. Darsh Agarwal and Gagan Gupta won first place. Kavisha Mathur and N.M. Aditya bagged the second place followed by Punarv Dinakar and Siddharth Kamath who came in third. Sanjay Bhargava, a PayPal Veteran and Starlink Country Director at SpaceX spoke on Disruptive Innovation in the live speaker session. Crisis Bidding contest was organized by PES Entrepreneurship Cell of RR campus on November 13, 2021.