In our list of India's Best 50 - the 50 Most Promising Incoming MBA Students 2023, we feature MBA students who have walked that extra mile and done that little more to stand out! One of those featured in today's story, Kiran Muchandimath, has shown an incredible amount of passion to achieve her true potential.
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Kiran Muchandimath, a small-town graduate in electronics and communication engineering, discovered her true passion in fashion and co-founded Wear Akira in 2021. Under her leadership, the clothing manufacturing company achieved remarkable success, with a six-figure monthly revenue within eight months and an impressive profit margin of 120%. Kiran's visionary mindset drove the conceptualization and design of over 600 unique apparel for women, expanding the brand's reach to eight countries through strategic partnerships. Her hands-on approach in optimizing the supply chain, market-driven strategies, and efficient target-sales metrics contributed to Wear Akira's profitability and customer engagement, with social media reaching over 2.7 million people. Kiran's dedication to inclusivity, strong stakeholder relationships, and relentless pursuit of excellence mark her journey from a small-town graduate to a trailblazing entrepreneur.
Kiran Muchandimath approaches problem-solving with creativity and innovation, as evidenced by her experience as the co-founder of Wear Akira. Faced with challenges in reaching the target audience and boosting sales, she utilized cutting-edge social media marketing techniques, creating a distinctive client experience. The campaign's success, resulting in a 100% growth in sales, highlights her ability to think outside the box and leverage unconventional solutions.
Handling setbacks, Kiran, as the co-founder of Wear Akira, demonstrates a systematic and data-driven approach. When faced with a sales reduction in the Premium Collection launch, she conducted data analysis, market research, and identified issues before revamping the marketing strategy and making collaborative efforts. This strategic problem-solving approach resulted in turning around the sales reduction and solidifying the brand's position.
In an ethical decision-making scenario as the college's cultural coordinator, Kiran faced a dilemma concerning the fairness and integrity of an intercollegiate tournament. She chose to confront the issue, conduct a thorough investigation, and ensure that the competition's principles were upheld. This decision showcased her commitment to justice, transparency, and the values of fair play.
Describing a negotiation scenario while serving as the college's cultural coordinator, Kiran successfully mediated a conflict among the executive team regarding job assignments. Using a hybrid approach that combined expertise-based assignments and equal distribution, she achieved a balance that considered every team member's concerns. This experience reflects her ability to navigate conflicts and foster an inclusive and cohesive team dynamic.
For her candidacy as one of India's Most Promising Incoming MBA Students 2023, Kiran emphasizes her exceptional academic achievements, leadership skills, and entrepreneurial accomplishments. Her journey from a small-town electronics and communication engineering graduate to co-founding and accelerating the success of Wear Akira showcases her vision, adaptability, and commitment to making a significant difference in the fashion industry.