Comverse: Champion's Cup (IPL Auction)

Introducing The Champion's League, DU’s first-ever IPL Auction where strategy meets passion! Step into the role of a club manager, handle a massive budget, and build your dream 11-player squad by bidding live for top Champions League stars. Balance finances, squad composition, and react to real-time News Flashes that impact player ratings. Trade, negotiate, and outwit rivals during transfer windows. It’s a thrilling blend of cricket, finance, and tactics only the smartest manager will claim the Champion's Cup! Rules and Regulations: The event is open to all B-schools and Universities. Each team can have a *minimum of 1 and a maximum of 4 members.* Teams can comprise first, second, or third year students, irrespective of their area of specialization. Intercollege teams are encouraged and welcome to come together for collaborative participation. One participant must not be a part of more than one team. All decisions regarding eligibility and final judgment shall rest with the organizing team. Round 1 - Com Quiz (Online) An engaging quiz round will be conducted online via the Unstop app, setting the stage for an intense test of participants’ basic acumen in the world of commerce and the stock market. This round comprises approximately 20 carefully curated questions that challenge each participant’s understanding of key concepts, trends, and strategies in the financial realm. Round 2 - Champion's League (Offline) Each team will consist of max 4 members, and any change in the lineup requires prior approval from the Organizing Committee. All teams must manage their given budgets carefully overspending will result in disqualification. Every team must complete an 11-player squad covering all positions.“News Flash” twists introduced by organizers may impact player ratings or budgets and cannot be challenged. Final Round - Final Deal (Offline) Teams Will Deliver an 8–10 Minute Pitch Covering Their Problem, Solution, Target Market, Revenue Model, Financial Projections, and Investment Ask. After the Pitch, a 5-Minute Q&a and Negotiation with The Sharks Will Take Place. Sharks Will Test Ideas, Challenge Valuations, and Push Deal-Making Skills. Teams Must Defend Their Numbers and Decide Wisely Between a Deal, Counter-Offer, or No Deal. General Rules: Teams Must Report on Time for The Auction and Transfer Windows. Late Arrivals May Face Budget Cuts or Reduced Bidding Time as Penalties. The Auctioneer’s Decision Is Final. All Disputes Must Be Raised Immediately. Bidding Must Remain Professional and Fair Throughout the Session. Teams Must Maintain Professionalism, Respect, and Friendly Competition Throughout the Event. During the live auction and transfer windows, the use of external devices (mobiles, laptops, etc.) for real-time market research, financial calculations, or seeking advice from non-participants is strictly prohibited.