Stock Report

Mastek's Project Deep Blue Marks a Decade of Nurturing Future Innovators



Posted On : 2025-03-26 13:25:13( TIMEZONE : IST )

Mastek's Project Deep Blue Marks a Decade of Nurturing Future Innovators

Mastek (NSE: MASTEK; BSE: 523704), a trusted digital engineering and cloud transformation partner, proudly marks a decade of success with the 10th edition of Project Deep Blue, a pioneering buildathon designed to bridge the gap between academia and industry. Over the past ten years, this initiative has evolved into a flagship student innovation program, empowering young engineers with creative problem-solving skills, industry mentorship, and hands-on experience in addressing real-world challenges.

Project Deep Blue, the brainchild of Mastek's thought leaders, goes beyond competition-it is a professional development platform that nurtures critical thinking, innovation, and leadership. Unlike conventional hackathons, this initiative spans three months, providing mentorship and guiding young students to develop solutions that are technically solid, socially relevant, and market-ready.

Since its inception in 2015, Mastek has engaged 12,677 engineering students, championing innovation & problem solving beyond ideation. The initiative encourages aspiring engineers to challenge the status quo and build technology-driven prototypes with real-world impact. This year's problem statements leverage GenAI, IoT, and ML to address pressing challenges including urban food waste management, sedentary behavior monitoring, fleet route optimization, and object dimension estimation from selfies.

Mastek congratulates the Project Deep Blue 2025 winning team from Sri Sairam Engineering College, Chennai, for their impactful solution to the problem statement, 'Estimating Physical Attributes and Object Dimensions from Selfies.'

Ashank Desai, Founder & Chairman, Mastek commented, "Project Deep Blue is a celebration of innovation, collaboration, and talent. Over the past decade, it has empowered students to push boundaries, solve real-world challenges, and become tomorrow's tech leaders. By working closely with NGOs, we are not just fostering technical excellence but also driving meaningful social impact. As we mark ten years of this transformative journey, we look forward to shaping the future with the same spirit of determination and limitless possibilities."

"As Project Deep Blue marks a decade, Mastek remains committed to nurturing young talent into future innovators. By bridging academia, technology, and industry readiness, we are shaping leaders who think critically, create fearlessly, and innovate with purpose to build a more sustainable world," said Ritwik Batabyal, CTO & Innovation Officer, Mastek.

"Project Deep Blue is a unique Launchpad for innovation, bringing together students, mentors, and innovators. It connects students with industry & incubators, enabling them to build early-stage startups, transform ideas into sustainable businesses, and become job creators rather than job seekers." said Dr. Ravi Shankar, AI & Data Science Leader, Co-founder of Gram Paathshala, Entrepreneur & Keynote Speaker.

"The problem statements truly touch upon real-world challenges, and the prototypes showcased by students-cum-aspiring entrepreneurs demonstrate immense potential for positive societal impact. It is commendable to see young minds leveraging technology for critical issues like food waste management. Project Deep Blue is elevating student innovation to the next level." said Mr. Manoj Magar, Founder & CEO of Rays of Hope Ministries.

Shares of Mastek Limited was last trading in BSE at Rs. 2273.90 as compared to the previous close of Rs. 2285.60. The total number of shares traded during the day was 12106 in over 1267 trades.

The stock hit an intraday high of Rs. 2330.95 and intraday low of 2261.10. The net turnover during the day was Rs. 27781507.00.

Source : Equity Bulls

Keywords

Mastek INE759A01021 CloudTransformationPartner 10thEdition ProjectDeepBlue Buildathon