Jaraka JarakaBuilding businesses for Institutes

BAZAAR · BUSINESS SIMULATION

Bazaar helps students build real companies.

FOUND — Stages 0 to 2 0 Founder SWOT Self-assess to own your niche 1 Ideation 4Ps, STP, True North 2 Market Research HSE teardown, HR 50/pull BUILD — Stages 3 to 5 3 Prototyping Brand, P&L, unit economics 4 Consumer Research Peer test, HR 200 per job 5 Fine-tuning Diff per cycle, HR 100/cycle GROW — Stages 6 to 8 6 Launch Trade licence, IPO 7 Scale Hire, report, rank 8 Skill Mastery Certify, export, hire

THE 9-STAGE JOURNEY

From idea to IPO in one semester.

Students progress through three phases, each building on the last.

FOUND Stages 0–2
  • 0Founder SWOTMap your strengths, blind spots, and the market gap you can credibly own. The output is a one-page self-assessment that stays visible throughout the simulation.
  • 1IdeationWrite the Problem, Promise, Proof, Payoff, and True North for your startup. Then complete the 4Ps and an STP analysis. One sentence that says what you sell, to whom, and why they care.
  • 2Market ResearchScreen historical companies on the HSE. Each data pull costs HR 50. Run a full teardown on your chosen company and pick the niche your startup will occupy.
BUILD Stages 3–5
  • 3PrototypingUpload your brand assets, write the product specification, model unit economics, and build a pro-forma P&L. Faculty review the financials against a rubric before you can proceed.
  • 4Consumer ResearchPost a consumer test job on the Marketplace for HR 200. Real peers test your prototype and return results. You cannot self-report. The results feed your Stage 4 artefact automatically.
  • 5Fine-tuningEach revision cycle costs HR 100 and shows you a diff against your previous submission. Stop when your numbers hold. The cycle count appears on your cap table as a signal to investors.
GROW Stages 6–8
  • 6LaunchFile a trade licence, build your founding team (up to 9 members), hire a peer Certified Accountant, and apply to list on the Historical Exchange. Faculty approve the IPO before it goes live.
  • 7ScaleGrow your team from the jobs marketplace, publish monthly P&L reports, and navigate sector events that shift your revenue. Rank against peers on revenue, HR earned, and market share.
  • 8Skill MasteryEarn certification in three specialist tracks: Certified Accountant, Market Research Analyst, or Product Design Specialist. Each requires proof upload and faculty approval. Credentials are exportable.
Locked Open In Progress Awaiting Review Scored Revision Needed Closed

THE ENGINE

Three mechanics that make the market real.

The simulation only works because three systems are always running: a shared clock that cannot be paused, a currency that can run out, and a real data market that responds to what students do.

SIM DATE 15 March 2004 Day 45 of 90 50% of semester complete Next tick in 02:34

Simulated Time

Every student in the realm shares one calendar. Each tick advances the date, fires market events, and opens the next stage window. Faculty set the tick rate. Students cannot pause it. Missing a deadline costs HR and leaves the stage in a Revision Needed state.

YOUR BALANCE Habbinson Rupee HR 12,450 + HR 200 Daily stipend Today - HR 500 Stage 3 research pull Day 44

HR Currency (Habbinson Rupee)

Capital is finite. HSE data pulls cost HR 50 per query. Consumer tests cost HR 200 per job. Each fine-tuning cycle costs HR 100. A trade licence costs HR 500. The daily stipend is HR 200. The only way to earn beyond stipend is to win marketplace contracts.

HISTORICAL EXCHANGE RetailCo Ltd (RTLC 2003) 90 70 50 BUY SELL +73% over 8 months Trend: Strong growth Data pull cost: HR 50 per query Pull Data

Historical Exchange (HSE)

Over 400 real historical companies across 12 sectors, each with five years of price data, fundamentals, and quarterly news. Students screen by P/E, revenue growth, and sector. A teardown is a required Stage 2 artefact. At Stage 6, approved startups list their own ticker here for peers to buy.

FACULTY

Run the class live from one screen.

The faculty dashboard shows the whole class in one view: who is where, what is flagged, what is late, and what grade each student is heading for. No spreadsheets, no email threads.

Realm: MBA Batch 2024 47 students · 8 on Stage 3 · Sim day 45 LIVE 12 REVIEW QUEUE 3 RISK FLAGS 8,240 AVG HR 18 COMPLETED STAGE DISTRIBUTION 2 Stage 0 4 Stage 1 6 Stage 2 8 Stage 3 7 Stage 4 6 Stage 5 3 Stage 6 2 Stage 7 9 Not started RECENT REVIEWS PS Priya Sharma Stage 3 — Prototyping AI FLAGGED Approve Override RK Rahul Kumar Stage 4 — Consumer Research AI PASSED Approve Reject AP Ananya Patel Stage 2 — Market Research NEEDS REVISION Request Send back

AI-Assisted Review Queue

The LLM reads every submission against the configured rubric and returns a score, a risk flag, and a one-paragraph rationale. Faculty see the flag and the reasoning, then click Approve, Override, or Send Back. Average review time: under 90 seconds per student.

Realm Announcements

Compose once, push to every student in the realm. The message appears on each student's home screen with a sim-date timestamp. Students cannot dismiss it for 24 sim-hours. Useful for deadline reminders, market alerts, and rule changes mid-semester.

Grading and Grade Override

Grades compute automatically from rubric scores across all stages. Faculty see the breakdown per stage, an appeal history if the student submitted one, and a log of any prior override. Export a CSV or push to the institution's LMS in one click. No manual reconciliation.

IPO Approvals

When a Stage 6 startup hits the revenue milestone and files an application, it lands in a separate IPO queue. Faculty check the milestone checklist and approve or reject. Approved startups get a live ticker on the HSE that every student in the realm can buy into.

THE MARKETPLACE

Students hire each other.

Every student is simultaneously a founder and a freelancer. Your peers are your suppliers, your testers, your accountant, and your competition. The only currency that changes hands is HR.

STAGE 4 REQUIREMENT

Consumer Test

Post a prototype, landing page, or question set. Peers accept for HR 40 per task. Results feed into the founder's Stage 4 artefact automatically. You cannot self-report results.

STAGE 6 REQUIREMENT

Peer CA Hire

Every trade licence at Stage 6 requires a Certified Accountant sign-off. Founders post a hire. Only peers who completed the CA certification track can bid. No credential, no bid.

OPEN MARKETPLACE

Design Brief

Post a brief for a logo, packaging design, or pitch deck visuals with a budget in HR. Designers place bids. Escrow holds the fee. HR releases to the designer only after the founder confirms delivery.

PEER CREDENTIAL REQUIRED

Legal Review

Trade licence applications are reviewed for completeness by peers who hold the Legal Specialist credential. An incomplete application comes back as a revision request with a written note.

OPEN JOB Consumer Research Tester Posted by: NovaTech (Stage 3) · Budget: HR 200 5 bids received ESCROW ACTIVE Sim deadline: Day 50 Place Bid Bid 1: AR - HR 180 Bid 2: MK - HR 200 +3 more

STAGE 8: SKILL MASTERY

Skills that outlast the simulation.

Students who complete certification tracks graduate with verifiable credentials tied to real LMS completion.

Certified Accountant (CA)
Requires Stage 5 complete · HR 300 fee · Unlocks Stage 6 peer hiring
Market Research Analyst
Requires Stage 2 complete · HR 200 fee · Unlocks HSE advanced data
Product Design Specialist
Requires Stage 3 complete · HR 250 fee · Unlocks Design Brief marketplace role
LMS Integration
Moodle, Canvas, Blackboard, and Brightspace. Completion data flows automatically to the institution's gradebook.
Proof Upload and Faculty Approval
Students upload evidence. Faculty review and approve within the same review queue used for stage submissions.
Exportable Evidence for QA
Every certification produces a timestamped record exportable for NAAC, NBA, and CAA accreditation audits.
Referenced in Stage 6 Hiring
The Certified Accountant credential is a hard requirement for founders hiring a peer CA at Stage 6, creating a real economic incentive to certify.

INSTITUTIONS

Built to run a whole college at once.

INDIRA GROUP

Selected after a 20-minute demo

Indira Group of Institutes selected Bazaar with 30 faculty in the room, no pilot, and all 9 stages in scope for every BBA and MBA batch across 11 campuses.

MULTI-REALM

One view across every batch

Each batch runs in an isolated realm with its own sim clock and rubric. An Institute Head logs in once and sees stage distribution, HR balances, review queue depth, and IPO count across every campus in real time.

ACCREDITATION

Six CAA pillars, one export

Employment (jobs marketplace), Learning (stage rubrics), Research (HSE teardowns), Industry (historical market data), Reputation (IPO applications), Community (peer contracting). Every auditor question answered by a timestamped Bazaar export.

LMS NATIVE

Roster sync, grades back

Moodle, Canvas, Blackboard, and Brightspace. Rosters sync every 24 hours. Grades push to the gradebook on faculty sign-off. No CSV import, no manual reconciliation, no second login for students.

Book a live demo See Bazaar run with a real cohort — 30 minutes, no slides.