Great Lakes takes through various management exams namely GMAT/CAT*/XAT +/CMAT. Yes the past academics are considered for admission but there are other factors too like essays , work experience and performance in the interview.
Based on your past academics there does not seem to be much problem but make sure you score a good percentile and clear the interviews impressively to stand a chance.
Their evaluation process includes factors like:
All the best!
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