Entrepreneurs Talk | Pixr8 News

TVF is The First Company in The Country to Create Progressive and New-Age Content- Arunabh Kumar

13Jun By PriyankaNo Comments

Entrepreneurs Talk

TVF is The First Company in The Country to Create Progressive and New-Age Content- Arunabh Kumar

Gurgaon's Signature Start Up Masterclass session had the storyteller Arunabh Kumar who shared his passion to paycheck journey during a free-wheeling chat with the host Cyrus Sahukar. Signature Start Up Masterclass is a celebration of the real-life success stories and provides a unique platform for passionate individuals who are looking for the right inspiration and guidance by giving them an opportunity to hear their icons share the story of how they managed to successfully convert their passion into paycheck. During the Masterclass session, Arunabh shared his story of how his future was decided for him when he went to Kota to prepare for IIT and made it in the next attempt, however, he had bigger dreams to fulfil. Arunabh came to Mumbai to work on a US Air Force project when he real...

Digital India Can Be a Major Driver of The India’s Growth – Arogyaswami Paulraj

13Jun By AnkitaNo Comments

Entrepreneurs Talk

Digital India Can Be a Major Driver of The India’s Growth – Arogyaswami Paulraj

Indian American inventor Arogyaswami Paulraj, known for his contribution to faster wireless connectivity popularly known as MIMO, the core technology used in all modern wireless networks, said digital India can be a major driver of the country's growth story if executed in the right manner. He also said that Make in India is "a good slogan" but "it is a long way from a good slogan to execution". "Digitisation of the country at every level will help and particularly with Adhaar, we can do a lot more. We really need to improve broadband access in India, which will be part of digital India campaign and the way to do it is through wireless and the way to wireless is largely through wi-fi as the access is cheaper," Arogyaswami Paulraj said. MIMO is a core technology used in all modern ...

Not Interested to Join Interest Rate War With Banks – Shinjini Kumar, CEO, Paytm Bank

9Jun By AnkitaNo Comments

Entrepreneurs Talk

Not Interested to Join Interest Rate War With Banks – Shinjini Kumar, CEO, Paytm Bank

Financial technologies player Paytm Bank today ruled out joining the rate war in the savings account interest rate space when it launches its payments bank, instead, it will focus on increasing revenue-accretive transactions. "Obviously, we do not want our customers to lose money if they are keeping their money with us, but at the same time we dont want to fight a war on interest rates," Shinjini Kumar, CEO of the Paytm payments bank venture, told reporters. Kumar, who just joined the bank from consultancy major Pricewaterhouse Coopers, explained that it is "counter intuitive" for a payments bank to offer higher interest rates as it has restrictions on how it uses the deposits. "It is very counter-intuitive for a payments bank to offer higher rate of interest on savings because they w...

India is Celebrating It’s Own Tech Innovation: Satya Nadella, Microsoft CEO

30May By NitishNo Comments

Entrepreneurs Talk

India is Celebrating It’s Own Tech Innovation: Satya Nadella, Microsoft CEO

India-born CEO of Microsoft Satya Nadella today said developers and entrepreneurs from India are playing a key role in driving innovation both in the country and outside and the company wants to be the platform for creators here. Nadella, on a one-day trip to India, today met Communications and IT Minister Ravi Shankar Prasad as well as student developers and entrepreneurs this morning. He is scheduled to call on Prime Minister Narendra Modi later in the day. "Its so inspiring for me to come here to see this broad spectrum of student developers, entrepreneurs, artists and even some big brands, e-commerce companies who are all changing the landscape of India and thereby, the world," Nadella said while delivering keynote address at Microsofts Tech For Good, Ideas for India event. ...

SoftBank Indian Investment May Surpass $10 Billion – Masayoshi Son

30May By Press Trust of IndiaNo Comments

Entrepreneurs Talk

SoftBank Indian Investment May Surpass $10 Billion – Masayoshi Son

Having made a string of technology investments in India, Japanese telecom and Internet giant SoftBank has said its investments in the country will top USD 10 billion in 5-10 years. SoftBank, which owns one of Japans biggest mobile carriers and a controlling stake in US-based Sprint Corp, will make its first USD 350 million investment in a solar project in India, its Chief Executive Masayoshi Son said. "We have already invested USD 2 billion and we are interested in investing more," he said. "India has a great future. We are interested in investing in Internet companies and also in solar energy. We would make strong commitments. Son said SoftBank is looking at accelerating the pace of investments in future. "We also made a first move on solar energy. We are making USD 350 million ...

Godrej Group Looking to Become $10 Billion Entity By 2020: Adi Godrej

22May By Press Trust of IndiaNo Comments

Entrepreneurs Talk

Godrej Group Looking to Become $10 Billion Entity By 2020: Adi Godrej

Diversified Godrej Group is looking to accelerate growth and multiply its size 2.5 times in the next four years to touch USD 10 billion mark by 2020 with acquisitions in emerging markets slated to play a key role in achieving the target. The group with interests in various sectors such as consumer goods, real estate, appliances and agriculture had announced its 2020 vision aiming to be 10 times the size of what it was in 2010. "Our objective is 10 by 10, which is ten times growth in 10 years at a compounded annual growth rate of 26 per cent. That is our objective. In next four years, if we grow with CAGR of 26 per cent then in four year we are about 2.5 times of our present size," Godrej Group Chairman Adi Godrej told PTI. He said the growth will be driven by both organic and inorgani...

Without Funding Paytm Can Sustain For Five Years – Vijay Shekhar Sharma

18May By AdityaNo Comments

Entrepreneurs Talk

Without Funding Paytm Can Sustain For Five Years – Vijay Shekhar Sharma

One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd.’s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that’s “predictable.” “We have enough money in the bank to last 21 quarters if we keep spending at the same rate as last year,” Vijay Shekhar Sharma, chief executive officer (CEO) of One97 that owns Paytm, said in an interview to Bloomberg TV in Hong Kong. “The last term sheet I signed was in 2014. We haven’t raised money since.” Many Indian startups are running out of cash, while others including Flipkart Online Services Pvt., India’s biggest e-commerce company, have had their valuation marked down. One97, which was founded in 2000 by Sharma, doesn’t plan...

Warren Buffett Says Berkshire ‘Fine’ With Trump or Clinton

3May By reutersNo Comments

Entrepreneurs Talk

Warren Buffett Says Berkshire ‘Fine’ With Trump or Clinton

Warren Buffett said on Saturday that Berkshire Hathaway Inc is poised to do well no matter who wins the White House in November, and the billionaire investor defended the performance and tactics of the conglomerate's several large investments. Buffett presided over his 51st Berkshire annual meeting in Omaha, Nebraska, where he and Vice Chairman Charlie Munger fielded five hours of questions on such matters as Coca-Cola's sugary drinks, lower shipping volumes on the BNSF railroad, risks from derivatives, and who might succeed Buffett as chief executive. Buffett, a staunch supporter of Democrat Hillary Clinton for president, was asked about the regulatory impact on Berkshire if Republican front-runner Donald Trump wins the 2016 U.S. presidential election. "That won't be the main pro...

I Sold My Entire Apple Stake Because of China – Billionaire Carl Icahn

30Apr By reutersNo Comments

Entrepreneurs Talk

I Sold My Entire Apple Stake Because of China – Billionaire Carl Icahn

Billionaire activist investor Carl Icahn said Thursday he had sold his entire stake in Apple Inc, citing the risk of China's influence on the stock. Icahn, in an interview with cable television network CNBC, also said he was "still very cautious" on the U.S. stock market and there would be a "day of reckoning" unless there was some sort of fiscal stimulus. Icahn had been a huge cheerleader of Apple, acquiring a stake in the company almost three years ago, repeatedly calling the investment a "no brainer." In an open letter to Apple Chief Executive Officer Tim Cook in May 2015, Icahn had argued that shares of the iPhone maker were worth $240, about 90 percent more than they had been trading. At $240 a share, Apple's market cap would be $1.4 trillion, Icahn asserted. But Icahn, wh...

Phase of Exuberance in Ecommerce Sector Over: TV Mohandas Pai

21Apr By Press Trust of IndiaNo Comments

Entrepreneurs Talk

Phase of Exuberance in Ecommerce Sector Over: TV Mohandas Pai

From a period of exuberance, India’s e-commerce sector has entered a reality check phase with players focussing on cost cutting and business viability as investors seek performance, tech investor T V Mohandas Pai said today. Pai, ex-CFO of software major Infosys, said 2015 was a year of exuberance as a lot of money flowed into the sector but it is no longer the scene now. “Now, the funds have become very costlier. Now, they (investors) are demanding performance. Capital is also becoming scarce driven by interest rates in the US and potential meltdown in demand in China. Europe is not growing and Japan is not doing well and there is fear. “That’s why venture capital flows have come down. They (investors) have become very selective. People are now beginning to ask questions as to wh...

‘Virtual Explosion’ of Entrepreneurship Going Forward in India: Anand Mahindra

12Apr By AnkitaNo Comments

Entrepreneurs Talk

‘Virtual Explosion’ of Entrepreneurship Going Forward in India: Anand Mahindra

Mahindra Group Chairman Anand Mahindra today said energy levels of Indians make him believe there will be a "virtual explosion" in entrepreneurship going forward. "If I use the adjective explosion, we will not be hyping it up...we have amongst the highest energy levels both in quality and quantity anywhere in the world. I see a virtual explosion in entrepreneurship," he said. The noted industrialist was speaking to reporters on the sidelines of the launch of a start-up award by visiting British royal couple - Prince William and his wife Kate. Though he acknowledged there is a talk of the start-up bubble bursting up, he said the Mahindra Group will continue to invest in the ecosystem through a specially-created venture called Mahindra Partners. There is already a talk of sta...

Chillr is Not a Wallet, We Have No Direct Competitors- Sony Joy, Founder of Chillr

25Feb By NitishNo Comments

Entrepreneurs Talk

Chillr is Not a Wallet, We Have No Direct Competitors- Sony Joy, Founder of Chillr

Meet Mr. Sony Joy, the Co-founder at MobME Wireless and CEO at Chillr, which is building a digital banking ecosystem connecting banks, customers, businesses and enterprises in an intuitive and mobile-first way. Chillr is a multi-bank mobile banking application that links directly to your bank account and helps you make easy money transactions. You can use Chillr to send and receive money, recharge your mobile phone, data card and DTH and also make payments at stores. We interviewed him on recent successful approach of chillr towards payment banking system, 1. Could you explain the end-to-end process of sending money via Chillr? As a customer, you initiate a payment by selecting the “Pay” option on our App and authenticating the payment using the MPIN. We then validate the de...