Tuesday, December 10

Tag: Entreprenenur

Bengaluru Most Hospitable to Tech Startups; NCR Next Best
ANALYSIS

Bengaluru Most Hospitable to Tech Startups; NCR Next Best

(ANI): Bengaluru is host to the largest share of technology driven start-ups, followed by the Delhi NCR and Mumbai while Hyderabad and Chennai are also quite popular among the techies who are budding entrepreneurs, according to an ASSOCHAM study. The study done in association with the thought arbitrage found that in the technology driven start-ups, India has moved up to third position with the US occupying the top position with more than 47,000 and UK with over 4,500. India's tech start-ups number around 4,200 up to 2015. In terms of total number of start-ups, comprising tech and non-tech areas, India again figured among the five largest hosts in the world along with China. The number of start-ups in both India and China was 10,000 each. The US is at the number one position among...
NASSCOM, Facebook ink Signed MoU to Engage With Indias Entrepreneurs
News

NASSCOM, Facebook ink Signed MoU to Engage With Indias Entrepreneurs

The trade body of Indian IT firms NASSCOM has signed a MoU with Facebook to build a product design initiative to engage the country's young entrepreneurs into becoming problem solvers and solution builders. Signed in Silicon Valley this week, the NASSCOM-Facebook initiative is likely to propel innovative thinking and approaches to build solutions in key sectors where technology can play a transformational role, NASSCOM President R Chandrashekhar said. "This is a joint initiative to catalyse the innovation ecosystem and to help design thinking. Today, we are at an inflection point where the industry is at the next phase of revolution and moving towards the whole startup and innovation part, which is coming on the heels of the two-decades-old of the growth of the services company," Chand...
Rich and powerful warn robots are coming for your jobs
News

Rich and powerful warn robots are coming for your jobs

Some of the richest, smartest and most powerful humans have an important message for the rest of us as they convened this week to discuss pressing global issues: the robots are coming. At the Milken Institute's Global Conference in Beverly Hills, California, at least four panels so far have focussed on technology taking over markets to mining - and most importantly, jobs. "Most of the benefits we see from automation is about higher quality and fewer errors, but in many cases it does reduce labor," Michael Chui, a partner at the McKinsey Global Institute, said on Tuesday during a panel on "Is Any Job Truly Safe?" The four-day annual conference, which began on Sunday, has 3,500 invite-only participants exploring "The Future of Human Kind." Technology has not only done away with l...
Indian Executives Open to Working With Startups: Survey
ANALYSIS

Indian Executives Open to Working With Startups: Survey

A half of Indian executives polled are open to work with start-ups as partnering with new-age companies bring in agile and innovative methods, says a survey. However, the other half is still sceptical about working with a start-up, according to annual EY-CIO Klub's Enterprise IT trends and investment survey titled 'the startup gene: a way forward'. The survey, which revolves around the idea of the startup gene, noted that the CIOs of the country can benefit from partnerships with start-ups and by imbibing the attitude of start-up entrepreneurs. About a half of 294 Chief Information Officers (CIOs) polled have shown faith in implementing start-up practices to get their work done. This was supplemented by the fact that 30 percent of the respondents were aligned towards 'Do It For...
FUNDING

Sequoia raised Largest VC Fund Approx $920 Million to Invest in Indian Startups

Sequoia Capital, Silicon Valley's top-tier VC fund closed fresh $920 million fund. Funds will largely invests in Indian startups. The fresh funds takes Sequoia's total investment assets to more than $3 billion in India. This is the biggest raise by any VC fund for India-specific investments, cementing Sequoia's leadership position in the domestic early-to-growth stage investing space. TOI had reported on September 8 last year about Sequoia Capital, a backer of companies like Just Dial, Freecharge, Zomato, Oyo Rooms, among others, being on the road to raise its fifth India fund. At the time, Sequoia was looking to shore up $800 million. Sequoia, which had backed tech giants like Google and Apple in their very early stages, will see the new fund invest in Indian and south-east Asian...
Dinesh Agarwal – Founder & CEO of IndiaMart, Also Invested in Little Eye Labs (acquired by Facebook)
Entrepreneurs Talk

Dinesh Agarwal – Founder & CEO of IndiaMart, Also Invested in Little Eye Labs (acquired by Facebook)

IndiaMart, a name heard by many, not only in India but all over the world. IndiaMART is an Indian online marketplace, serving since 1998 and based in Noida. The company have around 1.5 million suppliers listed on its website, with around 10 million buyers visiting the online platform every month. We recently met with the founder of Indiamart, Mr. Dinesh Agarwal at IIT-D where he motivated several students and yet-to-be entrepreneurs. Mr. Dinesh Agarwal is a very down to earth man, who knows how to do business. It is not just by his luck or ideas that helped him creating such a giant IndiaMart, but his will and passion for the same. We got the opportunity to ask him few questions about Indiamart and the current startup scenario in India.   Thank you so much Mr. Dinesh for this I...
The Most Awaited Start-Up Action Plan by PM Narendra Modi
INDIA

The Most Awaited Start-Up Action Plan by PM Narendra Modi

So finally the most awaited Start-Up India Event has ended, leaving a trail behind it to let other young entrepreneurs to walk under its light. Started with several Panels comprising of Secretaries, CEOs and Founders of various well fledged startups, the event was attented by around 1500 entrepreneurs. Organised at Vidhan Bhawan, New Delhi, it got around 2 lacs of applicants. The event started and at 9 in the morning and ended a couple minutes ago! (more…)
Meet Baap of Paytm – Vijay Shekhar Sharma
News

Meet Baap of Paytm – Vijay Shekhar Sharma

“I feel I am in my teens, and Paytm is my infatuation.”, said Vijay Shekhar Verma while he was shown in trailer made by MindBatteries. Mindbatteries is a video content creating company started a entrepreneur series called Startupreneur Series. According to Simar, Head of Mindbatteries "Our planning is to create interview of startup founders video series in fun and candid manner. [youtube https://www.youtube.com/watch?v=8fbhK3FKQF8] Vijay Shekhar Sharma is the founder and CEO of One97/Paytm, who is one such an Indian entrepreneur who has reached the heights of success before even reaching 40. The video shows his journey from being a small-town boy from Aligarh to building such a Billion Dollar giant. He owes his success to no one. It is just the result of his hard and smart work...
Looking For An Investment From RATAN TATA? Follow These Points
Story

Looking For An Investment From RATAN TATA? Follow These Points

If you are an entrepreneur and looking forward to receive a handsome investment for your million-dollar idea, from Ratan Tata, here are the points that’ll help you do that. Recently in an interview, Ratan Tata reveals the strategy he follows to judge an startup based on several points. Here are the key points: Are you an entreprenuer looking for an investment from none other than Ratan Tata? Here's his checklist Posted by Shereen Bhan on Wednesday, January 6, 2016 (more…)
Youngest entrepreneurs of India
Story

Youngest entrepreneurs of India

Inspiring Schoolpreneurs Youngsters are increasingly realizing that entrepreneurship is an important tool for country’s economic and industrial development. Though not in a fast pace, but entrepreneurship is certainly spreading its wings incrementally. Entrepreneurship didn’t exists few years ago, but at this point of time, school students know about it and are willing to experiment with their ideas. Name: Arjun Santhosh Kumar Age: 15 years Class: 10th grade Designation: Founder & CEO, LateraLogics Arjun Santhosh Kumar, a 10th-grade student of Velammal Vidhyshram in Chennai, is the Founder & CEO of his company LateraLogics, a technology company which focuses on custom apps development, web development and consulting. Fascinated with science and technology, Kumar d...
Meet Reuben Paul, A 9-Year-Old Indian Boy Who Is Both A CEO And Cybersecurity Expert!
Story

Meet Reuben Paul, A 9-Year-Old Indian Boy Who Is Both A CEO And Cybersecurity Expert!

At his age, boys are just stepping into the fantasy world of Hogwarts and beginning to identify with the Wimpy Kid, but Reuben Paul has his eyes on the rain the green code rain of The Matrix. The third-grader is already an accomplished hacker, app developer, cybersecurity expert, and, not surprisingly, CEO of a game development firm, Prudent Games. In hacker circles, he is also a respected speaker, who shares his wisdom from the dais while standing on a chair hidden behind the lectern. On Thursday, the smiling nine-year-old from Austin, Texas was back in action at Ground Zero Summit 2015, a meeting of cybersecurity experts and researchers, at one of the biggest hacker conferences in the world. Last year, he had delivered his keynote on November 14, Children's Day, but this time he's her...