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Entrepreneurship

Mohammad Anas Wahaj | 14 oct 2013

Indian entrepreneurs have consistently made their mark globally in various fields and industries. In recent times technology is one of the sector where their contribution has received most attention. Both within India and abroad they have created businesses that have achieved extraordinary successes. The few great ones mentioned in the article are: Amar Bose - founded Bose Corp., the provider of some of the most innovative sound systems in the world; Ram Sriram - the serial entrepreneur and technology investor most known for his involvement with companies like Google, Amazon, Netscape; Vinod Khosla - co-founder of Sun Microsystems and well known technology venture capitalist with current interest in clean energy technologies; Sabeer Bhatia - founder of Hotmail that popularized email communication service; NP Narayana Murthy - co-founded Indian global IT major Infosys and is often considered as the father of the Indian IT industry; Arjun Malhotra - co-founder of Hindustan Computer Ltd (HCL) and later involved with the founding of a successful IT services company. Read on...

tech2: India's greatest tech entrepreneurs
Author: NA


Mohammad Anas Wahaj | 26 sep 2013

Indian entrepreneurial and start-up ecosystem is evolving with angel investors, incubators and business accelerators finding innovative ways to work with entrepreneurs and start-ups. Industry data points out that 40 incubators and accelerators are operating in the country and they mentor, guide and fund around 400 start-ups annually. The value added services they provide include - hire talent, get business leads, search for prospective investors, networking platform, refining business operations, customer development, expand distribution, build brand, provide work space with support services etc. Read on...

Business Standard: Mentoring, the new seed capital investors bring to start-ups
Author: Sudipto Dey


Mohammad Anas Wahaj | 11 sep 2013

In India high level of empowerment and awareness regarding entrepreneurship results in creation of startups and entrepreneurship culture. Another important aspect of Indian entrepreneurship is the art of 'jugaad' (or lean innovation) or hustling. The article explores the connection between hustling and entrepreneurship and considers it as an important trait of an entrepreneur. Hustling keeps the entrepreneur going in difficult circumstances and situations while pursuing his idea to make it a reality. It becomes the part of his personality when he makes the choice of continuing his entrepreneurial activity and moves forward with a resolve that no matter what the demands are he will not look back until he has achieved his goals. He views even the mistakes and losses as the learning experiences that further strengthens his commitment. Read on...

ZDNet: India startups find link between hustling, entrepreneurship
Author: Srinivas Kulkarni


Mohammad Anas Wahaj | 08 aug 2013

Market research suggests that Indian business-to-business sector is on a growth path and continues to provide opportunities for entrepreneurs. However they require caution and complete understanding of the product offering before treading into the segment. According to experts since volume of B2B transactions is larger than B2C, therefore the marketing strategies need to focus on the customers that businesses are targeting. B2B marketing message concentrates on value, service and trust while B2C on consumer's needs and satisfaction. Read on...

Silicon India: B2B Models of Entrepreneurship: The Blessing or Mess-Up!
Author: NA


Mohammad Anas Wahaj | 20 jun 2013

India lags behind in female entrepreneurship and is currently ranked 16 out of the 17 nations considered in Gender-GEDI Female Entrepreneurship Index. Top four were developed nations - US, Australia, Germany and France. Although India scored relatively high on 'opportunity recognition' but scored low on 'institutional foundations', suggesting that there are limited options for women to materialize their perceived opportunities. Moreover it is mentioned that the index did not cover India's large unorganized and informal small and medium business sector where most entrepreneurs and self employed people are engaged in. So the low ranking might be a result of limited data. Read on...

Moneycontrol: India fares poorly on new female entrepreneurship index
Author: Ankush Chibber


Mohammad Anas Wahaj | 15 may 2013

According to a recent survey of 550 Indian entrepreneurs, 82% consider starting a business again if provided a chance to do so. This represent the unwavering commitment to entrepreneurship by Indian small and micro business owners. SMEs amount to about 95% of Indian businesses and 22% of India's GDP. The survey also mentions lack of proper credit and governmental red tape as biggest impediments to entrepreneurship. Slow economic growth and lack of governmental support for entrepreneurs are other stifling factors. Read on...

The Times of India: Indian entrepreneurs display never-say-die attitude: Regus survey
Author: NA


Mohammad Anas Wahaj | 24 apr 2013

Considering that India is a traditionally hierarchical society, researchers working on relationship between 'Caste and Entrepreneurship' observed that scheduled castes and scheduled tribes, the lowest groups in the hierarchy, own very little businesses even though India has introduced various affirmative action and equal opportunity programs. Researchers found that in 2005 with about 42 million enterprises, scheduled castes own 9.8% of the enterprises while scheduled tribes own only 3.7%. Although their respective share in populations is 16.4% and 7.7%. Experts point to various reasons for this- discrimination, lack of knowledge, illiteracy and securing financing to start businesses. Since inclusive entrepreneurship is critical for nation's overall growth and job creation, it is important that policy makers, business organizations, financial institutions etc promote 'Inclusive Entrepreneurship' for sustainable development of all communities and therefore the country. Read on...

BBC News: Caste and entrepreneurship in India
Author: Soutik Biswas


Mohammad Anas Wahaj | 23 apr 2013

'Business Accelerators' are enhancing the Indian entrepreneurial ecosystem by providing support and services to entrepreneurial ideas and early start-ups. Accelerators go beyond funding and provide mentoring and other business enhancing services to business concepts and early stage entrepreneurial companies and assist them in their growth at the critical stage of their development particularly 'proof-of-concept' stage. According to reports, there are around 35 accelerators working in India. The article explores the formation and evolution of one such accelarator operating in India. Read on...

Money Control: Accelerators - How they are boosting India's entrepreneurs
Author: NA


Mohammad Anas Wahaj | 15 apr 2013

Considering that India and Africa have similar socio-economic issues, entrepreneurial partnerships and exchanges can play a very important role in finding innovative solutions. Efforts are on to bring together entrepreneurs from these two big and underdeveloped regions of the world to enhance mutual understanding and cooperation. Some of the key areas of importance are healthcare, education, environment, governance, food and nutrition. Read on...

Business Today: INDIAFRICA - Promoting Indo-African entrepreneurship
Author: Dearton Thomas Hector


Mohammad Anas Wahaj | 13 apr 2013

To be successful in the globally competitive environment and lead in the local markets, Indian companies have to adopt 'Open Innovation', a collaborative approach to innovation by exploring and utilizing the inputs from external sources at various stages of new product development and also for continuous improvement and upgradation of existing products and services. Institutions and research laboratories can be great sources for tapping new ideas, concepts and technologies for commercialization. Read on...

The Hindu: Indian companies need to embrace open innovation
Author: Rishikesh T. Krishnan

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