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ENTREPRENUERSHIP

Mahalakshmi Sankar
for TYBMS
INTRODUCTION
• In 1995 Sabeer Bhatia started hotmail with an idea - of a
free,internet based e-mail service that can be accessed anywhere in
the world-and seed capital from a pioneering venture,

• The idea found takers-


8.5 million of them by December 1997.

• That month itself,Microsoft Corporation,the world’s largest software


company,bought it off from him for whopping

$400 million.
The reasons behind the growth of
entrepreneurs are as follows -

1.The Demise of two things

• The first idea that has been junked is that you need a
large amount of capital to get it off the ground.

• The second concept to go was that you must make a


tangible product to sell.
Sandeep Gajakas
Shoe laundry
Rs 7000
Rs 1.5 lakh p.m
2.Spotting the need correctly

• Sunil Uplap - TanClean

• Hyderabad’s V.Pani Kumar Reddy


Dial-a –Meal

• Bangalore based Kiran Gopinath’s ozone media –an internet


advertising network
3.Business creates more
business
• E-States International
Pune based Sachin Dhanwala and Sundip
Joshy
They do the job of finding the right office
space
4.Entrepreneurs ride the boom
BPO
• Pinkerton Consulting and investigation
Checking the credentials of prospective employees

EVENT MANAGEMENT
• Chirag Bhatia and Varun Parekh
Temporary arrangement of students as staff.
5.Passion creates success
• Rashmi Vaswani’s rage chocolatiers
6.The emergence of
• Angel Investors
• Venture Capitalists
• Private Equity Funds

has made it easier to fund new venture


7.Entry Barrier
• The specialized knowledge that most of
them need creates an entry barrier that
keeps competition in check and prevents
them from becoming commoditized.
The Indian Success story
5 Indians among top Asian
entrepreneurs

• The list was compiled by the US based magazine Business week


for its annual report on Asian entrepreneurs and it includes four
women including the Indian-

SALONI MALHOTRA
DESI-CREW

A BPO that targets workforce in small towns and rural areas.It provides
access to untapped workforce in small towns and rural areas through a
distributed outsourcing model.

Desicrew’s biggest challenge has been to convince clients about the


productivity of rural areas and shape the mindset of its rural workforce on
service-level agreements required by the BPO industry.

She is 25 years old

She is an industrial engineering graduate from Bharati Vidyapeeth,mumbai


SAHLAM –CARWALE.COM

Helps car buyers,sellers and owners make better decisions


He worked as a software engineer at veritas software before
starting off on his own
He is 30 years old
He is an IIT madras graduate
GAGAN GOYAL –Tri Technology
• A robotics start up that uses robotics as a platform for practical
learning in curriculum

• He is 26 years old

• He is an IIT Mumbai graduate


ROHIT NALAWADE-CONSUMER
VISION
• A real time service personalization technology company

• It is his second successful start up

• He started an electronics services company during his under


graduation years with two other friends which they sold after 22
months

• He is 24 years old
VISHAL GONDAL-
INDIANGAMES.COM
• It is India’s benchmark online and mobile games company and a top
20 global mobile games developer and publisher.

• Previously Gondal set up fact-a computer training institute when he


was just a 19 year old.

• He started indiagames as an online gaming company in1999 and


later ventured into mobile gaming.The firm has acquired mobile
gaming licenses for major hollywood brands.

• He is 31 years

• He has studied upto 12 th grade only.

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