India’s development needs to spread well beyond Bangalore at this point, as is evident from data and arguments presented in a series of previous pieces such as Team of Twenty One, India’s Scale Concerns: Real Estate, India’s Real Estate Concerns, and India’s Real Estate Concerns Point to Second Tier Cities. Meanwhile, billions of dollars get
Real Estate in Bangalore, Mumbai, Delhi are all too expensive. The IT/ITES industry scaling needs to happen elsewhere: :: Kolkata is gradually undergoing a transformation which will have a long term impact on the city and its future growth. Earlier, Dalhousie Square (BBD Bag) gave way to Park Street, Chowringhee Road and Camac Street, as
Bangalore’s real estate situation is concerning. Mumbai was already super expensive, and never considered a location for large IT/ITES operations. :: Mumbai’s commercial real estate market has appreciated considerably over the last one year. Rents in South Mumbai (CBD) for Prime and Grade A office space are up by 73% while capital values are up
Those of you who read this blog regularly, know that I am a huge proponent of MicroFinance. Last week, an important piece of news item surfaced: Sequoia Capital has invested $11.5 Million in a Microfinance company called SKS. At the heels of Dr. Yunus’ Nobel Prize, this is a great development for the advancement of
Economic Times, India confirms that Bangalore is bursting at the seams: :: The realty juggernaut brushed aside slowdown concerns in Bangalore going by the just released office space absorption figures for 2006. With Bangalore continuing to be a major IT/ITES hub, the absorption figure in 2006 in the country’s IT capital has reached a new
By Arun Natarajan, Guest Author, reporting from Venture Intelligence Internet & Mobile Connect conference in Mumbai. The third panel featured an interactive discussion on “Raising & Leveraging Venture Capital” and was moderated by Manik Arora, Managing Director of IDG Ventures India. The entrepreneurs on the panel – Nitish Mittersain, Founder & CEO of Nazara Technologies
By Arun Natarajan, Guest Author, reporting from Venture Intelligence Internet & Mobile Connect conference in Mumbai. Alok Mittal, Executive Director of Canaan Partners, emphasized the need for Mobile VAS companies to “own the customer” as well as directly create demand for their applications. This would be the best way for them to get a larger
By Arun Natarajan, Guest Author, reporting on the Venture Intelligence Internet & Mobile Connect conference in Mumbai. The second panel on “Mobile VAS: Time to look beyond Ring Tones and Wallpapers?” was moderated by Sandeep Singhal, Managing Director of Nexus India Capital. Rajesh Sawhney, President of Reliance Entertainment, emphasized how entertainment outshone all other applications