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Roundtable Recap: April 21- Incubators Are Reaching Out To 1M/1M

Posted on Friday, Apr 22nd 2011

After hosting three live roundtables and being on stage for six to seven hours a day, I have almost lost my voice. At this week’s roundtable, we worked with just two entrepreneurs and then spent the rest of the time on Q&A, which in itself was interesting.

Evolutech Networks
First up, Satya Choppadhandi from Bangalore, India, presented Evolutech Networks, a company that manufactures wireless energy monitoring devices for the smart home. Satya is evaluating various go-to-market models such as franchising, and I advised him to focus on direct selling to major builders and working with industry value-added resellers (VARs) that already operate in the smart home segment in India. These resellers buy devices from the U.S. and Singapore at significantly higher prices and presumably would be open to sourcing lower-cost parts.
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Roundtable Recap: April 17 – High-Octane Energy In Pune

Posted on Thursday, Apr 21st 2011

On April 17, I was in Pune for a 1M/1M live event. Pune has become a hotbed of product entrepreneurship in India, and I was curious to see what kinds of ventures are cooking there. Well, Persistent Systems and IncuCapital hosted a highly interactive and engaging session. Here are the companies that pitched at the roundtable:

EzeeBank
First up, Manoj Dharap presented EzeeBank, a core banking solution for credit co-operative societies. Manoj has deep domain knowledge in the CCS market segment and has designed a solution that addresses the missing real-time data dashboard functionality of the industry. Today, the financial picture of a CCS is updated only once a month in a batch process.
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April 21 1Mby1M Roundtable Recording

Posted on Thursday, Apr 21st 2011

In case you missed it, here is the recording. You can choose the business you like best of those presented through a poll on our 1M/1M Facebook page.

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Roundtable Recap: April 16 – 1M/1M Partners With Indian Angel Network Incubator

Posted on Thursday, Apr 21st 2011

On April 16, I was in Mumbai doing a live 1M/1M event with TiE Mumbai and Indian Angel Network (IAN). While in Mumbai, I also finalized a deeper partnership with IAN, which I will discuss later in this post.

I presented my usual 1M/1M perspective on bootstrapping. After the event, I received an e-mail from Aneesh Khanna saying, “The Saturday Mumbai TiE session, was a very enriching experience. Even if there were fleeting thoughts of being bailed out by investors, they have now been banished and we are focusing on bootstrapping and making the model work with customer money.”

It’s rewarding to hear from people who attended the session and found immediate and actionable value.

The Mumbai roundtable was extremely interactive and fun. We did two sessions of five entrepreneurs each.
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Openings To Pitch At Tomorrow’s Roundtable

Posted on Wednesday, Apr 20th 2011

If you know an entrepreneur who could benefit from pitching and discussing their business with Sramana Mitra, please let them know I have a few last minute openings to pitch during tomorrow’s roundtable. Instructions for pulling together a few simple slides can be found here. Anyone interested can contact me at maureen@sramanamitra.com. Thanks!

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India Trip: Chennai, Mumbai, Pune

Posted on Tuesday, Apr 19th 2011
I have been traveling in India over the last week, and have done whole day events including live 1M/1M roundtables in Chennai, Mumbai, and Pune. It’s been really interesting to connect with so many entrepreneurs, as well as leaders of the entrepreneurship eco-system in these cities – my hosts. A few thoughts:
Chennai was my first stop, and we have since announced a partnership with TiE Chennai whereby 1M/1M and TiE will be working closely to significantly boost the eco-system. It includes a significant discount for TiE Chennai members for 1M/1M Premium. Chennai entrepreneurs have definitely made a transition to product companies, and I saw some promising ones, especially, Freshdesk, which I plan to recommend for the Microsoft India Startup Challenge Grant in the cloud category. Recap of the session here.
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1M/1M Strategy Roundtable For Entrepreneurs In The Northeastern U.S. On Thursday, April 21

Posted on Monday, Apr 18th 2011

Entrepreneurs from the northeastern U.S. with questions pertaining to their start-up ventures are encouraged to pitch their businesses at or attend the next FREE online strategy roundtable on Thursday, April 21, 2011, starting at: 11 a.m. EDT/8 a.m. PDT/8:30 p.m. IST. You can find more details here and register here. All are welcome!

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1M/1M Strategy Roundtable For Entrepreneurs In The Northeastern U.S. On Thursday, April 21

Posted on Friday, Apr 15th 2011

Entrepreneurs from the northeastern U.S. with questions pertaining to their start-up ventures are encouraged to pitch their businesses at or attend the next FREE online strategy roundtable on Thursday, April 21, 2011, starting at: 11 a.m. EDT/8 a.m. PDT/8:30 p.m. IST. You can find more details and register here. All are welcome!

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