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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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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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.
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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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!
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!
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!