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 takers8.5 million of them by December 1997.

That month itself,Microsoft Corporation,the worlds 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

Hyderabads V.Pani Kumar Reddy

Dial-a Meal

Bangalore based Kiran Gopinaths 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 Vaswanis 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.
Desicrews 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 GONDALINDIANGAMES.COM
It is Indias 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.