12/22/2014
Source: The Times Of India -Gurgaon
Young Techies Impress Investors At Startup Meet BUSINESS INVESTOR MEET Jaarwis Accelerator GURGAON: Starting January, Gurgaon will witness at least 30 new start-ups kicking off in the area of information technology and e-commerce. Around 35
foster creative thinking among school kids and help them innovate. In the past, we have organized robotics workshops for the purpose," said Sinha. Another venture that is likely to get funded is one of digital healthcare where patients, nurses, hospitals and doctors share their experiences and feedback with each other.
entrepreneurs met with bankers and venture capitalists in a two-day start-up meet held over the weekend to discuss their ideas that could translate into commercially viable entities. Some of the ventures received a great deal of interest from investors. "I liked the idea of a technologicallyaided platform that facilitates peer-to-peer lending, wherein a loan seeker doesn't need to go to a bank for a personal loan. The platform aims to offer loan at a reasonable rate to a loan seeker from someone who has dispensable money, by connecting both of them, for a mutually-decided commission," said Kuldeep Bhayana, director of Jaarwis Technologies, a venture capitalist firm. Another venture named 'Born to blossom', floated by IIT-Delhi graduate Ravi Sinha, was also well-received. Sinha plans to hold workshops in schools, especially in government ones, to foster enquiry-based learning. "We
Besides investors and entrepreneurs, others attending the meet were members from the start-up community, who are already running their own ventures. Ankit Khanduri, an engineering graduate from GB Pant College of Engineering, runs a social network website to solve human resource problems of other start-ups. "Getting a talented workforce is one of the biggest challenges for yet-to-be successful firms. We shortlist talented students in engineering and management colleges, after evaluating their skill sets, talent and performance, and then make them available for startups," said Khanduri. About the growing trend of entrepreneurship among young engineers and MBAs, Bhayana said, "These days, youngsters are geared to taking risks. They tend to try their hands at entrepreneurship. Until a few years ago, fresh graduates from IITs and IIMs were averse to taking risks, but now the scenario is different. I rarely hear they are afraid to fail.
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