1
4 THE TIMES OF INDIA, NEW DELHI MONDAY , OCTOBER 27, 2008 TIMES CITY They took that risk and helped make a difference M a n a s h P r a t i m G o h a i n | TNN I t’s been long considered the power capital — a city of ar- gumentative politicians and suave government babus. But saddi Dilli is also known for its enterprising traders who sell their ideas and products with pleasing tact and a little aggression. Not surprisingly, the city has seen many out-of-the-box business dreams turning into happy re- ality. And that’s why 20% of 433 nominations for an all- India contest that awards startup ventures are from Delhi. Trying out never-tested and dar- ing business ideas, they are faces of country’s changing economic out- look and the emerging culture of en- trepreneurship in our rapidly trans- forming urban landscape. Meet Vikas Verma, an alumnus of St Stephen’s and Faculty of Manage- ment Studies. After working with the corporate sector for 20 years, he started in Gurgaon India’s first chain of ‘paint your own pottery’ stores, a leisure activity retail concept where you can create your own designs on various ceramic items to make your own customized pottery. Thanking the city and its ad- joining regions for making more re- sources available for business, he says: ‘‘The entire entrepreneurial ecosystem has changed over the years. There’s greater acceptance of new ideas in the city, infusing con- fidence among young businessmen.’’ Explaining how ideas of the west are now readily accepted in India, he says: ‘‘My wife was in Europe and I was working with Barista. I left my job and joined my wife with the en- tire family for a break. There I saw this concept and decided to be an en- trepreneur and emulate the same in India.’’ Paras Chopra, an alumnus of Del- hi College of Engineering, also finds Delhi a hot business destination for his new company through which he wants to fulfil social responsibility in the form of music. ‘‘The city has many rock bands and the rock community is strong here. It gives a boost to my project. The music scene here is very hap- pening as the city hosts many fests. So, I get to meet many artists here.’’ Another nominee from Delhi, Annu Puri is also all praise for the Capital. ‘‘For a startup in healthcare sector, Delhi is very good since you need brands. Moreover, since I stud- ied here and worked as well, the network- ing has been con- ducive for the business. Also all the promoters of healthcare are in Delhi which has been helpful for us.’’ Similarly another nominee, Prashant Pitti, is trying to cash in on the Galli game culture of the city. An alumnus of IIT, Madras and a former employee of HSBC, Chicago, Pitti’s concept ‘India Khelo’ took birth after the In- dian cricket team was thrown out of the 2007 World Cup in first round. ‘‘I was really upset at India’s perform- ance. And when I saw so many kids playing in the rain on the streets, I felt all the talent is going waste. So I started this venture to promote lo- cal sportspersons. My ultimate vi- sion is to have India Khelo acade- my,’’ says Pitti. The ability to take risks is not confined to Delhi alone. In fact, Ban- galore has emerged as the startup capital with 26% nominations from the IT city. Nalin Singh, who head- ed a global company in the US came back to Bangalore and started his venture, ‘India Tales Media’, to pro- mote Indian culture through ani- mation movies. ‘‘It’s a modern way of promoting India culture. What’s best is that the environment is get- ting better for an entrepreneur in India and people are appreciating innovative ideas,’’ he says. The country’s financial capital is also not far behind with 20% nomi- nations from Mumbai. Ankur Vaid (25) translated the problem of drunken driving on Mumbai roads into an entrepre- neurship option for himself. A BCom graduate from HR College, Vaid says: ‘‘Drinking and driving is a huge problem. We did some research and came up with the concept of Party Hard Drivers (PHD) under which we provide drivers after a long night of partying.’’ The data for the award suggests that 75% of startups are first gen- eration entrepreneurs and 39% of them are in their 20s. Laura Parkin, executive director of National En- trepreneurship Network (NEN), a non-profit organisation working to- wards economic growth in India, says: ‘‘The most interesting trend is that they are not rich people, not just from IITs or riding on a successful family business. One third of the nominees are from small towns like Jaipur, Indore, Hubli, Baroda and Guwahati, among others. Another trend is that these young people are from tier I and II institutions setting up their own venture from their own pocket. The number is pretty high at 69%.’’ In the sectoral break-up, IT/In- ternet is the leading sector occupy- ing 34% of the new projects followed by media and entertainment with a 10% share in the nominations for the Tata-NEN Hottest Startups Award Contest 2008. Telecom and re- tail are in third place with 7% pie each. ‘‘In this consumer-oriented ap- proach, we are seeing a lot of inno- vations and twists in their business strategy, but what is missing is start- up enterprise in manufacturing and energy sector,’’ says Parkin. [email protected] Reshma Anand With an initiative to organise rural ar- tisans and enable them to create mar- ketable quality products, package and price them and promote them in urban markets under a common shared brand, Reshma Anand started Earthy Goods from Del- hi. An MBA from IIM, Bangalore, Reshma Anand, a first generation entrepreneur, switched from mainstream corporate jobs to start this venture to make a dif- ference to society. She says: ‘‘I’ve worked in rural markets throughout my career. As I travelled around the country, I met a number of enterprising women and farmers who could make quality products using locally available natural ingredients and traditional meth- ods handed over generations. However, buyers would typically come to them for sporadic orders. There was little effort to give them inputs in quality control, technology, packaging and marketing. This led to the idea to work with them and promote their products under a common shared brand.’’ This had led to empowerment of ru- ral women, she claims. Many rural women have found personal expression and financial liberation as a result and have gone on to further make a differ- ence to their village communities and families. Their children go to schools, the families can afford better food and for the first time in their lives, the women have savings and hold bank accounts. Annu Puri Taking Indian healthcare abroad is the focus of this graduate in radiology from All India Institute of Medical Sciences (AI- IMS). Annu Puri, a master’s in hospital administration, decided to drop out of her corporate profile in healthcare sector to start Indicure Health Tours. Puri says: ‘‘Since healthcare is one sector where In- dia can offer a lot to foreign clients I de- cided to venture out into this field.’’ The focus of this enterprise is not only to promote Indian healthcare abroad, but also to facilitate ticketing, travel and pro- viding best options in healthcare in India. Puri says: ‘‘Healthcare in India is almost 10 times cheaper than any western coun- try. In the US, the number of uninsured people is high while in the UK and Aus- tralia there’s a long waiting list of patients. In the middle east and African coun- tries, quality facilities are lacking. These factors place India in a unique position.’’ Vikas Verma Verma, an alumnus of St Stephen’s and Faculty of Man- agement Studies of Delhi Univer- sity, has worked with corporate hous- es for over 20 years. But he always har- boured a desire to be an entrepreneur and with his startup, ‘The Colour Factory’, he realised his dream. Like many, his start- up too has a social message. ‘‘Entrepre- neurship is not just doing business, but it is also about creating jobs. Moreover, such initiatives help boost the confidence of the young generation waiting to take off on their own,’’ explains Verma. Started in Gurgaon, his venture is In- dia’s first chain of paint-your-own-pottery stores, a leisure activity re- tail concept that has spread wings to Goa and Banga- lore. Verma says: ‘‘I was on vacation in Europe where my wife was working. It was then I realised that in India we don’t have many leisure op- tions for letting out our creativity. Once I returned to India I decided to em- ulate this concept.’’ Sahil Suri Sahil Suri’s startup, Script Hub, prom- ises you the platform to unleash your cre- ative juices. A 23-year-old alumnus of DPS Vasant Kunj, he started the project after witnessing the difficulties his associates and friends encountered in the media and entertainment industry in selling their scripts. The focus is not only to help writ- ers sell their scripts but also to assist pro- ducers in getting the right script for their projects. A graduate in media studies, Suri has been a camera buff since his teens. ‘‘Apart from selling my own scripts, this is a platform for writers and producers to meet and collaborate. Otherwise at an in- dividual level it is tough for a writer to come in contact and showcase his/her cre- ativity,’’ says the young entrepreneur. ‘‘There was a need for a place where writers of all ages and all genres, spread across different ge- ographical regions, unite, share and sell their ideas. Producers or executives can choose from our bank of ideas and convert it into re- ality,’’ he says. Paras Chopra Kroomsa is all about social responsi- bility with a musical note. A startup en- terprise initiated by Paras Chopra, a biotech engineer from Delhi College of En- gineering, the idea was to create a mutu- ally beneficial business model for inde- pendent artists and bands. The 21-year-old entrepreneur says: ‘‘I was attending a par- ty listening to the music when the idea of popularising bands online through stream- ing videos and embedding them with ad- vertisements struck me. We are building a database of songs and artists from all corners of the country and providing them a platform. At present we have 60-odd original num- bers from 30 artists.’’ The soundtracks, available for online streaming and download, are embedded with advertisements. The revenue gener- ated on per-download and per-play basis is shared in a 40-40-20 ratio by the artist/band, Kroomsa and an NGO of listeners’ choice. DELHI HIGH ON ENTREPRENEURS Graphic: Rajender From music to pottery to rural marketing, they have successfully turned daring, out-of-the-box business ideas into reality. These entrepreneurs are the new faces of the country’s rapidly transforming urban landscape YourJ4ssurance ofFure SiL . cBuying Silk? Insist on Si(&Mar iQJ flI TIMES GROUP \ GDVERI I$1N i \ ft 011-23492172 \ 011-23302367 For booking your classifieds ads call on our te lebooking number 24x7 at 41 666 888 Blood Circulation DCM - _____ Foot Massager Mnr1h seunZ Dffer Price Rs. 3999/- He in detoxification It increase metabolic rate Stimulates blood circulation Infrared and onifortaNe heating function Wireless remote control /18 frequency levels Delivery Charges Rs.250 extra Pay by COD/Credit card/ 6 iIs 3 in 1 Slimming Belt Magnetic + Vibra + Sauna J !BP Rsc3OOO Offe r Price Hs. 999/- j Magnet therapy: imp roves blood cir culation , th eerbrby y avoiding 2 Clotting It removing excess of chol esterol. Vibra therapy therapy which reduces fat from tummy, hips , thighs It buttocks Sauna therapy it pro duces impacting heat which reduces pains It swelling It E helps in losing weight. - - — — Delivery Charges Ks. 200/- extra c i1 FREE Pay byy COD/Credi tCard Power Saver - Wnrth Ri 20001- . St MRP 1 j 9 Offer Price Rs. 5999/- FREE Power Saver Wo rth Ks. 2000/ Power Saver I I Touch Screen Mobile Phone cEØ 9 Offer Price Rs. 5999/- U . 1 GB built in memory card MP3 It MP4 player . Support FM radio 2.0 Megapixel digital camera 2.6 inch touch screen handwriting Dual sim working same time Support t-flash I GPRS system Bluetooth / / Multiple languages in gms. Pay by COD / / Credit card/ 6 EMI’s Delivery Charges Rs.350 extra Memory card reader Extra battery •Mobile pouch •Screen scratch Guard •IISR r,nrnhsmnr •Fytr a sdulii

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4THE TIMES OF INDIA, NEW DELHI

MONDAY, OCTOBER 27, 2008TIMES CITY

They took that risk and helped make a difference

Manash Pratim Gohain | TNN

It’s been long considered thepower capital — a city of ar-gumentative politicians andsuave government babus. Butsaddi Dilli is also known forits enterprising traders who

sell their ideas and products withpleasing tact and a little aggression.Not surprisingly, the city has seen

many out-of-the-box businessdreams turning into happy re-

ality. And that’s why 20% of433 nominations for an all-India contest that awards

startup ventures are from Delhi.Trying out never-tested and dar-

ing business ideas, they are faces ofcountry’s changing economic out-look and the emerging culture of en-trepreneurship in our rapidly trans-forming urban landscape. MeetVikas Verma, an alumnus of StStephen’s and Faculty of Manage-ment Studies. After working withthe corporate sector for 20 years, hestarted in Gurgaon India’s first chainof ‘paint your own pottery’ stores, aleisure activity retail concept whereyou can create your own designs onvarious ceramic items to make yourown customized pottery.

Thanking the city and its ad-joining regions for making more re-sources available for business, hesays: ‘‘The entire entrepreneurialecosystem has changed over theyears. There’s greater acceptance ofnew ideas in the city, infusing con-fidence among young businessmen.’’

Explaining how ideas of the westare now readily accepted in India,he says: ‘‘My wife was in Europe andI was working with Barista. I left myjob and joined my wife with the en-tire family for a break. There I sawthis concept and decided to be an en-trepreneur and emulate the same inIndia.’’

Paras Chopra, an alumnus of Del-hi College of Engineering, also findsDelhi a hot business destination forhis new company through which

he wants to fulfil socialresponsibility in

the form ofmusic. ‘‘The

city has manyrock bands and the

rock community isstrong here. It gives a boostto my project. The musicscene here is very hap-pening as the city hosts

many fests. So, I get tomeet many artists here.’’

Another nomineefrom Delhi, Annu Puriis also all praise for theCapital. ‘‘For a startupin healthcare sector,Delhi is very goodsince you need brands.Moreover, since I stud-ied here and workedas well, the network-ing has been con-

ducive for theb u s i n e s s .Also all thepromoters ofh e a l t h c a reare in Delhiwhich hasbeen helpfulfor us.’’

Similarlyanother nominee, Prashant Pitti, istrying to cash in on the Galli gameculture of the city. An alumnus ofIIT, Madras and a former employeeof HSBC, Chicago, Pitti’s concept‘India Khelo’ took birth after the In-dian cricket team was thrown out ofthe 2007 World Cup in first round. ‘‘Iwas really upset at India’s perform-ance. And when I saw so many kidsplaying in the rain on the streets, I

felt all the talent is going waste. SoI started this venture to promote lo-cal sportspersons. My ultimate vi-sion is to have India Khelo acade-my,’’ says Pitti.

The ability to take risks is notconfined to Delhi alone. In fact, Ban-galore has emerged as the startupcapital with 26% nominations fromthe IT city. Nalin Singh, who head-ed a global company in the US came

back to Bangalore and started hisventure, ‘India Tales Media’, to pro-mote Indian culture through ani-mation movies. ‘‘It’s a modern wayof promoting India culture. What’sbest is that the environment is get-ting better for an entrepreneur inIndia and people are appreciatinginnovative ideas,’’ he says.

The country’s financial capital isalso not far behind with 20% nomi-nations from Mumbai.

Ankur Vaid (25) translated theproblem of drunken driving onMumbai roads into an entrepre-neurship option for himself. A BComgraduate from HR College, Vaid says:‘‘Drinking and driving is a hugeproblem. We did some research andcame up with the concept of PartyHard Drivers (PHD) under which weprovide drivers after a long night ofpartying.’’

The data for the award suggeststhat 75% of startups are first gen-eration entrepreneurs and 39% ofthem are in their 20s. Laura Parkin,executive director of National En-trepreneurship Network (NEN), a

non-profit organisation working to-wards economic growth in India,says: ‘‘The most interesting trend isthat they are not rich people, not justfrom IITs or riding on a successfulfamily business. One third of thenominees are from small towns likeJaipur, Indore, Hubli, Baroda andGuwahati, among others. Anothertrend is that these young people arefrom tier I and II institutions settingup their own venture from their ownpocket. The number is pretty highat 69%.’’

In the sectoral break-up, IT/In-ternet is the leading sector occupy-ing 34% of the new projects followedby media and entertainment with a10% share in the nominations forthe Tata-NEN Hottest StartupsAward Contest 2008. Telecom and re-tail are in third place with 7% pieeach. ‘‘In this consumer-oriented ap-proach, we are seeing a lot of inno-vations and twists in their businessstrategy, but what is missing is start-up enterprise in manufacturing andenergy sector,’’ says Parkin.

[email protected]

Reshma AnandWith an initiative to organise rural ar-

tisans and enable them to create mar-ketable quality products, package andprice them and promote them inurban markets under a commonshared brand, Reshma Anandstarted Earthy Goods from Del-

hi. An MBA from IIM, Bangalore, ReshmaAnand, a first generation entrepreneur,switched from mainstream corporate jobs

to start this venture to make a dif-ference to society.

She says: ‘‘I’ve worked inrural markets throughoutmy career. As I travelledaround the country, I met anumber of enterprisingwomen and farmers who

could make quality productsusing locally available natural

ingredients and traditional meth-ods handed over generations. However,

buyers would typically come to them forsporadic orders.

There was little effort to give them inputs in quality control, technology,packaging and marketing. This led to the idea to work with them and promote their products under a commonshared brand.’’

This had led to empowerment of ru-ral women, she claims. Many ruralwomen have found personal expressionand financial liberation as a result andhave gone on to further make a differ-ence to their village communities andfamilies. Their children go to schools,the families can afford better food andfor the first time in their lives, the womenhave savings and hold bank accounts.

Annu PuriTaking Indian healthcare abroad is the

focus of this graduate in radiology fromAll India Institute of Medical Sciences (AI-IMS). Annu Puri, a master’s in hospitaladministration, decided to drop out of hercorporate profile in healthcare sector tostart Indicure Health Tours. Puri says:‘‘Since healthcare is one sector where In-dia can offer a lot to foreign clients I de-cided to venture out into this field.’’

The focus of this enterprise is not onlyto promote Indian healthcare abroad, butalso to facilitate ticketing, travel and pro-viding best options in healthcare in India.Puri says: ‘‘Healthcare in India is almost10 times cheaper than any western coun-try. In the US, the number of uninsuredpeople is high while in the UK and Aus-tralia there’s a long waiting list of patients.In the middle east and African coun-tries, quality facilities are lacking.These factors place India in aunique position.’’

Vikas VermaVerma, an alumnus of St

Stephen’s and Faculty of Man-agement Studies of Delhi Univer-sity, has worked with corporate hous-es for over 20 years. But he always har-boured a desire to be an entrepreneur andwith his startup, ‘The Colour Factory’, he

realised his dream. Like many, his start-up too has a social message. ‘‘Entrepre-neurship is not just doing business, but itis also about creating jobs. Moreover, suchinitiatives help boost the confidence of theyoung generation waiting to take off ontheir own,’’ explains Verma.

Started in Gurgaon, his venture is In-dia’s first chain of paint-your-own-pottery

stores, a leisure activity re-tail concept that has spreadwings to Goa and Banga-lore. Verma says: ‘‘I was onvacation in Europe where

my wife was working. It wasthen I realised that in India

we don’t have many leisure op-tions for letting out our creativity.

Once I returned to India I decided to em-ulate this concept.’’

Sahil SuriSahil Suri’s startup, Script Hub, prom-

ises you the platform to unleash your cre-ative juices. A 23-year-old alumnus of DPSVasant Kunj, he started the project afterwitnessing the difficulties his associatesand friends encountered in the media andentertainment industry in selling theirscripts. The focus is not only to help writ-ers sell their scripts but also to assist pro-ducers in getting the right script for theirprojects. A graduate in media studies, Surihas been a camera buff since his teens.‘‘Apart from selling my own scripts, this isa platform for writers and producers tomeet and collaborate. Otherwise at an in-dividual level it is tough for a writer tocome in contact and showcase his/her cre-ativity,’’ says the young entrepreneur.

‘‘There was a need for a placewhere writers of all ages and allgenres, spread across different ge-ographical regions, unite, shareand sell their ideas. Producers orexecutives can choose from ourbank of ideas and convert it into re-ality,’’ he says.

Paras ChopraKroomsa is all about social responsi-

bility with a musical note. A startup en-terprise initiated by Paras Chopra, abiotech engineer from Delhi College of En-

gineering, the idea was to create a mutu-ally beneficial business model for inde-pendent artists and bands. The 21-year-oldentrepreneur says: ‘‘I was attending a par-ty listening to the music when the idea ofpopularising bands online through stream-ing videos and embedding them with ad-vertisements struck me. We are building

a database of songs andartists from all corners ofthe country and providing

them a platform. At presentwe have 60-odd original num-

bers from 30 artists.’’ Thesoundtracks, available for online

streaming and download, are embeddedwith advertisements. The revenue gener-ated on per-download and per-play basis isshared in a 40-40-20 ratio by the artist/band,Kroomsa and an NGO of listeners’ choice.

DELHI HIGH ONENTREPRENEURS

Graphic: Rajender

From music to pottery to rural marketing, they havesuccessfully turned daring, out-of-the-box business ideasinto reality. These entrepreneurs are the new faces of thecountry’s rapidly transforming urban landscape

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