The Power of Ideas, an initiative by the Economic Times, seeks anyone and everyone with an idea to come forward and realize their entrepreneurial dream. They are reaching out to people who might have great business ideas and are seeking funding to put their business idea into practice.
Keep raising money until money is WIRED. Plenty of deals going south (yes even at top tier firms) before money is wired. Smile, but only believe money being wired.
The focus areas for the fund are wireless technologies, automotive infotronics, life sciences, energy conservation technologies and devices and medical devices. "A stage has come when companies have to think beyond their interest. Companies can grow only when India grows but this thinking hasn't yet percolated to all companies."
Why do CEOs leave the company that they've created and raised money for? Many CEOs are serial entrepreneurs and prefer starting companies, not running them after they become larger and more successful.
The Chinese government has incubated 41,434 fledgling companies, providing 460,000 jobs in high technologies, such as sophisticated home electronic appliances or computer hardware and software.
Comprised of some of the most experienced and visionary investors, executives and entrepreneurs in digital media and communications, Velocity Interactive Group brings human capital, in addition to financial capital, to their portfolio companies.
Many VCs have tied up with investment banks to reach out to the budding entrepreneurs in the country. International funds such as US-based Kleiner Perkins, Mayfield, Quantum and Evergreen and Switzerland's VGD have either tied up, or are in the process of tying up with Indian banks to leverage India's blinding economic growth.
Comventures, in its continuing spree of heavy investment in India have continued to buy another major stake option in India TV, a 24x7 Hindi news channel of Independent News Services Pvt. Ltd. The investment of over Rs. 50.96 crore (about $11.5 million) amounting to 19.17% stake in Independent News Services Pvt. Ltd. puts India TV worth to the tune of Rs. 250 crore.