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Urban Microfinance

I think it was Wayne Gretzky who said that what made him a great ice hockey player was that he skated to where the puck was going to be. Entrepreneurs should go where the opportunities are and funding is easy to obtain. With this budget, focus on “aam aadmi” , Mohammed Yunus getting the Nobel […]

Geni

This is an excerpt from TechCrunch ( March 5th) Seven week old Geni raised a $10 million second round of financing last week, led by Charles River Ventures (see our coverage of CRV here), with a post-money valuation of $100 million. George Zachary from CRV is joining the Geni board of directors. This was originally […]

IIM-A Safety Valve

I read an article in HT today. Students who opt out of placements can opt in for two years after they graduate. This may encourage more students to chase their dreams. There is also an option at IIM-A to get a lot of course credits by doing a course of independent study in the second […]

One week Intensive Program on Techno-entrepreneurship @ NirmaLabs, Ahm...

NirmaLabs, Ahmedabad (A Technology Business Incubator – www.nirmalabs.org) is organizing a 6-days workshop on Techno – Entrepreneurship during April 9 – April 14, 2007. This workshop will condense the NirmaLabs’ flagship: ‘6-months Grooming Program on Managing Technology Ventures’ into 6 days…. It will have sessions from everybody associated with NirmaLabs. In case you would like […]

Internet & Mobile Connect – Mumbai, March 15

Hi, My company, Venture Intelligence, is organizing a roundtable event focused on Venture Capital investments in the Internet-based Services and Mobile VAS sectors. We have landed quite a few leading VC investors and top executives from Online Services and Mobile VAS companies as speakers at the event, including: Murugavel Janakiraman, Bharatmatrimony.com Alok Mittal, Canaan Partners […]

Gotrocks

Warren Buffet just released his annual letter to shareholders which is available on the Berkshire Hathaway website. An excerpt from the letter follows which is interesting especially the last few lines. “Quote” Meanwhile, Wall Street’s Pied Pipers of Performance will have encouraged the futile hopes of the family. The hapless Gotrocks will be assured that […]

2 billion

Some more interesting global stats 1. Western Union outlets – 200000 2. Bank Branches – 500000 3. Post Offices – 600000 4. ATM’s – 1.1 million 5. Cell phone – 2 billion Sources : – Multiple 0

Dissecting the Pyramid

I just saw some stats on Indian household estimates for 2007. I think these were prepared by Ogilvy & Mather in 2005. It says there are approx 200 million households in India. Of these 5.2 million are very rich, 75.5 million are in the consuming class, 81.7 million are climbers, 20.2 million are aspirants and […]