Smashup Hyderabad Major Hit
The Indus Entrepreneurs (TiE) Hyderabad Chapter has been conducting several activities to handhold the start ups ranging from mentoring to building up teams, technology innovations and exposing them to various financial supportive systems available.
Online, August 11, 2012 (Newswire.com) - `Academic degrees or background don't guarantee success or otherwise.Entrepreneurs should realize that the main challenge is to identify possible problems and take corrective actions to ensure business growth", Srini Raju, Founder & MD Peepul Capital Advisors Group said here.
"Entrepreneurship is not about finding faults with others for your problems, but identifying the challenges that come in your way, because as an entrepreneur you don't write your script, it is written by your customers, your investors, your market and you need to deliver according to those", Said Srini Raju, probably the most accomplished start-up ecosystem supporter that Hyderabad has.
Delivering the key note address at 'Smash Up', a gathering of budding and successful entrepreneurs, business leaders, angel investors and venture capitalists, organized by The Indus Entrepreneurs'' (TiE) Hyderabad Chapter in association with Hyderabad Angels, IIIT-H & ITsAP here on Saturday, Srini Raju got nostalgic outlining his own journey from his initial days as part of startups, which he built into large organizations and how the ability to leave them behind and let the others take the companies forward is something he is proud of.
He mentioned the success stories of enterprising entrepreneurs he funded; the CEO of TV9 who was a reporter in another channel before he started his own channel, the CEO of Univercell who was a sales person turned entrepreneur and also his first investment beneficiary, the CEO of SatNav, all of whom he identified on the basis of traits he sought out in entrepreneurs, which made them successful within their organizations.
"One should know about the market and competitors in which they operate, also academic degrees and background don't guarantee success or otherwise," he said.
A question and answer session moderated by the Hyderabad President-Elect of TiE, Murali Bukkapatnam helped the audience get additional insights into the thoughts and business approach of the highly successful entrepreneur Srini Raju.
The 'Smash Up' aims at all the stakeholders like startup entrepreneurs, venture capitalists, mentors come together on a common platform with the shared objective to spot, nurture and grow early stage startups. Budding & enthusiastic entrepreneurs gathered at the meet up, had a chance to connect and interact with the leading entrepreneurs, investors & successful CEOs. A business guidance camp and Boot camp organized to share insights and experiences from accomplished entrepreneurs, investors and mentors from the startup eco-system, a formal pitch to an acceleration plus incubation program for tech startups as part of Pitch for Acceleration (incubation) were organized and received well by the participants at the event. Murali Bukkapatnam, President TiE Hyderabad & MD Capital Projects, Col. Ravi, Executive Director TiE Hyderabad, Sachin Tummala, CEO of Corpus Media Labs, Ananth Rao, MD and Partner of Focus Ventures & Chair TiE-ISB Connect, Mojostreet Founder Kalyan Manyam organized the events focusing on the importance of Mentoring young entrepreneurs.
This event is a prelude to the much awaited annual TiE-ISB Connect 2012 being hosted in September in Hyderabad.