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Rediff News  All News  » Business » Mumbai hosts 'Mahakumbh' for entrepreneurs

Mumbai hosts 'Mahakumbh' for entrepreneurs

December 26, 2012 15:33 IST
The annual flagship event of TiE (The Indus Entrepreneurs), TiE Entreprenur Summit, attracted more than 1,500 participants and 65 investors in Mumbai.

The two-day event, which was held at Bombay Exhibition Centre, saw participation of venture capitalists, private equity funds, angel investors, incubators, service providers among others.

Key speakers included Harsh Mariwala of Marico, Sunil Munjal of Hero Group, Ajay Piramal of Piramal Group and Dr Ganesh Natarajan of Zensar Technologies.

Pradeep Udhas, President, TiE Mumbai, said: "This is our seventh year of the summit and each year we are seeing increased interest and participation. The number of youngsters taking the risk of becoming an entrepreneur has also grown manifold. This augurs well for the India growth story."

TES hosted various services providers which help entrepreneurs get access to marketing consultants, financial
advisers and human resource solutions at this event. The summit also saw successful entrepreneurs sharing their experience and success formula during session like the 'Smashup Chambers' in an open discussion with gathered delegates.

Kanchan Kumar, Executive Director, TiE Mumbai, said: "This year we focused on three sectors, technology, healthcare and consumer businesses. We saw many budding and young entrepreneurs seeking advice, mentoring and knowledge sharing with experienced entrepreneurs and industry leaders in a platform which is difficult to access under the same roof."

TES saw a large number of speakers from various industries taking stage, including BS Nagesh (Trrain), Mahesh Murthy of Pinstorm, Manu Sharma of Linkedin, Vishal Gondal of Indiagames.

The summit also saw separate panels on startups, taxation and media and entertainment. TES also organised mentoring sessions and scaling up advice by veteran entrepreneurs.