"AAP has done a fabulous job highlighting corruption and governance issues and have a good platform for that, but their economic platform is very scary," Venktesh Shukla, president, The Indus Entrepreneurs Silicon Valley, the largest TiE chapter, told Rediff.com. "Valley investors are watching India minutely; the next few months are very crucial for Silicon Valley investors."
His 7-day long trip to the United States starts on June 17.
A group of Indian engineers who had come to the US in the early 1990s had formed the Indus Entrepreneurs to support one another in setting up their own technology start-ups.
'Silicon Valley is the best model for driving growth and innovation. Meeting the right people who care about India is a fantastic step. India today stands out as the large potential global economy for growth.'
The fall of the rupee has just become a symbol of all that has gone wrong with India lately.
People were busy, rushing from one panel to the other to grab some knowledge on Cloud, Mobility, Social Media, Energy, Women Entrepreneurship and the newly formed Youth Panel.
The new initiatives for this year include the formation of TiE Angels- a group of accredited TiE Charter Member investors with the goal of supporting top tier emerging companies with early stage investment and support.
It is very important to visualize change. It's important to be unreasonable. To be reasonable is to accept the status quo. You must be unreasonable, you must have an agenda and vision, something that most people will not see or push, says the former Wipro vice chairman.
No region of the United States has been more affected by this trend than Silicon Valley.
After New York and Washington DC, Jaitley would head for California.
These are 'hidden champions' of strategic research and innovation. They are worthy of emulation within Indian industry, and maybe even a Padma!, notes R Gopalakrishnan.
In an interaction with rediff.com, various TiE members expressed hopes of revival in the Indian economy after the formation of the new government.
'We are calling for democratic accountability even as we talk about Digital India.' 'We are not against Digital India and it is important for India, but the government should not see what is applicable just to entrepreneurs but also to the vast majority of Indians who do not have the kind of advantages that many Silicon Valley entrepreneurs have.'
It was a common perception in the US that Indians didn't know how to lead a company or delegate authority.
IIM Ahmedabad's CIIE signed a MoU with Tata Trust for founding partner for the Bharat Fund, which will provide seed funding to Indian entrepreneurs.
'That an Indian can lead the world's top software company is an important milestone for Indian Americans and for America. But the larger message is for India itself: Imagine what Indians can achieve at home if they put their differences aside and start helping one another,' says Vivek Wadhwa.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
The Budget has evoked mixed reactions from Silicon Valley investors.
'Every educational institution should have incubating centres so that students will get exposed to entrepreneurship early.'
What work in Jaipur's favour are lower costs, a good talent pool, better quality of life, and proximity to the Delhi National Capital Region
India'sstartups have a good beginning but will they survive competition is a big questions which needs immediate attention.
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