Archive for the ‘VCs’ Category

Global Entrepreneurship Summit-2011 at IIT Kharagapur

Tuesday, December 14th, 2010
Ecell is a Student organization with the aim of fostering the spirit of entrepreneurship among college students in India and nurturing young people with bright ideas. Ecell boasts to be one of the most active student bodies in India – with more than 15 start-ups from IIT Kharagpur itself within its five years of inception.
With rise of interest in students to pursue entrepreneurial and non conventional careers Ecell is organising a start up camp at the campus during Global Entrepreneurship Summit. Startups can participate to hire interns from students of IIT Kharagpur and 50 other engineering and management institutions as well as will get a chance to network with several Venture Capitalists and other startups.
Global Entrepreneurship Summit  is the annual flagship event of Ecell. It is one of the biggest entrepreneurial platforms for academicians, new-age entrepreneurs, eminent business, personalities, venture capitalists, startups and the students to gather at one place and share their entrepreneurial endeavours and experiences, and to pledge to take entrepreneurship to greater scales.


The Global Entrepreneurship Summit-2011 is going to be held from 14-16 January 2011.

Startup Camp Details:
1. The start up camp start ups shall give a small (2-3 slides) presentation of their start up and the work profile they have to offer.
2. The registered student will then proceed to the start up camp arena where they can interact with different start ups over a coffee table.
3. Near to the networking space, a short presentation upon the opportunities in various attending startups will be flashed continously compiled in the form of videos.
4. Various VCs and angel investors will also be invited to take part in the networking with various startups and the students. There will be a separate conference session between VCs and startups where startups can pitch their idea for funding by the VCs.
5. There will be a panel discussion of VCs and startups on how a college startup can get funded by a VC.
6. Participating Start Ups will also be given space on our website where they can post about opportunities with their own company and draw attention.
7. Start Up shall have to pay a nominal fee of 1500 INR per representative to E-Cell for participating in Start Up camp on campus. However posting on the web shall be at free of cost.


Benefits to startups attending the Startup Camp:
1. The camp will serve as a pre-placement talk for the startups looking for talented and passionate student willing to learn by working in a startup.
2. The camp will serve as a great platform for the networking between startups, VCs and students.
3. The event will create a creditable profile of participating startups amongst the student community helping them in branding and their future hirings.

For more information about Global Entrepreneurship Summit 2011 visit www.ges.ecell-iitkgp.org
For any more Information regarding Entrepreneurship Cell, you can visit www.ecell-iitkgp.org

Qualcomm buys Mango Tech Products: Ojas Exits

Thursday, February 4th, 2010

Qualcomm, has bought Mango’s handset user interface software with a PC-based customization kit that allows developers to create mobile applications.

Mango has announced the sale of few of its products to Qualcomm Inc.
Ojas Ventures, the $35-million early stage venture fund floated by N S Raghavan, the co-founder and former joint managing director of Infosys, has made its first exit from its investment in Bangalore-based Mango Technologies Pvt Ltd.

The exit for Ojas follows Mango Technologies’ move to sell few of its products to Qualcomm Incorporated, the world’s largest wireless semiconductor company. As part of this transaction, Qualcomm received mobile handset user interface (UI) software and a PC-based UI customization toolkit from Mango. The value of the deal was not disclosed. The deal with Qualcomm has offered an exit window for both Ojas, which is the first institutional investor, and other angel investors in Mango.

Reference Links:
http://www.vccircle.com/500/news/ojas-makes-its-first-exit-with-mango-technologies
http://www.livemint.com/2010/02/03231305/Ojas-exits-Mango-Tech-after-Qu.html
http://contentsutra.com/article/419-ojas-ventures-invests-in-software-solution-provider-mango-technologies/

Startup Ecosystem in India

Thursday, April 23rd, 2009

Startup Ecosystem in India

Early Stage Mentoring & Incubation

1. Morpheus Venture Partner (MVP)
2. Mentor Partners
3. NEN
4. TIE- EAP
5. IIMA – iAccelerator
6. IIMB – NSRCL

Early Stage VCs:

1. Ojas Venture, Bangalore
2. Accel India Venture Fund (Earlier Erasmic Venture Fund)
3. Seed Fund