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Friday, October 1, 2010

‘India Fast Growth 25’

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Indian School of Business hosts ‘India Fast Growth 25’

The Indian School of Business (ISB) recently hosted 'India Fast Growth 25' in partnership with the AllWorld Network and The Indus Entrepreneurs (TiE), Hyderabad. 'India Fast Growth 25', is an annual rating of emerging private companies in India and offers a snapshot of how India is creating new economic values and the constraints faced by entrepreneurs. Through this, the AllWorld aims to recognise and advance all the growth entrepreneurs of the emerging world by 2015, creating a global entrepreneurship industry and next 1 million jobs.
The 25 winning companies were felicitated at the ISB and were also part of a panel discussion on entrepreneurship. The discussion began with a welcome address by Dr Krishna Tanuku, Executive Director, Wadhwani Centre for Entrepreneurship Development, ISB.

A panel discussion followed with Tanuku; Ramu Kallepalli, CEO, TravelSpice.com; Phanindra Sama, CEO, redBus.in; Sameer Mehra, CEO, Suminter India Organics and Vipin Aggarwal, Vice President, Nexus Capital as the panellists. The discussion was moderated by Sudhir Syal, Editorial Head, Starting Up, ET Now. The panel discussed start up ventures, importance of retaining talent, funding for fast growth, raising capital and market expansion.

This was followed by a keynote address by Srini Raju, Founder and Chairman, Peepul Capital. Discussing the importance of raising capital, Raju said that it is very important for entrepreneurs to project a realistic picture of the company as they approached and signed deals with investors, particularly private equity players.

Professor Anne Habiby, Co-founder and Director, AllWorld, introduced the organisation and spoke about how India Fast Growth 25 was started. She said that the 25 companies created about 7,000 jobs since their establishment and these firms are expected to grow by 50 percent or more in the next six months.

Discussing entrepreneurship at the ISB, Tanuku said, "At the ISB we encourage students to seek entrepreneurship as their career choice. The ISB is trying to facilitate a more indepth understanding of the students to understand the power of entrepreneurship, what it takes to be a successful entrepreneur and eventually becoming a successful enterprise."

The other partners that supported India Fast Growth 25 are Entrepreneur Magazine, ET Now, PHD Chamber, TiE Network, Nexus Ventures and Mumbai Angel Network.


The 25 winning companies are....

redBus


Indus Net Technologies

Bang Bang Films


A1 Future Technologies

Suminter India Organics


Transasia Bio – Medicals

Eka Software Solutions


AppLabs

Vaatsalya


Future Focus Infotech

Appnomic Systems


Cross -Tab Marketing Services

Micromax Informatics


Apalya Technologies

Anlage Infotech


DesiCrew Solutions

The Loot


Druva Software

TravelSpice.com


iCreate Software

InfoSoft Global


LatentView Analytics

Jagtap Nursery


Vedam Design

Knowcross Solutions

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