Tie Group Mentoring Session

Today I was at Tie Group Mentoring Session. The session was an open discussion forum with queries answered by two panelists: Mohit Goyal (co-founder IIS Infotech) and Pradeep Gupta (founded Cybermedia).

My overview of the session is:
- Money is not a constraint to seed fund the venture. People have been putting their own seed funds to venture out.
- What people seriously lack is advice and guidance.
- Lot of people had already built small successful businesses but they don't know how to scale them up and move to the next level.
- Lack of networking opportunities in India - how do you reach relevant people? - not many online/offline forums.
- Building a team who can pull apart.

Panelists asked entrepreneurs to join ENP Program (Entrepreneurship Nurtuting Program of TiE). So I am going to join now and figure out how much it helps.

And also met some pals, old and new. Gave a demo of LinkNSurf to a few people. And found out Wirkle was mentioned in the Band of Angels article. Quite a surprise, so google provided me the answer.

There's been a huge revival in angel investing over the last six to 12 months, especially in the areas of mobile telephony and convergence," says Vish Akela, a Silicon Valley-returnee, who is now funding a handful of budding entrepreneurs like 26-year-old IIT Delhi-grad Varun Khurana's Wirkle, a mobile entertainment company.

Checkout the complete article here.