Ahoy Mates!✨
We are back with the third edition of our newsletter!
(Maybe Andrew Garfield didn’t get the third one, but we did! #maketasm3🕸️)
As Omicron rages around the nation and DOLO becomes a common household candy for the afflicted, startups continue to strive and look forward towards growth corresponding to the mighty slope of the new wave!📈
Wishing you and your family all the best health❤️🩹, let’s get on to the news, shall we…
#weekprime
The sharks are here…
“10 crores for 5 % Equity? "
“What’s your turnover/margin/GMV?”
“Is your business B2B or B2C?”
Ever had we wondered that there will come a show in Indian TV history that’ll educate the Indian masses around the concepts of entrepreneurship, running a business, and bringing such conversations to the dinner table.🍽️
Pitching involves describing your startup and goals in a persuasive way to attract investors and win their confidence.
And to get a peek into how it really happens, “Sony Entertainment Television” got you covered with the release of Shark Tank India.
The proposition of the show enables the audience to see -
how deals are struck🤝
how ideas are materialized through business💡
how networking empowers community building and👨💻
the inventive solutions startups churn to solve problems of the society. 🌍
Here, it is not about the success stories that are glorified, but the viewer is humbled by seeing the journey of promising business of tomorrow taking shape.
It’s amazing to see the growing interest of the masses in this sphere and how entrepreneurship would be treated as a credible career choice among Indian households.
We couldn’t have better summarised this section than by quoting this LinkedIn post by Anubhav Jain.
#alumnistories
Entrepreneurship gets a boost-up as ZScaler CEO Jay Chaudhry donates US $1 million to the IIT (BHU) Foundation!!
Mr. Jay Chaudhry, IIT (BHU) graduate (EEE ‘80) and CEO and founder of cloud-based information security firm Zscaler, has donated US $1 million to the IIT (BHU) Foundation which establishes the Entrepreneurship Center with a focus on software innovation, allowing students to explore technology and business.
To deliver on its promise of development, Jay Chaudhry provides four key elements.
1. In collaboration with Deep Jariwala (MET ‘10), the fund will help in establishing a Software Innovation Center at IIT (BHU), Varanasi to provide a platform where students will be able to learn and innovate in the areas of Software Development, Quantum Computing, Cyber Security, IoT, and Data Analytics.
2. Jariwala is also helping to identify a faculty member to fill the role of ‘Jay Chaudhry Professor of Software Innovation’ who will oversee and manage the Software Innovation Center.
3. In addition to a professorship and Innovation Center, Chaudhry’s generous donation will fund a lecture series on software innovation.
4. A software-focused “technology seed fund” is also allocated to help young entrepreneurs keen on initiating tech startups benefit with initial funding after due protocols.
#funzone
Crossword Time
And we’re back with another interesting crossword puzzle for you :
https://crosswordlabs.com/view/e-cell-weekly-newsletter-3
#quotethis
“I know nothing about technology, I know nothing about marketing, I know nothing about (the legal) stuff. I only know about people.”
– Jack Ma, Founder of Alibaba
#youtubebinge
Story of Nykaa’s Nayika
An interesting video enlightening the journey of Falguni Nayar, Founder - Nykaa, on how she focused on growing sustainably and not growing at all costs (a common premise in the current startups’ race), ultimately strengthening her brand’s empire to a valuation of $13 Billion!
#bookworms
The Hard Thing About Hard Things
“The Hard Thing About Hard Thing: Building a Business When There Are No Easy Answers” by Ben Horowitz is an inside look at the tough decisions and lonely times all CEOs face, before showing you what it takes to build a great organization and become a world-class leader.
“Take care of the PEOPLE, the PRODUCTS, and the PROFITS—IN THAT ORDER.”
With many more insightful answers on the “NOT-SO EASY” side of handling a business, the book presents a different and unique outlook from the similar “self-help” books in this genre.
Find the book here.
#ecellwrapped
IIT BHU Startups 2021 Wrapped!
In the history of Indian startups, 2021 was a ‘watershed moment’, and our IIT BHU startups were no exception!
From earning millions of dollars in fundraising to being acquired by the world's greatest tech companies, the year 2021 has left us with many exceptional and proud achievements.
We bring to you a rewind post of 2021 with the accomplishments of our alumni and students in the growing entrepreneurial sphere!✨
#tweetoftheweek
Hoping to bring you the best of the entrepreneurial world every week…
Until next time :)