TiE Mumbai Organizes a Think Tank Event With Amitabh Kant Where Unicorns Will Deliberate on Corporate Governance in the Startup Space

As Indian unicorns and startups are beginning to mark their presence in the world, corporate governance remains a critical imperative. Keeping this in mind, TiE Mumbai along with Nishith Desai Associates and the Indian presidency of the G-20 2023 is organizing an exclusive think tank event in Imaginarium Aligunjan, Alibaug on Saturday, April 29, 2023 (9.15 a.m. to 5 p.m. IST). This event is also supported by Startup20. Over 30 unicorns and top venture capital funds are expected to gather for this private enclave.

This event will be conducted under the guidance of Amitabh Kant, Government of India- G-20 Sherpa and International lawyer Nishith Desai, Founder, Nishith Desai Associates & Board Member TiE Mumbai. This conference will be aimed at improving India’s corporate governance brand and create new benchmarks not only for India but also for G20 nations.

Nishith Desai

Nishith Desai, Founder, Nishith Desai Associates and Board Member- TiE Mumbai said, “Good Governance is a critical issue for Startups. This think tank will have Unicorns, soonicorns, investors and experts deliberating upon benchmarks and standards that India Startups should set and adhere to in order to succeed. Good Governance leads to trust, which is the hallmark of any good business. Indian startups and new age Tech businesses are globally renowned for their products and services; hence it is imperative that we position ourselves as a stickler for High Standards of Corporate Governance as we strive to build a global brand.”

Amitabh Kant will be addressing the gathering on shaping the standards of corporate governance for India Inc. to go global and set benchmarks for other members of G-20 group. Chintan Vaishnav, Chairman- Startup20 Engagement Group under G20 and Vice Admiral Dinesh Tripathi, AVSM, NM would also be sharing their views and experiences on Inculcating culture of creativity and discipline in Corporate Governance. Vivek Pandit, Senior Partner, McKinsey & Co will be joining them and will speak on the New Bar for Governance in Private Markets. This will be followed by a square table discussion where leaders would express their views, ideas and experience on how to position Indian unicorns as a well governed corporate community.

To register for the event please click here https://nishithdesai.in/29April2023/Registration.aspx

About TiE

The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. Since 1992. TiE has been supporting entrepreneurs by offering education, mentorship, networking and funding opportunities. The mission of TiE is to foster entrepreneurship globally through the 5 pillars of TiE : mentoring, networking and education, funding and incubation. Dedicated to the virtuous cycle of wealth creation and giving back to the community. TiE’s focus area is to generate enable the next generation of entrepreneurs. There are currently 11,000 members, including over 2,500 charter members in 60 chapters across 17 countries. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs.

TiE Mumbai Engages with Startups to Thrive through the Pandemic

The coronavirus pandemic has disrupted livelihoods and businesses around the world. In a bid to survive the unprecedented challenge, TiE Mumbai has adopted a range of entrepreneurship support, through webinars, mentoring sessions, workshops and online events to tackle the COVID-19 crisis.

"Tie Mumbai has organized several webinars in the past few months and has partnered with several eminent ecosystem enablers, including accelerators, incubators, lawyers, VCs and corporates to bring maximum value to Startups and entrepreneurs," said Atul Nishar, President, TiE Mumbai.

"Apart from these webinars, TiE Mumbai hosts one on one mentoring sessions for businesses to restructure their models, finances and fund-raising cycles on a weekly basis. In continuation, we also organize, tech and product validation sessions for Startups making their tech stacks and business pivots for the current time. We encourage and welcome more Startups and Founders to seek the help and support from TiE Mumbai," said Naveen Raju, Executive Director, TiE Mumbai.

Some of the webinars organized in the past month by TiE Mumbai were -

Pathway to Profitable Sales Mastery - Author and world class trainer, Dr. Arunaagiri Mudaaliar educated the participants on Fundamentals of Selling, Myths & Truths about Selling, Selling VS Master Selling, Negotiation Skills, Context Creation, Common Mistakes done by Sales Professionals, Fastest and easiest ways to double sales, Sales Performance Tracker and Customer Experience Evaluation.

How Flexible Talent can help Start-Ups grow in the times of COVID-19 and Beyond - It is a tough time for start-ups with having to deal with demand reducing, cash-flows tightening, and a transition to working from home. There may be a requirement for talent, but of course hiring at this time is a cost. This session outlined the best ways to tackle this and make the best of the situation. Using the flexible talent ecosystem to hire expert, part-time or project-based talent that will be high-quality, affordable and agile, it touched upon alternate talent models that can work and accompanying pricing structures

Get your Startup Ready for Funding & Raising Capital - In the Post-COVID Economy, Startups will face new challenges with regards to Fundraising, Operations, Partnerships, etc. This session discussed ways of getting the startups ready to face the new challenges by helping them become Fundable and getting them ready for Raising Capital. Mentoring for start-ups was done in the following 4 areas: Fundraising Post COVID, Revenue & Income Optimization; Partnerships & Alliances, Investment & Financing, Operations & People issues and Cash Flow & Financial Management.

Masterclass on eCommerce - This masterclass discussed the Current eCommerce scenario in India, How to identify what youd like to sell, Ideal team in an eCommerce company and their major roles, How to market the business with a zero budget, which online marketplace can one sell on and pricing structure of each of them, how to run a successful drop-shipping eCommerce business and how to upload products on online marketplaces.

AR Is the New Video- Why start-ups need to adopt AR as their Marketing Hack - This was an interesting session on learning how AR is being used in Businesses and understand the metrics behind AR.

Insights into scaling up Tech Businesses - Sharad Sanghi in conversation with Harish Mehta - This discussion was around impact of the current situation on Technology and Software Startup. it also gave insights into Indian SaaS industry, how to scale business operations quickly, how to attract good tech talent, future of AI and Big Data and tips on good tech products.

Building a Tech Product Company and Tips on Successful Exit Strategy - Ashank Desai in conversation with Harish Mehta - This was an interesting story session where Ashank Desai, Founder & Promoter- Mastek introspected on the early ideas and origins of Majesco Insurance Tech, early product development challenges, life of developing a Product Tech company in India (especially managing this out of Mumbai), and eventually setting it up for a wonderful sale/exit.

About TiE Mumbai

The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. Since 1992. TiE has been supporting entrepreneurs by offering education, mentorship, networking and funding opportunities. The mission of TiE is to foster entrepreneurship globally through the 5 pillars of TiE: mentoring, networking and education, funding and incubation. Dedicated to the virtuous cycle of wealth creation and giving back to the community.

TiE's focus area is to generate enable the next generation of entrepreneurs. There are currently 11,000 members, including over 2,500 charter members in 60 chapters across 17 countries. TiE's mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE's focus is on generating and nurturing our next generation of entrepreneurs.

TiE Mumbai Continues its Support to Startups through Multiple Webinars and Online Events

Startups have been significantly impacted as the global COVID-19 pandemic continues to disrupt life. Entrepreneurs and innovators have had to respond to immediate questions around the existing business model, protecting employees, safely maintaining business operations, and liquidity. TiE Mumbai continues to assist Startups and has organized several webinars with investors, legal assists, Industry leaders, and mentors to help entrepreneurs with much-needed guidance to tide over the current situation.

"As the COVID-19 crisis continues to impact life and businesses, these events organized by TiE Mumbai are aimed at assisting Startups and founders survive and thrive through during this unprecedented pandemic," said Atul Nishar, President, TiE Mumbai.

Some of the webinars organized by TiE Mumbai were -

Ask me anything with Dr. Velumani, Founder - Thyrocare - While speaking on the COVID-19 pandemic Dr. Velumani stressed upon the virtues of "Focus gives Success" and "Frugality gives a Sustainable Success" as the key ingredients of success in a new world that has changed forever. He impressed upon the fact the industries around healthcare and wellbeing will gain tremendous prominence.

Surviving Thriving in a Post COVID-19 Economy - As the lockdown across India is relaxed and businesses start opening, growing and thriving in the New Normal Post-Coronavirus Economy is critical. This panel discussion of experts who have experienced slowdowns, recessions and crisis shared their experiences and what has worked. This was followed by a 1:1 mentoring session with select companies, entrepreneurs, startups and investors. The mentoring focused on the areas of Revenue Opportunities, Partnerships & Alliances, Rebuilding Operations, Organizational Building - People & Process, Funding & Capital and Financial & Cash Flow Management.

In Conversation with Harry Moseley - Global Chief Information Officer, Zoom Video Communications - This interesting conversation revolved around how Zoom has made Work from Home the New World Order. Setting your Startup for hyper-growth and managing scale smoothly, insights into millennials and their tech consumptions- understanding patters, collaboration and needs of their ever-changing world, understanding and articulating the new digital nativity and insights into future-proofing your technology were the key issues discussed.

Shaping the Future of Media & Global content - While the ongoing crisis has changed the nature of businesses all around, it has shaken up the already struggling media and entertainment (M&E) more than most. Thanks to digital disruption, the industry is at the cusp of transformation. The current reality calls for companies to evolve their digital expectations to better understand their users. This webinar took a closer look at how industry leaders can drive the adoption of advanced technology solutions to craft shareable and compelling content and media experiences to reach out to a broader customer base. Eminent industry experts spoke on the role of technology in this transformation.

MSME Sector and cross-learning for Startups during COVID Times - This session discussed the new definition of MSME and what it means for Startups, utilization of Government's MSME stimulus, bank loans and schemes for SME, recommendation/directions to entrepreneurs on availing the scheme and how Startups may need to change their approach to avail the government MSME stimulus.

Winning Corporate Culture with Mark Jankelson - HR advisor and Chairman, Social Venture Partners Melbourne - Mark has a special interest in mentoring and coaching leaders, advising organisations on ethical leadership issues and helping organisations transform their cultures. This session touched upon various aspects of corporate culture especially relevant during these times of working remotely and how institutions can emerge and thrive on positivity.

Pathway to Profitable Sales Mastery - This session touched upon topics like Fundamentals of Selling, Myths & Truths about Selling, Selling VS Master Selling, Objection Handling and Closing techniques, Negotiation Skills, Context Creation, Mistakes done by Sales Professionals, The Fastest and easiest ways to double your sales, Sales Performance Tracker, Sales Interaction Map and Customer Experience Evaluation.

Times Food Network - Winning your Customer Confidence Back; learn how to make your kitchen "SMART" -One of the most relevant topics today, the pioneers of the kitchen of tomorrow spoke on agile surveillance teams, WhatsApp ordering system and the advent of cloud kitchens using automation and standardization.

About TiE Mumbai

The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. Since 1992. TiE has been supporting entrepreneurs by offering education, mentorship, networking and funding opportunities. The mission of TiE is to foster entrepreneurship globally through the 5 pillars of TiE: mentoring, networking and education, funding and incubation. Dedicated to the virtuous cycle of wealth creation and giving back to the community. TiE's focus area is to generate enable the next generation of entrepreneurs. There are currently 11,000 members, including over 2,500 charter members in 60 chapters across 17 countries. TiE's mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE's focus is on generating and nurturing our next generation of entrepreneurs.

~ Newsvoir

TiE Mumbai Hosts Multiple Webinars to Help Startups Deal with COVID-19

TiE Mumbai has recently organized a series of webinars enabling Startups to remotely connect with mentors and experts. From aiding innovators with answers to their ecosystem-related queries, to addressing concerns regarding the accessibility of funds, attracting the right investor, or devising an effective business plan to overcome all odds, these webinars are helping Startups and Founders thrive through during this unprecedented pandemic.

[caption id="attachment_145552" align="alignleft" width="300"] Atul Nishar- President, TiE Mumbai[/caption]

"Entrepreneurs and Startups will hugely benefit from the experience and expertise of the mentors comprising of top industry stakeholders. Surviving this crisis is extremely crucial and with the help of these webinars and online sessions TiE Mumbai is helping Startups navigate through the situation," said Atul Nishar, President, TiE Mumbai.

Some of the webinars organized by TiE Mumbai were -

An outlook of India and the world post COVID-19 with Mohandas Pai - Eminent Industry veteran and investor, Mohandas Pai shared his views on the current situation and its impact. He focused on the impact of COVID-19 on the global supply chain resulting in reordering and diversifying the supply chain. While he spoke on the effects of COVID-19 on India and world economy at large, he also said that this will set the stage for growth next year. Business will not be the same as usual, but industries will have to adapt according to the behavior of its customers. India must look at the world as its marketplace Startups will need to build robust and sustainable business models going forward. They should relook at costs and focus on customers. He is optimistic that Startups will bring in the much-needed Digital transformation.

Ask me anything sessions with prolific investors - During these sessions it was unanimously agreed that the current situation is a large economic, humanitarian and societal issue. Education, Healthcare and IT services will see profound changes. It was discussed that it is extremely critical to have cash in this crisis. It is also valuable to re-purpose your team and reimagine your business using innovation. Rapid adoption of Digitization is the trend in the current situation. Most businesses have transitioned to Working from Home, leading to new business models of the future.

My CFO's rapid impact assessment for your organization's financial health - Panelists in this discussion used practical and real-life examples to showcase potential suggestions to manage liquidity due to slowdown in revenues and collections, recommendations on cost optimization and gave an investor's perspective on capital raise during this period.

How to expand your customer base, reduce churn and optimize sales and marketing during COVID-19 - This Q&A discussion focused on looking for opportunities during the bad times. Bootstrapping was deemed necessary and the focus should shift to lead generation and marketing. While businesses must secure cash flow, they also need to understand their customer behavior and develop their customers base.

Mastering sales execution - Businesses are getting disrupted due to the COVID-19 crisis, forcing businesses to pivot, effective Sales Execution is going to become even more critical on limited resources. With this in mind the discussion focused on how does an entrepreneur MASTER Sales execution so that the Go To Market (GTM) initiative is successful, How do we sustain our effectiveness in Sales Execution and the common GTM execution pitfalls to avoid and new challenges to Sales Execution in the Post COVID-19 era.

Navigating investments during and post COVID-19 - This was a brainstorming session with an investor and his investee companies. The discussion stressed on the need for Startups to reinvent themselves. There is potential in every recession and since funding has becomes stage and sector agnostic, investors look at the potential of the business and the team. There is an active need for evolution in thinking and businesses and adoption of new product lines.

Rebooting retail post COVID-19 - Experts from the Retail Industry deliberated that businesses must pivot their models, supply chains must be streamlined, and safety must become non-negotiable going forward. It is no longer good enough to be just agile, it is time to reimagine the business given the new possibilities that have emerged during the lockdown.

Innovation and new business models emerging for a post COVID-19 world - Various business leaders discussed how the current economic situation might evolve, how different geographies and sectors might get affected, how investors view the situation evolving, and their plans for funding.

Legal issues arising out of COVID-19 - This was the second part of the ongoing legal and tax series where experts' answers questions on an array of legal issues that need attention. The discussing focused on trends and solutions pertaining to cash protection, employees - new hires/layoff/without pay, rent waver off or reduction, taking advantage of compliance relaxation and insurance claims around the disruption of business.

TiE Mumbai Food Network - Celebrity Diaries - In this new series, famous Celebrity Chef-Harpal Singh Sokhi talked about his experiences, his journey, the value of nutritional balance in everyday food and how this balance adds to boosting immunity. He also shared that traditional age-old food is making a comeback now.

About TiE Mumbai

The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. Since 1992. TiE has been supporting entrepreneurs by offering education, mentorship, networking and funding opportunities. The mission of TiE is to foster entrepreneurship globally through the 5 pillars of TiE: mentoring, networking and education, funding and incubation. Dedicated to the virtuous cycle of wealth creation and giving back to the community. TiE's focus area is to generate enable the next generation of entrepreneurs. There are currently 11,000 members, including over 2,500 charter members in 60 chapters across 17 countries. TiE's mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE's focus is on generating and nurturing our next generation of entrepreneurs.

~ Newsvoir