MeraEvents: 2017 New Year Events in India by Versant Online Solutions Pvt Ltd

captureIn today’s world full of technology and online bookings, who doesn’t know MeraEvents? It is like the ultimate google for all kinds of events and bookings across the country.

With the New Year being just round the corner, everybody is in the mood of “party on my mind!” and why should one not be in such a mood? Everybody has the right to enjoy the amazing year spent and welcome the New Year with a bash.

To keep this mood up and lively, MerEvents has a new app called the “MeraEvents: 2017 New Year Events in India” developed by Versant Online Solutions Pvt. Ltd.

Though this app allows you to book all other concerts, trade shows, startup events and other events happening in and around Hyderabad, but the new version of this app prompts you to discover the happening New Year parties in the town. It has a new tab altogether – “New Year”.

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How does it work?

  • When you download this app, it will prompt you the page of New Year parties in your town
  • You can either click on that prompt directly, or select skip
  • When you select skip, you will be asked to sign in/register – you can use your Facebook or Google account to login
  • Once you login, the bottom line will allow you access to the type of booking you are looking at. The very first one is “New Year”. Once you click on that, you will be asked to select your city
  • Based on your selection, you will get a list of the best handpicked new year events all set to happen in your city

Wondering why to use this designated app/web of MeraEvents?

Well, here are ‘just’ a few reasons –

  • There is no convenience fee on any New Year Events. Don’t pay convenience fee on other portals
  • Once you buy the ticket, you can refer any friend and if he buys, both of you would get benefits. MeraEvents would be enabling Viral Ticketing feature to all New Year Events
  • A whole new dedicated app to book your seats for the New Year ’s Eve
  • Bulk Bookings (More than 10 tickets) would attract special discounts
  • All major New Year Events are covered, so no need to go through multiple sites and waste your time

What’s more? MeraEvents is offering up to 15% discount on App bookings and up to 10% discount on web bookings.

  • For downloading the app on your iPhone, click here
  • For downloading the app on your android device, click here
  • To avail 15% discount use code MEAPP2017
  • To avail 10% discount, use code MENY2017

 

AVISHKAR – Deep Tech Accelerator – accepting applications for their 3rd batch

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Are you a deep-tech startup? Are you building a product that some might call ‘magic’? AVISHKAR at IIIT-H Foundation has been helping technology product startups that draw its strength from domains of AI, Machine Learning, AR/VR, Computer Vision and Robotics to solve the problems of tomorrow.

We are looking for startups that are a cut above, in terms of technology and problem solving approach for the third batch of AVISHKAR, India’s first deep – Tech Accelerator Programme.

AVISHKAR is a 6 month accelerator programme  hosted by IIITH Foundation, the Technology Business Incubator of IIIT Hyderabad. The programme is supported by IIIT,50K Ventures and CoCreation Consulting. AVISHKAR works on a small cohort of startups ( 3-4 startups ), provide them with a seed fund of 10 Lakhs, Technology support from IIIT Hyderabad Research Labs and business building support  from AVISHKAR team.The AVISHKAR startups also receive support from IIITH Foundation’s Service partners and Ecosystem associates.

Investment Readiness is one of the key deliverables defined within the AVISHKAR programme. After 6 months, the startups will graduate and go to a demoday infront of a selected audience of Investors and Customers for their next level of investment and scaling up.

Click here to apply Application to Batch -3 Closes on January 12th 2017.

Hyderabad based GetBike obtains $100K funding in an angel round of investment

getbikeHaving taxis for cab services is quite common, but how about a motorbike sharing service? Rare isn’t it? Due to its unique factor, the motor cycle sharing startup Getbike was successful in raising a $100, 000 (Rs. 68 lakhs approximately in a round of angel investments.

Getbike, before known as Getmi is run by city based Vave Infosolutions India Pvt. Ltd. Getbike was launched in Hyderabad in September 2016. In just 3 months, the firm had 50 bikes and 108 riders including female riders.

Shravya Reddy is the proud founder of this startup and Vamshi Reddy B, angel investor and co-founder of Apalya Technologies and investor Venu Veeramaneni participated in the round of funding.

“We have done a minimum viable product (MVP) exercise for three months with 20 active riders and completed 10,680 trips. We are generating about Rs 2 lakh in revenues per month and growing at 50% month on month.” Shravya said.

The 11 member team of Getbike is extremely pleased with this angel round of funding and are looking forward to a funding of Rs. 3 Crore to support their future plans.

Congratulations team! It surely is an amazing news for all of you right before the year ends! Hope the New Year brings in more success to all of you.

getbike app

 

 

 

City based startup Timla Foods raises seed funding through Kae Cap

captureThough the year of 2016 may be coming to end, yet the success ladder of startups seems to see no end nor do the entrepreneurs want to sit in peace until they have made it really big – be it in any sector. Just recently, Timla foods came out in the open to officially announce their success of receiving seed funding from Kae Cap – an early stage investment firm based out of Mumbai.

Timla Food has raised this funding under their brand “PopiCorn” – which makes ready to eat popcorn. At Popicorn, they make great tasting wholesome snacks for every age and lifestyle. PopiCorn’s popcorn is ready to eat, 100% natural, GMO free and made of whole grain.

At present, this brand is available in all leading super market stores including Ratnadeep, Heritage Fresh, Ghanshyam and Karachi bakery as well. This brand was introduced in the beginning of this year, and in such a short span itself, the brand has recorded over 4 lakh units of popcorn sale.

The primary aim of this company is to make healthy ready-to-eat snacks,” said Prashant Gowriraju, cofounder at Timla Foods. “Our product doesn’t contain any preservative or GMOs.” He continues by saying that the seed fund amount will be used to enhance the capacity of production and expansion of the operations of the brand across the nation. “We realised that the market gap is large and PopiCorn received positive response in the Telangana market,” said Navin Honagudi, investment director at Kae Capital. “This is what prompted us to invest in this company.”

According to the research of the investment company, the ready-to-eat segment is a large market with scope worth Rs 20,000 crore. Timla foods is looking forward to expansion in Bengaluru followed by Mumbai. They were bootstrapped when they kicked off in 2016 and this is their first seed funding that they have received from outside.

Congratulations team – hope we get to eat more of this healthy yet tasty popcorn. You are all doing great, and hope to you see doing even better and achieve all those goals that you have set for the startup.

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Like their fanpage to get cool updates about popicorn

Exclusive Local Deals App, BlueBook, raises $500,000 in a Seed Round syndicated by Indian Angel Network and LetsVenture

Angel investors from  IAN and Let’s Venture platform, from India and around the world

Help build Blue Books as a high growth venture with increased merchant and user base across 3 cities, leveraging technology for deep customer analytics, loyalty solutions for merchants and unique payment solution

Online to Offline (O2O) marketing platform, The BlueBook has raised a $500,000 seed round lead by India’s first and World’s largest angel investor network; Indian Angel Network with investors from around the world. Other participants included Let’s Venture, a fund raising platform and angel investors from Singapore and United States. Srinubabu Gedela ( CEO, OMICS International), Avinash Vashistha (IAN member, Founder, Tholons Capital, Ex- ‎Chairman & Country Managing Director, Accenture), Rajiv Mehta (IAN member, CEO, Arvind Lifestyle) led the round for the angel investor group. Avinash Vashishta and Srinubabu Gedela will join the board of the company.

Total food services & wellness market in India today stands at $60B and has grown at 7.7 per cent since 2013. The share of organised market is currently 30% and is expected to grow to 35% by 2021. This translates to $18B as of 2016 and is estimated to reach $32B by 2021.  Bluebook is addressing a serviceable obtainable market of $300 Million.

When you think of discounts and coupons, chances are few that you find a genuine discount with no terms and conditions at places you love.  After all the research, the customers settle for a relatively lesser known outlet on a weekday which needs to be pre-booked or prepaid for without an assurance of a great experience. Founded in the year 2013, The Bluebook is solving the exact problem in the offline deals & discounts space. It provides discounts from city’s popular outlets with validity throughout the week and does not require a prior booking to avail the service at the selected outlet. Launched as a discount voucher book in 2013, The BlueBook transitioned into a mobile app in Nov, 2015 and is now growing about 40 percent month-over-month.

Speaking on the announcement, Varun Kumar Akula – Co-founder & CEO, The BlueBook said,Our biggest achievement so far has been capturing market share with no marketing spend and on boarding the top merchants in cities we are present in. The capital raised will be deployed in consolidating the merchant and user base in Hyderabad, Bangalore and Gurgaon, apart from investing on the product & technology to offer deep customer analytics, loyalty solution for merchants and unique payment solution. We aim to be present in all major metros in the next few quarters with our full stack solution.

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I have known Bluebook founders since their journey started with a physical coupon book. I have witnessed their transition into mobile application and have been really impressed with the traction and the product which was built by core team of 8 passionate individuals with meagre funding. With solid roadmap in place i see something truly amazing happening with BlueBook in this space.” said lead investor Srinubabu Gedela

“We at IAN believe that BlueBook has global & compelling product with a potential to cater to a high growth market. We are confident that with the right mentorship and market access that IAN provides them, they will scale to become one of the largest brands in the O2O space.” said Padmaja Ruparel, President, Indian Angel Network

Solutions in the market today require steep discounting or group booking to drive footfalls to the stores. Some websites and apps use table booking to incentivise customers, while others reward you with points which can only be redeemed at select stores, but the bottom line is, these solutions have failed to create a win-win for the merchants and consumers. Bluebook, has been successful in being an advocate to both the customer and the merchant. Bluebook enters into yearlong exclusive contracts with merchants and curates offers to drive new customers and incentivize them on multiple visits.

Bluebook works with the leading brands such as Biereclub, Brewsky, Naturals, Bodycraft, O2 Spa and with a foothold in Hyderabad, Bangalore & Gurgaon. For consumers, the BlueBook operates a subscription model where users can pay a monthly fee of Rs.99 to avail all the discounts at the city’s popular restaurants, bars, cafes, spa, wellness and entertainment outlets. The redemption at the outlet is hassle free and happens with a 4 digit pin authentication.

“BlueBook is a refreshingly smart venture in the O2O space – a space flooded by companies with high burn rates and questionable business models. BlueBook, in contrast, has been successful in creating both positive unit economics & scalability, making it a lucrative proposition for investors on the LetsVenture platform” said Shanti Mohan, Founder of LetsVenture.

Bluebook has seen that customers can recoup the subscription amount in as low as one redemption, letting them enjoy the discounts they wouldn’t normally be able to receive owing to the popularity of the hang out. While the merchants witnessed a well-balanced foot fall garnering attention from new first time customers and the inbuilt visit based incentives have induced loyalty amongst the customers. The startup’s unique business model and lean approach has helped it keep the customer acquisition cost low, while maintaining the merchant retention rate at a high 95%. 100% of the user base has been acquired organically through word of mouth and referrals and has helped 1,00,000+ users save at their 1200+ merchants.

Rajiv Mehta – CEO, Arvind Fashion Brands Limited lead investor, “Biere Club, Puma Social, Smokehouse Deli, these are prestigious brands not known to offer deals & discounts. With my personal experience in retail & hospitality, I was intrigued when I got to know that consumers were benefiting from offers & upgrades to these outfits, but blown away when I was made aware that BlueBook had exclusivity for these deals. Business model is scalable across cities and their unique customer acquisition strategies are a huge differentiator.

“BlueBook’s current business model, traction and non-linear scaling by itself is highly differentiated. Their focus on analytics and personalised offering of Deals makes it a win win for both the customer and the merchant. I look forward to working with this passionate team as they work towards transforming the way the Online to Offline (O2O) space works in our country.” Commented, Avinash Vashista lead investor.

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About the Founders

Varun Kumar Akula – Co-founder & CEO, Alumnus of Stanford Ignite, Bits Pilani & State University of New York. Incorporated his first company at the age of 21 and scaled it to $500,000 in revenue within 18 months. Core Focus at Bluebook – Hiring, Strategy, Finance and Expansion.

Alok Medikepura Anil – Co-founder & COO – Alumnus of Stanford Ignite, Boston University & Cranfield University. Experience of working with various cross functional teams with focus on using technology to improve business decisions. Core Focus at Bluebook – Digital marketing, Analytics, Product, Strategy & Operations.

Reetika G – Co-founder & CMO – First employee at Bluebook. 4+ years experience in leading sales, marketing & partnerships. Responsible for marketing, customer and merchant acquisition. Ex-Accenture.

Advisor

Venkat Raju – Mr. Venkat Raju is an accomplished entrepreneur & seasoned executive with strong business, technology and general management credentials. His current portfolio covers a wide spectrum – spanning Cloud Computing & SaaS, Big Data & Analytics, Mobility, E-Commerce, related Consumer Internet. Mr. Venkat Raju is an active IAN investor and current Managing Director of Kyron India.

About Indian Angel Network

The Indian Angel Network is the world’s largest business angel group. With more than 450 investors from 10 countries, IAN’s presence spans 7 locations, which includes cities in India and UK. IAN has invested in startups from 17 industries/sectors. The investor group comprises successful and established entrepreneurs as well as dynamic CEOs. They not only invest in innovative startups but also provide valuable inputs on strategy, in addition to providing access to their vast global networks. IAN also became the world’s first angel investor group to establish operations outside of its home country, when it started operating in London. Over 8,000 entrepreneurs pitch to IAN each year, and IAN has invested in over US$20mn in 60 plus ventures  over the last two years, investing over US$20mn.

IAN’s portfolio, with over 100 companies, spans 17 sectors across 7 countries. IAN portfolio companies have given 70x returns in 6 years, 21x in 30 months, 22x in 60 months, and 6x in 15 months; many well on their way to become unicorns.www.indianangelnetwork.com |@ianetwork

For further details, please contact:

Indian Angel Network  

Himali Makker| Mobile: + 91 9811866475| E-mail: himali@indianangelnetwork.com

Genesis Burson-Marsteller
Tripti Sharma| Mobile: + 91 7838350189 | E-mail: tripti.sharma@bm.com

About LetsVenture

Founded in 2013, LetsVenture enables startups and investors to discover and connect with each other. There are 12000+ startups and 2200+ investors on the platform. LetsVenture takes care of closure of term sheet & shareholders agreement, and complete legal & financial due diligence along with completing the fundraise. LetsVenture has enabled more than 100 startups to raise over $38mn in the last 3 years. https://letsventure.com/

T-Hub Welcomes you to HEALTHCAFE on 27th December

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Do you have an idea, a business model or a technology that you think can make Healthcare affordable and more accessible?
Then, you need to be a part of HealthCAFE, a T-Hub initiative to bring the healthcare community together every alternate month to ideate, discuss and create unique healthcare solutions that benefit our society.
WHEN: 27th Dec, 2016
TIME: 5 – 7 pm
WHERE: Events room, T- Hub

Who should attend?

  • Physicians
  • HealthTech startups
  • Investors in the space
  • Corporates interested in ideating and seeking industry solutions
  • Researchers looking to bring their technologies to market

AGENDA:

4:30 pm – Registrations and Verifications
5:00 pm – T-Hub Introduction
5:15 pm – Participant Introductions
5:30 pm – Open House – Start-ups can pitch/ask suggestions from mentors
6:30 pm – Summary and Conclusion
7:00 pm – Refreshments

* If you have any announcements to make or wish to sponsor the event, please send an email to swetha.jegannathan@t-hub.co

Mark your calendar for HealthCAFE, which  will happen on the 4th Tuesday of every alternate month.

Let us converge, connect and create an affordable HealthTech ecosystem!

CLICK HERE TO REGISTER FOR HEALTHCAFE

HealthCAFE Post 3

 

CakesBunk raises its bar and launches its very own mobile app

captureIn today’s world just having an online presence is not enough. It is necessary for you to keep growing with the changes in the market and changing needs of the customers. With people’s schedule becoming busy and technology growing at a blistering pace, the disconnect between people found a new place – technology allowed people to buy gifts, order flowers and cakes online.

CakesBunk was one such website that allowed people to order cakes online for their loved ones. And this startup was a huge hit not because it provided an important service online, but also because belived in growing with new technology. Just few days back, Bunks Group announced the release of its Android application on Playstore. The announcement was done in a ceremony held at Hyderabad. Dr Konijeti Rosiah – Ex Governor of Tamil Nadu launched the CakesBunk android application in the presence of Mr. VV Sanyasirao, MC Member – FAPCCI, Mr. Thomas, CMD – Professional Couriers and Mr. Ravi Korukonda – Co-Founder, PurpleTalk.

CakesBunk mobile app had been developed by Bunks Group in the city which enabled its users to send sweet wishes to their loved ones across cities in Andhra Pradesh. CakesBunk users can send their best wishes in the form of cakes for their loved on any and all occasions.

Now with the launch of the mobile app, the customers will have the convenience of ordering cakes through their mobile simply by sitting at their house. The best part? The price ranges are reasonable – the range starts from INR 350/- ($5) only. The application would ensure delivery of cakes to several cities of Andhra Pradesh including Guntur, Vijayawada, Ongole, Kakinada, Narasaraopet, Chilakaluripet, Addanki, Sattenapalli, Vinukonda and Eluru connecting the semi-urban areas.

In next 3 months, Bunks Group plans to extend the delivery of cakes through CakesBunk app to over 100 locations across Andhra Pradesh & Telangana. In the near future, the customers of this mobile app will also have the option of ordering gifts along with cakes.

This application is a brainchild of Bunks Group, a startup launched 5 years ago by a group of college students including Tata Teja, Avinash, Venkat Kothamasu, Seshu J, Vijay M, Ajay N, Surya R and Pavan J.

The delivery of cakes through the application is not only convenient but also time-bound and the reach extends to several tier-2 and tier-3 cities. The app lets the users pick from a wide variety of flavours and designs which can be customized on order.

Congratulations to the team of Bunks! We wish you all huge success with the new mobile app and we wish that the team grows and have millions of customers!

cakesbunk

 

ASSOCHAM lists Wisdomjobs.com in the India Top SME 50 Index

Hyderabad based Wisdomjobs.com, one of India’s leading end to end online recruitment and career solutions portals, today announced that it has been declared as one of the top 50 SMEs in India, 2016, by ‘ASSOCHAM India’. ASSOCHAM is a non-profit organization that combines the entrepreneurial spirit and business acumen of owners with management skills and expertise of professionals to set itself apart as a Chamber with a difference. Wisdomjobs.com is India’s 1st job portal with an integrated online skill testing & rating system with a database of over 30 million profiles and 3,500 clients.

The Award was presented to Mr. Ajay Kolla, Founder and CEO of Wisdomjobs.com by Mr. Arun Jain, Senior Managing Committee Member, ASSOCHAM. The Award Ceremony witnessed the presence of several eminent dignitaries including Mr. Haribhai Parathibhai Chaudhary, Minister of State for MSME, Government of India; Mr. U.K. Joshi, Director, ASSOCHAM; Mr. S.C. Aggarwal, Chairman, Micro Finance Council, ASSOCHAM and Mr. S.N. Tripathi, IAS, Additional Secretary & Development Commissioner (MSME), Ministry of MSME, Government of India, amongst others.

ajay-kolla

Wisdomjobs.com was chosen as one of the top 50 SMEs in the country out of more than 1,000 nominations that ASSOCHAM received from all across the Nation.

Upon receiving this prestigious recognition, Mr. Ajay Kolla, Founder & CEO, Wisdomjobs.com said, “We have always thrived atmaking Wisdomjobs.com one of best players in the industry and achieving this recognition reflects our sheer determination in achieving it. It is a great honor to receive this prestigious recognition from ASSOCHAM which would amplify the zeal of Wisdomjobs.com’s team to continue working towards the newer heights. Dedication and perseverance has always been our key driver without which we could have not reached where we are.”

The 4th edition of ‘ASSOCHAM India’s SMEs Excellence Awards 2016’ honored the best performing MSME units and entrepreneurs in various categories. The event was attended by several dignitaries including policy makers, senior bureaucrats, business leaders, experts and key functionaries of the Indian Venture Capital & Finance Industry.

About Wisdom Jobs

Started in 2010 and headquartered in Hyderabad, Wisdomjobs.com is one of India’s leading job portals providing end-to-end recruitment solutions to organizations and career opportunities to individuals. Wisdomjobs.com is India’s 1st job portal with an integrated online skill testing & rating system – Pragnya Meter. Within a short span of 5 years, Wisdomjobs.com has developed a database of over 30 million profiles spanning experience levels, skill sets and industries, thereby providing a huge pool of relevant candidates to various organizations. Wisdomjobs.com is an ISO 9001:2008 certified company with a clientele exceeding 3500 customers including some of the prominent names of the industry.

 

 

The Spark Fest – Igniting Young Sparks

 

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The Spark Fest stands as a single hotspot for passion and talents from all the domains there is for the youth to explore. Learn and along the way, discover your true self. From Arts to Academics, Science to Style and Poetry to Painting, domain boundaries are simply excuses to stop you from excelling at your passion. Boundaries stop potentials. Spark fest pushes those boundaries and aims to let you find the real you. You will find your passion and work towards making wonders. You will also meet people with inspiring stories. You will find and be a mentor to people. You will also find inspiration and be an inspiration to people. You will learn to become awesome and also teach people on how to become awesome at Spark Fest.

The idea of creating an event, so epiphany – inducing for people who are passionate about their talents excited Vihari Eyyuni and Balamurali Pandranki. They both immediately co-founded The Spark Fest. Sitting out in the Moonshine Project, Vihari and Murali met an old friend Vikram, who is a passionate blogger and networker. He fell in love with the idea of making one’s passion as their profession.

The Spark Fest stands as a single hotspot for passion and talents from all the domains there is for the youth to explore. They can learn and along the way, discover their true self. “If at the end of the Spark Fest, I were to ask any 1 of the 2000 attendees ‘What their takeaway was from the fest?’ and if any 1 of those 2000 say that they have found a profound clarity of how they can fuel their passion and shape a life out of it, I would consider my mission accomplished”, Murali said.

The event aims to spark, true to its name, with great speakers who include all of the stars of today who are fuelled by nothing but passion and hard work. Thushar Lall ( founder of Indian Jam Project); a YouTube music sensation, Tanya Nambiar (Singer and Musician); a melody queen, Haleem Khan, the famed Kuchipudi dancer stand as an example of breaking stereotypes while rising towards success. We have great entrepreneurs such as Vivek Satya Mitram(Founder and Editor in Chief @ Adviceadda.com) and Shruti Chaturvedi (Founder at chaipani.com) who could forget the guy who gave us the greatest Anu Aunty video, the one and only Varurn Agarwal; author and a young millionaire. We also have Bhuma Akhila Priya; the youngest MLA there is in India

The Spark Fest 2016 is the biggest youth festival in the country and we will celebrate this at our very own T-HUB Gachibowli, on 17th and 18th of December, this year. It aims to incubate the ideas and passion of thousands of youngsters across the youth base in the city and as well as the state in entirety. Come and celebrate passion like never before. Say goodbye to boring lectures and unambiguous power talks. Tickets are available at www.thesparkfest.com for Rs.1000. Don’t miss out on this great opportunity to attend the Spark Fest 2016.

A Pursuit for Passion and Perfection: Balamurali Pandranki

There are a lot of factors that drive individuals towards specific goals. But what if the only goal you ever have is Passion? Balamurali Pandranki is one such individual who believes that passion can make any person live his/her life to the fullest.

Starting off from very humble beginnings, Murali migrated to Hyderabad after his father’s demise and due to financial constraints. Brought up by a single mother, Murali always had a special attraction towards technology and the electronics involved in it. “I was always fascinated by the idea of building electronics and have been among the top performers at every science fair I’ve been to since my childhood” He reminisces his school days.

“I never had enough money to pursue my passion i.e, electronics. I used to help out my juniors and peers at school with all their projects at any science fair. I then realized that I could make projects and sell them to these students. That has to be the point where I started my step towards entrepreneurship even without knowing of the existence of any word as such.”

Murali had to choose a career path which guaranteed his placement and earning opportunities as he saw that he has to start earning quickly in order to support his mom. Polytechnic gave him a path but even after an impressive 600 rank in CEEP, he had to take CIVIL engineering as his domain. Murali was unusually attracted to coding and learned to code all by himself. He was seen a lot in the CSE department at college than his own. Doing ample justice to his own stream simultaneously, he became an efficient coder in a very short time. All he had was a small personal computer at home which belonged to his aunt. “I like coding.” Says Murali “I believe that self-learning is what makes you passionate about anything. If you force a kid to do math, he will end up hating it. You let him figure out the brilliance of it and he will like it and maybe even find it passionate. Let a person loosen up on his/her interests and trust me, it will sure make him/her passionate.”

Murali saw that being a government owned institute, his college lacked all there is which made a private college better one. He thought that this is not the way a college should be operating and decided to pull a few strings, reset up the defunct student body and started developing his college. This

got him thinking that his college needed a portal

online for all the student needs. A social networking website for the students in the college. Along with his friend Basheer, he collected funds from friends of about Rs. 3000 and started on his project called myfriends.com. “I did not have an internet connection back in the day. Those were the days when Aircel offered free 3G services in the morning. I used to get up early in the morning at around 5AM and use that internet for all my needs. Code and develop the website, THEN go attend the college.” Even with all the efforts, myfriends.com turned out to be a failure due to the lack of awareness of social media among his college friends.

During his second year, Murali started out on his next venture, civilstack.com. It was an online stop for every civil engineering student for his/her academic needs. He went on to pitch the idea at the Bentley Conference but as it turned out that there was a similar idea in works, he had to drop out of it. During which came in his semester examinations and Murali was nowhere near prepared for it.

I’m not proud of what I did but I got caught with a chit in the examination hall and got debarred from writing the exams for the entire semester.” He says. He received a lot of heat at his household but that did not deter him. He went on to intern at a private company for his CIVIL project and built those guys a website and thought that he was on the right path all along. Coding was his passion.

“That incident to me proved to be a beneficial one in a way “he recounts.

His 5th semester was tough one where he had to clear all his semester and previous semester subjects all at once. He managed to clear all of those with a flying 80% aggregate and cleared ECET with a statewide 250 Rank.

He had a fork on the road now. CIVIL or CSE. He began doing freelance projects and at the same time, started his engineering at Mallareddy Institute Of Technology And Science in the CSE stream. He had a few months to spare till the date of joining during which he went on to intern at Coherendz under the tutelage of Arpita Soma (Founder YoGrad!) on the way. He began to design and sell School Management to schools and that went on quite well. He met the Aadi and Subash of August Fest at the Elevator Pitch at Lamakaan, Hyderabad and was a part of the team of August Fest too. Murali realized that college had nothing much to offer to him as all of which he was to learn at college is pretty much the stuff he already had a great grip on. He felt that the theoretical/outdated curriculum was not his cup of tea and he had a big passionate career out in front and decided to drop out after 1 month of college. He started a company called Codedeft technologies which went off well but had to stop for a few reasons.

Murali found a new interest in ethical hacking and mastered it too very soon and started conducting Hackathons in the year 2014. Once at an event, Murali encountered an individual who wanted Murali to meet his brilliant co-founder. This co-founder turned out to be an attendee to his earlier hackathon.” He said that my Hackathon introduced and inspired him in the IoT domain and was a life changingevent to him. That was when I realized that I had it in me to inspire people to pursue their passion”. Murali started continuing and expanding his work of conducting Hackathons under the brand name of Progress Works (2015) and there was no turning back. Murali believes that passion can fuel any person to be the best of the version he/her always will be. “Sometimes all you need is aggressive passion towards something. Talent is always optional” says Murali. These ideals of his towards passion stood as the pillars of the foundation of The Spark Fest.

The Spark Fest stands as a single hotspot for passion and talents from all the domains there is for the youth to explore, learn and along the way discover their true self. “If at the end of the Spark Fest, I were to ask any 1 of the 6000 attendees ‘What their takeaway was from the fest?’, and if any 1 of those 6000 say that they have found a profound clarity of how they can fuel their passion and shape a life out of it, I would consider my mission accomplished,” Murali added.

“The Spark Fest is an innovative and epiphany-inducing venture. I have an incredible team by my side. I have Shaista Fatima at the Operations end, Vihari Eyunni; My go-to guy for everything, my wordsmith P.Shiva Rama Krishna, Vikram; the networker and Spandana Gangavaram; a diary to keep me company all the time.Chaitanya, Tabreez are amazing guys to work with, compromise of my team” Balamurali says with a beaming smile. The Spark Fest 2016 is the biggest youth festival in the country coming this December 2016. Tickets are available at www.thesparkfest.com

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TiE-ISB CoNNect generates significant investment interest in Hyderabad

“While Digital disruption is no doubt changing the business landscape and there are many innovative approaches to solving problems, entrepreneurs will need to focus on replicability and scalability of their business ideas to be successful.” These were the words spoken at the TiE-ISB CoNnect by Mr. Anil Bhansali, Managing Director, Microsoft India (R&D) Pvt. Ltd. on building replicable and scalable AI Models.

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. There are currently 13,000 members, including over 2,500 charter members in 61 chapters across 18 countries. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, education, incubating, and funding. TiE is mainly focussed on supporting and nourishing the next generation of startups. They have together with the Indian School of Business (ISB) and have aimed at the fostering of entrepreneurial development in the city. Their main motive is to create a startup eco system in the city through mentoring, networking and education.

This year the TiE-ISB CoNNect took place in a 2-day event in October and got concluded on the 27th of October. This event witnessed participation and encouragement of over 700 delegates representing entrepreneurs, investors, incubators etc,.

On the second day, TiE signed an MoU with National Research Development Corporation and Mr. Jayesh Ranjan, the IT Secretary of the Government of Telangana addressed that Transactional Analysis will be empowering the nation to allow small entrepreneurs to make incremental revenue by becoming digital partners. They have also conducted panels to discuss on health care, home health, m-payment, e-payments, provision of jobs, skills encouragement, etc,.

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INR 330 Crores worth investment interest leads generated after over 100 one on one investor meetings organized at the event. They have felicitated many entrepreneurs and stakeholders during the closing ceremony.

An event of this kind is the most needed to encourage and improve the health and prosperity of the startup eco-system in the generation.

TiE-ISB Connect 2016 also felicitated the enterprising startups and other stakeholders during the closing ceremony.

Award Winners

Investor Connect

  • Most Attractive Startup – MELTAG
  • Most Attractive Investor – Kalari Capital

Mentor Connect

  • Most Engaged Mentor – Ms. Nandita Sethi
  • Most Engaged Mentee – Mr. Surreesha Jagarlamudi

Guardian Angel

  • Stumagz
  • ChitMonks

Best Hi-Tech

  • Sugar Maths

Disruptive Business Model

  • Orange Tree Technologies

High Growth Startup

Best Enterprise Software

  • DarwinBox

Best Environment Impact

  • Basil Enterprises

All rounder

  • Vasist

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Here are details about First Ever TiE Global Summit is schedule December 16th 17th, 2016 in New Delhi.