India needs a brilliant wave of entrepreneurs
Monday, June 29, 2009
MUMBAI NEW DELHI: Zeus, for once, was thwarted as the driving rain and rolling thunder failed to dampen the cheery mood at the concluding chapter
of The Power of Ideas programme in Mumbai. The Times of India building was the venue for the interaction between shortlisted candidates and investors from the Indian Angel Network (IAN), VCs and incubators. There was a flurry of activity as entrepreneurs and investors drove up in their cars and taxis, hurrying to keep their appointments. Each team had been allotted 45 minutes to present its business ideas.
George Koshy, 32, quit his job at Castrol India over a year ago and started Latent Tech with the objective of selling ‘cooling’ motorcycle helmets for two-wheelers. Koshy has been working towards his dream for seven years now and had applied for a patent as well. “I need capital to launch and scale up the business. Investors were impressed with the idea, and now I am keeping my fingers crossed,” he says.