@TiEcon 2006: “The Preference For IIT/IIM Is A Fallacy”

Nikhil Nath CEO of Knowcross Solutions, Sandeep Murthy, Partner, Sherpalo Ventures, Vineet Buch, Principal, Bluerun Ventures and Mohit Goyal, Director of Scicom Infotech were on the next panel. Nikhil Nath, an entrepreneur who got funded on December 2005 had founded Knowcross ventures, which at the time had 5 employees, 11 customers and an annual revenue of around $200,000. Knowcross provides software solutions to Hotels. He said that there is no right or wrong plan. According to an email survey of his investors, he learnt that they had invested in his company because they were in a niche industry, had traction, a global vision, capital efficiency, commitment, passion and a fully developed product. One should highlight the traction and the ability to take take risks, and putting in personal money is a show of commitment. Mohit Goyal said that it is important to recognize that the Business Plan is in three stages

Comments have been disabled for this post