Mind your 'business'

[V.Balasubramani]

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The feeling of being one's own boss.....

Mind your 'business'

Chennai: Catch 'em young, goes the old adage. But it seems that the youth of today have caught up with the 'business' of entrepreneurship. Probably inspired by the success stories of teen millionaires across the world, there are increasing instances of youngsters giving up high-paying jobs to begin afresh, or as they say, 'pursue passion'

Identifying the positive trend in the Indian business scene, various industry and social bodies are now doing their bit to help budding entrepreneurs realise their dreams, a prime example is the National Association of Software and Services Companies (NASSCOM) which has launched '10,000 start-ups', an innovative programme which seeks to establish India as a leading startup hub. So what is it that drives these business-enthusiasts?

'The feeling of being one's own boss is a major factor. One also gets to work on something which he /she is genuinely interested in, rather than working towards fulfilling someone else's aspirations', says Narayan Venkat (18) who has taken up his family's fruit business.

It is widely regarded that young minds are uncluttered with no fear of failure, an attribute which is a pre-requisite for an entrepreneur. Also, the fact that they are not limited by conventional wisdom, enables them to think out of the box, which is a cornerstone for many a successful venture today.

Read more: Mind your 'business' | News Today

 

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That is great.

 

[V.Balasubramani]

[h=1]Yahoo buys out Bangalore startup Bookpad[/h][h=1]BANGALORE: After Facebook and Google acquired Little Eye Labs and Impermiumrespectively, here comes yet another acquisition of an Indian startup by a globaltechnology major, underlining the growing innovativeness of the country'sstartup ecosystem.

Yahoo has boughtBangalore-based Bookpad, a startup that's barely a year old and founded by threeyoungsters who passed out of IIT-Guwahati over the past three years. Theprecise value of the deal could not be ascertained, but sources said it's alittle under $15 million (Rs 90 crore).

Bookpad's enterprise software product, DocsPad, allows users to view anydocument (like PDF, Word, Powerpoint), as also edit and annotate it, within awebsite or app. It works across devices, and does not require downloading ofplug-ins or desktop software. For Yahoo, a content provider, the technology canpotentially be embedded in many of its services. IT industry body Nasscom's10,000 Startups programme had identified Bookpad as a promising idea and theventure was incubated at the Startup Warehouse established by Nasscom and theKarnataka government in Bangalore. It was later part of the MicrosoftAccelerator programme in the city.

Read more: Yahoo buys out Bangalore startup Bookpad - The Times of India[/h][h=1][/h]