Newsletter Jan June 2014

Page 9

Entrepreneurial Workshop held on 13th July, 2013 at IIMT

IIMT conducted an entrepreneurial workshop “RAISING FUNDS” partnering with NEN (National Entrepreneurship Network). The workshop started with a welcome note by the speaker Mr. Tim Mathews to the start up entrepreneurs who participated in the workshop. There were 15 entrepreneurs from different parts of the country. The speaker discussed various aspects of fund raising and business life cycle, ways to approach investors and to choose the right investor and the right capital. Valuation methodologies were discussed from pitching to signing the term sheet. Structuring deals at different stages of business life cycle was also one of the points that was discussed in detail. The workshop was concluded by the speakers Mr. Neeraj Jain and Mr. Surjendu Kuila from Reviews42.com. They began by sharing their own challenges of funding as start up entrepreneurs and of being 1st generation en-

trepreneurs. The speakers of the sessions were: 1. Mr. Tim Mathews, Director PE India, heads early stage and startup funding. Tim received his B-tech in mechanical engineering from IIT Madras and has pursued his MBA in Finance and Entrepreneurship from Oline Business School at Washington University in U.S. Prior to found providence, Tim was a part of Emerson Climate Technology in US taking care of competitor acquisition analysis and product strategy, Tim was an Edison engineering graduate (EEDP) at GE Consumer Products and Satyam Engineering services working, on systems engineering, new product sourcing and product design for global markets. Tim is currently actively involved in early and growth stage fund raising, corporate financial advisory, business modeling, and in training and mentoring of entrepreneurs. 2. Neeraj Jain, Founder, Reviews42. com. A first generation entrepreneur, Reviews42.com is Neeraj’s second entrepreneurial venture. He started his start up journey in 2006 after completing his MBA from IIM Ahmedabad. His first adventure was Metalogos,

a financial consulting firm. As part of Metalogos, he advised a number of small and mid sized companies from different industries like Logistics, Media, IT, Mobile VAS, Internet, Fashion, Heritage, Travel etc., on various issues like raising funds, managing financies, etc. Reviews 42.com was started in April 2012 and it is on a robust growth path after having raised two rounds of funding from prominent venture capitalists in last 15 months. 3. Surjendu Kulia, Co-Founder, Reviews42.com. He has been in technology industry for a decade and worked primarily in the United States for 8+ years in start ups and big organizations such as Apple Computers, RSA securities, EMC etc. Prior to starting Reviews42.com, he was heading Rediff Shopping. Surjendu holds a B.Tech degree from IIT-Roorkee and an MBA from IIM-Calcutta.

Moment of Pride for three of PGDM OBU and BBA 1st year students at IIMT er, a commercial vehicle had hit a motor bike rider and pillion. One received severe head injury and the second person had a minor injury. Our stu-

Three of our PGDM (OBU) & BBA 1st Year students (Mohit Sharma, Mohit Saini and Raj Joshi) are being honored by AIRTEL in the Annual General Meeting at EPICENTRE today at 16.30 hrs. The GM Airtel has called personally called the two students with lot of appreciation for these two students. The reason behind the appreciation is; a month ago just after joining IIMT, there was an accident that happened at IFFCO Chowk near Signature TowVolume 7, Number 1

The motor bike rider who had multiple head injuries is an employee of Bharti Airtel at a senior finance position.

dents had helped the injured with the basic first aid in the mean while the police had called the ambulance and took the injured to the nearest hospital. Infact, none of the passerby had the courage to help the injured. http://www.iimtobu.ac.in/newsletter.htm

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