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MoneyVidya.com, with the help of Credence Capital of IIM Lucknow recently ran an All-India B-School Competition. The competition ran from March 13-16, with over 200 participants from 12 of India’s top B-Schools:
IIM Ahmedabad
IIM Bangalore
IIM Calcutta
IIM Indore
IIM Khozikode
IIM Lucknow
XLRI
IIFT
XIMB
IIT Shailesh J Mehta School of Management
NITIE
SP Jain
A big thank you to the Credence Capital team and all of the MoneyVidya.com Ambassadors at each of these B-Schools. We’ll be sending you MoneyVidya.com Brand Ambassador on the 25th of March.
With such a massive participants the MoneyVidya.com team will be working through the week to collate results, to be announced on the 25th of March. Prizes will be dispatched the same day.
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I attended my first Startup Saturday Mumbai event today at the SP Jain Management Institute. I must say that overall I was quite pleased by the entire event. By the end of the event (in our true Indian style, people including the speakers and myself arrived late), 35 odd people showed up. This was a good mix of entrepreneurs, would-be entrepreneurs, bloggers and (unfortunately only) one person from the VC community – Hemir Doshi from IDG VC India. Both speakers were good, but I enjoyed listening to Rang De’s founders’ story more than the talk on the ‘importance of monitoring competition’. Read the rest of this entry »
ContentSutra reported that Seventy mm, the online dvd rental company has raised $12mn in its third round of funding:
Bangalore-based online DVD rental company Seventy mm has received $12.5 million (Rs 50 crore) from NEA Indo US Ventures. This will be the third round of funding for Seventymm, which now has a total capital of around $22 million.
Seventy mm plans to use this money to expand its online offering, and not foray into retail as Reliance Entertainment’s Big Flix are doing.
I was thinking of switching to Seventy mm away from my account at the local Shemaroo video store - they charge a ridiculous Rs. 125 per DVD per day (although for ‘old’ customers they’re pretty relaxed on the late fee policy). The reason why I haven’t made the switch Read the rest of this entry »