Thursday, March 15, 2007
Digest#13: Past Events
1. Nostalgia 2007
2. Ruby Reunion batch of 1966
8. Vijay Malik and his wife
3. PEARL REUNION AT IIT DELHI
It was another occasion for the batches 1970 and 1971 to meet. The Pearl Reunion was held on 11-12 March 2007. It was a reunion after 35 years – for alumni who had passed out in the 1970-71. This was the second of its kind in IIT Delhi and was attended by approx. 100 alumni along with spouses.
It was an occasion marked by many events. A hilarious skit on life of a student at IIT was enacted by the students of the Dance and Dramatics Club. Presentations were made on “Growth of IIT Delhi” by the Director and “Fruitful Alumni Initiatives”
A Panel Discussion on “Future Vision and Alumni –Institute Interaction” in which Vision 2020 and the PanIIT movement were discussed was organized on 12th March. The Alumni then visited the Departments and interacted with the faculty and students. Finally at a feedback workshop the alumni complied a written feedback on suggestions for the Institute as well as how they could contribute to the growth of IIT Delhi.
The Alumni expressed their delight at being invited to visit the Institute and suggested that such reunions should be organized more often.
4. EDC
The Entrepreneurship Development Cell (EDC) is an initiative taken by IIT Delhi students to promote the concept of entrepreneurship on campus. A part of this promotion includes providing the required experience and knowledge for entrepreneurship.
The Alumni Association of IIT Delhi provides this very link between the enterprising amateurs and the experienced professionals. We strive to be an active interface between these young minds and your esteemed selves where business ventures will be born out of your participation in the cell activitiesThe Entrepreneurship Development Cell, IITD in association with Deloitte & Touche, a leading global professional firm providing consultancy services presented a Business Plan making workshop to lead you through the steps of developing an effective business plan with the overall purpose to let you know the process of "thinking it through" before venturing into a business held on 12th March at 4.45 PM at Seminar Hall, IIT Delhi.
Speakers' Profile
Representing D&T will be Mr.Atul Dhawan, Partner, Deloitte Haskins & Sells and Ms. Kalpana Jain, Director, Deloitte & Touche.
This workshop was featured Mr. Mahesh Murthy, a seasoned VC, Mr. Gopal Krishna, an entrepreneur, and Mr. Ranjit Shastri, an angel investor. Through this workshop, they intended to give you a comprehensive view on how to pitch your business plan to a funding organization, when is the right time, what cautions to consider, what are the exit options you could provide your investors, and a lot more - and that too, from three different perspectives!
That was followed by a small session wherein participants from the audience asked to present some of their ideas, and a quick evaluation of these would be done by our panelists, giving you a practical feel of the same. Do bring along ideas if you want a first reaction from the pros.
Regards,
Student Team,
Entrepreneurship Development Cell, IIT Delhi
--------------------------------------------
ABOUT THE SPEAKERS
Mahesh Murthy, founder and CEO of Pinstorm, has 20 years of marketing and communications experience – of which over 10 years are in online marketing. After dropping out of college, Mahesh sold vacuum cleaners from door to door and then found home in advertising with Grey in India and Ogilvy in Hong Kong, where he won international notoriety and awards as a creative director on HP, Microsoft, Unilever, The Economist, Pepsi and MTV - for whom he wrote and directed a spot voted "Asia's best commercial of the decade". He then moved to a Silicon Valley firm, CKS Partners (later, USWeb/ CKS) as Creative Director, General Manager and eventually, Partner – where he helped create and launch the first commercial version of Yahoo in 1995 and the "Earth's biggest bookstore" campaign for Amazon.com in 1997. After a successful NASDAQ IPO for CKS, Mahesh moved to head marketing at iCat, an e-commerce firm in Seattle, which was subsequently acquired by Intel. Mahesh then returned to India to run Channel V, a rival to MTV, till its sale to Newscorp in 2000 and then founded Passionfund to invest in and guide startups. Some of his investees include Geodesic, Compassbox – merged into Careerlauncher, Cypherix, Indiaproperties and Webdunia. Mahesh penned a reasonably infamous column for India's leading business magazines, Business Today and Businessworld, and is playing the Donald Trump-equivalent role in an Indian rip-off of The Apprentice, involving entrepreneurs and business plans. While running search marketing campaigns for his favourite charity in late 2003, Mahesh believed there was need to solve some big issues around technology and business models - and set up Pinstorm with a bunch of great people to do so. His sole value-addition to the business these days is to decide what music plays in the hall around lunchtime.
Mr. Gopal Krishna has over 16 years of Entrepreneurial experience in the US and India. Prior to starting a new stealth mode venture focused on India and China, he was the Head of Indian Operations for Pipal Research Corporation, a Chicago-based high-end, custom business research and analytics company (an affiliate of ICICI OpenSource).
Gopal was the Founder, Chairman & CEO of thinkIndia.com, a venture backed Silicon Valley new media start-up that merged with Rediff.com.
Mr. Ranjit Shastri cofounded PSI, Inc., an Investment advisory firm incorporated in New York with an associated company in India. PSi has assisted with a wide range of international investors in India.Mr. Shastri serves on the boards of several companies, including that of Vicker's Systems India Ltd. A subsidiary of Eaton Corporation. He is also a member of the Indian Venture Capitalist Association.
NOSTALGIA 2007
The again IITD Alumni musical evening played out successfully at Seminar Hall, IIT Delhi on 11th February 2007 (Sunday) evening; thanks to enthusiastic participation and excellent management by the backstage team. The program started with the kiddies section followed by performances by the Alumni. Sudip Mukherjee launched the evening to a melodious start .
2. Ruby Reunion batch of 1966
The following alumni
got together for their RUBY (40TH) CLASS REUNION at the Inter Hostel P rize Distribution and Dinner:
got together for their RUBY (40TH) CLASS REUNION at the Inter Hostel P rize Distribution and Dinner: 1. P.K. Sen and his wife
2. Lalit Malhotra and his wife
3. J.W. Masand and his wife
4. Subhash Arora
5. Gurdeep Singh
6. Vinod Khurana and his wife
7. S.K. Bhatia and his wife
8. Vijay Malik and his wife9. Ramakant Gupta and his wife
10. K R Palta
11. Lalit Mehra and his wife
and caught up with happenings in their lives since leaving the IIT and especially since they last met.
It was a great beginning and they hope that they can continue to me et at each milestone as it comes along.
they missed
1. Randhir Kapur
2. I.S. Gill and
3. Megh Raj Aggarwal
who had not only confirmed that they would participate.
The IIT was gracious to include us in the dinner organised for the Pearl Reunion of the classes of 1970 and 1971. As a consequence all the money collected (Rs. 11,500) has been handed over to the IITD Alumni Association with the request that a cheque be issued in favour of the Pearl Endowment Fund.
Amongst the follow up actions decided upon are:
1) that we try and meet as frequently as possible. S.K. Bhatia will follow up
2) Considering that each subsequent batch will celebrate its Ruby Reunion simultaneous with another batch celebrating its Pearl Reunion, the IIT is requested, through the Dean of Alumni Affairs, to institutionalise the Ruby reunion.
3) In an effort to get as much contact information o n as many of their classmates as possible,
3. PEARL REUNION AT IIT DELHI
It was another occasion for the batches 1970 and 1971 to meet. The Pearl Reunion was held on 11-12 March 2007. It was a reunion after 35 years – for alumni who had passed out in the 1970-71. This was the second of its kind in IIT Delhi and was attended by approx. 100 alumni along with spouses.
It was an occasion marked by many events. A hilarious skit on life of a student at IIT was enacted by the students of the Dance and Dramatics Club. Presentations were made on “Growth of IIT Delhi” by the Director and “Fruitful Alumni Initiatives”
A Panel Discussion on “Future Vision and Alumni –Institute Interaction” in which Vision 2020 and the PanIIT movement were discussed was organized on 12th March. The Alumni then visited the Departments and interacted with the faculty and students. Finally at a feedback workshop the alumni complied a written feedback on suggestions for the Institute as well as how they could contribute to the growth of IIT Delhi.
The Alumni expressed their delight at being invited to visit the Institute and suggested that such reunions should be organized more often.
4. EDC
The Entrepreneurship Development Cell (EDC) is an initiative taken by IIT Delhi students to promote the concept of entrepreneurship on campus. A part of this promotion includes providing the required experience and knowledge for entrepreneurship.
The Alumni Association of IIT Delhi provides this very link between the enterprising amateurs and the experienced professionals. We strive to be an active interface between these young minds and your esteemed selves where business ventures will be born out of your participation in the cell activities
A business plan is like a map and a compass for a business. Without it you're travelling blind. With a plan you set objectives, establish priorities, and provide for cash flow.
The Entrepreneurship Development Cell, IITD in association with Deloitte & Touche, a leading global professional firm providing consultancy services presented a Business Plan making workshop to lead you through the steps of developing an effective business plan with the overall purpose to let you know the process of "thinking it through" before venturing into a business held on 12th March at 4.45 PM at Seminar Hall, IIT Delhi.
Representing D&T will be Mr.Atul Dhawan, Partner, Deloitte Haskins & Sells and Ms. Kalpana Jain, Director, Deloitte & Touche.
Atul is in charge of Deloitte's New Delhi office. He is the practice leader in India for Business Strategy, Restructuring and Outsourcing and is also the national coordinator for Deloitte's Emerging Markets Group in India. He has functional responsibility for the Management Consulting practice at New Delhi and has worked with multinational corporations, multilateral institutions, Indian companies in the private and public sector and Govt. agencies in various assignments.
Kalpana has over thirteen years of Industry and consultancy experience and currently manages the Corporate Finance practice of Deloitte in New Delhi, covering Northern India. Her work covers assisting clients in preparation of business plans for valuation, service licenses, funding and restructuring, carrying out techno-economic feasibility assessments for clients in a variety of Industry segments and many other roles and responsibilities.
_______________________________________________________________________________________
This workshop was featured Mr. Mahesh Murthy, a seasoned VC, Mr. Gopal Krishna, an entrepreneur, and Mr. Ranjit Shastri, an angel investor. Through this workshop, they intended to give you a comprehensive view on how to pitch your business plan to a funding organization, when is the right time, what cautions to consider, what are the exit options you could provide your investors, and a lot more - and that too, from three different perspectives!
That was followed by a small session wherein participants from the audience asked to present some of their ideas, and a quick evaluation of these would be done by our panelists, giving you a practical feel of the same. Do bring along ideas if you want a first reaction from the pros.
Regards,
Student Team,
Entrepreneurship Development Cell, IIT Delhi
--------------------------------------------
ABOUT THE SPEAKERS
Mahesh Murthy, founder and CEO of Pinstorm, has 20 years of marketing and communications experience – of which over 10 years are in online marketing. After dropping out of college, Mahesh sold vacuum cleaners from door to door and then found home in advertising with Grey in India and Ogilvy in Hong Kong, where he won international notoriety and awards as a creative director on HP, Microsoft, Unilever, The Economist, Pepsi and MTV - for whom he wrote and directed a spot voted "Asia's best commercial of the decade". He then moved to a Silicon Valley firm, CKS Partners (later, USWeb/ CKS) as Creative Director, General Manager and eventually, Partner – where he helped create and launch the first commercial version of Yahoo in 1995 and the "Earth's biggest bookstore" campaign for Amazon.com in 1997. After a successful NASDAQ IPO for CKS, Mahesh moved to head marketing at iCat, an e-commerce firm in Seattle, which was subsequently acquired by Intel. Mahesh then returned to India to run Channel V, a rival to MTV, till its sale to Newscorp in 2000 and then founded Passionfund to invest in and guide startups. Some of his investees include Geodesic, Compassbox – merged into Careerlauncher, Cypherix, Indiaproperties and Webdunia. Mahesh penned a reasonably infamous column for India's leading business magazines, Business Today and Businessworld, and is playing the Donald Trump-equivalent role in an Indian rip-off of The Apprentice, involving entrepreneurs and business plans. While running search marketing campaigns for his favourite charity in late 2003, Mahesh believed there was need to solve some big issues around technology and business models - and set up Pinstorm with a bunch of great people to do so. His sole value-addition to the business these days is to decide what music plays in the hall around lunchtime.
Mr. Gopal Krishna has over 16 years of Entrepreneurial experience in the US and India. Prior to starting a new stealth mode venture focused on India and China, he was the Head of Indian Operations for Pipal Research Corporation, a Chicago-based high-end, custom business research and analytics company (an affiliate of ICICI OpenSource).
Gopal was the Founder, Chairman & CEO of thinkIndia.com, a venture backed Silicon Valley new media start-up that merged with Rediff.com.
Mr. Ranjit Shastri cofounded PSI, Inc., an Investment advisory firm incorporated in New York with an associated company in India. PSi has assisted with a wide range of international investors in India.Mr. Shastri serves on the boards of several companies, including that of Vicker's Systems India Ltd. A subsidiary of Eaton Corporation. He is also a member of the Indian Venture Capitalist Association.
