MENLO PARK, Calif.
- Dec. 5, 2013
-- While tremendous interest in entrepreneurship in India continues to surge, there is a troubling and corresponding shortage of seed capital to help get these entrepreneurs’
ventures off the ground.
Sramana Mitra (http://www.sramanamitra.com/
bio/), one of the most highly regarded writers on the Indian startup scene, analyzes the current state of the startup eco-system in India in the latest addition to her acclaimed Entrepreneur Journeys
book series, Seed India: How To Navigate The Seed Capital Gap In India (http://www.amazon.com/
(December 2013; Amazon Kindle). Mitra proposes ways of navigating the rest of the decade, such that a robust pipeline of entrepreneurs can survive the current malaise, and thrive, while the eco-system develops and matures in parallel.
Sramana also discusses in detail several topics and concerns on the minds of most aspiring and practicing entrepreneurs in India: investors, VCs, moving to Silicon Valley, and bootstrapping. Outstanding case studies and role model interviews introduce heroes who have managed to overcome the odds, including:
-Phanindra Sama of redBus
-Sachin Bansal of Flipkart
-Jaspreet Singh of Druva
This low probability game of building a sustainable venture in India can be won. Optimistic, but pragmatic, Seed India (http://www.amazon.com/Seed-India-Navigate-Entrepreneur-Jo...
) shows how.
Sramana Mitra is the founder of One Million by One Million (http://1m1m.sramanamitra.com/
) (1M/1M), a global virtual incubator that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy (http://www.sramanamitra.com/
), and is author of the Entrepreneur Journeys (http://www.amazon.com/
book series and Vision India 2020 (http://www.amazon.com/
. From 2008 to 2010, Mitra was a columnist for Forbes. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma. Sramana has a master’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology.