Entrepreneurship Diary from IIMB Chapter 1: Ploughing a lonely furrow

G.Sabarinathan, PhD1, recalls the story of Asvini Kumar, an alumnus of PGP’81, from a time when there was no template for growing the kind of services business that his venture, Thinksoft, was, and believes entrepreneurship seems to have been always ingrained in the alumni and students of IIMB. On June 23rd, I wrote a brief post acknowledging a few unicorns that I knew of that have an IIMB connection.  Here is that post in case you are curious as to what I wrote.  https://www.linkedin.com/in/sabarinathan-g-7541a9175/recent-activity/shares/ My post on Open set me…

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RBI’s Tight Rope Walk Ram Iyer tries to trace the links between a recent series of monetary actions by various central banks and the impact on India’s own interests. The article draws parallels from earlier scenarios to identify measures for the RBI to ensure that inflation targets are met without scuttling growth and employment.

Given India’s dependence on oil imports and US recently over taking China as India’s largest trade partner, one can argue Indian currency has to almost operate in a fixed exchange rate regime with the dollar. With US inflation nearing 9% and measures to reduce money supply via rate hikes and quantitative tightening by the US Fed well-nigh certain a few looming questions present itself to the RBI. The government has decided to focus on capital expenditure with the FM stating it has a multiplier effect of 2.4.1 While it would…

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HyCube: Bringing innovative solutions in the automobile industry

HyCube Works, an ISO 9001:2015 and CE certified company, is a rapid prototyping and additive manufacturing start-up firm, that aims to deliver tested and refined products to its users. HyCube Works is involved in direct digital manufacturing solutions, sales and service of desktop and industrial-grade ALPI series of 3D printers and rapid prototyping services, with the goal of creating complex parts and handholding designers to validate designs and develop various parts for end-use applications. This Maruti Suzuki incubated start-up is Startup India and MSME registered. HyCube Works was set up…

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TRUE Assistive Technology: A step towards disability inclusion and empowerment

TRUE Assistive Technology is a start-up involved with developing assistive tech products which the founders say are of international standard for mobility that enable disability inclusion. They explain in detail, “We want to make quality and standardized products for India. We aim to emerge as leaders in Assistive Technology and contribute positively to the upliftment of the differently abled. The first solution TurnPlus, launched in 2017, is an award-winning, patent-pending, easy to install, swivel seat mechanism for cars, which addresses an important aspect of easy commute for the differently abled,…

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PGP alum Rohit Goel’s career trajectory: an inspiration for current students to design academic and career goals

Having joined Barclays Capital from campus, thereafter making a career switch to join the International Monetary Fund (IMF), Rohit Goel, an alumnus of IIM Bangalore’s two-year full time MBA: Post Graduate Programme in Management (PGP) 2010-2012 batch, has had an interesting and successful career trajectory, which makes him a role model for the current students of the institute. Rohit joined Barclays Capital India from campus, where he worked as a lead analyst doing stock market research. While a career in investment banking is common amongst the IIM alumni, Rohit’s next…

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A Snapshot of My Doctoral Journey A warm cohort, a supportive environment, inspiring faculty-mentors and a campus that proved to be a nourishing cocoon are the highlights of her years of doctoral study at IIMB, writes Anjana Karumathil

As Professor Haritha Saranga called out my name from the podium, on a summer evening in April, and as I stepped up to collect my doctorate, I was overwhelmed at how miraculous that moment seemed. Shining robes, wide smiles, rounds of applause, and bright camera lights. How blood, sweat and tears of the past five years had instantaneously morphed into this precious paper in my hands! How the miracle of technology made it possible for my loved ones to be part of the occasion from thousands of miles away (and…

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Junior batch wins the PGPEM Cup 2022 held on March 27 in a tug-of-war fight

31 March, 2022, Bengaluru: IIM Bangalore held the PGPEM Cup 2022 on March 27 (Sunday), 2022, at the institute’s Sports Complex, after a gap of two years. The event, organized annually by the students of the two-year weekend MBA programme of IIMB: Post Graduate Programme in Enterprise Management (PGPEM), is a battle of sports and games between the PGPEM senior and junior batches. This year’s event was organized by Kranthi Chennamsetty & Aniketh M Rao, the Sports Coordinators of the Senior & Junior batches respectively. The PGPEM Cup, reinitiated this…

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$10 Billion Forex Losses: Shock or Strategy The asymmetric nature of the shock to the US and Indian economy is playing to the RBI’s advantage, but some of the risks – particularly if investors decide to flock back to Chinese tech stocks – will truly test the RBI’s resolve, writes Ram Iyer.

The last two weeks have seen a sharp decrease of $10billion in India’s forex reserves. In ordinary circumstances this would have raised alarm bells of investors pulling out dollar deposits in search of better returns from the long anticipated and now confirmed first of a series of 25 basis points rate hikes by Jeremy Powell. Although this may well be true, the picture is incomplete without considering the impact of the Russia-Ukraine war on our coffers. With the reduced reserves the RBI has strengthened the rupee making our oil import…

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Onward Assist: The way forward for cancer diagnosis, treatment and outcome NSRCEL-incubated Onward Assist is a start-up aimed to build solutions that can help improve cancer treatment outcomes

Early diagnosis/prognosis of a cancer type is critical, but the clinician is expected to look at a huge volume of data. Imaging modalities like Pathology are complicated to report, and time-consuming. There are only 500 cancer pathologists in India, who have the skill to report on a biopsy slide and give an accurate report. But in India, there are about two million cancer patients being reported every year, leading to huge waiting times and sub-optimal outcomes. Moreover, the Founders say that interviewing oncologists made them realize that most diagnostic and…

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He who pays the piper calls the tune

Is it fair to cast on investors the responsibility that founders build well-governed enterprises, asks G.Sabarinathan1 Troubled startups and their financial benefactors are back in the news again for the wrong reason. We first had the issue of a founder who allegedly waxed a little too eloquent on a phone call with his banker.  Enquiry into the said founder seems to have expanded with a few arms of the government jumping into the fray, wanting to know more.  Yet another company’s fund raising efforts seems to have run into trouble…

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