and fi nally

Compiled by Priyanka Sangani

Edit & Desk : Dibeyendu Ganguly, Moinak Mitra, Priyanka Sangani, Dearton Thomas Hector and TV Mahalingam Design : Shubhra Dey, Sanjeev Raj Jain, Nitin Keer

:: wanderlust:: wanderlust

on the Amalfi Coast, Italy

Far-out destination: A remote island resort in Fiji, on my honeymoon, when there was no one else but us and the staff Indian Surprise: White water rafting in RishikeshBon Vivant moment: Rome. We partied till 5 am every day Outdoorsy Activity: Milford Sound Trek from Queenstown New Zealand. A brutal yet beautiful 52 km trek spread over three daysEmptied your pockets on: Clothes, bags and shoes in the US Panoramic Views: Serengeti, TanzaniaBest Drive: Nelson to Christchurch in the South Island of New ZealandGourmet Delights: Pizza, café lattes, gelato, wine and cheese across ItalyGourmet gaffes: Sea-food paella at a highly recommended and expensive Spanish restaurant. It turned out to be so salty that I could not eat more than a biteStreetfood surprises: Mie Goreng, BaliBest bar: W-Barcelona Roof Top Lounge BarBazaar Bargains: Floating Market, ThailandGoofy traveller moment: Seeing snow for the first time when I was 10 in Zurich. I was a reserved child who suddenly could not stop talking for 2 hours straight much to the amusement of my parents.Traveller Tips: Do not over plan your trip. Keep room for surprises, make last minute plans and spend days exploring on foot.Interesting Stranger: Two broth-ers in Bologna, who made us feel at home in Italy, took us out for an authentic Italian meal and intro-duced us to all the local hangouts in Bologna

Nirupa ShankarDirector, Brigade Hospitality Services

GRAPHICA

These women made it to the top of their game on their own

self-made women billionaires

5SARA BLAKELYThe founder of Spanx, the revolutionary innerwear brand mil-lions of women swear by, Blakely started the company writing her own patent since she was unwilling to pay the high lawyer fees. In 2012, at age 41, she was ranked the world’s youngest self-made female billionaire ever.

ZHANG YINHer current net worth of $5.6 billion comes entirely from Nine Dragons Paper Holdings, China’s largest producer of containerboard products. Starting the business entirely on her own, without any family wealth to fall back on, Yin is among the richest women in China today.

RUTH PARASOLRumour has it Parasol built her initial for-tune working her father’s phone-sex-chat business and then, internet porn before finally setting up partygaming.com, the par-ent company of online poker site, partypoker.com. Her networth of $ 1.8 billion makes her the 164th richest American.

FOLORUNSHO ALAKIJAThe richest woman in Nigeria, and possibly all of Africa, Alakija started out as a secretary before setting up her own tailoring com-pany. Today, The Rose of Sharon Group has interests in fashion, oil and printing. In 2013, Alakija beat Oprah Winfrey as the world’s richest black woman.

ZHANG XINAmong the first Chinese entrepreneurs to get into the commer-cial real estate busi-ness, Xin co-founded SOHO China with her husband in 1995. A regular on global Most Powerful Women lists, Xin has a following of over 8 million on Sina Weibo, the Chinese version of Twitter.

In the summer of 2012, I delivered a series of lectures on entrepreneurship at B-schools in the US. As I hopped from New York to New Haven to Chicago and

finally, the West Coast, I used my time to explore something which had long fasci-nated me. The idea of the company born on a campus.

The best known such story is Mark Zuckerberg, launching Facebook from his dormitory at Harvard University. But he is by no means the only one. I met a vari-ety of young entrepreneurs, in just about every kind of business. From Jose Caba of Columbia Business School, operating a photo-sharing platform (Olapic) to Yale graduate Zach Rotholz who designs and sells cardboard furniture.

I visited a variety of university-supported incubators, accelerators and co-working spaces. From ‘1871’, located in Chicago’s his-toric Merchandise Mart building to StartX at Stanford University where every young nerd hunched over a computer could, poten-tially, be the next Zuckerberg.

Well – all very good – but is this phenome-non of student start-ups unique to America? Or could it be take root in India? I decided to investigate. As I travelled to colleges across the country, to launch my books and give lectures on entrepreneurship, I made it my mission to identify and meet student entrepreneurs.

I found that entrepreneurship is thriv-ing on IIT campuses – in particular, IIT Kharagpur and IIT Bombay. But it’s not just an IIT phenomenon. Engineering college hostels are a fertile breeding ground for start-ups, more so in the internet age when a little knowledge of coding is all it takes to get into business.

Ankit Gupta and Neeraj Agarwal were third year students at BITS Pilani when

they launched a virtual Slambook which got 85,000 users and a buyout offer. They later started a second venture called YoCaptcha, with the novel idea of using captchas as an advertising platform.

Distance from helicopter parents makes all the difference. There is freedom to be, to think and to do what you really want to do. If you choose to do it. As a third year student of IIT Bombay, Prabhkiran Singh started a business selling flavoured lassi outside the main gate in Powai. His parents in Ludhiana were completely in the dark, until their son was covered by The Times of India. Initially,

they were outraged but later reasoned – kuch to seekhega (He will learn something).

Prabhkiran learnt more than he bar-gained for. The lassi business did pretty well for a few months and even attracted an inves-tor who wanted to set up ‘lassi bars’ across the country. But when monsoon hit Mumbai, sales plummeted. The business had to be closed down. The young sardar then teamed up with classmate Siddharth Munot to enter the t-shirt business. They opted out of place-ment and started operating from a flat in Powai which served as both home and office. Bewakoof.com now sells everything from

Indian Zuckerbergs

Distance from helicopter parents makes all the difference. There is freedom to be, to think and to do what you really want to do. If you choose to do it

Rashmi Bansal

boxer shorts to laptop covers, all aimed at the youth segment. In March 2014, Bewakoof reported revenues of ̀ 5 crore.

When you start a business as a student, you often think of it as a ‘project’. Something fun, something challenging. That’s how EshwarVikas and SudeepSabat of SRM Engineering College embarked on the ambi-tious task of building a an automatic dosa ma-chine. The fact that they had zero knowledge of mechanical parts actually worked in their favour. With boyish enthusiasm the young menwent to Parry’s – the market for indus-trial items in Chennai. By hanging around with shop owners, researching the internet and sheer trial and error, Eshwar and Sudeep were able to produce a crude working model and enter a business plan competition at NIT Trichy. The idea caught the fancy of the Indian Angel Network and the project be-came a purposeful venture.

Here are a few common threads in the student entrepreneur narrative:

Be a doer rather than a thinker. While oth-ers sat in the night canteen discussing their dreams, Rupesh Shah was in the IIT Bombay computer lab, building a working model.

Lack of money is not an excuse. Anurag Arora of ICFAI Business School Pune started a hostel for students of his own college with zero capital.

The campus itself provides many business opportunities. Aruj Garg of National Law School Bangalore set up a food outlet on campus called ‘Bhukkad’.

Business plan competitions are a launch pad.Prakash Mundhra of SCMHRD Pune partial-ly funded his business of puja kits through money he earned at B-plan contests.

Don’t blame it on your parents. Yes, Indian parents will always advise you to stick to a ‘good job’. But if you are convinced, you will be able to convince them.

My advice to parents who want their kids to ‘succeed’ in life – allow them to dream and to do. To try and to fail. To arise, awake and stop not till the goal is reached. CD

Rashmi Bansal is the author of six best-selling books on entrepreneurship. Her

new book ‘Arise Awake’ is on student entrepreneurs.

Campus startups are doing well all across the country. Here’s how they can do even better by Rashmi Bansal

FORM IV(See rule 8)

Statement about ownership and other particulars about newspaper Corporate Dossier to be published in the first issue every year after

the last day of February.

SHAREHOLDERS6. Names and addresses of individuals who own the newspaper and partners or share-holders holding more than one per cent of the total paid up capital as on 28.02.2015

I, R. Krishnamurthy, hereby declare that the particulars given above are true to the best of my knowledge and belief

sd/- R. Krishnamurthy

Date: 06.03.2015 Signature of Publisher

1. Place of Publication: The Times of India Bldg., Dr. Dadabhoy Naoroji Road, Mumbai – 400 001.

2. Periodicity of publication: Weekly

3. Printer’s name: Mr. R. Krishnamurthy for the Proprietors, Bennett, Coleman & Co. Ltd.

Nationality: Indian Address: The Times of India

Bldg., Dr. Dadabhoy Naoroji Road, Mumbai – 400 001.

4. Publisher’s name: Mr R. Krishnamurthy for the Proprietors, Bennett, Coleman & Co. Ltd.

Nationality: Indian Address: The Times of India

Bldg., Dr. Dadabhoy Naoroji Road, Mumbai - 400 001

5. Editor’s Name: TV Mahalingam Nationality: Indian Address: The Times of India

Bldg., Dr. Dadabhoy Naoroji Road, Mumbai - 400 001

a) Sanmati Properties Ltd., 10, Daryaganj, Ground Floor,

New Delhi – 110 002.

b) Bharat Nidhi Limited,

IInd floor, Express Building, 9-10 Bahadur Shah Zafar Marg, New Delhi – 110 002.

c) P.N.B. Finance & Industries Ltd, 10, Daryaganj, Ground Floor,

New Delhi – 110 002

d) Camac Commercial Co. Ltd., 1st floor, Express Building,

9-10, Bahadur Shah Zafar Marg, New Delhi –

110 002.

e) Arth Udyog Limited., 16 A, Lajpat Nagar-IV,

New Delhi – 110 024.

f) Jacaranda Corporate Services Limited,

10, Daryaganj, Ground Floor, New Delhi –

110 002

g) T. M. Investments Limited, 10, Daryaganj, Ground Floor, New Delhi – 110 002.

h) Ashoka Viniyoga Limited, 77A, Block-B, Greater Kailash-1, New Delhi-

110 048.

THIN

KST

OCK

Regn. No. MAHENG/2002/6295 Volume 14 Issue No. 11“Published for the proprietors, Bennett Coleman & Co. Ltd. by R. Krishnamurthyat The Times Of India Building, Dr. D.N.Road, Mumbai 400001 Tel. (022) 6635 3535, 2273 3535, Fax-(022) 2273 1144 and printed by him at The Times of India Suburban Press, Akurli Road,Western Express Highway, Kandivli (E), Mumbai 400101. Tel No: (022) 28872324, 28872930, Fax No (022) 28874230 Navi Mumbai - 400708 and Plot No 4, MIDC, Digha Village, Thane Belapur Road, Airoli Tel. (022) 27609700 and Editor: TV Mahalingam, (Responsible for the selection of news under PRB Act).

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04 Corporate Dossier March 06-12, 2015

Product: ETNEWMumbaiBS PubDate: 06-03-2015 Zone: CDMumbai Edition: 1 Page: CDMBP User: kailashk0106 Time: 02-27-2015 19:50 Color: CMYK