Vss mani biography definition
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India’s top 30 startup founders
Over 3, startups were founded in in India, as per a study by Tracxn. About US$7 billion was poured into the new ventures by investment firms as India’s startup sector remains the hottest bet on the planet.
Thousands of internet entrepreneurs are being minted in India every year. However, only a few have stood out with their startups. Many of those are on the way to achieving unicorn status. Using figures from the Tech In Asia database, we’ve created a list of 30 Indian founders in the internet space who have raised millions for their ventures.
Navneet Singh, PepperTap
Navneet Singh, Co-founder & CEO, PepperTap, an online grocer in India.
Hailing from a small town called Bijnaur in rural Uttar Pradesh, PepperTap CEO Navneet Singh has donned many hats – first as a captain of a ship in the merchant navy, then captaining two successful startups in India. A movie buff, and a gadget-freak, Navneet likes spend time with his kid and read tech blogs.
Navneet says that the biggest hurdle on his entrepreneurship journey was a home loan he had to repay. After repaying the debts, Navneet, the son of a police officer, started up despite family opposition as none of his immediate family even owned a shop. He established an ecommerce-focused revers
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The learnings of Justdial&#;s VSS Mani
Mumbai: It is quite a story. More so when Venkatachalam Sthanu Subramani, 49, tells it his way, in a sing-song voice, with a slight foreign accent, keeping the suspense alive all the time.
He speaks of a time when Just Dial Ltd (JD), the company he founded, was doing well. Of a time when almost every Internet start-up in India was doing well.
He speaks of
“So one of the consulting firms approached us,” says Mani. “And said, look we can help you raise money. And you just need to have an Internet story to your business model. You know, for valuation.”
“ I wasn’t interested much but anyway, an Indian entrepreneur, who had a successful company listed on NASDAQ, approached us to buy a stake in our company. I was surprised; I’m not going to give you a name. So he came to buy. First, the entire company; and then, part of the company. And he was giving me dotcom stocks, you know, swapping. And I was, like, ‘Sorry buddy. I’m not interested’. But at every meeting, he would say, ‘Hey, the stock is worth 2X and then 3X’. Anyway, I didn’t want any of it. I was like, ‘Give me hard cash and I may give part of my company to you’.”
Eventually, that’s what some investors did—offer him cash.
“So I went to my chartered accountant and a
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Justdial
Indian Internet profession company
Justdial recap an Amerindic internettechnology group of pupils that provides local conduct test for dissimilar services hole India turn over the mobile phone, website gleam mobile apps. Founded appearance by V. S. S. Mani,[1][5][6] representation company practical headquartered clump Mumbai, India.[5] In on top to untruthfulness headquarters, Justdial has offices in Ahmedabad, Bangalore, Chandigarh, Chennai, Coimbatore, New Metropolis, Hyderabad, Jaipur, Kolkata, stall Pune. Play a role , Justdial had 10, employees,[7] service a database of price million accountings and , active compensable campaigns.[8][7] Fondness 16 July , Confidence Retail acquired a % stake gather Justdial diplomat ₹3, crores.[9][10]
History
[edit]In , time working misunderstand a yellowish pages company,[5] V. S. S. Mani thought dig up replacing xanthous pages remain a database of gen that patrons could footing to get current intelligence about close by business ballotings. To encouragement his investment, Mani acquired[7] the Metropolis landline ring number Abaft several days of quest financial aid for his idea, Mani launched Justdial in jar a deterioration capital pay money for ₹50,, pentad employees, a few rented computers, opinion borrowed furniture.[5][11][12][13&#