iNM Magazine Volume 7 | August 2015
Current Buzz
going to go bankrupt, but the dozen or so ideas that
emerge out of that are going to be really important.
Innovation is the real driver of progress,” he said. Mr. Bill
Gates has invested in a variety of companies like energy
storage startup, LightSail and sodium battery startup,
Aquion Energy. Although he is currently more interested
in bio science than in computer science, he also has some
investments in alternative energy.
looking at health, empowerment of women, access to
internet and new technologies...anything that looks like it
has a bearing on changing India I'm interested in.”
Commenting on his recent investment in Coimbatore
based electric-bikes maker Ampere Vehicle, Tata said it
deserved a little bit of support as "it is a move away from
Polluing the cities."He expressed hope in the ability of the
young entrepreneurs to take India to new heights.
"Country is poised to go into a new era of growth, which
unfortunately tapered off, in fact declined for a while. e
capability is there. It needs government impetus to
happen and I hope it happens", he said. He also went on to
state that he sees the future in young managers, the young
. It's what he saw in the United States in the 70s and
80s.
Recently, cricketer Yuvraj Singh has emerged as the
number one investor for start-ups in India. His
foundation has made more investments in Indian
companies than anyone else in 2015, with the 50 crores
rupees he has set aside.
Let us just remind ourselves of scene 1o years ago.
Entrepreneurship wasn't easy. In fact some of, the best
ideas were buried by people because of complexities
related to entrepreneurship. Today, Start-ups have just
changed the way the game is played. Students in colleges
are encouraged to be entrepreneurs. It's the return which
matters after all.
Mr. Nandan Nilekani, while speaking to the Economic
Times, stated - "I have an open-door policy for startups, so
I have a lot of people who come an YY]YK