Monday 19 May 2008
Organised by Asia-Pacific Technology Network
An entrepreneurial revolution is in progress in India. Fund raising, new business establishments, innovative business model experimentation across industries and opportunity seeking are at such levels that the "Poverty Rubicon" is being crossed in India because of the native ingenuity and talent of her entrepreneurial citizens.
Today’s 8 percent growth rate can soon become a 15 percent growth rate! With an effective market today of 350 million, soon to be 550 million and then 750 million, India is one of the world’s most significant drivers of growth. This will increase the demand for resources and will test the capabilities of India’s entrepreneurs, while being a magnet for global capital inflows to India.
This seminar will focus on the contours of the entrepreneurial revolution in India. Who are these entrepreneurs? What do they do? How can they be engaged in conversation and interaction? Sumit Majumdar will identify several important specificities such as sector importance and the nature of contemporary corporate financing in India. He will make suggestions about how to navigate the unique pathways and byways of India’s unique economic ecosystem
Sumit Majumdar is Professor of Technology Strategy at the University of Texas at Dallas and has a particular focus on strategy and management in the communications sector. Over the years his work has gravitated towards understanding the modern economic phenomenon that is India and he is now actively conducting a series of studies on Indian firms’ strategy, governance and performance. He is the founder of Indiamediary, an advisory and consulting organization uniquely dedicated to addressing the dynamics of investment and commercial relationships that India now has in place with countries across the world.
Prior to returning to the United States, he was Professor of Strategic Management at Imperial College, London. He holds two degrees from the University of Bombay, a PhD from the University of Minnesota and has also taught for several years at the University of Michigan. He is a widely published and cited scholar and has had equal experience in the practical sphere after qualifying as a Chartered Accountant in 1983 and working in London’s insurance market for several years.
His deep and detailed knowledge of the cultures of commerce and society straddles continents and his unique blend of both academic and pragmatic expertise, predicated by a detailed knowledge of how firms operate in India, the United Kingdom and the United States, obtained as a adviser, consultant and scholar, enables him to address practical concerns and articulate a set options that are at once acceptable to interested stakeholders in the West but also take into account the contemporary ground realities of India
In his role as Business Development Partner for Asia at Amadeus, Shantanu is deeply involved in supporting portfolio companies doing business in the region, providing business development resources throughout Asia. He is also involved in due diligence and developing strategic VC partnerships for Amadeus in the region. Shantanu brings to his work 17 years of broad international experience - in Europe as well as in Asia - where he worked for several years in Japan and in India. He joined Amadeus in 2001 from Monitor Co. in London. At Amadeus, his portfolio responsibilities include Power Paper (a deal that he co-led in 2003), Red-M and NanoMagnetics. Prior to Monitor, at SmithKline Beecham, Shantanu wrote the e-business strategy document for SmithKline’s International division. Before that, Shantanu spent several years in the Indian Foreign Service as a fast-track career diplomat, including a 4-year stint in Japan.A graduate in Computer Engineering from India, Shantanu is also a Charter Member of TiE. He holds an MBA from London Business School where he was a Chevening Scholar and is a frequent speaker & panellist at conferences on emerging opportunities in Asia.
Amadeus Capital Partners (www.amadeuscapital.com)
Amadeus invests venture capital in new technologies from offices in London and Cambridge, UK. Since its inception in 1997, Amadeus has backed 48 companies in the UK and continental Europe, covering computer hardware and software, mobile and fixed communications technologies and medical technologies. Investments include Cambridge Silicon Radio, producing single chip bluetooth radios for short range connections and floated on the London Stock Exchange in 2004, Optos, a manufacturer of laser retinal scanners and number one in 2003’s Tech Track 100, Cambridge Broadband, developing technologies for wireless broadband networks in countries with poor infrastructure and number one in 2004’s Tech Track 100, Valista, an electronic payments company, Solexa, developing ultra high speed gene sequencing machines and AePONA, a developer of standards-based software gateways for the telecoms industry. Successful realisations from the Amadeus portfolio include Entropic, bought by Microsoft and Element-14, bought by Broadcom Corporation.
Location: Chatham House, 10 St James' Square, London SW1Y 4LE
Timing: 5.30 - 7.30 pm.
Nearest Tube Stations: Piccadilly Circus, Green Park
Pricing: £40 + VAT (Executives) £20 + VAT (Asian citizens/institutions, officials, executives from Small Companies)£10 + VAT (Academics), Free for the Media.
To Register: please send your details (name, institutional affiliation, email address, phone number) to email@example.com
Contact: Louis Turner, 0790 5204 677