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Vol. 1 Issue 3 - October 2007
In this Issue
Feedback
This is our modest attempt to bring together latest news, stories, features and articles related to Indian start-ups.
We strive to become ‘the preferred’ newsletter in the start-up sector. You are welcome to send us story ideas, articles, information, tips….. anything about Indian start-ups. We look forward to your feedback and suggestions that will help us to better our content and expand our reach.
Please write to us:
epublishing@chillibreeze.com
News Roundup
Mumbai based ‘Avendus Advisor’s has announced to start Institutional broking business from January 2008. It proposes to cover untracked sectors like internet, wireless, environment technologies and solar energy. Mr. Girish Nadkarni from IL&FS Investsmart has been brought in to manage the equity and capital markets portfolio at Avendus. This investment bank boutique was founded in 1999 by 3 investment bankers Ranu Vohra (pictured), Gaurav Deepak and Kaushal Kumar. Source: VCcircle.com.
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The Startups team
Madhulika is a Masters in Business Administration and a Graduate in Science. She has enjoyed a versatile career with start-ups, management consultancies and a venture capital firm. She believes in the philosophy of "work hard and enjoy harder".
Meera is a business analyst based in Bangalore. She describes herself as being on the fringes of the software industry. She is a keen observer of the business scene in India.
"Special thanks to Startups.in"
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Editorial
This October, we focus on the e-learning industry in India. The boom in the e-learning industry has been inevitable with wide usage of e-content gaining prominence and high rate of internet penetration. e-Learning is fast becoming an imperative tool for skill up-gradation and renewal of the corporate workforce. It enables them to compete on the global landscape. Our feature special takes a look at the e-learning wave. Further, focusing on the same segment, we profile ‘24x7 learning solutions,’ provider of customized e-learning solutions to corporates and institutions, as start-up of this month.
The start-up ‘Citipals.com’ joins the likes of Burrp, AskLaila.com. Ashish Baldua, shares his vision and future plans of his company - Citipals.com - and more…, in the section ‘Entrepreneur of the month’. Earlier, we have profiled ‘Anand Jain’ of ‘Burrp’ in the same segment.
In addition to our other regular sections, we have the usual news about new funds, acquisitions, buyouts, new start-ups, new global entrants…To sum it up India Inc. is maintaining its buoyant growth rate and favorable investment climate. On this happy note, we wish all our readers a festive Dusshera!!
The Chillibreeze Startups Team
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Deal Makers |
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Shyam Telelink, the telecom service provider in Rajasthan, has sold out a majority stake to the Russian telecom major - Sistema group. Shyam had been earlier hived off from the parent group – Shyam Telecom. Shyam has around 0.3 mn subscriber base and runs fixed line and wireless terminal access network using CDMA technology across Rajasthan state. Source: Business Standard.
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New Funds |
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Yes Bank Ltd., the private sector bank, plans to launch four private equity funds in the next three years. The bank proposes to raise capital for the following sector specific funds:
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Readworthy |
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Robert Bacal, CEO of Bacal & Associates, is a consultant, management trainer and international author on a number of business topics, ranging from customer service and performance management. The following article by Bacal discusses about employee performance management……
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Featured Product
An eBook - Day Trips: Weekend Getaway from Bangalore
Released August 2007 – Buy Now

14 interesting holiday experiences bundled in 60 pages taking you in and around Bangalore
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Feature Special |
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e-Learning is fast becoming the preferred mode of content delivery for corporate training. According to IDC forecasts, the e-learning market, which was about USD 7 bn. in 2004, is likely to witness an exponential growth and touch the USD 28 bn mark by 2008. The global market for corporate e-learning will grow nearly 30 percent compounded yearly over the next four years. The e-learning market in India is expected to grow at a rate of 17-18% annually. Today in India, Wipro, Satyam, Accenture, Convergys, ING Vysya Bank are some of the giants in the e-learning mode. According to a survey, 8 out of 10 Indian companies are actively looking at implementing e-learning solutions within their organizations.
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Our Startups Newsletter (this one) gives you a glimpse of how Chillibreeze can create a customized newsletter service for your company.
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Entrepreneur of the Month |
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Ashish Baldua, co-founder of Citipals.com, is our ‘Entrepreneur of the month’. Citipals.com, launched in 2007, is a web 2.0 networking site providing local lifestyle choices and recommendations……
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Opportunities |
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It has been announced by the Railway Ministry that the Indian Railways proposes to set up integrated logistics parks on the unused land along the major stations in the country. These parks will be offered to private sector for setting up facilities like warehouses, cold storages, banks and repair facilities. There are twenty such sites across the country which have been identified but not yet finalized. The railways will provide land and facilities like water and electricity to the proposed parks. Source: Business Standard.
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Company of the Month |
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Recognized with the ‘Red Herring Asia 100 award’, 24x7 Learning Solutions, a leading provider of customized e-learning solutions, is this issue’s ‘Company of the Month’.
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Useful Tips |
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Why should start-ups have internal control systems and procedures?
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