Startups told to look beyond initial glitches and failures
The Hindu
Anand Govindaluri advises startups to embrace failures and focus on effective pitches for long-term success.
Founder and group CEO of Govin Holdings, a Singapore-based company specialising in pharmaceuticals, healthcare, edtech, and strategic investments, Anand Govindaluri, urged startups to prepare an effective pitch and look beyond the initial glitches and failures to script a success story.
Mr. Govindaluri, who has over two decades of active investment and management experience with 20 successful exits, including two unicorns, participated in the two-day boot camp on ‘Business planning and fund raising for startups’ organised by Sri Padmavati Mahila Viswa Vidyalayam (SPMVV) Technology Business Incubator (SSIIE-TBI) under the NIDHA accelerator programme, here on Monday.
Addressing the entrepreneurs representing more than 50 startups, he emphasised on clarity in problem definition, value proposition, market opportunities and financial projects, besides highlighting the importance of strategic partnerships, licensing opportunities. He called global filing and strong business planning as crucial interventions for scaling innovative ventures.
Dwelling on Business-to-Government-to-Consumer (B2G2C) model in India, he noted that collaboration with the government systems could significantly strengthen the startup ecosystem and accelerate market access. From an investor’s perspective, he also discussed the key success factors for technology startups, especially those in building sustainable biotech and med-tech companies.
SPMVV Vice-Chancellor V. Uma and Registrar R. Usha, who offered their support for the the conduct of the camp, also wished to see several entrepreneurs walk out of the portals of the campus.
Karnataka's state universities face serious issues, requiring long-term solutions, as corruption and caste-based problems worsen, says Minister Sudhakar.
Ramakrishna Mission's 'Visarjane' campaign in Mangaluru offers respectful disposal of old religious materials at six collection sites.
GHMC encourages property tax defaulters to take advantage of the OTS scheme before the financial year ends.
ED provisionally attaches assets worth ₹50.80 crore in the Salai Group case linked to alleged financial misconduct and secessionist activities.
The Left Front announces its first candidate list for 192 West Bengal Assembly seats, featuring veterans and emerging youth leaders.
Anand Govindaluri advises startups to embrace failures and focus on effective pitches for long-term success.
Secunderabad Cantonment residents demand action on mortgage rules, high property taxes, and delayed elections for better representation.
Union Minister Pemmasani honors Tamil Nadu's top rural postal staff for outstanding service and revenue achievements at a city event.
Stringent security measures implemented at Class X exam centres in Chittoor, Annamayya, and Sri Sathya Sai districts ensure smooth conduct.
Salem Collector mandates political parties to submit campaign applications 48 hours in advance for compliance with election rules.
Virudhunagar prohibits wall writings on private buildings; complaint hotline available 24/7 for election-related issues.
Karnataka's transgender coalition urges PM Modi to withdraw the Transgender Persons (Protection of Rights) Amendment Bill, citing risks to rights and self-identification.
Controversy erupts in Mysuru over proposed tonga stand near Town Hall, sparking heritage preservation concerns.