BUILDING_A_BILLION_DOLLAR_STARTUP

On 28^th June, 2016, students of GITAM Institute of Management had the benefit of listening to Mr. Anand Govindaluri, MD & CEO, GOVIN CAPITAL, Singapore. He is also a representative of Singapore Institute of Management (GE).

Prof P. Sheela, Principal, GITAM Institute of Management welcomed the gathering. Mr. Ananad Govindaluri explained in depth about the five start-up commandments which are: invest in people, clear business model, focus on building value and valuations will follow, cash is king, begin with the end in mind. He highlighted the value of friendship and said that friends are the true mentors in life after our parents. He spoke about the evolution of Singapore. He told that the investors look for, People: strong management team, Market: sustainable business models and good exit strategy, Technology. He also spoke about the key success factors for technical start-ups and said that having a vibrant ecosystem is very crucial. He also shared many of his life experiences with the students. He quoted one of the famous quotes of Leonardo Da Vinci, “Simplicity is the ultimate sophistication”.

Mr. Akula Mallikarjun, MD, Manuh Global Technologies and Mr. S. N Roy, ED, Manuh Global Technologies also addressed the gathering regarding the start-up ideas. Prof P. Sheela, Principal, GITAM Institute of Management proposed the vote of thanks. The session was very interactive. Large number of faculty and students of GITAM Institute of Management actively participated in the session.