India

I’m Baaaaaaaaack!

Actually, I’ve been back from India for a month but there has just been too much going on personally for me to devote time to blogging. It was a great trip and I met some very interesting people. I will probably be heading back out to India sometime in the next 4 to 6 weeks. India is growing incredibly fast and there is just an exorbitant amount of energy and excitement in the air (along with high amounts of pollution). The middle class is growing rapidly and they are spending lots of money. There are lots of opportunities all over the country in virtually every sector.

There is still an incredible amount of people living below the poverty line. According to the World Bank in 2000, 28% of the population was below the poverty line. This is a huge problem but it’s one that entrepreneurs, large businessess, and even the Indian Government are slowly tackling.

For any years, during my visits to India, people were always enamored with what life was like in New York, London, Los Angeles, and all parts of Europe and America. The dream of every young Indian was to leave India for greener pastures overseas. This is where the famous “brain-drain” of the 60’s, 70’s, 80’s and 90’s came from.

This is the first trip I made to India where the average person I met or spoke to wasn’t as interested in leaving for greener pastures. Indians are beginning to realize that the greener pastures are right under their feet. I was also fortunate enough to meet a few individuals who have willingly moved from the US to India. As Gaurav said on New Delhi Times a few weeks ago, the “R2I” or “Return-2-india” phenomenon is becoming increasingly common. However, I’m seeing the “M2I” or “Move-2-India” catching on quite a bit. Even I’ve been bitten by the bug ….

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Partner at 500 Startups, Founder Startup Weekend India, Co-founder Headstart Network, Founder Teknatus (Semblr and Mojowiz), Director of Sales at Cymtec, Director at GlobeOp Financial Services, Long-Term Capital Management (LTCM). Hedge fund refugee; startup junkie, failed entrepreneur.