Another graduate who refused the blandishments of the corporate world is Reapan Tikoo, co-founder of Powai Labs
Another graduate who refused the blandishments of the corporate world is Reapan Tikoo, co-founder of Powai Labs, a startup that builds simulation accelerators for the electronic design automation industry. Tikoo, who earned a master's degree in management from IIT, was offered a high-paying job as a production executive in the entertainment industry. He opted instead to convert the business plan he wrote for his degree into a real-life enterprise.
Powai Labs' Tikoo sums up the attitude of IIT Bombay's entrepreneurs when he says, "There was a time when India did exports through cheap labor, but that time has gone. You cannot build an Infosys today with any amount of capital. The next ten years will belong to technology R&D based product companies out of India ."
Tikoo adds that 20 years ago, the United States was the place to be for technological entrepreneurs. But now, he says, growth and investments are happening in India . "This is where the action is. It would be foolish to miss this opportunity by being out of India ."
http://www.technologyreview.com/articles/04/03/wo_hariharan032404.asp?p=2 |