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Starting up at the age of 50, this entrepreneur is defying all myths around any age bar to start a startup

For Khushru Farrokh, founder of Taasha, delivering IT solutions is akin to an artist creating a new painting. It is always a unique and stimulating experience.

Khushru was on the road to getting a PhD in Chemistry before the technology bug bit him in the ‘90s. Since then, he has been a technology person. He says, ” Since childhood, I was a fiercely independent person. My father was a trade union leader in a bank. That gave me lessons in public speaking and leadership from a very young age. Running a business wasn’t easy for me, but I learnt on the job.”

The groundwork began in September 2016 when he quit his job, but Taasha was launched in the middle of November 2016.

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His experience while starting his own company at the age of 50

Khushru says, “Age is but a number. Many people told me that it was a bad age to take a risk and do something on my own. But with my background, I thought that it was the best age to do business. I had cultivated a great network. I had experience of working in all the areas of an IT services organisation. I am a regular guest faculty at some of the best colleges in India. I have also been delivering lectures at IIM-A.”

Khushru has been in the field of IT for more than 20 years. Over time, he realised that the IT industry was creating an aura around itself, an overly complex, superior air. A lot of jargon got created, and the end user was made to feel that the issue was a lot more complex than it actually was. So one of his reasons behind starting Taasha was to simplify such things.

He further adds, ” The name of the company was suggested by my wife, who is a language consultant. Taasha is a corrupted form of Nataasha, and it means birth.”

Core product

The services offered by Tasha include the following:

  • Software development and testing outsourcing.
  • Software process consulting.
  • Helping companies set up offshore development centres.
  • Startup mentoring.

Market size

Khushru thinks that outsourcing and process consulting are large markets globally, each more than a few hundred billion dollars. For software outsourcing, India is a prime location.

The company plans to enter functional verticals like media and entertainment, healthcare, education, and machine learning and data analytics. It is also planning to work in technologies like open-source.

Taasha is a six-member team today and is currently bootstrapping. Once it bags some good projects, the company would consider that the ideal time to go out looking for external funds.

 https://yourstory.com/2017/02/starting-up-age-50-entrepreneur-myths-around-age-bar-start-startup/
Start Up word on a dry erase board written as steps or a diagram on how to launch a new business including idea, research, business plan, funding, budget, staffing and launch

Start Up word on a dry erase board written as steps or a diagram on how to launch a new business including idea, research, business plan, funding, budget, staffing and launch

Introducing TiE SoCal Labs

Introducing TiE SoCal LabsWe are pleased to launch a new program called TiE SoCal Labs on 9th March.  This virtual incubator program is designed for “Hungry SoCal Entrepreneurs” who are eager to receive help from the TiE Global network. Nitin Rai from TiE Global Angels Alliance (TGAA) will be launching this amazing program. Mangesh Mahajan, Partner at WaterMark Venture Capital, will be the chair of this program. Well-known VCs, Angels and seasoned Entrepreneurs will be available to mentor these startup founders. An exclusive group of founders and their startups will be selected in the first year.

Our bold vision is to help aspiring entrepreneurs with the entire lifecycle of their company – from cradle to successful exit: ideation process (above), making a realistic business plan, finding co-founders, building proof-of-concept, finding beta customers, commercializing the products, creating go-to-market strategy, expanding sales and distribution channels, and above all, exploring various fund-raising options. We are going to put key people, processes and systems in place to make you successful!

TiE SoCal is going through a selection process for the first batch of startup companies to be admitted to this amazing incubator. We have already received a dozen or so applications, and our committee has decided to keep the invite open for a few more. Are you interested in applying for the TiE SoCal Labs? This is your chance to get in on the ground-floor!
Please Apply here

We are anticipating a Huge Turnout for the TiE SoCal Labs launch event (we’re hearing that this launch may include live pitches from the final round of applicants, live audience participation and selection (aka The Voice), and a few surprises… but we can’t give it all away).

Place: Real Office Centers at the Vine OC
5151 California Ave. Suite 100
Irvine, CA 92617

When: March 9 from 6 pm onward
What: Indian dinner will be served

Register Now

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Overview

Join the World’s Biggest Robotic Championship Event – TechnoXian 2017

Connecting 40 Million Youths 

5000+ Teams | 12+ Countries | 2100+ Institutes | 16 Competitions | Awards Worth INR 5.0 mn 

Age Group:

12 – 18 – High School
19 – 25 – College Grads
26 – 35 – Professional Group

 

VENUE: Indira Gandhi Indoor Stadium, New Delhi
DATE: 28 – 30 April

 

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Indians are some of the biggest, greatest and best entrepreneurs in the world. Their business acumen and passion for success has been recognized and lauded the world over. They have inspired millions to think big and doggedly pursue their dreams of making it big. Today, doing business across any vertical is wrought with stiff competition. We are seeing a whole new generation of entrepreneurs who are doing things differently through some innovation and identifying new business opportunities.

These New-age Entrepreneurs and visionaries are redefining the way business has been traditionally done. Through every new opportunity, we see individuals who are not only young but are also not averse to taking risks.

Continuing with Network18’s endeavor of promoting ‘entrepreneurship’ and ‘start-ups’ in India, ‘The Venture’, a joint initiative with DS Group, hunts for next big entrepreneurial idea that is yet to be conceived.

Why Apply:
  • Raise up to a maximum of INR 1 crore for 10% equity
  • Opportunity to pitch to a highly renowned group of Jury members
  • Service providers & experts to facilitate deal closure & documentation
  • Extensive mentoring by top industry leaders

 

www.theventure.co.in

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New York: Over 30 Indian-origin innovators, entrepreneurs and leaders have been featured in the 2017 edition of Forbes list of super achievers under the age of 30 who seek to break the status quo and transform the world.
The Forbes list has 30 game changers in 20 industries including healthcare, manufacturing, sports and finance.
The 600 in the list are “challenging the conventional wisdom and rewriting the rules for the next generation of entrepreneurs, entertainers, educators and more. They are passionate and formidable bunch, and for good reason. Their goal is nothing short of breaking the status quo and transforming the world.”
The group has over 30 men and women, who are of Indian-origin and are making a mark in their fields.
The list includes 27-year-old Vivek Kopparthi, cofounder of NeoLight that has developed a phototherapy device that is portable for use at home for jaundice.
The company is also working on a second tool to treat infant hypothermia.
Prarthna Desai, 27, left her Harvard graduate school program to use drones to get medication to people in the developing world.
In her operations role at the healthcare company Zipline, she is leading efforts to integrate the medicine- delivery-by-drone service with the healthcare system in Rwanda.
Shaun Patel, 28, is the orthopedic surgery chief resident at Harvard Medical School and has dozens of scientific publications in surgery journals.
His company, OrthoNinja, aims to streamline communication between doctors by creating a mobile app that allows doctors to consult with one another.
Rohan Suri, 17 is the founder of Averia Health Solutions and has developed an improved concussion test.
In the law and policy category is 27 year old Varun Sivaram, Acting Director: Energy Security and Climate Change in leading think tank Council on Foreign Relations.
Sivaram completed his PhD at Oxford University and is on the advisory boards for Stanford’s energy and environment institutes.
He is an adjunct professor at Georgetown University teaching “clean energy innovation” and previously, he advised Hillary Clinton’s campaign on energy policy.
In manufacturing and industry, Neha Gupta, 28, played a role in the sale of Beats by Dre to Apple.
She manages manufacturing and supply chain for DAQRI, which makes augmented reality headsets to improve safety and efficiency for industrial workers.
Featured in the social entrepreneurs category is Aditya Agarwalla, 23, Cofounder of Kisan Network, The Princeton University dropout co-founded the Kisan Network, which is an online marketplace for small-scale farmers in India.
In the sports category is Akshay Khanna, 29, Vice President of Strategy for American football team Philadelphia 76ers.
Among the top guns in the venture capital sector is Anarghya Vardhana, 28, who joined the firm Maveron after spending a year at Rothenberg Ventures, where she launched a virtual reality accelerator and sourced and made seed investments in a dozen startups in the virtual reality space.
Akshay Goyal, 28, is the Vice President of Starwood Capital.
The youngest vice president in Starwood’s history when he was promoted at the age 26, Goyal focuses on hotel acquisitions and has helped drive over $7 billion in deals.
Recently he helped sell a portfolio of 240 US hotels to China Life for $2 billion.
In the consumer technology sector is Ajay Yadav, 29, who is the founder of Roomi, a startup app that lets users find the right roommate to live with, chat with each other, search for listings, apply for an apartment and pay rent.
New York-based Roomi has raised $7 million to date.

http://indiatribune.com/2017/01/12/30-indian-origin-men-women-in-forbes-list-of-super-achievers/

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Soon after assuming office, Kerala (southern state of India) Chief Minister Pinarayi Vijayan kicked up a storm by publicly supporting the Athirappilly hydro electric project, which environmentalists said, if implemented, would create ecologic imbalance in the area and destroy the Athirappilly waterfalls, the largest natural waterfalls in the state.

It is not that the government is oblivious to the impact that the project could make, but it says it has no option but to leverage existing means to check the growing power crisis in Kerala, which partially depends on the private sector for electricity.

Things are no different in other states either. While Kerala has attained almost 100 per cent electrical coverage, many parts of India still remain in the dark. For a large portion of the Indian population, electricity to this day remains a distant dream.

Enter two siblings who want to make India’s energy crisis a thing of the past. The duo has developed a new solution they say will not even slightly impact the ecological balance.

Avant Garde Innovations, the startup founded by siblings Arun and Anoop George from Kerala, has come up with a low-cost wind turbine that can generate enough electricity to power an entire house for a lifetime. The size of a ceiling fan, this wind turbine can generate 5 kWh/kW per day — with just a one-time cost of US$750.

“Our goal is to eliminate energy poverty, reduce dependence on struggling state power grids and create energy self sufficiency for all the needy ones through distributed, localised and affordable renewable energy. In doing so, we believe we can collectively usher in our world a cleaner environment, new economic prosperity and social change,” reads the company ‘What We Do’ statement.

“Our first offering is a highly affordable small wind turbine suitable for residential, commercial, agricultural, village electrification and other uses, which is aimed for a market launch during 2016.”

Incorporated in 2015, Avant Garde claims to be a startup with a ‘green’ heart and soul.

For the startup, opportunity is massive. India is the world’s sixth largest energy consumer, accounting for 3.4 per cent of global energy consumption. Federal governments in India, and the central government for that matter, are unable to bear the huge infrastructural cost required to bring electricity to remote villages.

Erecting electric posts and electric lines require huge investments that could cost millions of dollars.

This is where Avant Garde comes into picture. “When small wind turbine generating 1kW energy costs INR 3-7 lakh (US$4,000-10,000), our company plans to sell it at less than NR 50,000 (about US$750). Costs will decrease further through mass production,” Arun said in an interview to The Times of India.

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The company launched its pilot project at a church in the capital city of Thiruvananthapuram in January this year. The small wind turbine prototype that it has developed is highly scalable for power capacities of 300 kW or even higher, Arun told e27.

“Our passionate aim is to introduce innovative, affordable and sustainable solutions that take renewable energy self sufficiency and energy empowerment to the next level through a distributed and decentralised approach using pioneering strategies the world has not witnessed yet,” the company says.

This revolutionary product has also won them a spot in the Top 20 Cleantech Innovations in India. The company has also made it to the list of 10 clean energy companies from India for the “UN Sustainable Energy For All” initiative under the one billion dollar clean energy investment opportunity directory.

According to the Global Wind Energy Council, the country ranks 4th in terms of global installed wind power capacity, after China, the US, and Germany.

Maybe, if Avant Garde Innovations takes off, Kerala can keep the Athirappilly waterfalls untouched.

https://e27.co/with-the-cost-of-an-iphone-you-can-now-buy-a-wind-turbine-that-can-bring-affordable-clean-energy-to-your-home-for-lifetime-20160606/


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