What Does It Take To Create An Ecosystem for IT Entrepreneurs in India?

By kamla bhatt • Jul 8th, 2008
Category: Bangalore, Business & Tech, Featured, Ideas, India, VC & Private Equity Funding

Paul Murphy, Director of Innovation, Microsoft IndiaWhat does it take to create an ecosystem for entrepreneurs in India? How is innovation and entrepreneurship being fostered in India? How do you create a robust ecosystem for the IT sector that just got a few tens of millions of dollars in investment in 2007? What are the challenges that the VC community within India faces when evaluating investment opportunities? These are some of the issues that Paul Murphy, Director of Innovation, Microsoft India, talks about in this interview.

IT tends to be high risk investments in India says Paul. In Part-2 of our conversation Paul peels back the layers and shows us how Microsoft is working with academia, policy makers and the investor community to create a viable and sustainable ecosystem for entrepreneurship and innovation in India. He is also working with cross-border investors and angel investors for investing in the Indian IT sector.

Paul thinks Microsoft India is probably the only company that is incubating startups and working with venture capitalist community in India. Microsoft India does not make any equity investment, but they help startups by providing software, marketing advice and access to the VC community.

Tune it to find out how Paul and his team are creating mechanisms and channels to foster entrepreneurship in India.

In case you missed, you might want to check out Part-1 of the interview with Paul.

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