Tie annual report

� Ashok Rao, Chairman of TiE Global at launch of

TiE Brussels Chapter

� Aneesh Chopra, America’s first CTO, was the keynote

speaker at TiEcon Silicon Valley 2010

� TiEQuest business competition provides value

to the most innovative startups

Mission

The mission of TiE is to promote entrepreneurship through mentoring,

networking and education

Vision

The vision of TiE is to be recognized as the global organization fostering

entrepreneurship

Goals

Dedicated to the virtuous cycle of wealth creation, and giving back to the

community, TiE endeavors to foster and nurture the next generation of

entrepreneurs. TiE aims at spurring economic growth and development

across the globe.

CONTENTS

2. Letter from TiE Global Chairman

3. Letter from TiE Global CEO

4. The TiE Network

5. Highlights of TiE Global

6. TiE Network Performance

7. Brand Ambassadors

8. A Tribute to C.K. Prahalad

10. Global Initiatives

12. Global Charter Member Retreat

14. Blockbuster Events

16. Success Stories

24. Chapter Highlights

34. TiE Chapter Directory

36. Photo Gallery

Chief Editor: Mohini Suchanti

Editorial: PK Agarwal, Bridgett Comer, Andrew Tjahyadi

Copyright© TiE Inc. All rights reserved. “The publisher assumes no responsibility for unsolicited manuscripts, photographs or

illustrations. Views and opinions expressed are not necessarily of TiE and accordingly, no liability is assumed by the publisher

thereof.” For private circulation only. Printed in the USA.

ANNUAL REPORT 2010-11 1

2 ANNUAL REPORT 2010-11

Dear friends & colleagues,

The spirit of entrepreneurship, and the “can do” attitude that entrepreneurs are genetically endowed with, have repeatedly seen our

planet through tough times, such as the recession and global financial meltdown we just survived. When the world is in trouble, it

is the Entrepreneur who comes to the rescue. This has been the indisputable case throughout modern history, right from the

Industrial Revolution in the 19th century, where inventors such as Thomas Edison, Alexander Graham Bell, the Wright Brothers,

John D Rockefeller, Henry Ford, Cyrus McCormick, and the Wright Brothers, ignited economic growth. In the 20th century, another

renaissance led by entrepreneurs like Sam Walton, Bill Gates, Steve Jobs, Herb Kelleher, Andy Grove and Ted Turner transformed our

economy and quality of life. Today, entrepreneurs like Sergey Brin, Tony Hsieh and Mark Zuckerberg, are implementing game

changing ideas and transforming the way we live and work. And entrepreneurship is precisely what TiE is all about.

TiE is all about fostering, encouraging and promoting entrepreneurship all across the globe. TiE was founded in 1992 by a group of

successful Indo-American entrepreneurs in Silicon Valley. They had conquered stereotypes, broken glass ceilings, and forged

successful companies, thereby blazing a trail for the rest of their diaspora. These visionary individuals came together to encourage,

help and give back to aspiring entrepreneurs, irrespective of their country of origin. To them we owe a great debt of gratitude. From

those humble beginnings of a few “Indian Givers”, TiE has grown into the world’s largest organization of entrepreneurs with over

13,000 members spread across 56 Chapters in 13 countries and 5 continents, across the world.

The range of successful TiE programs literally spans the globe including the pan-India TiE Entrepreneurial Summits, TiECons in

several TiE Chapters, the TiE Young Entrepreneurs Program that teaches young minds the essentials of business and entrepreneurship,

and the popular TiEQuest business plan competition where startups are recognized and offered tangible assistance, in kind and in

value. Additionally, The Kauffman Foundation, Microsoft and Symsoft Solutions - our global sponsors – are a constant source of

support and ideas for developing TiE.

On a more somber note, our founder, leading light and stalwart extraordinaire, Prof. C.K. Prahalad passed away most unexpectedly

last year. Acknowledged as the foremost business thought leader in the world, his passing was a devastating loss to TiE as well as

to the business community at large. We will miss him immensely for the vision and guidance he provided us. His contributions to

TiE are truly timeless, and we will attempt to stand by his words, deeds, and ideals. He continues to guide us in spirit.

I look forward to working with our new CEO P.K. Agarwal and our newly elected Board of Trustees in continuing to establish TiE as

the world’s premier organization for the promotion of entrepreneurship.

Sincerely

Ashok Rao

Chairman, TiE Global

LETTER FROM THE CHAIRMAN

Ashok Rao, Chairman


Dear Friends,

Our global family continues to grow. We added three new chapters in the last 12 months. In 2010, as the global economy made its

way out of the great recession, TiE’s growth profile mirrored that of the economy at large. The Chapters in advanced economies

showed flat or moderate growth while the Chapters in emerging economies showed greater momentum. With growth comes

complexity of governance. I am pleased to report that our Trustees have shown exceptional energy and foresight in dealing

decisively with many of the governance issues that we had accumulated over the past few years. With these issues behind us, we

refocus our energy on the core business of fostering entrepreneurship globally.

Our brand is strong and getting stronger. We have a number of new Chapters in the pipeline. However, the business of entrepreneurship

is changing. What used to be the sole purview of the non-profit sector is seeing significant involvement of the private sector and

governments. Startup America, and more recently Startup Britain are examples of governments recognizing the critical need for

entrepreneurship as an engine for job creation.

It is also interesting to note that TiE Chapters are expanding into areas outside its historic core of IT. A number of TiE Chapters are

now focusing on entrepreneurship in Cleantech and Biotech, with newer Chapters like Coimbatore bringing strong manufacturing

prowess in the mix. Our global family is becoming very diverse.

Our Global Programs are doing very well. The Youth Entrepreneur Program has expanded to nine Chapters. The business venture

competition originating from Toronto is now in three Chapters. We are also in the process of revamping the TiE Global System. The

new architecture will pave the way for greater collaboration and more effective way of managing and sharing content across the

TiE universe. We will make inroads in one of the most critical needs of our members – and be able to offer greater global identity

and connections.

On a somber note, the loss of our visionary C.K. Prahalad in 2010 has been a difficult one. But he lives in our hearts as we strive to

achieve his vision and aspirations.

We are fortunate to have Kauffman Foundation, Microsoft, and Symsoft Solutions as our global sponsors. They not only provide

much needed resources, but also the thought leadership to stay focused on the ever changing business of entrepreneurship.

As I complete my first year in this role, I feel privileged to be working with such a unique and dynamic group of individuals. I look

forward to serving you and the success of TiE.

PK Agarwal

Chief Executive Officer, TiE Global

LETTER FROM THE CEO

PK Agarwal, Chief Executive Officer


Since its inception in 1992 in Silicon Valley, USA, TiE has emerged as the world’s largest not-for-profit organization promoting

entrepreneurship. Currently, the TiE Network is in 56 locations across 13 countries. TiE’s mission to foster entrepreneurship globally

through mentoring, networking, and education has found strong acceptance across the globe as essential pre-requisite for economic

development. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and

nurturing the next generation of entrepreneurs.

Its network of 10,500 members and 2,500 charter members constitute some of the top notch entrepreneurs and professionals along

with high profile VCs, private equity, angels, law firms and thought leaders, who shape the global entrepreneurial ecosystem.

TiE Members are generally entrepreneurs or aspiring entrepreneurs and business professionals with an interest in networking

with mentors and industry veterans, gaining knowledge about their industry and learning from the stories of successful entrepreneurs

and businessmen.

TiE Charter Members are members by invitation only. They are successful entrepreneurs, venture capitalists, corporate executives

and senior professionals who have reached a stage in their lives where they are ready, willing and able to give back to the

community and assist their fellow members.

TiE Inc. also known as TiE Global was created in 2002 to provide a unified voice for the entire TiE Network. TiE Global and the Board of Directors

governing the body, provide an umbrella framework within which all Chapters operate and flourish.

Role of TiE Global

THE TiE NETWORK

Global Presence

UNITED STATES

Arizona

Atlanta

Austin

Boston

Carolinas

Chicago

Dallas

Denver

Detroit

Florida

Houston

Los Angeles

Minneapolis

New Jersey

New York

Ohio

Oregon

Pittsburgh

San Diego

Seattle

Silicon Valley

Washington DC

CANADA

Ottawa

Toronto

Vancouver

INDIA

Ahmedabad

Bangalore

Bihar

Chandigarh

Chennai

Coimbatore

Delhi

Hubli

Hyderabad

Kerala

Kolkata

Mumbai

Nagpur

Orissa

Pune

Rajasthan

Uttar Pradesh

PAKISTAN

Islamabad

Karachi

Lahore

MAURITIUS

UAE

Dubai

SINGAPORE

MALAYSIA

Kuala Lumpur

BELGIUM

Brussels

SWEDEN

Stockholm

UNITED KINGDOM

London

Manchester

AUSTRALIA

Melbourne

Sydney

JAPAN

Tokyo


HIGHLIGHTS OF TiE GLOBAL

� TiE members are attributed to be responsible for over $200 billion worth of wealth creation.

� TiE Brand Ambassadors: include serial entrepreneurs, business leaders and angel investors - Vinod Khosla, Desh Deshpande,

Victor Menezes, Kanwal Rekhi, Narayana Murthy

� TiE has created an array of Engaging programs focused on mentoring, motivating, networking and educating.

� TiE chapters host several Major Conferences such as TiEcon Silicon Valley, TiEcon East Boston, TiEQuest Toronto, TiE Asia

Pacific in Malaysia and TiE Summit in India which attract thousands of attendees from around the world. These innovative

programs and events energize and inspire new entrepreneurs.

� In 2010, TiE hosted conferences featuring inspirational speakers such as Linked-in founder Reid Hoffman, Aneesh Chopra,

Vivek Kundra, former California CTO P.K. Agarwal, Professors Vivek Wadhwa and Marshall Goldsmith, mobile phone inventor

Marty Cooper, Economist and columnist Gurcharan Das, Carlyle Ventures founder David Rubenstein, Bessemer Venture partner

Sridhar Iyengar, spiritual guru Dr. Deepak Chopra, philanthropists Philip Wollen, Michael Coles and Gus Whalen, Nobel Prize

laureate Amartya Sen, Fortis Healthcare MD Shivinder Singh, among others.

� TiE offers specialized sessions on Focused Industry Clusters: TiE members come from diverse sectors including information

technology, real estate, financial services, life sciences, telecom, entertainment, education, medicine, law and venture capital.

� There are over 250 Active Mentors in the TiE Network, and they have assisted hundreds of start-ups over the last few years.

There are also a variety of Group mentoring and education sessions which assist entrepreneurs.

� TiE believes that entrepreneurship can be cultivated in our youth. The TiE Young Entrepreneurs program actively works with

young students to teach them the basics of setting up a business The TYE today takes place in 3 continents of USA, UK and India.

� Entrepreneurial Awards: Several Chapters have instituted Entrepreneurial Awards to celebrate and acknowledge start-ups

and budding entrepreneurs in their local region.

� In 2010, The Silicon Valley Chapter set up the “TiE 50” program and invested $5.35 billion for 50 most enterprising start-ups.

Nearly 4000 companies from 57 countries were nominated. Among the winners, 8 startups were acquired or went public.

� Several Chapters have business plan competitions and angel funding

forums, which contribute significantly towards bringing talented

entrepreneurs to the fore. TiEQuest business venture competition,

held in Toronto bridges the gap between up-and-coming business people

and the investment industry. Over 200 entrepreneurs took part in TiEQuest

2010 from across 29 different cities all over North America. The winners

of the competition received an “Expression of Interest” for investment

from sponsors, as well as benefited from mentoring from accomplished

CMs in the Network.

You shouldn’t focus on why you can’t do something,which is what most people do. You should focus onwhy perhaps you can. - Steve Case, Co-founder & formerChairman, AOL

”“

TiE50, TiE Silicon Valley recognizes

entrepreneurs outperforming in their field

Deepak Chopra - an inspirational speaker

at TiE events

TiEQuest, a successful business competition that

gives traction to promising startups


TiE NETWORK PERFORMANCE

THE GROWTH OF TIE : A GRAPHICAL REPRESENTATION

From three Chapters in 1997, our organization has come a long way; and today, we are proud to say that TiE has 56 Chapters spread

across five continents. For the past couple of years, the number of influential and successful business leaders has climbed to over

2,500 active charter members, and we now have over 10,500 members, professionals eager to network and learn from a community

of entrepreneurs.

The core community of TiE members and charter members come from a wide variety of industries, and are able to interact and derive

a lot of benefit from common interests and learn about different trends and upcoming industry sectors. During the year, TiE Chapters

organized nearly 1,350 events around the globe, in engaging formats and learning platforms.

TiE Chapters and the TiE Global organization have consistently delivered value for their sponsors. By adding new Chapters in both

developing and developed countries, we have spread the message of entrepreneurship and mentoring far and wide. Our brand

ambassadors and TiE champions have also contributed to our success in a multitude of ways. Our partners and sponsors include

Microsoft, Google, HP, IBM, Qualcomm, HSBC, Citibank, KPMG, Silicon Valley Bank, Bessemer Venture Partners, The Kauffman Foundation,

Boston University, Babson School of Management, London Business School, among others – who are leaders in their field and

enthusiastic participants in our mutual development.

TiE EventsThere were around 1350 events held across the TiE Network

Domain ExpertiseArea of Expertise of TiE Members & Charter Members

Membership DiversityTiE members come from varied sectors, predominantly IT, finance, privateequity and legal services

TiE MembershipTiE has 13,000 members & charter members

Profile of TiE Charter MembersOver 90% of our TiE Charter Members are in top management


TiE Brand Ambassadors are distinguished members of TiE, also known as Global Charter Members (GCMs). They are an elite group

of renowned and eminent personalities. Many of our GCMs are serial entrepreneurs, angel investors, visionaries and successful

managers of large corporations. Our 16 TiE Brand Ambassadors personify the motives and mission of TiE, which is to foster

entrepreneurship as a means to further economic development. Our Brand Ambassadors inspire our constituency of members and

serve as a reservoir of talent and knowledge. Many of our GCMs are active torchbearers for TiE and are closely knit with the TiE

community.

BRAND AMBASSADORS

Hussain DawoodChairman, Dawood Group, one ofPakistan’s leading holding companies

Aditya MittalCFO, ArcelorMittal,world’s largest steel firm

Apurv BagriMD, Metdist Group,one of Europe’s biggestfinancial conglomerates

Kanwal RekhiMD, Inventus Capital Partners;Serial entrepreneur & angel investor

Syed Babar AliAdvisor, Packages Ltd, Pakistan’slargest paper company

Shiv NadarChairman, HCLTechnologies,leading IT service provider

Narayana MurthyFounder & chief mentor,Infosys Technologies,leading IT service provider

Vinod KhoslaFounder, Khosla Ventures;Co-founder, SunMicrosystems

Sanjiv AhujaChairman & CEO, Augere;Former CEO, Orange S.A

Victor MenezesSr. Advisor, New Silk Route Partners;Former Sr. Vice Chairman, Citigroup

M.S. Vindi BangaPresident - Foods,Home & Personal Care, Unilever

Desh DeshpandeChairman, Sycamore Networks;Serial entrepreneur & angel investor

Arun SarinFormer CEO,Vodafone Group Plc.

Kiran Mazumdar-ShawChairman & MD, Biocon Ltd,India's first biotech enterprise

Anand MahindraVice Chairman & MD,Mahindra & Mahindra,one of India’s largest companies

In memory of

C.K. PrahaladProfessor, University of Michigan;Top management thinker & author


A TRIBUTE TO CK PRAHALAD

Coimbatore Krishnarao Prahalad, also known as

CK Prahalad is famous as the father of the concepts of

core competency and the fortune at the bottom of the

pyramid. Born in Chennai in the Indian state of Tamil

Nadu in 1941, Mr. Prahalad was one of nine children of a

Sanskrit scholar and judge. He joined Union Carbide in

1960 soon after completing his bachelor’s in Physics from

Loyola College in Madras. He then did his post graduation

at the Indian Institute of Management in Ahmedabad,

completing his studies there in 1966, and went on to do a

PhD on multinational management at the Harvard

Business School in 1972.

Mr. Prahalad’s theory is believed to have affected many

Indian and developing world retail outlets, for instance

driving consumer-goods companies like Godrej and

Hindustan Lever to come up with small-sized sachets of

products like shampoo that could be sold as individual

portions.

Prahalad was the distinguished University Professor of

Strategy, the University of Michigan’s Ross School of

Business. He ranked amongst the top ten management

thinkers in every major survey for over ten years. Business

Week said of him: “a brilliant teacher at the University of

Michigan, he may well be the most influential thinker on

business strategy today.” He was a member of the Blue

Ribbon Commission of the United Nations on Private Sector

and Development. In 2009, the government of India

conferred upon him the Padma Bhushan, one of India’s

highest civilian awards.

“I join all of you in remembering Dr. C. K. Prahalad and celebrating a life lived to the full, meaningfully, wisely and in the service of the

people at large. Some people leave behind wealth, others leave behind some remnants of power, and some leave behind the passionate

energy of their ideas that continually stimulate those whose lives they touch. C.K. Prahalad belonged to this third category.” …He taught

business to include those presently not in the market, and create new markets out of them.

Many companies have profited by putting these ideas into actual practice. His contributions in management like ‘competitive advantage’,

strategy as stretch’, fortune at the bottom of the pyramid’ and ‘co-creation’ will all continue to excite his students and colleagues to

walk those roads.

In his passing away, our country has lost a very noble worthy son continuously engaged in extending its freedoms. The world has lost

a great thought leader and the field of management, one of its visionary intellectuals. If his associates miss him so much I can only

imagine the extent of the loss felt by his wife, by his children and by his friends.

I join all of you in extending our condolences to his family. Once again, let us celebrate this tremendous innovative individual who made

India proud.” - Indian Prime Minister Manmohan Singh at the memorial service for late CK Prahalad.

“I have always thought that Prahalad was one of the most fascinating business thinkers of the 20th century, rivaling Peter Drucker in his

wisdom. Much of what Prahalad wrote about executives was applicable to all of us. For example, this quote by CK Prahalad, ‘We are

constrained not by our resources, but by our imagination’ is just as true when applied to all of us.” - Dan Erwin, executive coach.

A Tribute to C.K. Prahalad

(August 8, 1941 – April 16, 2010)


A TRIBUTE TO C.K. PRAHALAD

Glimpses of Late C.K. Prahalad at TiE Events

Shaukat Aziz and CK Prahalad

at TiEcon Silicon Valley 2008

CK with Nandan Nilekani and GN Bajpai

at TiELinks 2008 in Bangalore

Suren Dutia, Apurv Bagri, Shaukat Aziz and CK Prahalad

CK Prahalad and

Desh Deshpande giving

awards to exemplary

TiE Chapters

CK with Anil Khatod, Apurv Bagri,

Victor Menezes, Nish Kotecha and

others

CK Prahalad inspiring the next generation

of TiE charter members

CK at the San Antonio CM Retreat, 2008

CK Prahalad with

Vindi Banga and

others

CK with Vindi Banga and Victor Menezes


GLOBAL INITIATIVES

TiE Global introduced many new initiatives over the year, to share innovative programming and knowledge across the TiE ecosystem.

TiE Global partnered with leading Chapters, to support proliferation of impactful programs such as innovation competition (TiEQuest)

as well as entrepreneurial course and business plan competition for young students (TiE Young Entrepreneurs). We are grateful to

our Global sponsors - Kauffman Foundation, Microsoft Corporation and Symsoft Solutions who have assisted us in several ways to further

TiE’s impact.

Launch of New ChaptersTiE Global successfully inducted TiE Coimbatore, TiE Bhubaneshwar and

TiE Brussels as part of the ecosystem. A rigorous process during Chapter

formation ensures strong membership base and support in the

community, required to sustain the Chapter locally.

New TiE WebsiteIn today’s digital world, an organization’s website is its front face to the

world. With inputs from PK Agarwal, TiE CEO and former CTO of the State

of California, and Chapter management, we were ready to revamp TiE’s

integrated IT platform that connects our ecosystem. For this project,

our requirement was to identify a complete end-to-end solutions

provider, who would be able to develop a customized platform. SymSoft

Solutions was selected as our IT partner. Symsoft has deep experience

in Content Management Solutions (CMS), and custom application

development, giving an impetus to our business needs. In exchange

for their services, Symsoft Solutions has been inducted as a new TiE

Global Sponsor.

The new website has been very well received and appreciated by all Chapters. The refreshed look reflects a dynamic brand and an

Entrepreneur’s go-to site. The plan is to migrate all the Chapter sites by middle of the year. Some of the highlights of the website are

as follows:

• “Entrepreneur’s Corner” for the benefit of aspiring

entrepreneurs and established professionals

• “Our Network” showcases TiE’s worldwide presence, and

highlights our esteemed Speakers, Mentors and Brand

Ambassadors

• “Media Library” displays a huge archive of good videos

and photographs

• Powerful Search functionality acts as an “Online member

directory” and can search text, images and multi-media

• Intrinsic Search engine optimization features

• Streamlined look reinforces branding

• Flexibility for all chapters to manage their own content

• Highlight Assets and significant content

Photo of the TiE Coimbatore Launch in “The Hindu”

Amazing Work. Kudos!!! You made it happen.You did a phenomenal job accommodating the manymany unique challenges & customization requests,and providing newer tools too. You have given TiEa much needed “new facelift” in today’s online andglobalised era. Thank you so much. Can’t wait toflaunt the new Austin website.– Binitha Surendran, TiE Austin

“”


GLOBAL INITIATIVES

Social NetworkingThe new homepage highlights social networking tools, and several TiE Chapters

have been able to successfully use new media tools for networking and collaborating

amongst TiE members. TiE Global manages a LinkedIn Group for “TiE Presidents”

(over 100 current and past Presidents) and “TiE Executive Directors” (over 50 EDs), a

platform to achieve greater collaboration, share best practices, discuss new ideas,

and also promote TiE Chapter events.

Speaker’s ForumTiE Global has facilitated the much-awaited - “Speakers Forum”, a platform where

Chapters can share and seek “Speakers”. The new “Speakers Forum” features

prominent personalities who have the power to inspire and educate. It is a platform

whereby all TiE Chapters in the Network can collaboratively share their

relationships, and deliver power and meaning to the project.

TiEQuestTiEQuest, is a business plan competition for startups initiated by TiE Toronto. It has

been broadened into a Global program under the leadership of Suresh Madan, TiE

Toronto President. A business competition is an excellent way for new ventures to

get noticed by top VCs in the community, as well as for receiving guidance from

mentors. With incredible support from sponsors, VCs, esteemed judges and mentors;

all TiEQuest participants come out winners. TiE Chapters in Ohio and Detroit have also

implemented this impressive program.

TiE Spotlight‘TiE Spotlight’ is our newest Global program - a series of live webcast

sessions featuring thought leaders, TiE stalwarts and prominent guest

speakers. The online showcase provides an opportunity to share

knowledge and learnings to the worldwide TiE audience and build

a sense of community within the TiE Network.

TiE Young EntrepreneursTiE Global instituted a global program designed for young students

last year. The TiE Young Entrepreneurs (TYE) Initiative helps high

school children gain confidence to lead a team, develop business

acumen, improve communication skills and discover the

challenges and rewards of becoming an entrepreneur. The program

is operational at nine Chapters in the TiE Network - Carolinas, Seattle,

Austin, Boston, Atlanta, UK, Rajasthan, Delhi and San Diego.

Daniel Castro, (attorney, Castro & Baker, LLP) who taught the business

law session of the TYE Program in Austin says, “TYE is the first

program I have heard of that teaches student to create a business plan

and address needs of society, rather than simply teaching them to

write a resume, and guiding them to work for someone else. The

students who graduate from this program will be light years ahead

of their peers upon graduation from high school and college.

I tip my hat the founders of this organization. I am thrilled to be a

part of it”.

Speaker’s Forum - Gurcharan Das is a prominent

speaker who has graced several TiE events

TYE Program - UK Chapter's winning team with Co-President Stuart Nicol

and Chairman Nish Kotecha

TiE Spotlight on Kanwal Rekhi, a brand ambassador of TiE

Imparting education not only enlightens the receiver,

but also broadens the giver.

– Amartya Sen, Economist & Nobel Prize Winner“”


GLOBAL CHARTER MEMBER RETREAT

Historical & Glamorous Location

Time with Family & Friends

TiE Global Charter Member Retreat 2010

Our tradition of connecting top Charter Members at the annual TiE Global CM Retreat continued in style at the historic Hotel Del

Coronado, San Diego from December 16-19, 2010. It was a memorable event with close to 100 Charter members, networking with

friends and families. High profile speakers of the business sessions included Deepak Chopra, Marty Cooper, Marshall Goldsmith and

Rahul Bose. Kanwal Rekhi, Desh Deshpande, Dr. Khalid Chowdhry, Arjun Malhotra, Ashok Rao, Vish Mishra were among the TiE leaders

and founders in attendance at the event. Loads of fun-filled beach games, oceanfront golf, a visit to the Balboa Park and San Diego

Zoo, added the element of fun and togetherness to the event. CMs and their families enjoyed dinner aboard the beautiful California

Spirit cruise liner viewing the magnificent San Diego skyline.



GLOBAL CHARTER MEMBER RETREAT

Forging new friendships & business relations

Beach Games

Fine Speakers – Deepak Chopra, Marshall Goldsmith, Marty Cooper & Rahul Bose

Golftime with good buddies



BLOCKBUSTER EVENTS

TiE’s major events take place around the world, featuring distinguished speakers,

mentoring sessions, industry focused panel sessions, and business plan competitions

for entrepreneurs. These blockbuster events are organized to promote entrepreneurship

and social change in our local communities. Innovative companies have the opportunity toshowcase their products and services to the most influential VCs, institutionalinvestors, large number of attendees and future customers. There are also exclusivenetworking opportunities to identify the most promising innovation-driven, growthinvestment opportunities.

TiEcon Silicon ValleyTiE Silicon Valley’s flagship event – TiEcon is the largest conference in the worlddedicated to entrepreneurs. TiEcon 2010 was held on May 13-14, 2010 at the SantaClara Convention Center. “It’s in your DNA”, was the theme, with the message thatentrepreneurship is present in everyone’s DNA, and these latent talents can be tappedinto. The conference saw over 2000 delegates. Some of the keynote speakers wereAneesh Chopra, Sir Martin Sorrell, Reid Hoffman, Dr. Anji Reddy among others.

Tiecon East, BostonOver 550 attended TiE-Boston’s 12th annual TiEcon East conference on May 27-28, 2010at Westin Waltham. The theme, “Winning in a New Climate”, focused on discoveringhow innovation and enterprise remain the key to success. The conference deliveredwith panels across Four Tracks: Life Sciences, Clean Tech, Technology and India. Thekeynote speakers were Ashraf Dahod (co-founder, Starent Networks); Bob Pozen, (Chairman,

MFS Investments) and Bart Riley (founder, A123 Systems). New programs this year werethe Entrepreneurship Bootcamp, ValueConnect, and Innovation Showcase.

Tenth Anniversary Gala, San DiegoTiE San Diego celebrated its 10th anniversary in style with a Gala celebration at theHotel Del Coronado. Entitled “Living Your Dream and Giving Back”. Distinguishedguests in attendance were Aneesh Chopra, Federal Chief Technology Officer, UnitedStates, who spoke on “The Strategy for American Innovation” and Marshall Goldsmith,one of the foremost management thinkers in the world and best-selling author.The San Diego Chapter also paid tribute to one of the leading lights of our time– Prof. CK Prahalad, one of the founding fathers of TiE, who passed away in April, 2010.

TiE Vista & Annual Gala, AtlantaThe Renaissance Waverly was the scene for TiE Atlanta Entrepreneurial Summit inJuly 2010. TES Atlanta saw over 300 attendees and 50 national and internationalspeakers. Keynote thought leaders J.D. Power III (JD Power & Associates), Gus Whalen

(The Warren Featherbone Foundation) and Vivek Wadhwa (Duke University) electrified theaudience with their global perspective and personal entrepreneurial journeys.Entrepreneurs and investors experienced 9 panel tracks with topics spanning SocialEntrepreneurship, CIO - The new Chief Innovation Officer and Entrepreneurial Lifecycle- From Ideas to Exit. A record 20 community partners supported the summit whichstrengthened and elevated TiE Atlanta’s stature in the city.

TiEcon Midwest, DetroitTiECon Midwest 2010 had the theme ‘Business Karma 3.0- Create. Connect. Collaborate.’TiECon Midwest was held on Oct 28-29, 2010 at The Henry Hotel, Dearborn. Inspirationalkeynotes by Desh Deshpande and Bill Birdsall enthralled the audiences, and were themost talked about sessions at the event. Year 2010 witnessed action packed sessionscovering TiE 20 awards, Business Plan Competition to help realize bright ideas, ExtremePower Connect focused on networking and multiple track sessions. The event focusedon high growth potential industries and offered great networking opportunities. TheCBC news quoted TiECon as the “Hope for Detroit’s Rebirth in Entrepreneurship.”

TiEcon Socal, Los AngelesOn October 16th, 2010, TiE Southern California hosted its annual TiECon SoCalConference, titled, “Prospering in the New Decade.” Over 700 attendees participatedin the conference, to listen to the world’s preeminent business leaders speak on avariety of topics. Keynote speaker Dr. Deepak Chopra, spoke of his transition frommedical doctor to spiritual healer and provided an overview of how to measurehappiness. The other two keynote speakers were C.P. Gurnani (CEO of Mahindra Satyam),

and another Deepak Chopra (founder of OSI Systems) offered perspectives on the currentglobal economic climate.

Dr. Anji Reddy at TiEcon Silicon Valley 2010

Ashraf Dahod at TiEcon East 2010

Michael Cole at TiE Atlanta Gala

Desh Deshpande at TiEcon Midwest 2010

Deepak Chopra at TiEcon SoCal 2010


BLOCKBUSTER EVENTS

TiEcon DallasTiEcon Dallas took place on October 16, 2010 pm at the Hilton Garden Inn.

The theme of the conference was “Entrepreneurship in the always connected world”

aimed at recognizing opportunities in today’s technology-driven, rapid-fire business

world. The event brought together business leaders, entrepreneurs, investors andprofessionals from a wide spectrum. Eric Ly (co-founder, LinkedIn) was the keynotespeaker. Naeem Zafar (Professor, Haas Business School) spoke on “Transitioning from aFounder to a CEO”.

TiE Summit, New DelhiTiE Entrepreneurial Summit (TES) was held in New Delhi on December 21-23, 2010.This pan-India event was attended by 2,200 delegates. Acclaimed speakers, includedProf. Amartya Sen (Nobel laureate and economist), Shekhar Kapur (filmmaker), Pramod Bhasin

(Genpact), Dr. Kiran Bedi (Ex IPS officer), Philip Wollen (Australian Philanthropist), Malvinder

Singh (Fortis). Among the new innovations at the Summit were innovative parallelworkshops and a showcase of entrepreneurs at the TiE-Lumis EntrepreneurialExcellence Awards.

TiE ISB-Connect, HyderabadTiE-ISB Connect 2010 focused on ‘Research to Market’ and ‘Innovation in BuildingBusiness’. Other highlights of the event were funding from Hyderabad Angels for oneof the shortlisted Business Plans. The event showcased several important startupcompanies in the region.

TiEcon Pakistan, LahoreOver 500 delegates congregated at TiECon 2010 Pakistan on October 30, 2010 at theRoyal Palms. It was a riveting day of inspirational speeches, discussions and ideasharing followed by an enchanting reception dinner inside Lahore’s old walled city.Dignitaries Shahbaz Sharif (Chief Minister Punjab), Razak Dawood, Nasreen Kasuri,Imran Khan, Dr. Ishrat Husain, Seema Aziz and many others graced the event.

TiEcon ChennaiThe theme for TiEcon Chennai 2010 was “money, Money, MONEY”. On November 24,2010,the event saw the congregation of more than 1000 entrepreneurs from all across thestate of Tamil Nadu. N. Sankar, (Chairman, Sanmar Group) won the TiE Chennai LifetimeAchievement Award. Among eminent speakers were Gopal Srinivasan, (Chairman & MD,

TVS Capital Funds). Alok Mittal (Canaan Partners), GV Ravishankar (Sequoia Capital), Ranjith

Menon (IDG Ventures), Gurcharan Das, (management guru) and Ajit Balakrishnan (founder,

Rediff.com). The indispensible feature of TiEcon Chennai is its unwavering commitmentto encouraging start-ups through business plan awards for emerging start-ups andpitch to VC sessions acting as a connect between entrepreneurs and investors. Thewinner of the business plan awards took away Rs. 4 lakhs (approx. $10,000).

TiEger, KolkataThe signature event of TiE Kolkata celebrates the achievements of entrepreneurs inWest Bengal, and also instills fire among budding entrepreneurs. Tiecon 2011 consistsof business plan competition, Tieger Awards and Tieger Cub awards to identifybudding talent.

TiEcon Australia, MelbourneOn Jan 28th, TiEcon Australia 2011 engaged Australian leading business chiefs andentrepreneurs discussing the essence of successful entrepreneurship. Former FostersCEO Trevor O’Hoy was keynote speaker. The common thread of the conference was onsuccess being closely related to one’s drive and desire to make a difference. The topicsincluded “Translating your Passion into Business Success”, “The Role of Ethics inBusiness Success” and “The Meaning of Giving”. The Speakers include Nithya Shanthi

(Happiness coach and monk), Phillip Wollen, (philanthropist and founder, Kindness House) and

Charles Kovess (Entrepreneur).

TiE Asia Pacific Conference, MalaysiaThemed “ASEAN and India - Going Global”, the objective of the event is to forgelinkages amongst the Southeast Asian Nations, and leverage business opportunitiesboth in Malaysia and India. Sri Najib Tun Abdul Razak, Prime Minister of Malaysia gracedTiE APAC 2010 conference. Kamal Nath, Minister of Road Transport and Highway of India,who has actively spearheaded efforts to attract foreign business, boost exports andpromote trade and investment, delivered the keynote address.

Amartya Sen at TiE Summit, New Delhi

Kiran Bedi chats with Pradeep Gupta, President

during TiE Summit 2010, New Delhi

PK Agarwal, Prime Minister of Malaysia and Kuna

Sittampalam (TiE Malaysia President) at APAC

conference

Nitya Shanthi at TiEcon Australia 2011, Melbourne

R Ramaraj, PK Agarwal and other business leaders

at TiEcon Chennai 2010


”“

SUCCESS STORIES

TiE firmly believes in its mission of fostering entrepreneurship.

Within the TiE ecosystem, there is a long list of committed TiE

mentors, who are actively engaged in mentoring, advising

entrepreneurs and encouraging new ventures. The success

stories at TiE are a result of Chapter activities focused on the

three pillars of networking, mentoring and education. Mentors

and mentees find each other in a myriad of ways - at our major

blockbuster events, well attended educational programs, and

business competitions. TiE chapter managers and mentors are

always excited to identify promising new startups, who can be

guided for success.

Some Startups assisted by TiECognovision – Retail & Electronics Industry

Beulah London – Retail & Fashion Industry

Soul Tree Wine – Restaurant, Food & Beverage Industry

Jade Magnet – Advertising & Internet Industry

Big Green Company – Cleantech Industry

IRTEX – Trucking & Transport Industry

SchoolMATE – Education & Mobile Industry

TiE MentorsTiE celebrates all its mentors who share their wisdom with aspiring entrepreneurs.

TiE programs and initiatives encapsulate mentoring, business competitions and

associated coaching as well as networking opportunities that have a strong impact on a

startup’s learning curve. Entrepreneurs who took the time and interest to interact with TiE

mentors saw a windfall of benefits – from bootstrapping advice to venture funding. Read

on to find some interesting Success Stories that took place in the TiE Network in 2010.

Mohammed RajaProduct Director - EU, Trip Advisor

Charter member, TiE UKStartups mentored - Beulah

London, Soul Tree

Pulin ChandariaBusiness Executive,

Comcraft Canada Ltd.Charter member, TiE Toronto

Startup mentored - Cognovision

Vikas ShahDirector, Swiscot GroupCharter member, TiE UK

Startups mentored - Soul Tree

Raj RuiaManaging Director, Richard Haworth

Charter member, TiE UKStartup mentored - Beulah London

Suresh MadanExecutive Vice President, Excalibur

Capital Management Inc.Charter member, TiE Toronto

Startup mentored - Cognovision

Walli UllahCEO, Execcoach.com Ltd.

Charter member, TiE ManchesterStartup mentored

- Big Green Company, UK

Muki RegunathanFounder & CEO, Pepper squareCharter member, TiE Bangalore

Startup mentored - Jade Magnet

Raju ReddyFounder & CEO,

Sierra Atlantic, Inc.Charter member, TiE Silicon ValleyStartup mentored - Cognovision

Raghu RajagopalCEO, Energeate

Charter member, TiE ChennaiStartup mentored - SchoolMATE

Gurmeet ChawlaDirector, Master Trust Ltd.

Charter member, TiE ChandigarhStartup mentored - IRTEX

Shivneet SinghExecutive Director, TIE Chandigarh

Member, TiE ChandigarhStartup mentored - IRTEX

Keep away from people who belittleyour ambitions. Small people alwaysdo that, but the really great make youfeel that you too, can become great.– Mark Twain


SUCCESS STORIES

L to R: Natasha Rufus Isaacs and Lavinia Brennan, founders of Beulah London,

a luxury fashion brand with a social enterprise theme.

Vikas Shah, Director of Swiscot and TiE Charter Member, mentors

Natasha Rufus Isaacs and Lavinia Brennan, founders of Beulah London,

a luxury fashion brand with a social enterprise theme.

Beulah London is a luxury fashion brand with a twist. Natasha

and Lavinia successfully combined their love for fashion, with

their passion for social justice. Inspired by the injustices they

saw during their travels, they have created a new-breed of

socially conscious businesses.

Natasha Rufus Isaacs and Lavinia Brennan launched their ethical

fashion label after working in the slums of Delhi with women

and girls rescued from the city’s underground sex trade. The

enterprising pair will be donating a portion of their profits to

Indian and UK organisations and charities dedicated to eradicate

this modern-day slavery.

Mentors at the TiE UK Chapter connected them to Vikas Shah, a

TiE UK Charter Member and Director of Swiscot, a diverse trading

company with activities in luxury and retail linens, contract

textiles, fabrics and yarns, commodities, finance and consulting.

Natasha Isaacs quotes: “We have found the TiE Mentoring program

extremely useful. After our initial meeting with Mohammed Raja at

the British Library, we were put in touch with Vikas Shah, a mentor who

understands the field we are working in. His advice and encouragement

has been invaluable, and we are really supportive of TiE and would

encourage any young entrepreneur to get involved.”

The company has been running for 7 months now and, with the

help of Vikas, they hope to be able to overcome obstacles, and

grow the business successfully. Vikas quotes, “My career to date

has engaged me in a lot of different sectors, ranging from advertising

and branding, to luxury retail, investment, and even charities around

the world. For Beulah, the advice I provided drew on all these areas of

experience, being a business focussed on luxury and branding, with a

philanthropic angle, and is also gearing up to become investment ready.”

Wear your heart on your sleeve:Beulah London, UK

Prior to their first meeting Vikas researched the market, their

product, and value proposition. In the beginning of the mentoring

session, he focused on getting a good understanding of the

objectives of its owners. Subsequently, they went ahead with

developing a really solid plan for integrating their brand/

marketing side of the collection, with the social impact side of

the business.

Natasha said about the advice given to her by Vikas,“He helped us

think outside the box, in terms of developing a strong link with our

corporate social responsibility to enhance our brand. Vikas gave us

advice on stock inventory, customer interface, shared market experience,

and gave us constructive feedback which was exactly what we needed.”

Recently, Beulah London has unveiled its first collection

“Amazing Grace” for Spring/Summer 2011. There is a buzz about

their new socially conscious startups and the founders are

thrilled about that. The dresses have some high-profile admirers,

including “Sex and the City” star Sarah Jessica Parker who saw

them at Paris Fashion Week. Beulah is currently being stocked

in a couple of stores in London and Singapore.

Vikas Shah said about his experience as a TiE UK mentor for

Beulah London: “Through TiE, I have had the privilege of being able to

mentor some of the UK’s most talented young entrepreneurs. As a

mentor, it is a wonderful opportunity to be able to share skills and

experience with upcoming businesses, learn about changing markets,

and different business processes. I think, as a mentor, you take as much

out of the experience as your mentee!”

Website: http://beulahlondon.com/home.html

Startup : Beulah London

Sector : Retail & Fashion Industry

Founders : Natasha Rufus Isaacs and

Lavinia Brennan

TiE Mentors : Mohammed Raja, Vikas Shah


SUCCESS STORIES

An Eye for Success:Cognovision, Toronto

Startup : Cognovision

Sector : Retail & Electronics Industry

Founder : Faizal Javer, Haroon Mirza and

Shahzad Malik

TiE Mentors : Pulin Chandaria,

Suresh Madan

L to R: Faizal Javer, Haroon Mirza and Shahzad Malik, co-founders of digital

signage company Cognovision, which was recently acquired by Intel

In September 2010, Intel bought the digital signage company –

Cognovision, an Ontario- based startup in an effort to enter this

quickly expanding market segment. Paul Otellini, CEO of Intel

said about the acquisition at the Intel Capital CEO Summit, “It’s

an area where for not a lot of money you can really pick up some of the

leading companies that turbo charge you into this segment.”

The founders of Cognovision were contestants of TiEQuest

Business Venture Competition, organized by TiE Toronto in 2007.

Cognovision provides anonymous face detection and people

tracking software for the retail and out-of-home advertising

industries. Their revolutionary technology measures the

effectiveness of media displays and gathers data on customer

behavior using small camera sensors and computers in signs

and other places. The technology allows signs to monitor how

long a person looks at an ad, allowing more targeted ads, and

has the ability to change if people show that they are losing

interest.

Over the years, the company benefitted from ongoing mentoring

through the TiEQuest business venture initiative to reach a stage

when it became attractive to the semiconductor maker. “We are

very proud to see that one of our TiEQuest finalists has evolved to be so

successful. Their success will surely be inspirational to other contestants

in the competition” says Suresh Madan, President of TiE Toronto

and the chief organizer of the TiEQuest Business Venture

Competition.

TiEQuest venture competition is open to all current and aspiring

entrepreneurs in North America, and requires that contestants

have an original business idea. The competition receives diverse

business ideas proposed by contestants who are PhDs, MBAs,

medical doctors, engineers and chartered accountants.

Faizal Javer says, “As a former participant of TiEQuest, we strongly

recommend TiEQuest to all entrepreneurs with a burning idea, or even

if they are with an established business; as it can help refine that idea

and help focus on an area which will most maximize your average.”

Today, all three co-founders give their unqualified support to

the TiE Toronto mentoring sessions as part of the annual

TiEQuest business venture competition.

At their introductory meeting, Pulin offered great feedback on

their presentation, stressing the importance of having an

Intellectual Property strategy initiated very soon, and suggested

potential people to add to the team such as a management

team member with marketing or media experience.

Says Haroon, “Pulin did a deep dive on our Business Plan – with feedback

on our Executive Summary, Elevator Pitch, as well as a review of the

financials. He helped us revise the amount of funding we were looking

to raise.”

Haroon also stresses on the benefits of the TiEQuest program

saying, “TiEQuest in itself was an absolutely invaluable experience for

us because the process we had to go through to get through the various

competition gates was incredible. The competition forced us to articulate

our business plan, to go through the through process of financial

projections, and we had the opportunity to get some wonderful feedback

on our business from the TiE ecosystem of seasoned professionals and

entrepreneurs.”

Beyond TiEQuest, Pulin continuously offered guidance and

support. Over the years, he continuously checked in to see their

progress, and was available as a sounding board for strategic

decision-making or brainstorming. His mentorship continued

during the negotiations with Intel; and it continues on post

acquisition.

They also sought assistance from Raju Reddy, a TiE Silicon Valley

Charter Member from the IT sector, who became their mentor in

December 2007. “Raju was absolutely great in offering his guidance

and feedback, and always made himself available to us. Moreover, he

also opened up his network to us. During our negotiations with Intel

Capital, he connected us with a close colleague who previously worked

there, which provided us amazing insight on how the venture fund

operated, and the key management there.”

Haroon sums up his experience and guidance received saying,

“Overall, TiE helped change our lives, and for that we will be forever

grateful.”

Website: http://www.cognovision.com


L to R: Nitin Gupta, Ankur Tripathi and Saurabh Gupta, co-founders of IRTEX,

a state-of-the-art transportation exchange

Gurmeet Chawla and Shivneet Singh mentor and support young

and upcoming entrepreneurs from Chandigarh, who aspire to

make a tangible difference in the infrastructure and transport

systems in India.

The trucking and transport industry is one of the major lifelines

of an economy – delivering goods and services to locations far

and wide – from bustling metropolises to inner cities and villages.

The road transport sector in India contributes close to 4% of the

gross domestic product (GDP) i.e. to the working of the economy.

However, the trucking business in the country also suffers from

huge inefficiencies.

An entrepreneur though sees a bright light at the end of dark

tunnel. And three alumni of IIT Bombay and Cornell University –

Ankur Tripathi, Nitin Gupta and Saurabh Gupta saw an

opportunity to affect change in one of the most inefficient and

unorganized sectors in India. They were motivated to improve

the functioning of the road transport sector and contribute

positively towards national savings and country’s growth

They realized the need for a real-time marketplace for road

transportation to solve the existing problems. The team

conducted extensive market survey for four months to gauge the

market size and therein explore opportunities, before they were

fully convinced of the idea. This was how Indian Road

Transportation Exchange (IRTEX) was conceptualized.

IRTEX focused on improving in-process efficiency by consolidating

unorganized and fragmented road transportation sector in India.

Through electronic communication channels such as

mobile phones, email, and a web based interactive network

integrated with their regional offices, IRTEX team designed a

state-of-the-art transportation exchange to enable transporters,

booking agents and other logistics service providers to interact

on a wide scale, with resulting efficiency and increased profits.

The IRTEX team presented their business plan at ‘EnterPrize 2009’,

business plan competition organized by TiE Chandigarh. Ankur says,

“We won the event, but more importantly, the recognition and guidance

we received during the course of event helped us tremendously in

SUCCESS STORIES

Jazzing up the trucking business:IRTEX, Chandigarh

getting started.” Ankur further elaborates on the mentoring and guidance

received, “TiE connected the IRTEX team with Mr Gurmeet Chawla, an

experienced mentor, who assisted our team in refining our financial

model, as well as strategic and operational issues. As conceptualized,

IRTEX was a very sophisticated system, and Gurmeet advised us to

hone in on the most critical problems to work better in the existing

market scenario. Insightful discussions with Mr. Chawla brought the

idea closer to the problem which needed immediate attention.”

“TiE Chandigarh provided immense help and support to the team by

connecting them to the relevant audience who could critically analyze

the business plan and the product. The IRTEX team received great

support from Mr. Shivneet Singh (Executive Director, TiE Chandigarh),

who helped them to network with potential investors, mentors and

strategic partners through various networking events”, attests Ankur

Tripathi.

IRTEX has launched the pilot services with selected group of

industries, transporters and booking agents operating out of

Mumbai, and already have a customer base of more than 50

booking agents and transporters. IRTEX has plans to expand its

reach across 65 major logistics hubs of the country by 2014. To

fund this growth, they are planning to raise $400,000 as seed

investment. Ankur is thankful for his TiE connection, saying, “The

entire IRTEX team thanks TiE for providing all the support to the business

idea at the stage when it was required the most.”

Website: http://www.irtex.in

Startup : IRTEX (Indian Road Transportation

Exchange)

Sector : Trucking & Transport Industry

Founder : Ankur Tripathi, Nitin Gupta and

Saurabh Gupta

TiE Mentors : Gurmeet Chawla, Shivneet Singh


SUCCESS STORIES

L to R: Soul Tree founders - Melvin D’Souza and Alok Mathur find the

perfect blend of both worlds

Cocktails with your Curries:Soul Tree Wine, UK

Startup : Soul Tree Wine

Sector : Restaurant, Food & Beverage Industry

Founder : Melvin D’Souza and Alok Mathur

TiE Mentors : Raj Ruia, Managing Director of

Richard Haworth

Raj Ruia, Managing Director of Richard Haworth and formerTiE Manchester Board and Charter Member, mentored Melvin D’Souzaand Alok Mathur, Founders of Soul Tree Wine, a wine business bringingIndian wines to the Western world.

The Soul Tree story began in 2009, soon after Alok and Melvinfinished doing their MBAs at Oxford University’s Said BusinessSchool.

During a trip to India, Melvin and Alok visited a few vineyards inNasik – their native place which also happens to be a nascentwine producing area of the world. They were floored by thedistinct wines that beautifully complemented Indian food, andknew instantly it would be a hit with curry lovers in UK.

Their research indicated that the wine market in UK was alreadyat overcapacity with 7,000 different wine brands available.However, the good news was that Indian wines were scarce inthe UK market. There were 10,000 odd Indian restaurants in theUK selling wine worth £180m every year – and almost none of itcame from India. With this knowledge, Melvin and Alok decidedto break into burgeoning Indian wine industry and bring Indianwines to the UK.

They also loved the fact that their business bridged the twonations they called home and allowed them to successfully finetune the proposition at each end. It took them over a year to puteverything into place, from setting up sourcing from India tomarket research into the habits of British wine consumers, andbranding and operations in the UK.

Alok and Melvin started marketing efforts for Soul Tree inNovember 2009, with the launch of the Soul Tree website. Inspite of their combined experience in the world of internationalbusiness the wine industry was relatively new to them, and theysought help through the TiE UK mentoring program.

They received structured mentoring sessions for several weekson the Mentoring Program in partnership with the British Librarywith Mohammed Raja as the professional mentor. Says Melvin,”

The sessions with Mohammed were the perfect forum for re-evaluation

and fine-tuning of business plan ideas. Mohammed was a great sounding

board, offering advice on key issues.

Preliminary guidance was followed by “real life” mentoring byTiE UK charter member, Raj Ruia, Managing Director of RichardHaworth. With his practical experience of running RichardHaworth, one of UK’s leading trade suppliers of luxury linens tohotels and restaurants, Raj Ruia was ideally suited to advisethe fledgling startup in a similar marketplace. Raj worked on

the company’s business plan, pricing strategy with Melvin andAlok to make their business more commercially viable. He gaverealistic advice on how they could position Soul Tree Wines inthe market, and how their different wines should be priced.

Raj also introduced Melvin and Alok to a master of wine whohas been providing technical advice and the founders continueto seek her approval for each wine. Recounting his mentoringexperience Melvin says, “Sound advice coupled with useful contacts

within the wine industry in the UK made a significant impact in several

different ways to how Soul Tree has developed as a business. Raj’s input

into the business have gone a long way towards its success to date.”

The wheels of the company were in motion in June 2010, andtheir contention that the curry-loving British would love the ideaof an Indian wine in an Indian restaurant was put to the testand proven. Market response was much better than expectedand 25 restaurants were quickly signed up to sell Soul Tree wines.

Recounting his mentoring experience with Melvin, Alok and SoulTree Wine, Raj Ruia said: “During that initial period Melvin, Alok and

I were extremely busy and lived a fair distance apart, but still managed

to meet and have regular phone calls. Melvin and Alok already had their

business idea and plan in place and had great entrepreneurial spirit but

now needed to bounce ideas off someone and iron out areas of concerns.

I was able to help them here and made them look further into certain

areas of their business that required more attention. Also I put Melvin

and Alok in touch with a few personal contacts within the wine industry

who gave them a lot of time and support which was most beneficial. It

was definitely a two-way relationship and I am glad my advice to both

Melvin and Alok helped them develop what is a great business venture!”

Melvin D’Souza and Alok Mathur said: “The TiE mentoring program

has proved to be an invaluable resource. We found both Raj and

Mohammed to be superb sources of inspiration, real-life experience,

industry contacts, and great practical advice.”

Alok and Melvin have made great progress so far with UK distributorsand now supply wines to about 40 restaurants in the Midlands andEast counties with supplies to London restaurants set to start inmid-November. Soul Tree Wine has also entered the European winemarket through distributors in Germany and France who work onan independent contract basis and they are also working on alarge order in the United States. The founders believe that SoulTree Wine is set to capture the hearts and minds of millions ofcurry and wine lovers in the country and across the world.

Website: http://www.soultreewine.co.uk/home.html


Wayne Morris gets energized with his new Cleantech venture

- Big Green Company

Walli Ullah, TiE UK charter member motivates Wayne Morris to take a

leap into the sunshine industry.

After graduating from Manchester Metropolitan University with

first class honors in Economics, Wayne Morris, began working at

Galen Pharmaceutical company, a major pharmaceuticals sales

and marketing company in the UK. Few years later, Wayne felt

the need to leave the large corporation to “go it alone” and

began his entrepreneurial journey. Wayne set up his own

pharmaceutical consultancy, viewing it as a safe and secure

option, considering he had the knowledge and expertise in this

area. His venture went well, till they unexpectedly lost a large

contract with a major pharmaceutical company, and had to

close shop.

Wayne says, “I did not want to go back into corporate business

- that I was sure of. I had a little taste of running my own business

and really liked it. Only issue was that I could not think of a

successful business I could do, on my own.” In the transition

period, he took up a sales job, and broaden his skill set, and set

up an online insurance comparison site. This enabled him to

quickly understand the power of online sales, and how

seamlessly it can be executed. In honing his skills, he prepped

himself for bigger and better things.

Soon, he took up a new office in Manchester, and positioned

himself to be in the centre of action. Wayne did take on a big

risk – with no turnover, no staff, and nothing but a dream to run

a large, successful company. Jean Drinkwater, chapter manager

at TiE Manchester who worked nearby, suggested that he could

join her organisation and take part in the Manchester mentoring

program.

After receiving my application, I was assigned to TiE Charter

Member, Walli Ullah, who, as well as being a successful film

producer, also runs ExecCoach.com which works with business

owners and senior executives to improve personal and business

success.

Walli met with me and so began my mentoring program. Says

Wayne, “Walli suggested that I look at solar energy as a new business,

very early on in our meetings, underscoring that environmental and

green issues were an impactful, global and current business area. He

suggested a couple of ideas to get the business off the ground, and

that’s how the Big Green Company was born.”

SUCCESS STORIES

Embarking on a new journey:Big Green Company, UK

Over the next 12 months, I met with Walli who endured my endless

frustrations of having tried every strategy in the book to get the

business underway. Walli’s response was always, “There is a

way, you must keep trying. I guess a good skill of being a mentor means

you have to be patient with the mentee; Walli passed this test with

distinction!” Wayne invested £20,000 personal savings, to start

the business, and 8 months down the line, he had made no

sales and there were no signs of earning money. Another

3 months and several methods were tried to sell solar energy -

including telesales and internet selling. “I was finally led into

the idea of opening a solar centre in a garden centre, which

would have fully operational displays that customers could see

working. From there, everything changed.”

At last, Wayne had found a formula that worked and the company

gradually took off. Today, after a year into his startup, he still

works 7 days a week, and has had consistent growth in business.

And the results of all the efforts are paying off. Big Green has a

turnover run rate of £1.2 million, and sells to 3 sites (Cheshire,

Southport, Edinburgh)

The UK market is set to see a significant increase in the number

of homes installing solar panels as a result of the government

feed in tariff. The Big green company is dedicated to helping

people understand the benefits of solar panels and making

solar energy more affordable. Through their network of solar

panel centres, people can actually see how solar panels

generate free hot water and free electricity. Moreover, the solar

panel has improved a lot over the last few years, which means

that even with the UK’s variable climate; the saving potential is

considerable.

Today, Wayne Morris, managing director of his own green

business says, “TiE Charter Member, Walli Ullah is now on board in

the company as a formalised non-executive director and I am sure our

relationship will continue to flourish. I would like to thank TiE for their

support in my business for the past 18 months and to personally thank

Walli for supporting me and giving me the idea to do solar energy.” The

target next year is to grow the business to £10m turnover, and a

5 year target of achieving £100m turnover. I feel confident that

with the right senior management team, we can achieve this

result and become the market leader in the installation of

domestic solar panels.

Website: http://www.biggreencompany.co.uk

Startup : Big Green Company

Sector : Cleantech Industry

Founder : Wayne Morris

TiE Mentors : Walli Ullah


SUCCESS STORIES

L to R: Sitashwa Srivastava and Manik Kinra, co-founders of Jade Magnet,

a novel online advertising platform

Jade Magnet benefits from a host of mentors at the TiE Bangalore

Chapter, as well as seasoned entrepreneurs and senior management in

the advertising and online world.

Jade Magnet is a crowdsourcing platform that brings together

more than 1100 creative providers on their network providing

services to more than 45 clients. The creative services offered on

the portal range the creative bandwidth – from branding,

advertising, animation, communication, graphic design, and

product design across various media.

Jade Magnet is like “ebay for creative designers”, says Sitashwa

Srivastava, cofounder of the internet venture. He is also quick to

point that they have spent considerable time improving processes

and identify pain points, on existing popular design portals.

It was 2008 when Sitashwa Srivastava and Manik Kinra, two

young entrepreneurs got together to create their own business.

They pitched a novel online advertising platform - “creADivity”

at TiE Bangalore Chapter ’s business mentoring program

“Entrepreneurial Acceleration Program” or TiE-EAP. Their project

won the award in the TiE-EAP program that year, and that’s when their

entrepreneurial journey began.

TiE provided exceptional mentoring support and great networking

opportunities to Sitash and Manik. The team was invited to TiE

Entrepreneurial Summit 2008, to meet potential mentors, investors

and people from related fields – all of which helped give shape to the

business model. Bringi Dev and Shashi Kiran, chapter management at

the time, introduced them to several key mentors at TiE Bangalore.

Sitash is grateful for TiE’s support for his new venture. He says, “A good

brand in your story helps you immensely. We were fortunate to be

incubated by a famous organization like TiE. We networked with several

people, and formed our first customer base from interactions at TiE

meetings and events.”

The TiE Bangalore team also introduced them to Muki

Regunathan, Founder & CEO of pepper square, a creative agency

pioneering in online media. Muki, who was once creative head

at Xerox Parc India development had over 15 year of branding,

and interactive marketing experience. With several common

interests, the three quickly developed a great rapport. Talking

about Muki as his mentor, Sitash says, “Muki is energetic,

passionate and could connect easily, being a young entrepreneur

Harnessing the wisdom of the Crowds:JadeMagnet, Bangalore

himself. He was secure in his business and industry, to show us

the ropes of the trade. He also had the vision to become an

advisor viewing that our online creative business model would

complement his existing business, in market segments that he

was unable to tap himself.”

Sitash and Manik received $200,000 seed investment from Muki.

The company was rebranded as “Jade Magnet” and started

working aggressively on building the online platform and

expanding the service ecosystem. Sitash says, “Muki supported

our endeavour wholeheartedly. He shared his office space with us, as

well as many business processes from the business that we could

incorporate as our own. He introduced us to many contacts in his network,

and was comfortable with us, viewing him in action as he operated his

business affairs, and we learnt the trade.”

Muki’s clients at pepper square like Microsoft, Wipro, HP, CISCO,

Texas Instruments, Max Healthcare, Reliance ADAG, among

others. And Muki did not hesitate to introduce his protégés to

his network within the industry. The team was able to quickly

leverage Muki’s business network, which brought in a 100%

month-on-month growth in sales. The team has also taken his

help in building strong delivery processes that are extremely

crucial to the business, given the ever-expanding provider-base

that Jade Magnet has cultivated.

The team continued to receive a lot of personal leadership advice and

grooming from a host of mentors. Some mentors and advisors along

their journey have been Samir Kumar (Partner, Inventus Capital), Sanjay

Anandaram (Founder, Jumpstartup), Rajan Anandan (MD, Microsoft

India, Sales & Marketing), Srikanth Sastri (MD, Digitas India, part of

Publicis Group)

With a current advertising and creative development market size

of more than $20 billion (India & US), Jade Magnet is looking at

expanding its universe of providers and partners. Today, Jade

Magnet is eyeing customers in UK, Silicon Valley and Dubai to

establish their worldwide creative presence.

Website: http://www.jademagnet.com

Startup : Jade Magnet

Sector : Advertising & Internet Industry

Founder : Sitashwa Srivastava, Manik Kinra

TiE Mentors : Muki Regunathan


L to R: Hari Krishnan and Ravindra Vytla, co-founders of SchoolMATE with

their mentor Raghu Rajagopal

Students, teachers and schools get tech savvy with useful toolslike SchoolMATE. The founders of SchoolMATE received guidanceand recognition from TiE Chennai charter members.

SchoolMATE, short for school management at ease is a softwarefor schools and learning centers. SchoolMATE or SchoolManagement AT Ease is a CRM (Customer RelationshipManagement) and ERP (Enterprise Resource Planning) softwarefor Educational Institutions.

SchoolMATE is a Saas based product offered to educationalinstitutes, which helps to track student performance, teacherperformance, analysis of financial information, staff payroll,timetable, attendance etc. As it is a simple SMS based service, ithas better adoption.

The product stemmed out of the noble thought of assistingeducation and learning. SchoolMATE aids the flow of informationbetween teachers and parents. The platform enables schoolsto continuously update parents about their child's status andperformance over their mobile phones through text messages(SMS) and also through e-mails and Web using a securemechanism. With the ubiquity of mobile phone, email andinternet connectivity, these tools are the most used and rapidlygrowing electronic communication media in the entire world. Itenables schools to deliver messages to parents, wherever theyare. The total process is completely automated and this softwaregives lot of flexibility to address the school needs right fromstudent's admission, attendance and performance analysis.

Hari Krishnan K and Ravindra Vytla found common passion intheir college days at BITS Pilani and together incubated theirfirst company of BITS Pilani - "Bridle", which was later rebrandedas “SchoolMATE”. TiE Chennai Chapter recognized the potentialthat Hari and Ravi held and connected them to Raghu Rajagopal,a TiE Charter Member and mentor.

SchoolMATE received a thumbs up for being a complete, mobilebased student analysis system, and raised funding from Chennaifund through a business plan contest. Chennai fund angelinvestors comprising Suresh Kalpathi (SSI, Aptech, KalpathiInvestments), R Ramaraj (Sify, Sequoia), K B Chandrasekhar (e4e,Jamcracker), Gopal Srinivasan (TVS), Raghu Rajagopal(Energeate) and Ram Mohan (Afilias) chose to invest in Bridle,the company behind the SchoolMATE product.

"Following the initial investment of Rs. 1 crore by Chennai Angels,TiE Chennai nominated Raghu Rajagopal as their principalmentor. "Having run a large sales enterprise, Raghu brought to the

Seamless Learning:SchoolMATE, Chennai

table his hands-on experience and phenomenal energy that helped us

scaleup the business - introducing potential partners and customers in

new territories. We are very thankful to him as he played a major role

in making our dream come true." says Hari Krishna, co-founder andVice President of SchoolMATE.

Ravindra Vytla, co-founder and CEO says, "Having participated in

the Mentoring Program, I continue to be a strong supporter. The success

received is an indication of the effectiveness the program provides. It a

great privilege for a young entrepreneur like me to be a part of this. It

is truly educative, enjoyable and rewarding."

The mentoring process started with detailed research on themarket opportunity, customer pain points and competitiveanalysis. Subsequently, an effective business model and salesmodel were developed. Thereafter, they develop a solid planfor integrating technology to the business.

Raghu, who is now Director of SchoolMATE states, "I thoroughly

enjoyed being the mentor. With every new project comes new insights

and perspectives. I see this as an opportunity for self-development and

increased motivation. I am thankful to TiE Chennai for giving me this

opportunity."

Currently over 70,000 parents in the cities of Hyderabad andVishakapatnam are using SchoolMATE, and are being updatedon their mobiles about their child’s progress at school.Schoolmate's ERP generates over 250 scientific reports,empowering teachers and school management to monitor anddeliver more meaningful classroom sessions.

In 2010, SchoolMATE was showcased among the top 5 successstories at TiE Summit, Delhi. The trio also won the Best BusinessPlan award from Prof C K Prahalad at the Pan IIT 2008. They werealso featured among “Asia's Top 5 Startups by Entrepreneursunder 25” by Business Week 2006.

Edserv, a public listed Education company in India, recentlyacquired SchoolMATE for Rs. 4 crore. With this, it expects to reachrevenues of over Rs. 40 crore out of school services in the next 12months. The deal is part of its strategy to a progressive learningmodel for school students through Edserv's School division"Vidhyadhana academy", in tune with its plan to expand presenceto over 250 schools, by the end of the year. Edserv Chairman andCEO, S Giridharan says, "Schoolmate will strengthen the academy's

plans to implement progressive learning model at schools to achieve

career mapping for every student."

Website: http://www.vidhyadhana.com/schoolmate.html

Startup : SchoolMATE

Sector : Education & Mobile Industry

Founders : Hari Krishnan, Ravindra Vytla

TiE Mentors : Raghu Rajagopal

SUCCESS STORIES


CHAPTER HIGHLIGHTS

TiE GLOBAL AWARDS 2010

1. Chairman's Award: TiE BostonThe Chairman's award was presented to a Chapter demonstrating breakthrough performance - by innovation of a stellar program,

demonstrating value from the program and creating interest and assisting implementation at the Global level. This award was

presented to TiE Boston for outstanding innovation of the "TiE Young Entrepreneurs" program and collaborative mindset by which the

team collaborated with TiE Global and other Chapters to implement the program in different locations.

2. Best TiE Chapter: TiE DelhiThe Best TiE Chapter award is presented to a Chapter that is consistently performing at the highest level - raising the benchmark and

surpassing expectations in all aspects of a chapter performance and therefore being a model for all other Chapters throughout the

network. The award was presented to TiE Delhi for conducting superior programming, collaborating with other Chapters, attracting

excellent speakers, and engaging its membership.

3. Best Overall Turnaround: TiE MumbaiThe award for Best Overall Turnaround in Performance is based on the greatest change and demonstrated sustainability in performance

for a Chapter to succeed in all areas, including Charter Membership, Membership, Sponsorship, Event Momentum, and Financial

performance. The award was presented to TiE Mumbai for turning around the Chapter from inertia in 2005 to a one of the top Chapters

in the TiE Network today, due to phenomenal increase in membership, dynamic leadership, consistently elected Board, regular

events and programming and a focus on sponsorship and financial reserves.

4. Best Mentoring Program: TiE MelbourneMentoring is one of the keystones of TiE. The award for Best Implementation of Mentoring Program was the recognition of a well defined

process for mentoring by the Charter members and their effort to support and encourage aspiring entrepreneurs. TiE Melbourne

receives the award this year due to effective mentor-mentee matching, despite a relatively small pool of members, providing a

useful guide on building an "Active Mentor List", and Success stories as a result of the mentoring program.

5. Most Innovative Program: TiE TorontoThere are many unique and distinctive programs that are successfully being implemented across our network. The award for

Implementation of an Innovative Program is presented in recognition of a Chapter which takes into account the interest of their

community and executes a program or event in an innovative way thus furthering the success of their Chapter. This year's Innovation

award was presented to TiE Toronto for their success on the "TiEQuest Business Plan Competition" - a robust competition that has been

able to identify entrepreneurs and fledgling enterprises in the community and connect them to venture funding and experienced

mentors. There have been over 35 Success Stories produced within the year itself speaks volumes on the impact of the programming.

6. Most Effective Leadership Transition: TiE AtlantaSmooth leadership transition is vital to the sustainability and future of a Chapter and therefore this award is in recognition of a

Chapter which has consistently been able to transition the leadership with minimal disruption. The award for Effective Leadership

Transition (three plus changes in Presidency) was presented to TiE Atlanta. TiE Atlanta has been a model Chapter and has focused on

this aspect of building the core Executive team and Board team, and actively involving the President Elect, so the Chapter can

effectively build on momentum build by previous leadership.

7. Most Successful Collaboration: TiE UKThis award for Most Successful Collaboration with other Chapters/entities is in recognition of a Chapter building strong relationships with

external organizations and/or collaborating with other chapters to create joint initiatives or programs that enhance the TiE brand

beyond individual chapter geographical limits. This year, TiE UK won this award due to championing Global programming, creating

positive relationships with Global Sponsors and extending an ever-helpful hand to assist new and upcoming Chapters, and in

assisting visiting TiE charter members and delegations.

Mentoring is thebedrock aroundwhich our activities areorganised. It is the valuedifferentiator that setsus apart from others.

- Apurv Bagri, FoundingPresident, TiE UK & TiE GlobalChairman (2008)

”

“Dwell not uponthy weariness,thy strengthshall beaccording tothe measureof thy desire.

- Arab Proverb

“

”


CHAPTER HIGHLIGHTS

CHAPTER ACHIEVEMENTS

The focus of TIE Chapters is to build and nurture the next generation of entrepreneurs through mentoring, education and networking.

Chapters assist their members by providing several business networking opportunities in the form of events, seminars, workshops

and mentoring relationships. TiE Chapters organize activities throughout the year, engaging charter members, mentoring start-ups

and energizing the chapters’ growth.

Several charter members are devoted to mentoring and educating young aspiring entrepreneurs to launch a successful business

venture. A large number of TiE members and volunteers assist their local Chapters to deliver value to the community at large, with

the spirit of innovation and passion to affect positive change.

North Americas

TiE ArizonaTiE Arizona organized TiE Mentorfest, a unique group mentoring event, allowing startups to benefit from TiE Arizona mentors. The

team organized several forums on Venture Capital and angel funding. The Chapter detailed stories of three Phoenix entrepreneurs

in “From Startup to Exit”. The Chapter has strong support of 30 charter members, who continue to network at regular TIE events and

derive satisfaction by nurturing aspiring entrepreneurs.

TiE AtlantaIt was the year of peaks for the Atlanta Chapter of TiE. Over 70 Charter Members and 500 members participated in or attended the

largest number of events in 2010. Revenue from the three primary stakeholders hit all time highs: Charter Member Dues, Sponsorship

and Membership. Continuity in leadership exhibited itself clearly in Atlanta’s stellar performance, and TiE Atlanta won the “Most

Effective Leadership Transition” for the year. Their executive team expanded to 11 committees entirely led by volunteers. In early

2010, TiE Atlanta launched the Global TYE program to work actively with universities and high schools and reach out to budding,

young entrepreneurs in order to extend the resources of TiE Atlanta to them. Their blockbuster event “TiE Atlanta Entrepreneurial

Summit” (TES) was held in July 2010. (see Blockbuster events) In October 2010, serial entrepreneur Michael Coles ignited the

audience, and TiE Entrepreneurial Awards were awarded at this gathering. The Georgia Institute of Technology and Georgia State

University kicked off the TiE Atlanta University initiative holding three networking events with powerful panels. The Chapter

launched the Technology Media and Telecom (TMT) SIG and has a

robust social media program, effectively connecting the Atlanta

community.

TiE AustinTiE Austin co-hosted their annual Texas

Funding Forum, jointly with TiE Houston.

This successful event showcases early

stage entrepreneurs who make business

pitches to VCs, bankers and lawyers. TiE

Austin was able to energize their

member community and with the launch

of the TYE program for young high school

students. TiE Austin featured engaging

events such as Mentoring Roundtable,

India Innovation Connect, and promoted

the 1M/IM Strategy Roundtable for

entrepreneurs. In 2011, they partnered

with RISE, as an in-kind sponsor for

speakers, venue, and marketing.

TiE Atlanta leaders at their Gala event

TiE Atlanta

Summit, 2010

TiE Austin introduced the TYE program this year


CHAPTER HIGHLIGHTS

TiE BostonThe TYE program that began in Boston in 2005, is now a global

program running in 3 different continents. Chief Guest, Jaishree

Deshpande announced the 2010 winners where Enerlyze, an energy

demand management solution won the first prize. TiEcon East

presented several upcoming startups and inspirational speakers

(see Blockbuster events).

At the Leaders & Legends Energy Summit held in partnership with

the Rock Center of Entrepreneurship at Harvard Business School,

Desh Deshpande spoke about his new role as co-chair of President

Barack Obama’s National Advisory Council on Innovation and

Entrepreneurship. Prof. Robert Langer of MIT, spoke at their Leaders

and Legends series. TiE-Boston one day conference ForSE (Forum

for Social Entrepreneurs) was held at the Northeastern University

on Oct 30, 2010. 250 participants were present at the conference.

New at ForSE this year was a Social Enterprise Bazaar which saw participation from social enterprises like Moms & Jobs, Project

Have Hope Uganda, and more. Chief Guest for the annual Gala held at the National Heritage Museum was Nitin Noria, Dean,

Harvard Business School. Among new programs launched in 2010 were TiE LaunchPad Workshops, TiE Cafe and TiE Angels.

They hosted 35 industry focused events, CXO Forum, VC Outlook Dinner and saw close to 1500 attendees for their events. With a

packed year for their membership, it is only fitting that TiE Boston won the “Chairman’s Award” this year.

TiE CarolinasIn 2011, TiE Carolinas will be hosting the TYE Final Competition at

Research Triangle Park, North Carolinas. The TYE program launch

has energized membership and connections with the larger

community. TYE focuses on high school kids and provides mentoring

for a business competition. The TiE Velocity program consists of

CMs forming multi-disciplinary teams with complementary areas

of expertise providing greater value and mentoring to TiE members.

The Woman’s forum of TiE Carolinas supplements existing programs

by emphasizing a woman’s perspective. They also collaborated with

other organizations such as IBM to feature entrepreneurship and

innovation events.

TiE DallasTiE Dallas held TiEcon Dallas in October, 2010 (see blockbuster events). The Chapter started TWINE, a women’s initiative which

gathered momentum. The team connected regularly with Silicon Valley chapter, and featured new and upcoming entrepreneurs.

TiE DetroitThe Detroit chapter has a total of 85 members, who are

entrepreneurs and corporate executives with an interest in

entrepreneurship. TiE Detroit saw a rapid development of the

chapter resulting in an increase in membership by 54 this year. TiE

Detroit Chapter has many enterprising individuals who have come

together to build a vibrant robust environment dedicated to

fostering entrepreneurial talent.

The chapter ’s signature event, T iECon Midwest 2010 was a

blockbuster of the year 2010. (see Blockbuster events). The Chapter

also focused on team building, organized membership and

sponsorship drives and also formed partnership with universities,

government agencies and media.

The TiE Detroit- Renewable & Clean Energy Special Interest Groups

(SIG) contributed positively in attracting interest to this important

issue. The Chapter successfully reached out to entrepreneurs from

diverse sectors. Social media channels were effectively used to

promote TiEcon and other events, and discounts with members and

fans, resulting in high attendance. A strong and effective email

campaign was carried out that reached over 10K entrepreneurs,

businesses, members and guests. They also partnered with

business, academic and non-profit organizations to aggregate news

items and promote TiECon to extended networks

Startup Leadership 2010 Graduation

TYE Winning team with Sponsor Wachovia

Tel Ganesan, Chapter President

during TiEcon Midwest 2010 with

panelists; Kanwal Rekhi was one of

the keynotes at the event


CHAPTER HIGHLIGHTS

TiE FloridaTiE Florida revamped the Chapter, and the new board and management are committed to keep an ongoing momentum. They

hosted events on clean energy, cloud computing, venture capital and angel investing, issues impacting capital markets and a host

of other topics covering many industry sectors.

TiE HoustonTiE Houston hosted events that were varied and versatile – with nearly 10 SIG workshops, Young TiE and the TiE Texas Funding

Forum. Monthly workshops were held on topics ranging from Networking to Online Marketing. TiE Texas Funding Forum co-hosted

with TiE Austin, attracted 55 business plans, in a short span of 3 weeks from over 10 cities in Texas. Their outreach efforts at 2

premier educational institutions, University of Houston and Rice University helped to increase visibility on student campuses in

Houston.

TiE MidwestTiE Midwest or Chicago Chapter promoted several entrepreneurial events in the community. They partnered with Entrepreneur

Bash for The Great Lakes Entrepreneurs Bash. They joined hands with midVenturesLaunch, an opportunity for early stage startups

seeking funding, as well as Chicago Innovation Awards. The Chapter works closely with the universities, and promoted the India

Leadership summit organized by the University of Chicago Booth School of Business as well as Kellogg India Business Conference.

The team organized “Inventive Entrepreneurship series” celebrating Chicago’s growing startup community. They also continued

their Leaders and Legends and CEO Roundtable sessions.

TiE MinnesotaDuring the year, Minnesota Chapter conducted a series on “Savvy Entrepreneurship”. The year saw a host of events to assist and

offer guidance to entrepreneurs in the community. One such event was “Minnesota’s Opportunity –Building a Global Competitive

Advantage, Fostering Start-ups, Accessing Financing” and “The Twins-of-Change - Disruptive Opportunities in Science and Technology

for Minnesota Leadership”. Other events for their membership addressed Healthcare sector, Financing, Doing Business in India,

among others.

TiE New Jersey-PhiladelphiaTiE New Jersey conducted several My Story sessions with successful business leaders. The educational events for membership

included topics such as “Building a business from scratch” and “Opportunities for high growth”. The Chapter also conducted a few

Roundtable mentoring sessions. The team featured PK Agarwal, CEO of TiE Global at their regular informal CM get-togethers. They

partnered with TiE Tristate in 2011 to promote Tiecon Greater New York.

TiE OhioTiE Ohio benefitted under the leadership of Richard Herman,

chapter president and author of “Immigrant Inc. – why immigrant

entrepreneurs are driving the local economy.” TiE Ohio was one

of the leading chapters which forayed “TiEQuest” – a business

venture competition developed by TiE Toronto and promoted by

TiE Global as one of the more impactful and robust mentoring

cum startup recognition programs. TiE Ohio also organized the

first annual International Entrepreneur awards, recognizing

international entrepreneurs and businesses helping to shape

the business landscape in TiE Ohio. TiE Pittsburgh and TiE Ohio

collaborated and featured several informative events such as

“Angels changing their wings” on angel views on life sciences

and biotech fields. TiE Ohio continue to partner with local

libraries to provide educational series for professionals and

budding entrepreneurs.

TiE OregonTiE Oregon hosted an average of 2 events per month, and delivered

great value to their membership with events on clean energy,

bootstrapping, semiconductor industry, social media, etc. They

featured several inspirational stories on Wikipedia and Groupon,

among others. They held several sessions on educating

entrepreneurs such as “Starting up – the open source way”, “Close

funding capital”, “A guide to successful entrepreneurship -

Bootstrapping your startup”, etc. The Chapter has a strong focus

on mentorship program and conducts programs on 3 SIGS – clean

energy, life sciences and software and internet.

TiE Ohio International Entrepreneur Awards ceremony

Cleantech delegation with Oregon mayor Sam Adams & Arun Joshi, President,

TiE Oregon


CHAPTER HIGHLIGHTS

TiE OttawaTiE Ottawa hosted an average of 2 events per month, and conducted several seminars and workshops entrepreneurs and

professionals. They held events specific to the local community such as “Building Global Partnership – the winning strategy for

Canadian companies” and “Shaping Canada’s Clean tech future”. The Chapter actively collaborates with TiE Boston and participates

in Boston’s flagship event, TiEcon East. The Ottawa team continued to host their annual TiE Ottawa Golf and regular networking

mixers.

TiE RockiesTiE Rockies re-engaged their charter membership to take leadership roles at the Chapter. The team focused on educating their

membership on investment opportunities in Asia with “Connect Asia” and “Access China Panel”. They held educational sessions

for entrepreneurs such as “Revenue Growth Model” and “Business skills training”. They held an innovative event at an Avalanche

Hockey Game, featuring Ashok Rao, current chairman of TiE Global and movie producer. The Chapter has a focused mentoring

program with group mentoring and individual sessions. They also organized “Mentorfest” and “Mastermind” sessions focused

on networking and building relationships within the Chapter.

TiE SoCalTiE SoCal held several events, in addition to hosting TiEcon SoCal in October. They featured Dr. Deepak Chopra, world renowned

author and spiritual guru at TiEcon (see blockbuster events). The team organized several CM meetings, such as Lakers Games,

AR Rehman concert, brunch with Gurcharan Das. Currently they have 10 SIGs including Finance, Franchise, Green, Health, Hospitality,

Media/Entertainment, Real Estate, Retail, Services and Technology.

TiE TristateThe new leadership at T iE Tristate played an active role in revitalizing the Chapter. The Chapter leadership and Executive

Committee continued their monthly Finance SIGs with several panel sessions on Venture Capital and Private Equity Investing in

India. They organized events on renewable energy, real estate and the healthcare industry. In March 2011, they organized their

TiEcon “The Role of Capital in Entrepreneurship” (see blockbuster events). The team continued with Mentor’s Circle, an initiative

to connect entrepreneurs with their CM network. They collaborate regularly with several organizations such as IIT Alumni.

TiE PittsburghTiE Pittsburgh conducts “Business Mentoring Roundtable” sessions to advise and mentor burgeoning companies from the Pittsburgh

region. Partnerships to aid their mentees were developed with Innovation Works and other technology incubators. Quite a few of

their 2008 mentees were successful and were invited to be session presenters at the 2009 Entrepreneurs Base Camp,

TiE-Pittsburgh’s flagship event. “Entrepreneurs Base Camp”, a platform where entrepreneurs and first time CEOs share their

knowledge and challenges showcases budding new ventures. TiE Pittsburgh regularly collaborates with TiE Ohio and held a joint

event on angel funding for life sciences and bio-tech startups.

TiE San DiegoTiE San Diego celebrated their 10th anniversary in 2010 with a

Gala at the Hotel Del Coronado (see blockbuster events). The

team also invigorated the Chapter by instituting TYE program

locally. Unfortunately, the Chapter lost one of their most luminary

CMs – Prof. CK Prahalad, and paid tribute to him and his family.

The Chapter began organizing “TiE Institute” educational events

such as “Term Sheets – and how they define a startup’s structure”

and “Commercializing Entrepreneurship – from University to the

marketplace”. They held events on cleantech, life sciences and

semiconductor industry among others.

TiE SeattleTiE Seattle continued to energize their member community with

TYE program, a $10K business plan competition for high school

students. The team held a wide variety of programs on cleantech,

lifesciences, social media, cloud computing and mobile

technology. They organized several educational breakfast

sessions such as “Next steps after a business plan” and

“Business plans – finding the flaw” held by serial entrepreneurs.

TiE Silicon ValleyTiE Silicon Valley’s flagship event, TiEcon drew entrepreneurs

and professionals from all walks of life. Other than their star

conference, they held regular events and programming for the

Chief Guest Aneesh Chopra, Marshall Goldsmith and others at

San Diego Gala

Event at Computer History Museum


CHAPTER HIGHLIGHTS

benefit of their membership. They held popular “TiE Institute” sessions,

such as “Founder to a Successful CEO: Mastering the Transition” led by

Naeem Zafar, Professor at Haas School of Business, Berkeley University, and

How to Market yourself in Any Economy by Dilip Saraf, Career and Life Coach.

They organized “My Story sessions” featuring founders of successful startups,

and continued industry focused events on Cleantech and Lifesciences. They

successfully partnered with leading associations in the Bay area, such as

GigaOM, OPEN Silicon Valley,

GABA and SAMBAA. The Chapter

launched “TiE Angels”, an angel

investment group formed by

their CMs to support top-tier

startups with early stage

investment and support. The

team conducted special events

with their sponsors - Sierra

Ventures, IBM, and Pillsbury.

Throughout their programming,

they were able to successfully

engage their sponsors and

charter members.

TiE TorontoTiE Toronto organizes TiEQuest, a successful business venture

completion each year (see Global Initiatives). TiE Toronto

organizes regular breakfast seminars on “Doing Business in

India”. They organized “TiE Entrepreneurial Forum” sessions

where successful entrepreneurs narrated their journeys. They

organized an evening with Azim Premji, founder of Wipro and

one of the 25 most powerful business leaders outside the US

(Fortune magazine, August 2003). They laid emphasis on their

Mentoring Program, which has been paying rich dividend with

consistent number of success stories from the Chapter. Their

chapter financials have been consistently sound. Due to a wide

range of sponsors including investment funds, corporations,

universities and government agencies, they have a healthy

surplus today. They continued their partnerships with Rotman

Entrepreneurship Association at University of Toronto, Canada

India Foundation, and Ontario Chamber of Commerce among

others.

TiE VancouverTiE Vancouver focused on engaging their membership and were able to attract top sponsors such as Colliers International, KPMG

and Deloitte, among others. The team also organized events on Opportunities in India. They hosted their annual summer

barbeque, a networking opportunity for current and new members to learn about TiE.

TiE Washington DCTiE DC leveraged its strategic location, and the Chapter featured several important business and political leaders. They featured

David Rubenstein, co-founder of the Carlyle Group. They also invited prominent DC charter member - Vivek Kundra, federal CIO to

speak to members and guests, who shared governmental program and funding available for entrepreneurs. The team promoted

an event with Dr. Muhammad Yunus, Nobel Peace Prize winner to feature his new book “Building Social Business”. The team

promoted Global Fairness Initiative with Secretary Clinton and SEWA (self-employed women’s association) founder. Over the year,

they organized unique events on healthcare, mobile opportunities, digital content among others. The team continued to attract

top-brass CMs and engaged membership with stellar speaker events.

South Asia

TiE AhmedabadAhmedabad Chapter was able to attract stellar sponsors such as Zydus Cadila, Sintex and other top local companies in their

region. Their organized educational events on “How to write a business plan” and “Legal aspects of starting a business”. They

featured “My Story sessions” on several top business entrepreneurs including R Sriram, cofounder of Crossword bookstores,

Pradeep Gupta, chairman of Cybermedia group, Milan Patel, MD, Troikaa Pharmaceuticals, and Kaushal Mehta, founder of Motif

Infotech. TiE Ahmedabad hosted their events at the Amity campus and benefitted from an excellent location and partnership.

Panel Session with

Dan’l Lewin, Microsoft

TiE Silicon Valley team organizes

annual TiEcon conference

Launch of TiEQuest 2010 Business Competition


CHAPTER HIGHLIGHTS

TiE BangaloreTiE Bangalore is one of the largest chapters in the TiE Network with over 100 CMs and 800 members. The Chapter organized several

networking events, mentoring sessions, exclusive CM events and sponsor focused events. They held Guru Talks with Manish

Sabarwal, expert on staffing and talent creation and Chetan Maini, Chief of Strategy and Technology at Mahindra Reva Electric

Vehicles. Some of their educational events were “Crafting an Elevator Pitch”, “Legal Basics for Startups”, The EAP (Entrepreneurship

Acceleration Program) continued to identify and assist entrepreneurs with their new ventures. Their “Kaun Banega Entrepreneur”

program provided an opportunity for their membership to ideate on a startup idea and experience the thrill of forming a company.

The held regular meetings on industry segments in Cleantech and Education.

TiE BhubaneshwarThe TiE Bhubaneshwar Chapter was formally approved by the Global Board of Trustees on February 2011. Bhubaneshwar is the

capital and largest city of the north-eastern state of Orissa. The Chapter was launched with 25 charter members, the core team that

supports the development of the Chapter.

TiE ChandigarhTiE Chandigarh hosted several events including Mentoring Camps, deal flow meetings, panel discussions, and CEO forums with

prominent TiE CMs. They organized a Corporate Enclave in partnership with AIESEC, the world’s largest student-run organization

titled “Global Edge: Role of Global Talent in Organizations”. Their annual conference cum expo “e-Revolution 2010” aims to

present the status of ICT in the Punjab & Chandigarh region. They organized a “SmashUP!” session covering startup issues such as

harnessing creative energy, product showcases, networking opportunities, etc. The team organized “TiE over coffee” and “CEO

forum” with business leaders such as Sridhar Iyengar (Bessemer Partners), Pradeep Gupta (chairman, Cybermedia), Amit Rathi,

Sandeep Goyal (chairman, Dentsu India) and R. Paul Singh. They organized collaborative events with Nasscom and ISB School, as

well as educational features on solar energy and social media.

TiE ChennaiTiE Chennai saw higher levels of energy and activity, membership and

visibility. During the year, 13 new Charter members and 152 new members

joined. Over 50 events were held during the year, included monthly events,

My Story sessions, Meeting with Venture Capitalists, etc. TiE Chennai’s

flagship - TiEcon Chennai 2010 - was an outstanding success and got

excellent press coverage in print and TV media. (Blockbuster events)

One of the most successful and widely attended events was the

“Unconference”; which covered number of topics chosen by the

participants at the start of the Unconference. A new industry group on

“Startups” was created to address the needs of start-up companies in

multiple disciplines of finance, marketing, HR and business modeling.

The team launched a series of “TiE Institute” workshops. A Charter

Member retreat was organized in August, at a resort near Pondicherry.

Taking the baton from R. Ramaraj, Lakshmi Narayanan, an iconic business

leader took on the reins of the Chennai Chapter.

TiE CoimbatoreTiE Coimbatore was launched on November 22, 2010, with keynote address

by PK Agarwal, CEO of TiE Global and Kanwal Rekhi, TiE Global brand

ambassador. Coimbatore is the second largest industrial city in Tamil

Nadu, after the capital Chennai, and is known for their textile and

manufacturing industries. TiE Chennai Chapter played a significant role

in the launch of the new Chapter.

TiE DelhiTiE organized a lunch meeting with Sir Andrew Cahn, Chief of UK Trade &

Investment (UKTI). TiE Delhi-partnered with “SmashUP!”, a startup conclave

organized at IIT Delhi that saw more than 300 early stage entrepreneurs,

angels, VC’s and mentors. TiE Delhi-NCR began the TYE Global program

focused on inspiring & educating students on different facets of

entrepreneurship. They hosted “iWeekend”, where budding entrepreneurs

come together to ideate, their startup in one weekend. The annual Retail

Summit and the HR Summit attracted large audiences. Other activities

included Face2face Sessions where CMs interact with a small group of

members on their area of expertise; Member Mixers, industry focused

events, mentoring clinics, and Knowledge Series sessions were the other

regular fixtures on the calendar that had over 40 events in 2010 culminating

with the pan India TiE Entrepreneurial Summit 2010 attended by over 2300

people (see Blockbuster events).

TiE Chennai leaders at TiEcon 2010

Global Sponsor Microsoft at

Delhi Summit

Chanda Kochhar, MD & CEO

(ICICI Bank) at TiE Summit, Delhi


CHAPTER HIGHLIGHTS

TiE Kerala Monthly Meeting

TiE HubliAs a new Chapter, TiE Hubli chapter was on fire organizing excellent events over the year, and activating the social media

platforms and networking avenues. T iE Hubli Chapter started a unique initiative called “Corporate Olympiad”, to bring more

interaction and cohesiveness amongst organizations in the community including Deshpande Foundation, Sankalp Semiconductors,

NS Infotech, Navya Biotech, KLE’s IMSR College, among others. Several business leaders were invited as speakers to this small,

but bustling chapter. Some of the speakers included Captain Gopinath, Subroto Bagchi (vice chairman, Mindtree Ltd., Geetha

Ramamurthy, Madhusudhan Atre (president & MD, Applied Materials India), Dr. Desh Deshpande, , a stalwart of their chapter was

felicitated on account of his being inducted as Co-Chairman for U.S. President Barack Obama’s National Advisory Council on

Innovation and Entrepreneurship. They benefitted from good partnership with Deshpande Foundation and KLE’s IMSR MBA

College. The team inaugurated their Women’s entrepreneurship wing known as “WE TiE”.

TiE HyderabadTiE Hyderabad hosted their annual flagship event, “TiE-ISB Connect”, a networking forum for entrepreneurs and investors (see

Blockbuster events). They held a Travel and Hospitality summit, with a stellar all-India panel discussing the entrepreneurial

opportunities and growing travel industry. The team also organized events on cleantech, healthcare, venture funding, education,

among others.

TiE IslamabadTiE Islamabad Chapter continued with their program on “Cyber Entrepreneurs” to train members to capture online business

opportunities. They held events on communication skills and personal development. In 2011, they hosted a “Development

Dhaba” featuring exciting new technologies for corporate development. They also partnered with Bahria University to host a

Business Idea competition, where TiE CMs would judge ideas presented by university students.

TiE KarachiTiE Karachi’s hosted sessions on online business opportunities, social media. Naeem Zafar, Professor of Entrepreneurship at

University of Berkeley and TiE charter member hosted a session on “Ultra-bootstrapping”.

TiE KeralaTiE Kerala Charter Members took a delegation to Sri Lanka

to explore the business opportunities in a variety of sectors

including Tourism, Healthcare, Education, Agriculture and

IT & BPO sectors. The team had discussions with Sri Lankan

Minister of Industry and Commerce, diplomats and

Government officials, and CEOs of premier Sri Lankan

companies. A positive outcome of the visit was “Signing

of an MOU with FCCISL” to expand their business

relationship with their counterparts in each country. It

aims to contribute to the development of economic

relations between India & Sri Lanka through regular

exchange of information, on joint ventures, foreign

investments, transfer of technology and supporting

bilateral collaborations. The MOU was signed by TiE Kerala

President, Murali Gopalan and FCCISL President, Kosala

Wickramanayake. All TiE chapters can directly get in touch

with FCCISL and derive benefit from this agreement.

TiE KolkataIn January 2011, TiE Kolkata held their signature event “TiEger”, to recognize achievement of Bengal’s entrepreneurial tigers, and

also to instill the fire in budding entrepreneurs. Prominent keynote speakers were Captain Gopinath, Deccan Airlines and

Kanwal Rekhi, co-founder of TiE Network. (see blockbuster events) At the conference, 14 promising startups were identified and

mentored; and the winning business plan received the “TiEger Cub Award.” The Chapter also conducted a workshop in partnership

with IIT Kharagpur on “Global Venture Labs”.

TiE LahoreTiE Lahore organized a thought-provoking “TiEcon 2010 Pakistan- Unleashing Change” in partnership with TiE Karachi and TiE

Islamabad. The Chapter organized several “My Story” sessions aimed at motivating young entrepreneurs. Some of the featured

business leaders and entrepreneurs were Razak Dawood (chairman, Descon group), Fawad Zakariya (VP, SAP Global ecosystem).

TiE Lahore has partnerships with local universities such as Lahore University of Management Sciences, Lahore School of Economics

and University of Central Punjab.


CHAPTER HIGHLIGHTS

TiE MumbaiIn the first quarter of 2011, TiE Mumbai organized TiE Entrepreneur Summit,

a grand event featuring top speakers. TiE Mumbai successfully conducted

over 65 events and programs during the year. They held several educational

programs for their members from TiE Institute to Idea Validation Hotline,

Investor Forum and Business Builder Breakfast. They held speaker events

with Anu Aga (former chairperson of Thermax Group), Harsh Mariwala

(chairman & MD, Marico Ltd.), Patrick Turner (Professor of entrepreneurship

at INSEAD). In 2011, they continued speaker events with Muki Regunathan,

mentor and CM at TiE Bangalore and Sramana Mitra. They continued their

India-wide TiE Stree Shakti program, providing an enabling platform for

Women Entrepreneurs. The team initiated a Young Enterprising Indians

program in select schools, similar to the Global TYE program. They held

several educational programs such as “Branding for Success”, “Leveraging

debt funding for growth”, among others.

TiE NagpurTiE Nagpur hosted several exciting programs featuring entrepreneurs from various industry verticals. It organizes a monthly “TiE

Over Coffee” event showcasing successful entrepreneurs, “My Story” sessions featuring distinguished speakers and many CM

networking sessions. It featured its first TiEcon in early 2011.

TiE PatnaTiE Patna’s focus had been towards entrepreneurs in IT services, software, tourism, hospitality and education fields. By leveraging

TiE network, they have worked towards attracting investment into the region. TiE Patna benefitted by the leadership of Irfan Alam,

founder of non-profit organization Samman, which has begun to empower rickshaw pullers and aims to alleviate poverty in the

state of Bihar in India.

TiE PuneTiE Pune focuses on IT, education, biosciences and manufacturing sectors. Events typically constitute “My Story Sessions” by

exemplary entrepreneurs, dedicated workshops on entrepreneurship best practices and regular interaction amongst CMs to

implement the TiE model.

TiE RajasthanTiE Rajasthan hosted the White House delegation to support on education, technological improvements, infrastructure and

energy efficiency to address shared social and economic concerns. The delegation included Aneesh Chopra, Alec Ross, Advisor to

the Secretary of State for Innovation, TiE charter members Neeru Khosla, CK 12 Foundation, Naren Bakshi TiE charter member,

among other diplomats, senior corporate management, foundation administrators among others. This year, the Rajasthan team

held a session with Jeff Tobe, author of “Coloring outside the lines” on developing a creative mindset at the workplace. They held

events relating to special economic zones, solar energy and mentoring.

TiE UPTiE UP works closely with a premier school, IIT Kanpur and other institutes to educate and mentor the student community. The

team has focused on social entrepreneurship and is working with the local municipality to improve the regional conditions with

“Parivartan”, a program to improve the business environment for budding entrepreneurs.

Europe

TiE BrusselsThe TiE Brussels Chapter caters to the Flanders region in the heart of Europe. The Chapter had its formal launch on April 2010, with

Ashok Rao, TiE Global chairman as guest speaker.

TiE ManchesterTiE Manchester had a eventful 2010, conducting 2-3 events a month with inspiring speakers. The Chapter has 150 general members

and 20 Charter Members. “TiE Institute” educational workshops Branding and Leadership, were conducted in partnership with

Manchester Business School were covered by TiE Charter Member, Vikas Shah, director of family firm, Swiscot Ltd. In May, Ashok

Rao, Chairman of TiE Global and former President of TiE Houston gave an inspirational talk on ‘Entrepreneurism’ to Business

leaders. Charter Members worked hard to provide a comprehensive mentoring service to its members and continually strive for

excellence participating in mentoring courses and discussions. TiE Manchester continue Outreach events in Preston & Liverpool.

TiE Manchester had a varied program of events including Breakfast Meetings Ladies Lunches, workshops and key note speakers.

TiE NordicThe team in TiE Nordic organized a host of events for their membership. They partnered with several entrepreneurial organizations

in their local area to maximize their outreach. These included Stockholm School of Entrepreneurship, Open, Seed Forum, Connect

Denmark, among others. The team also presented several inspirational and educational sessions to hone professional skills.

Rajiv Bajaj, MD, Bajaj Auto & K.V. Kamath, Chairman, ICICI Bank

at TiE Summit, Mumbai in March 2011


CHAPTER HIGHLIGHTS

Charles Kovess, an inspirational speaker at TiEcon Australia 2011

TiE UKTiE UK launched a joint program with the British Library where entrepreneurs can

utilize the state-of-the-art facilities and have access to an on-site mentor. The

chapter continued to gather momentum in the community with TYE program (TiE

Young Entrepreneurs) for young high school students. They hosted TiE Institute

sessions with education leaders from London Business School, and serial

entrepreneurs amongst their charter members. The team organized an

“Entrepreneurship Bootcamp” that touched on the most crucial aspects to a young

enterprise – financing, marketing & branding, and scaling your

business. They hosted TiEger’s Den Business Pitch Competition,

in association with London Business School, entrepreneurs

with promising ideas and business plans the opportunity to

pitch to a panel of investors and successful entrepreneurs.

Through partnerships with Cass Business School, London

Business School, Microsoft, and the British Library among

others, TiE UK continues to expand its support for entrepreneurs.

The chapter hosted a total of 60 events in London and

Manchester combined.

TiE DubaiTiE Dubai has emerged as an important partner of the UAE government in business promotion and in attracting investment as

well as new ventures. They co-hosted last year – the GITEX Technology Week conference, covering Global and Regional Trends/

innovation in Mobile Applications and market opportunity for Mobile Advertising.

TiE MalaysiaTiE Malaysia hosted TiE Asia Pacific Conference (APAC) jointly with TiE Singapore (see blockbuster events). They collaborated with

Plug n Play Malaysia to host an event “Innovation led Economy” and Bursa Malaysia networking meets which provided a forum for

CMs, members and sponsors alike.

TiE MauritiusTiE Mauritius is working towards addressing needs of their community in finance, travel and hospitality industries.

TiE SingaporeTiE Singapore witnessed positive growth in its CM and membership base. The level of engagement of CMs was high and mentoring

is on the rise. They were able to attract young and energetic professionals with a range of events, and offerings. They held

discussion sessions on managing multi-cultural teams and employee engagement. They held appealing events with Madhur

Bhandarkar, Bollywood director and Indian Premier League as coaches of KKR and Punjab Kings. They covered several topics such

as city planning and development in “Shaping a city of distinction”. Alliances forged with BANSEA (Business Angel Network of

South East Asia) and the Singapore National University were further reinforced over the year. They collaborated with SMART

Innovation Center and MIT Deshpande Center for Technological Innovation to showcase lessons learnt at MIT.

TiE TokyoTiE Tokyo revamped management, and are restructuring the organization in line with TiE philosophy and structure.

TiE MelbourneTiE Melbourne embarked on a structured mentoring program, connecting experienced CMs with members and the program is

delivering positive results. The team hosted Tiecon Australia 2011 in January (blockbuster events). The Chapter conducted several

Skills workshops and highlighted successful Entrepreneur stories for their membership.

TiE SydneyTiE Sydney collaborated with the New South Wales government

to host variety of informative sessions, The team organized

lectures on the “Essence of marketing”, present a report on ICT

industry by Nasscom, Greentech. In October, they held TiEcon

Australia 2010, featuring prominent entrepreneurs and VCs,

jointly with TiE Melbourne. The new year 2011 has started with

a bang, and their board members and CMs are more engaged

and committed to driving their Chapter than ever before, with a

full year’s agenda of upcoming events.

Investment

Speed Pitching

Event at TiE UK

Mentoring Dinner

at Imperial Business

School, London


TiE CHAPTER DIRECTORY

AMERICAS

WEST COAST

SILICON VALLEYTiE Silicon Valley

Silicon Valley, CaliforniaVish Mishra, President

[email protected]

Kiran Malhotra, ED

[email protected]

http://sv.tie.org, http://tiecon.org

LOS ANGELESTiE SoCal

Los Angeles, CaliforniaNavneet Chugh, President

[email protected]

Aayush Modi, Interim ED

[email protected]

http://socal.tie.org

SAN DIEGOTiE San Diego

San Diego, CaliforniaPatrick Berry, President

[email protected]

Preeti Purohit, ED

[email protected]

http://sandiego.tie.org

OREGONTiE Oregon

Portland, OregonArun Joshi, President

[email protected]

Lakshmi Jagannathan, ED

[email protected]

http://oregon.tie.org

COLORADOTiE Rockies

Denver, ColoradoVic Ahmed, President

[email protected]

Carla Dowell, ED

[email protected]

http://rockies.tie.org

SEATTLETiE Seattle

Seattle, WashingtonSunil Shah, President

[email protected]

Rohit Mathur, ED

[email protected]

http://seattle.tie.org

ARIZONATiE Arizona

Phoenix, ArizonaSteven Stalser, President

[email protected]

Sara Amodio, ED

[email protected]

http://arizona.tie.org

VANCOUVERTiE Vancouver

Vancouver, CanadaVik Khanna, President

[email protected]

http://vancouver.tie.org

NORTH-EAST

BOSTONTiE Boston

Boston, MassachusettsAl Kapoor, President

[email protected]

Vanita Shastri, ED

[email protected]

http://boston.tie.org;

http://tieconeast.org

NEW JERSEYTiE New Jersey

New JerseyJaswinder Chadha, President

[email protected]

Shalini Mohan, ED

[email protected]

http://nj.tie.org

NEW YORKTiE Tri-State

New York, New YorkGautam Advani, President

[email protected]

Sacha Freemon, ED

[email protected]

http://tristate.tie.org

PITTSBURGHTiE Pittsburgh

Pittsburgh, PennsylvaniaRazi Imam, President

[email protected]

Berni Bishop, ED

[email protected]

http://pittsburgh.tie.org

WASHINGTON DCTiE DC

Washington DCSatya Akula, President

[email protected]

Steve Thomas, ED

[email protected]

http://dc.tie.org

OTTAWATiE Ottawa

Ottawa, CanadaBharat Rudra, President

[email protected]

Shekhar Prasad, ED

[email protected]

http://ottawa.tie.org

TORONTOTiE Toronto

Toronto, CanadaSuresh Madan, President

[email protected]

Karl Miranda, Interim ED

[email protected]

http://toronto.tie.org;

http://tiequest.tie.org

SOUTH-EAST

ATLANTATiE Atlanta

Atlanta, GeorgiaC N Madhusudan, President

[email protected]

Raj Palaniswamy, President Elect

[email protected]

Susan Stottlemeyer, ED

[email protected]

http://atlanta.tie.org;

tesatlanta.com; tieatlantagala.org

CAROLINATiE Carolinas

Raleigh, N. CarolinaSammy Haroon, President Elect

[email protected]

Georges Casimir, ED

[email protected]

http://carolinas.tie.org

FLORIDATiE Florida

Orlando, FloridaAli Ansari, President

[email protected]

Alpesh Patel, Interim ED

[email protected]

http://florida.tie.org

AUSTINTiE Austin

Austin, TexasJikku Venkat, President

[email protected]

Binitha Surendran, ED

[email protected]

http://austin.tie.org

DALLASTiE Dallas

Dallas, TexasNilesh Naik, President

[email protected]

Pratima Rao, Interim ED

[email protected]

http://dallas.tie.org

HOUSTONTiE Houston

Houston, TexasAdil Jafry, President Elect

[email protected]

Celeste Robertson, Interim ED

[email protected]

http://houston.tie.org

MID-WEST

DETROITTiE Detroit

Detroit, MichiganRupesh Srivastava, President

[email protected]

http://detroit.tie.org;

http://tieconmidwest.org

CHICAGOTiE Midwest

Chicago, IllinoisArjun Aggarwal, President

[email protected]

Maria Katris, ED

[email protected]

http://midwest.tie.org

MINNEAPOLISTiE Minnesota

Minneapolis, MinnesotaGopal Khanna, President

[email protected]

Lois Josefson, ED

[email protected]

http://minnesota.tie.org

OHIOTiE Ohio

Cleveland, OhioRichard Herman, President

[email protected]

Reka Barabas, ED

[email protected]

http://ohio.tie.org

INDIA

NORTH

DELHITiE Delhi

DelhiSanjeev Bikhchandani, President

[email protected]

Geetika Dayal, [email protected]

http://delhi.tie.org

RAJASTHANTiE RajasthanJaipur, RajasthanAtul Kapur, [email protected]

Priya Wadhera, [email protected]

http://rajasthan.tie.org

CHANDIGARHTiE Chandigarh

Chandigarh, PunjabPuneet Vatsayan, President

[email protected]

Shivneet Singh, ED

[email protected]

Sumeer Walia, Associate ED

[email protected]

http://chandigarh.tie.org


TiE CHAPTER DIRECTORY

UTTAR PRADESHTiE UP

Kanpur, Uttar PradeshGopal Sutwala, President

[email protected]

Vipul Mishra, ED

[email protected]

http://up.tie.org

EASTKOLKATATiE Kolkata

Kolkata, West BengalVasant Subramanyan, President

[email protected]

B Hari, President Elect

[email protected]

Munmun Banerjee, ED

[email protected]

http://kolkata.tie.org;

http://www.tieger.in

ORISSATiE Bhubaneshwar

Bhubaneshwar, OrissaJB Pany, President

[email protected]

Swosti Mishra, ED

[email protected]

PATNATiE Patna

Patna, BiharPrabhat Sinha,President

[email protected]

Irfan Alam, ED

[email protected]

http://patna.tie.org

SOUTHBANGALORETiE Bangalore

Bangalore, KarnatakaS.R. Gopalan, President

[email protected]

Ravindranath P, ED

[email protected]

http://bangalore.tie.org

CHENNAITiE Chennai

Chennai, Tamil NaduLakshmi Narayanan, President Elect

[email protected]

Srinivas Vishwanathan, ED

[email protected]

http://chennai.tie.org;

http://tieconchennai.org

HYDERABADTiE Hyderabad

Hyderabad, Andhra PradeshRamesh Byrapaneni, President

[email protected]

Col Ravi, ED

[email protected]

http://hyderabad.tie.org;

http://isb-connect.org

COIMBATORETiE Coimbatore

CoimbatoreK. Ilango, President

[email protected]

P.S. Haridas, ED

[email protected]

http://coimbatore.tie.org

HUBLITiE Hubli

HubliNaveen Jha, President Elect

[email protected]

Sasisekar Krish, ED

[email protected]

http://hubli.tie.org

KERALATiE Kerala

KochiMurali Gopalan, President

[email protected]

John Paul, President Elect

[email protected]

K. Chandrasekhar, ED

[email protected]

http://kerala.tie.org

WESTMUMBAITiE Mumbai

Mumbai, MaharashtraR. Sriram, President

[email protected]

Manak Singh, ED

[email protected]

http://mumbai.tie.org

AHMEDABADTiE Ahmedabad

Ahmedabad, GujaratKaushal Mehta, President

[email protected]

Anu Sutaria, ED

[email protected]

http://ahmedabad.tie.org

PUNETiE Pune

Pune, MaharashtraNavin Kripalani, President

[email protected]

Namita Shibad, ED

[email protected]

http://pune.tie.org

NAGPURTiE Nagpur

Nagpur, MaharashtraPrashant Godbole, President

[email protected]

Sachin Iyer, ED

[email protected]

http://nagpur.tie.org

MIDDLE-EASTASIA & PAKISTAN

DUBAITiE Dubai

DubaiPrashant K. Gulati, President

[email protected]

Deepak Padhmanabhan, President

[email protected]

Aparna Deshpande, ED

[email protected]

http://dubai.tie.org

ISLAMABADTiE Islamabad

IslamabadSarah Hashwani, President

[email protected]

Murtaza Zaidi, ED

[email protected]

http://islamabad.tie.org

KARACHITiE Karachi

KarachiSabeen Mahmud, President

[email protected]

Imtiaz Noor, ED

[email protected]

http://karachi.tie.org

LAHORETiE Lahore

LahoreMonis Rahman, President

[email protected]

Khadija Arif, ED

[email protected]

http://lahore.tie.org

FAR-EAST ASIAMALAYSIATiE Malaysia

Kuala LumpurDatuk Kuna Sittampalam, President

[email protected]

Parabvir Singh, ED

[email protected]

http://malaysia.tie.org

SINGAPORETiE Singapore

SingaporeKaran Singh Thakral, President

[email protected]

Kuldip Singh Dhaliwal, ED

[email protected]

http://singapore.tie.org

TOKYOTiE Tokyo

JapanTomoko Inaba, ED

[email protected]

http://tokyo.tie.org

EUROPELONDONTiE UK

London, UKStuart Nicol, President

[email protected]

Christine Spooner, ED

[email protected]

http://uk.tie.org

MANCHESTERTiE Manchester

Manchester, UKSunil Mohindra, President

[email protected]

Ann Jordan, ED

[email protected]

http://manchester.tie.org

STOCKHOLMTiE Nordic

Stockholm, SwedenPeder Jonsson, President

[email protected]

Hannes Dernehl, ED

[email protected]

http://nordic.tie.org

BRUSSELSTiE Brussels

Brussels, BelgiumMartin Hinoul, President

[email protected]

Reza Jaufeerally, ED

[email protected]

http://brussels.tie.org

AUSTRALIASYDNEYTiE Sydney

SydneyPathy Pathmanaban, President

[email protected]

[email protected]

http://sydney.tie.org

MELBOURNETiE Melbourne

MelbourneSaurabh Mishra, President

[email protected]

Monica McCarthy, ED

[email protected]

http://melbourne.tie.org

AFRICAMAURITIUSTiE Mauritius

MauritiusBaljinder Sharma, President

[email protected]

http://mauritius.tie.org


PHOTO GALLERY

Inspirational Speakers

Celebrating LegendaryEntrepreneurs

Chapter LeadersMeetings

Intimate Member Mixers

Committed Volunteers

Networking

Mentoring


TiE GLOBAL DIRECTORY

TiE GLOBALBOARD OF TRUSTEES (2011)Ashok Rao, HoustonChairman, TiE GlobalChairman & CEO, Whodini Inc.

Anil Khatod, AtlantaManaging Director,Argonaut Private Equity

Anil Kripalani, San DiegoPresident, WirefreeCom Inc.

Apurv Bagri, UKManaging Director, Metdist Group

Arjun Malhotra, Silicon ValleyChairman, Headstrong Corporation

Desh Deshpande, BostonChairman, Sycamore Networks

Gita Dang, DelhiFounder Director, Talent Advisory Services

Kanwal Rekhi, Silicon ValleyManaging Director,Inventus Capital Partners

Karan Singh Thakral, SingaporeExecutive Director,Thakral Group of Companies

Khalid Chowdhry, LahoreChairman & CEO, Medipak Ltd.

Mahavir Sharma, RajasthanCEO, Oscar Exports

Nandini Tandon, Silicon ValleyManaging Director, Lumira Capital

Nishit Kotecha, UKFounder, Sphere Partners Ltd.

Pradeep Gupta, DelhiChairman & Managing Director,CyberMedia Group

Puneet Vatsayan, ChandigarhCo-Founder, Mobera Systems

Raj Jaswa, Silicon ValleyCEO & President, Dyyno Inc.

TiE Global Trustees & Leaders (from L-R) - Vish Mishra, Shikhar Ghosh, Desh Deshpande, Kanwal Rekhi, Puneet Vatsayan, Anil Kripalani, Arjun Malhotra,Nandini Tandon, PK Agarwal, Khalid Chowdhry, Yusuf Sardari, Anil Khatod, Mahavir Sharma, Ravi Mantha, Ashok Rao.

Raj Judge, Silicon ValleyPartner, Wilson Sonsini Goodrich Rosati

Ravi Mantha, SingaporePortfolio Manager, Fidelity Investments

Sanjeev Bikhchandani, DelhiCEO, Naukri.com

Shikhar Ghosh, BostonProfessor, Entrepreneurial Mgmt.,Harvard Business School

Sunil Mohindra, UKSenior Partner,Mohindra Maini LLP Solicitors

Vish Mishra, Silicon ValleyVenture Director,Clearstone Venture Partners

SECRETARY & GENERAL COUNSELYusuf SafdariSenior Counsel,Pillsbury Winthrop Shaw Pittman LLP

TiE GLOBAL COMMITTEESGovernance Committee

Chair – Sanjeev BikhchandaniShikhar Ghosh, Seshan RammohanVijay Vashee, Khalid ChowdhryRaj Judge, Mahavir Sharma

Finance Committee

Chair – Puneet VatsayanNish Kotecha, Sanjeev BikhchandaniKaran Singh, Vijay VasheeAnil Khatod, Ravi Mantha

Marketing & Outreach

Chair – Vish MishraPradeep Gupta, Ravi ManthaAnil Khatod, Anil JainGita Dang, Parveen GuptaRaj Jaswa, Nandini TandonRaj Judge

Chapter Support

Chair – Anil KripalaniPradeep Gupta, Monis RahmanSunil Mohindra, Saurabh MishraMahavir Sharma, Melodie ReaganRaj Popli

CM Retreat

Chair – Karan Singh ThakralSanjeev BikhchandaniAnil Khatod, Vish MishraMahavir Sharma, Ravi ManthaNavneet Chugh, Amir Hudda

TiE GLOBAL MANAGEMENTPK AgarwalChief Executive [email protected]

Somnath ChatterjeeDirector, Global Initiatives &Chapter [email protected]

Yogesh AgrawalDirector, TiE Global [email protected]

Bridgett ComerManager, Finance & [email protected]

Mohini SuchantiManager, Communications& Chapter [email protected]

Andrew TjahyadiIT Operations [email protected]

TiE GLOBAL ADDRESS2903 Bunker Hill Lane,Suite 150, Santa Clara, CA 95054Tel: 408-567-0700Fax: 408-567-0777Website: www.tie.orgE-mail: [email protected]

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