Mr. Sanjeev Bhikchandani, CEO, Naukri.com

Mr. Dan Sandhu, Chairman, Vertex (India)

Mr. Pankaj Sehgal, Director, Sun Group

Mr. Rajkumar Dubey, Dubey & Partners

The welcome address was delivered by Prof. C. D. Bhattacharya, Dean, FMS. Prof. Bhattacharya said that the world nowadays was characterized by the union of guts and glory. He also emphasized on how entrepreneurs must set themselves apart by their "passion to perform". Highlighting the entrepreneurial success of FMSites, he said, "Our mission is to be job-creators and not just job-seekers."

Mr. Dan Sandhu, Chairman, Vertex (India), high-lighted the immense entrepreneurial opportunities available within the Indian landscape and discussed several parameters affecting the same. He said, "India currently is the favorite destination in the world for an entrepreneur. The strong fundamentals of the Indian economy are the crucial drivers for innovation and growth momentum considering that India will be the third largest economy by 2050."

Mr. Rajkumar Dubey, Dubey & Partners, enlightened the audience on the legal intricacies involved in setting-up a new enterprise as well as important tenets concerning Intellectual property rights, arbitration, litigation et al in the Indian context.

Mr. Pankaj Sehgal, Director, Sun Group, elucidated the financial nuances of new ventures such as obtaining funding, debt and equity financing, angel investment, seed funding et al. He stressed on the need for greater synergy between academia and venture capitalists in India. He said that the main concern for any investor is to ensure "Clarity of Purpose" in relation to the proposition. This should be backed by sound valuation, assessment of market size, competition, product evaluation, business models, etc.

Mr. Sanjeev Bhikchandani, CEO, Naukri.com, enthralled the audience with stories about how naukri.com came to be founded. He said, "The best ideas are often in front of us. We only need to recognize them. Be different, be bold, be brave; but at all times be relevant." He offered his reflections on how great ideas are scalable and no task is too daunting to be achieved by the ambitious youth of India in today’s day and age.

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Contributed by -
Abhishek Sipani,
Associate Member, Media Relations,
FMS, Delhi.