entreprenuer

Will you like to know about the true Indian success story in the web 2.0 phase of Dot-com era? That honor goes to Scrabulous, a kind of reverse-engineered version of Scrabble created by India’s Rajat Agarwalla and his brother

VMDirect through a reverse merger is now a publically traded company (Symbol DFXN).

DigitalFX is a social networking and digital communications company. The Company develops and markets proprietary web-based social networking software applications, including video email, video instant messaging and live webcasting. DigitalFX bundles its proprietary applications with other open source applications and sells them as an integrated suite through an Internet-based subscription model. The Company's Web 2.0 communication tools enable users to create, transcode, send, manage and store all forms of digital media content (i.e., photos, videos, music, documents). These innovative social networking applications are scalable, customizable and highly extendible.

While researching for young entrepreneus as speakers for the Technopreneurship conference that ITVidya.com is putting together, I came across a impressive list of Asia's next generation of up-and-coming business leaders, all under the age of 25.

Some Indian names in the list include

- Darshan Hiranandani: Hircon International
- Dinesh Goel: Blue Ribbon Industrial

India has recently witnessed an upswing of entrepreneurial activism. In part due to an increasing urge to "go solo" and in part due to an improvement in available infrastructure, many people seek to start their own enterprise. However, this enthusiasm is tempered by inadequate availability of knowledge - knowledge of business requirements, of credit and banking facilities and of available service providers. The Micro-Entrepreneur Ecosystem (henceforth referred to as MEEco) is an effort to provide the required knowledge and nurture nascent projects.

MEEco will do this by providing an interface that will allow all the players involved in setting up an enterprise to interact with each other. These players include, but are not limited to, the entrepreneur, credit-lending institutions, third-party service providers and business domain specialists. Interaction like that which MEEco will provide will allow for free exchange of ideas and an iterative process that will help streamline the project idea brought under consideration and ensure its profitability. This concept will also allow the entrepreneur to focus her/his tasks on what is important for the project instead of spending time on mundane, albeit vital, tasks that can be executed after leveraging freely available knowledge and resources.