jump to navigation

Say It/Read It on “tolmolbol” March 30, 2007

Posted by Vijay in Business, Entrepreneurs, Social Networking, Startups.
3 comments

I love new startups. Heres one that seems to be doing well. Its called tolmolbol. Seems to be a site where you can share your Views and Reviews about places and build a social network as well.

An interesting concept that is aiming at Social Networking and possibly commerce at the neighbourhood level.

Check them out. Register

Interesting name. Found out about them through RP who left a comment on Startupreneur.

Bank with the Best March 7, 2007

Posted by Vijay in Bank of India, Banks, Business, Entrepreneurs, India.
9 comments

One of the things I have realized during my 3+ years of entrepreneurship is that you should not be fooled by glitz and glamour. In most cases (exceptions excluded), the glitz is meant to hide all the flaws underneath.

Nothing highlights this fact than the banking industry today. My best experiences have been with our Nationalized Banks. Granted there could be a few starting problems. But once you establish your credibility, the service levels are unmatched by anyone.

At my company we bank with Bank of India. Three years ago, they were the only Bank willing to give a small BPO company a break by giving us a loan for equipment and working capital facilities. During those three years, they have bailed us out of some tricky financial situations when payments from customers came in late and cash flows were tight.

What really impresses me about them was the human touch to their service right from the Bank Manager upto their Zonal office. Compare the same with some of the more market savvy International Banks and their computerized call centers.

I still remember Infosys CEO Nandan Nilikeni was the chief guest at a function last year to commemorate Bank of India’s 100th year. In his own words, the only people who gave Infy the time of day when they were growing were these very Nationalized Banks.

Give me a Nationalized Bank anytime.

As a small business you stand a better chance of success there.

Cross posted on Startupreneur

NeedGrub – Find your Food February 28, 2007

Posted by Vijay in Business, Entrepreneurs, India, Innovation, Internet, NeedGrub.
10 comments

A couple of days ago one of the comments by Sash on Bangalore Blues was about a website called NeedGrub that rates and reviews restaurants.

I checked out the site and it is cool. One one side it has restaurant reviews (hopefully more reviews and restaurants will get added as time goes on). The other cool thing I found was the integration with Google Maps to find directions. Looks like currently they have Chennai and Bangalore covered.

Try it out. Join up and contribute.

The Relevance of NASSCOMM February 9, 2007

Posted by Vijay in Brands, Business, Entrepreneurs, Issues, NASSCOMM, Trends.
3 comments

Years ago when the IT industry was still nascent and needed a voice,NASSCOMM provided a much needed boost by influencing Government policies, and building brand India.

Today, NASSCOMM mostly states industry facts that are already known, conducts award ceremonies, and summits. At least thats the way it appears to us.

Somehow the face of NASSCOMM has gone from the maverick organization that Dewang Mehta built to an organization that provides no value to the small companies. We can’t blame NASSCOMM for this. The world has changed.

In today’s Internet world we dont need NASSCOMM to point small businesses in the direction of opportunities. Most of us know our markets. The world is indeed flat.

So what is the value of NASSCOMM in today’s business world? Are organizations like TiE (The Indus Entrepreneurs) more useful? Do they need to re-brand and re-orient?