Funding

09 Aug 2007

Ex-Satyam Director Talks About His Startup Funding Experience

GB Prabhat talks about what made him leave his top position as a Director at Satyam, one of India’s biggest software companies, and take the hard route to entrepreneurship.

This particular edition will be of special interest to both entrepreneurs and to those who aspire to be one.

When he quit Satyam recently, he had helped grow its Enterprise department’s revenues to 200 million US dollars a year.

His new venture, Anantara Solutions, has gotten seed funding of $6.5 million US dollars from Helion Venture Partners, Walden International and Silicon Valley Bank. He talks about his experience in getting funding and also shares his advice to those wanting to jump into the entrepreneurship bandwagon.

Anantara focuses on Second Generation Outsourcing (SGO), a business paradigm that radically improves first generation outsourcing which is predicated primarily on cost arbitrage.

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