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Tibet’s exiled spiritual leader Dalai Lama to visit Hyderabad on February 12

Telangana Chief Minister K. Chandrasekhar Rao will also attend the groundbreaking of the campus coming up over five acres of land

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Dalai Lama
Dalai Lama, wikimedia

Hyderabad, Feb 8, 2017: Tibet’s exiled spiritual leader Dalai Lama will lay foundation stone for new South Asia hub of Dalai Lama Centre For Ethics and Transformative Values here on Sunday.

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Telangana Chief Minister K. Chandrasekhar Rao will also attend the groundbreaking of the campus coming up over five acres of land.

According to an official release, Dalai Lama will also deliver a public talk on “Ethics, Values and Wellbeing”.

“We are truly excited to launch the South Asia Hub as a strategic site for designing and disseminating programs that are most relevant to the issues pressing humanity and its leadership in current times,” said Tenzin Priyadarshi, the Centre’s President and CEO.

“Since its inception 2009 at the Massachusetts Institute of Technology, the Centre has been a driving force in fostering individual and organisational ethics and value-driven leadership across diverse institutional frameworks,” he said.

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Leaders from eight countries across North and Latin America, South Asia and Central Africa have participated in the Centre’s ethics- and values-based transformative leadership programmes.

“We are honoured that The Dalai Lama Centre for Ethics and Transformative Values chose Hyderabad for its South Asia Hub.

“In the light of rapid transformations impacting India and the whole region, it is urgent to prepare present and future leaders for the work of serving their communities,a said state’s Industry Minister K. T. Rama Rao. (IANS)

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Microsoft Ready to Help Indian Startups, Says President Anant Maheshwari

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months

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microsoft
FILE - Microsoft Corp. signage is seen outside the Microsoft Visitor Center in Redmond, Washington, July 3, 2014. VOA

Armed with a cutting-edge technology platform, a well-established partner organisation and an expansion of M12 venture fund, Microsoft is ready to help Indian startups across the spectrum embrace the next phase of growth, Anant Maheshwari, President, Microsoft India, said here on Monday.

India, which saw a tremendous growth in the startup space in the last couple of years, is now witnessing a growth in the business-to-business (B2B) tech startups coming up with innovative ideas to deal with local problems.

“With our intelligent tech expertise, deep focus on trust and unique global go to market partnering, we empower unicorns and startups to scale sustainably at a global level,” said Maheshwari.

“We remain excited about India’s entrepreneurial startup potential and will continue to accelerate it as a growth engine for the economy,” he added.

India witnessed a dramatic rise of eight unicorns in 2018 from among the start-ups across verticals as against a mere nine in six years from 2011 till 2017, according to IT industry apex body Nasscom.

The start-ups joining the select club for their valuation over $1 billion are Oyo Rooms (hospitality), Zomato and Swiggy (food delivery), Udaan (retailer marketplace), Byju’s, (edu-tech), Paytm Mall (e-tail), Freshworks (software programmer) and Policybazaar (digital insurance).

Maheshwari said Microsoft is uniquely positioned to support Indian startups to achieve scale and evolve from market ready to enterprise ready.

Microsoft, Taiwan AI
A man walks past a Microsoft sign set up for the Microsoft BUILD conference at Moscone Center in San Francisco, April 28, 2015. VOA

The introduction of M12, Microsoft’s venture fund, in India in February is creating new value for startups, VCs and the company itself to maintain the pace and direction of innovation.

“M12 is looking at investing in innovators who have aligned their focus on cutting-edge technologies that better enable digital transformation. The portfolio development team at M12 is specifically built to help support and scale companies by leveraging the expansive resources of Microsoft,” said the company.

According to reports, venture capital investments in Indian tech business-to-business (B2B) start-ups have been trending upwards, with over $3.09 billion raised in equity funding across 415 deals in 2018 — 28 per cent more than $2.41 billion in 2017.

Also Read: Facebook’s Push to Become China’s WeChat May Kill it

Under the “Microsoft for Startups” initiative, startups can co-sell with Microsoft sales teams, get access to top tech VCs in the global arena and mentorship from industry veterans.

In less than 18 months, Microsoft for Startups has closed more than 120 co-sell deals with more than $126 million in active pipeline for startups.

Microsoft is focused as much on selling third party solutions as their own, and this co-sell motion has helped generate $8 billion in revenue for partners within 18 months. (IANS)