Rajat Tandon, Vice President, NASSCOM 10,000 Startups is reportedly moving out of his current role and Ashok Madaravally who has been at NASSCOM for about 3.5 years will be replacing him. It is still unclear where Rajat Tandon will be joining next. We also hear that it will announced formally by NASSCOM on Monday.
Ashok Madaravally has expertise in applied electronics and business analysis. Madaravally served as director of Nasscom 10,000 Startups for the past six months. He has been closely associated with the initiative identifying and mentoring startups in senior managerial roles as well. Prior to Nasscom he was at Google in the roles of program manager for Google Maps, and at Hewlett-Packard as a technical analyst.
Rajat Tandon has been leading 10,000 startups since late 2013. Prior to this he was at Nokia and Nortel Networks India. Rajat’s journey as a failed entrepreneur has been chronicled in a book by prominent business journalist Suveen K. Sinha.
10,000 Start-ups is an ambitious attempt by NASSCOM to scale up the start-up ecosystem in India by 10x. 10,000 Start-ups aims to enable incubation, funding and support for 10,000 technology start-ups in India over the next ten years. The program’s vision is to foster entrepreneurship, build entrepreneurial capabilities at scale and strengthen early stage support for tech start-ups. The initiative brings together key stakeholders of the ecosystem including start-up incubators, accelerators, angel investors, venture capitalists, start-up support groups, mentors, and technology corporations. Since its launch in April 2013, the firm has done about 600 events in 25 cities of the country which were attended by a whopping 30,000 attendees and received 11,000 Applicants, 1100 Start-ups Shortlists, and 150 Impacts. The program is supported by Google for Entrepreneurs, Microsoft Ventures, Kotak, Amazon Web Services and IBM.
We will keep our readers informed on all the developments on this story.
BW Reporters
Regina is a reporter for BW Businessworld. In her previous assignments, she has worked with Independent television Network as a news anchor and reporter in Sri Lanka
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