<img class="gwt-Image" src="/photo/28339071.cms" style="" /> The New Year has brought <keyword id="6354458" type="COUNTRY" weightage="100" keywordseo="US">us</keyword> some much-awaited good news on the hiring front and along with that, some concerns. According to experts, it may rain jobs in 2014 as Indian <keyword id="22917" type="CITY" weightage="100" keywordseo="Companies">companies</keyword> are gearing up to add more than 8.5 lakh new employees to their payrolls. But a robust hiring scenario may also see a rise in employee attrition. <keyword id="115437" type="CITY" weightage="80" keywordseo="India-Inc-">India Inc.</keyword> experiences the highest attrition rate globally and one in four employees in the organised sector could be set to switch jobs, according to a Hay Group study. 
 But there’s another side of the story. Ask employees why many of them tend to take flight and the responses would seem identical. At least 39% are concerned about opportunities regarding <keyword id="605173" type="UNKNOWN" weightage="100" keywordseo="Learning-and-Development">learning and development</keyword> while 36% feel there is no <keyword id="2000020" type="UNKNOWN" weightage="100" keywordseo="Supervisory-coaching">supervisory coaching</keyword> to ensure their <keyword id="42546" type="UNKNOWN" weightage="100" keywordseo="Growth">growth</keyword>. In brief, a lot of attrition seems to be happening because <keyword id="6358610" type="UNKNOWN" weightage="100" keywordseo="Businesses">businesses</keyword> fail to engage with their employees in the right way – be it <keyword id="6669200" type="UNKNOWN" weightage="100" keywordseo="induction">induction</keyword>, on-the-job training, breaking down silos or team-building. 
 <keyword id="1631069" type="UNKNOWN" weightage="100" keywordseo="Corporate-training-programmes">Corporate training programmes</keyword> often turn out to be inadequate as they mostly follow a set pattern, instead of a need-based approach, and uphold the age-old ‘classroom’ training model, instead of making learning fun and interactive. But here is one start-up from Pune that aims to usher in a sea-change in the <keyword id="770011" type="UNKNOWN" weightage="100" keywordseo="Employee-training">employee training</keyword> and engagement space. Two-year-old <keyword id="2000014" type="UNKNOWN" weightage="100" keywordseo="MindTickle">MindTickle</keyword> provides a Cloud-based <keyword id="2000035" type="UNKNOWN" weightage="100" keywordseo="Gamified">gamified</keyword> and <keyword id="2000036" type="UNKNOWN" weightage="100" keywordseo="social-learning-platform">social learning platform</keyword> that makes the training experience extremely engaging. As ‘<keyword id="1071127" type="UNKNOWN" weightage="100" keywordseo="Gamification">gamification</keyword>’ gets hot all over the world, MindTickle, too, has created waves globally. Here is a snapshot that captures the start-up’s vision and viability. 
 
Who runs MindTickle (www.mindtickle.com): Four <keyword id="382595" type="UNKNOWN" weightage="100" keywordseo="co-founders">co-founders</keyword> – <keyword id="2000038" type="UNKNOWN" weightage="100" keywordseo="Deepak-Diwakar">Deepak Diwakar</keyword>, <keyword id="2000039" type="UNKNOWN" weightage="100" keywordseo="Krishna-Depura">Krishna Depura</keyword>, <keyword id="1141504" type="PERSON" weightage="100" keywordseo="Mohit-Garg">Mohit Garg</keyword> and <keyword id="2000016" type="UNKNOWN" weightage="100" keywordseo="Nishant-Mungali">Nishant Mungali</keyword>. Deepak has done BTech in Computer Science from IIT Mumbai while Nishant holds a bachelor’s degree in Design from IIT Guwahati. Krishna is an alumnus of IIT Roorkee and <keyword id="6357276" type="CITY" weightage="100" keywordseo="ISB">ISB</keyword>, Hyderabad. Mohit is an NSIT grad, has done MSEE from <keyword id="33081" type="ORGANIZATION" weightage="60" keywordseo="Stanford">Stanford</keyword> and holds an MBA from ISB. Krishna and Mohit were also batch mates at ISB. 
 Prior to starting up, Mohit was a director in PwC’s management consulting practice at New Jersey and worked with a number of telcos in the US, Europe, and <keyword id="3658" type="COUNTRY" weightage="100" keywordseo="India">India</keyword> on various strategy projects. In addition, he has done <keyword id="187755" type="PERSON" weightage="100" keywordseo="product-development">product development</keyword> for <keyword id="6357722" type="COMPANY" weightage="80" keywordseo="silicon-valley">Silicon Valley</keyword> start-ups such as <keyword id="270697" type="COMPANY" weightage="80" keywordseo="Aruba-Networks">Aruba Networks</keyword>. The other three worked with <keyword id="1010923" type="COMPANY" weightage="100" keywordseo="PubMatic">PubMatic</keyword> before starting MindTickle although Krishna had an earlier stint with <keyword id="10387" type="CITY" weightage="80" keywordseo="Microsoft">Microsoft</keyword>. The start-up was launched in August 2011 and its products were rolled out in beta in early 2012. Besides its headquarters and development centre in Pune, the company has a sales &amp; marketing office in <keyword id="12161" type="COMPANY" weightage="80" keywordseo="San-Francisco">San Francisco</keyword> as it is aggressively targeting the <keyword id="35193" type="ORGANIZATION" weightage="100" keywordseo="us-market">US market</keyword> for expansion. 
 
What inspired the venture: A hobby activity by the foursome led to the Eureka moment. It was called <keyword id="2000046" type="UNKNOWN" weightage="100" keywordseo="TeraMeraIdea">TeraMeraIdea</keyword> and later evolved into an <keyword id="6541953" type="UNKNOWN" weightage="100" keywordseo="online-platform">online platform</keyword> that allowed users to experiment with new ideas in the Internet, media and social business space. “We had quizzes and knowledge-based treasure hunts covering loads of topics. And people simply loved to learn things through our quizzes,” recalls Krishna, one of the co-founders. That’s when the four realised that learning can be fun and interesting without being scary or boring. 
 At the same time, they saw the rise of some new technologies and new concepts – Cloud, for instance, and increasing mobile penetration; social networking, casual gaming and gamification. The four of them were quite convinced that a big opportunity was out there to transform the learning experience with the help of social and gamification elements. So they did some more experiments with knowledge-based games, and worked with <keyword id="2000019" type="UNKNOWN" weightage="100" keywordseo="LD">L&amp;D</keyword> experts and researchers to learn the best practices in interactive learning. “Finally, we deployed pilots for corporate houses and the feedback was just awesome,” says Krishna. “It was noon-clear that <keyword id="2000051" type="UNKNOWN" weightage="100" keywordseo="Conventional-learning">conventional learning</keyword> would take a backseat in the next few years. So we decided to take the lead and create a next-generation learning platform,” he adds. 
 
What’s the pitch: <keyword id="2000054" type="UNKNOWN" weightage="100" keywordseo="Effective-training">Effective training</keyword> and better <keyword id="610471" type="UNKNOWN" weightage="100" keywordseo="employee-engagement">employee engagement</keyword> that generate <keyword id="2000055" type="UNKNOWN" weightage="100" keywordseo="Business-results">business results</keyword>. Most businesses are deeply dissatisfied with their training programmes although they have invested a large chunk into their human assets. Classroom methods are near-dead, especially in a corporate environment, as they are resource-heavy, limited in scope (not customisable), and lack the scale and global reach-out required for today’s mobile and <keyword id="2000092" type="UNKNOWN" weightage="100" keywordseo="Distributed-workforce">distributed workforce</keyword>. On the other hand, a conventional e-learning system like the CBT or the WBT fails to engage and motivate the end user. “But at MindTickle, we have created a next-gen learning platform that enables enterprises to create and deliver very engaging and effective training,” clarifies Krishna. 
 
Why the name MindTickle: During its research days, the start-up came up with a unique content creation technique that would transform chunks of data into interesting mind tickles – a series of brain-teasers that would help you gain knowledge through problem solving and content discovery. Hence, the name. 
 
How it works: Simply put, MindTickle has created a Cloud-based learning platform, which enables enterprises to deliver their training programmes anywhere, at any time and on any device. Moreover, the same learning platform can be used to train their partners and customers. It features an in-built social and gamification engine that makes the entire learning experience really engaging. This has not only resulted into huge participation, but also ensured increasing level of <keyword id="2000060" type="UNKNOWN" weightage="100" keywordseo="Training-completion">training completion</keyword>. 
 As of now, the focus is on <keyword id="2000062" type="UNKNOWN" weightage="100" keywordseo="New-hire-training">new hire training</keyword>, <keyword id="2000064" type="UNKNOWN" weightage="100" keywordseo="Product-training">product training</keyword>, <keyword id="2000065" type="UNKNOWN" weightage="100" keywordseo="Sales-training">sales training</keyword> and <keyword id="2000066" type="UNKNOWN" weightage="100" keywordseo="Customer-service-training">customer service training</keyword>, but the range can be quite extensive. Also, a SaaS (software as a service) platform means totally hassle-free implementation – enterprises can simply sign up and start creating their own learning/training sites. 
 The start-up offers an intuitive admin interface with a number of templates that allow companies to create interactive training programmes by using their existing content (audio, video, PPT, PDF, Doc file, etc.). Once that is done, a trainer can invite end-users who can securely access the site via any Web browser. Detailed <keyword id="6359249" type="COMPANY" weightage="100" keywordseo="analytics">analytics</keyword> and reports are also generated on a real-time basis, which trainers can use to measure the effectiveness of their programmes and can also tweak it, based on the feedback. Overall, MindTickle has embraced the <keyword id="2000067" type="UNKNOWN" weightage="100" keywordseo="SoGaMo">SoGaMo</keyword> (social, gamified and mobile) technologies as its product backbone. 
 “Our platform has several pre-defined, <keyword id="2000070" type="UNKNOWN" weightage="100" keywordseo="Customisable-features">customisable features</keyword>, which users can tweak to create their own <keyword id="2000071" type="UNKNOWN" weightage="100" keywordseo="Personalised-experience">personalised experience</keyword>. However, we don’t create custom solutions for specific requirements,” explains Krishna. 
 
Claim to fame: Traction and recognition. MindTickle has been awarded for ‘Best use of engagement techniques in Enterprise HR’ at the Global GSummit in 2012 and 2013. And the traction has been impressive over the past two years. More than 54,736 learners from a number of leading organisations have benefited till date while its customer base includes several <keyword id="542582" type="UNKNOWN" weightage="100" keywordseo="Fortune-500-companies">Fortune 500 companies</keyword> and some reputed start-ups such as <keyword id="282568" type="COMPANY" weightage="100" keywordseo="SAP-Labs">SAP Labs</keyword>, <keyword id="15492" type="CITY" weightage="100" keywordseo="Vodafone">Vodafone</keyword>, <keyword id="6357395" type="CITY" weightage="100" keywordseo="eBay">eBay</keyword>, <keyword id="180948" type="COMPANY" weightage="100" keywordseo="Yahoo-India">Yahoo! India</keyword>, <keyword id="164941" type="COMPANY" weightage="100" keywordseo="inMobi">InMobi</keyword>, <keyword id="54613" type="COMPANY" weightage="100" keywordseo="makemytrip">MakeMyTrip</keyword>, <keyword id="1101579" type="COMPANY" weightage="100" keywordseo="SHRM">SHRM</keyword> and ISB. 
 
Show me the money: Unlike many start-ups, this one is a venture-funded company and raised an undisclosed seed <keyword id="6357455" type="EVENT" weightage="100" keywordseo="Funding">funding</keyword> from <keyword id="144381" type="COMPANY" weightage="80" keywordseo="Accel-Partners">Accel Partners</keyword> in January 2012. That’s not surprising as globally, the training market is worth $200 billion and growing. MindTickle targets medium-to-large enterprises in India and the US, and has in place a robust per-user subscription model. However, it is a <keyword id="2000069" type="UNKNOWN" weightage="100" keywordseo="Product-company">product company</keyword> that needs constant cash-burning for ongoing design, development and implementation. “To meet that requirement, we are now putting all the money we earn back into the company and we are not margin-focused at present,” says Krishna. “Of course, no one can ignore break-even and profits, but our first priority is to build more and more world-class products and adopt a scalable go-to-market policy,” he adds. The start-up will also raise more funding as and when it requires the money for incremental growth. 
 
Biggest challenge: Not competition, per se, feels Krishna. According to him, MindTickle’s platform actually complements a lot of existing learning solutions, rather than being a direct competition. For instance, the company has tools, which help create great videos from existing PPTs or help record or create screencasts for training. With the help of such platform integration capabilities, companies in the training space can actually improve their offerings by leveraging multiple content formats. On the other hand, quite a few education tech companies like Udemy, Coursera and <keyword id="1175348" type="ORGANIZATION" weightage="60" keywordseo="edX">edX</keyword> have come up in the <keyword id="6561759" type="UNKNOWN" weightage="100" keywordseo="MOOC">MOOC</keyword> space (<keyword id="1071995" type="UNKNOWN" weightage="100" keywordseo="Massive-Open-Online-Courses">Massive Open Online Courses</keyword>) and they are now entering the <keyword id="2000084" type="UNKNOWN" weightage="100" keywordseo="Enterprise-environment">enterprise environment</keyword>. MindTickle is keeping a tab on the latest developments as these may ensure further opportunities for growth and <keyword id="6379846" type="PERSON" weightage="100" keywordseo="collaboration">collaboration</keyword>. 
 “But one of the biggest challenges is to evangelise the concept – to make people aware of how easy it is to create great training programmes,” admits Krishna. Many of the <keyword id="2000089" type="UNKNOWN" weightage="100" keywordseo="Subject-matter-experts">subject matter experts</keyword> feel intimidated when faced with the complexity of the current systems. Companies, too, struggle to cope with <keyword id="2000091" type="UNKNOWN" weightage="100" keywordseo="Employee-learning">employee learning</keyword> and engagement, especially when they are growing very fast or trying to manage a distributed workforce. “Now that we have got a great platform whose effectiveness has been proven globally, our next challenge is to position our brand, create awareness and grow exponentially,” concludes Krishna.

Are You Game To Transform Employee Training, Engagement? This Start-up Can Help…

Although FII flows have reversed, retail investor confidence remains low thanks to macro concerns

<ul><li>The event focuses on Web3, D2C, metaverse, SaaS, in addition to conversations around corporate governance and building resilient businesses.</li><li>The event will include over 50 speakers, over 20 investors and has more than 20 sessions that include keynotes, masterclasses, panel discussions and exclusive lunch table sessions.</li><li>The 2-day event is spread across <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>’s leading sStartup hubs – Delhi-NCR and Bengaluru.</li></ul>Dubbed as India's largest and most definitive startup event for tech entrepreneurs, TiE Delhi-NCR’s India Internet Day (iDay) is all set to commence. The event will be held at two different locations and nation’s leading startup hubs. It is slated for September 1-2 in Bengaluru and Delhi-NCR. The theme for iDay 2022 is ‘Riding the wave: Building Winning Businesses Today’. Over 100 key industry stakeholders, ace investors, unicorn founders will be a part of conversations revolving around building resilient businesses, trends in D2C, Web3, metaverse, SaaS, crypto and beyond. Now in its 11th edition, the iconic India Internet Day has been running successfully for over a decade, curated by key leaders from the Indian startup ecosystem. iDay will showcase best practices, exciting opportunities and defining future trends. Expected attendees include tech pioneers, innovators, ideators, investors, mentors, incubators, accelerators, evangelists and budding entrepreneurs. The conference plays host to in-depth sessions, engaging keynotes by leading founders, investors and market experts of the digital world, in addition to exclusive lunch table sessions. “It has been an honour to co-chair this edition of India Internet Day, which has always been the premier event for tech entrepreneurs. The importance of this platform is even more amplified now, when founders need to learn from one another on how to build enduring, resilient businesses. Like they say - when the going gets tough, the tough get building,” said Mayak Khanduja, partner, elevation capital &amp; co-chair, India Internet Day. The exceptional line up for the event includes institution builders, leading tech entrepreneurs, nation’s best investors and policy makers including Deepak Bagla, Invest India; Mayank Khanduja, Elevation Capital; Rajan Anandan, Sequoia India &amp; SEA; Deep Kalra, MakeMyTrip; Mohit Bhatnagar, Sequoia India; Mukul Arora, Elevation Capital; Kiran Vasireddy, Kalaari Capital; Ashwini Asokan, Vue.ai, Blox.ai; Upasana Taku, Mobikwik; Ravi Chhabria, NetApp India; Gaurav Gupta, Squareboat; Ashish Hemrajani, BookMyShow; Ashish Singhal, CoinSwitch; Vidit Aatrey, founder &amp; CEO, Meesho &amp; many more. “Over the past decade, India Internet Day has emerged as a leading platform showcasing India’s internet growth story. After a resounding debut in 2012, it has grown from being relevant to being indispensable for stakeholders across the ecosystem. iDay hosts the entire gamut of the internet mobile industry in India like no other forum,” said Geetika Dayal, executive director, TiE Delhi-NCR. “This year iDay focuses on building robust, resilient &amp; future ready companies which can survive &amp; succeed in the midst of headwinds. We are happy to bring iDay to Bengaluru in collaboration with TiE Bangalore this year,” added Dayal. The conference is supported by <keyword id="3003094" type="General" weightage="50" keywordseo="startup-india" source="Orion">Startup India</keyword>, Elevation Capital, Sequoia Capital, Microsoft, AWS, Squareboat, Netapp Excellarator, Kalaari Capital, Client Associates, Google Cloud, Kalaari and NTT Data-TiE Pune. As a commitment towards being a responsible organization TiE Delhi-NCR is continuing to build on its initiatives to adopt sustainability and make its events truly sustainable. As a first formal step towards being carbon neutral, it is tracking its carbon emissions for the India Internet Day and adopting steps to reduce emissions, waste generated and water wastage. India Internet Day 2022 is going to officially be a carbon neutral event. All the emissions offset undertaken, shall be published for public knowledge, post third party validation. About TiE Delhi-NCR’s India Internet Day From its inception #iDay has set out to be a leadership conference that looks to set conversations around vision 2025 for the industry. It’s one of India’s most exciting gatherings of the internet community designed to deliver powerful content and showcase the possibilities, which the internet holds for the present and the future. The conference sees participation from all major and relevant technology companies from across the country. India Internet Day 2020 co-chairs include – Mayank Khanduja &amp; Ashwini Asokan along with the team Abhishek Gupta, Alok Mittal, Arvind Jha, Deep Kalra, Dev Khare, Gautam Gandhi, Karan Mohla, Latika Pai, Miten Sampat, Prasanto K Roy, Rajan Anandan, Rajat Garg, <keyword id="262068" type="General" weightage="50" keywordseo="rajesh-sawhney" source="Orion">Rajesh Sawhney</keyword>, Ravi Gururaj, <keyword id="8713499" type="General" weightage="50" keywordseo="shereen-bhan" source="Orion">Shereen Bhan</keyword>, <keyword id="3380503" type="General" weightage="50" keywordseo="suchita-salwan" source="Orion">Suchita Salwan</keyword> and Vani Kola – who are the torchbearers who put together the conference that has emerged as the voice of India’s internet industry. About TiE Delhi-NCR TiE Delhi-NCR is among the most active and vibrant chapters across the vast TiE network. In the last two decades, it has continuously taken the lead in creating an increasingly positive ecosystem for entrepreneurs and investors. With a strong mentor support base, marquee events and focused workshops throughout the year it has emerged as one of the most valuable platforms supporting entrepreneurship, nationally. TiE Delhi-NCR conducts a wide range of programmes to help entrepreneurs. These include TiEcon, Startup Expo, TiE Institute, TiE Young Entrepreneurs along with Special Interest Groups (SIGs) across sectors.

India’s largest event for tech entrepreneurs, TiE Delhi-NCR’s India InternetDay - now connects two startup hubs

Chandigarh, Jun 2 () Haryana Home Minister Anil Vij on Tuesday said a seven-member special investigation team (SIT) has been constituted to investigate cases of human trafficking and immigration fraud in the state. This comes days after FIRs were registered following claims by most of the 76 Haryana residents who were deported from the US that they were victims of human trafficking. The SIT will be headed by Inspector General of Police (IGP), Karnal Range, Bharti Arora, Vij said. Other members of the team are IPS officers Nazneen Bhasin, Rahul Sharma, Himanshu Garg, Lokendra Singh, Shashank Kumar and Mohit Handa, he said. According to the minister, the SIT will thoroughly investigate and take action in all cases related to sending people abroad through illegal means and human trafficking. Vij said those who are sent abroad through illegal means often have pitiable tales to narrate as they are taken through treacherous routes and face torture along the way. "Often these people narrate tales of being tortured and not being given food or water," he said. The 76 Haryana residents who were deported from the US were part of a group of over 160 Indians who arrived at Amritsar in Punjab on a special chartered flight on May 19. Most of the deported Indian nationals had entered the US from its southern border with Mexico after exhausting all legal options. They were arrested by the Immigration and Customs Enforcement or ICE while trying to enter the US illegally. Seventy-three FIRs were registered as most of those deported from the US claimed that they were victims of "kabootarbazi" (human trafficking), Vij had said on Friday. SUN DIV DIV

Haryana govt sets up SIT to investigate human trafficking, immigration fraud cases

<ul><li><keyword id="46718" type="General" weightage="20" keywordseo="iday" source="Orion">iDay</keyword> is dubbed as India's Largest &amp; most Definitive Startup Event for Tech Entrepreneurs featuring Global Icons, Unicorn Founders &amp; Leading Investors</li><li>Focuses on Tech trends including Fintech, Crypto SaaS for SMEs, Gig Economy, Capital Markets, Healthcare, Hybrid education &amp; More</li><li>Spread across 2 Days | 100+Speakers |50+ Sessions | Unicorn Roundtables, Workshops, Masterclasses &amp; Engaging Sessions</li></ul>With a huge number of companies witnessing accelerated scale, despite uncertain times, <keyword id="502904" type="General" weightage="20" keywordseo="tie-delhi-ncr" source="Orion">TiE Delhi-NCR</keyword> is organising the 10th edition of <keyword id="4390638" type="General" weightage="20" keywordseo="India-internet-day" source="Orion">India Internet Day</keyword> (iDay) in virtual format, with the theme ‘Digital India: Escape Velocity. With a Focus on Tech trends including Fintech, Crypto SaaS for SMEs, Gig Economy, Capital markets, Healthcare, Hybrid education &amp; more, it will span over 2 days 23rd &amp; 24th September. The conference plays host to in-depth sessions &amp; keynotes by leading founders &amp; investors from India and around the World. Speaking about the event, Karan Mohla, Co- Chair for iDay 2021 &amp; Partner, Chiratae Ventures said – “As India leapfrogs to being a tech enabled economy, India Internet Day 2021 rings in with the theme - Digital India: Escape Velocity. The year 2021 has been a defining one for the Indian startup ecosystem in more ways than one — record amount of fund inflow, creation of new unicorns, companies going public, and a new benchmark in terms of mergers &amp; acquisitions. This reflects the strength of the Indian start-ups. Through iDay this year we are putting a spotlight on the learning, insights &amp; trends which have in last 18 months, seem to have lent ESCAPE VELOCITY to the entire startup ecosystem.” Business Insider is the media partner for TiE's ‘Digital India: Escape Velocity' event. The Stellar line up at the event includes Global Speakers, Leading Entrepreneurs, Investors, Influencers, Startups, Tech Innovators likeRuchir Sharma, Morgan Stanley | Monish Darda, Icertis | Surojit Chatterjee, Coinbase | Jeff Maggioncalda, Coursera |John T Chambers, JC2 Ventures |Kanwaljit Singh, Fireside Ventures |Balaji S. Srinivasan, Angel Investor &amp; Entrepreneur, | Byju Raveendran, Founder &amp; CEO- Byju’s |Kunal Bahl, Co-founder &amp; CEO – Snapdeal|Kushal Bhagia, CEO – firstcheque | Rajan Anandan, Sequoia India &amp; Surge | Kumara Raghavan, Amazon Internet Services |Bikram Singh Bedi, Google Cloud | Lathika Pai, Microsoft |Vani Kola, Managing Director – Kalaari Capital | Supria Dhanda, Western Digital. “India Internet Day is curated &amp; led by a team of serial entrepreneurs &amp; investors. It has become a leading platform to catch the makers and leaders of the India Internet Growth story. Over the years, tech entrepreneurs have hugely gained from the conference. This year we put a spotlight on how technology &amp; resilience have shown the way through the worst crisis of our times. 40% of Indian unicorns have been added in 2021 &amp; this augurs well for the startup ecosystem. With engaging conversations at #iDay in form of Keynotes, Fireside Chats, AMAs. Masterclasses, Panel Discussions, Unicorn Roundtables, we wish to continue to foster entrepreneurship.” said Geetika Dayal, Executive Director, TiE Delhi-NCR The Conference was supported by Startup India, Google, Western Digital, Sequoia Capital, Morgan Stanley, Coinbase, Microsoft, AWS, Icertis, Kalaari and Avendus. About TiE Delhi-NCR’s India Internet Day From its inception #iDay has set out to be a leadership conference that looks to set conversations around vision 2025 for the industry. After a resounding debut in 2012, it has grown from being relevant to being indispensable for stakeholders across the ecosystem. #iDay hosts the entire gamut of internet mobile industry in India like no other forum. India Internet Day 2020 Co-Chairs – Lathika Pai &amp; Mohit Bhatnagar along with the team Abhishek Gupta, Alok Mittal, Arvind Jha, Deep Kalra, Dev Khare, Gautam Gandhi, Karan Mohla, Latika Pai, Miten Sampat, Prasanto K Roy, Rajan Anandan, Rajat Garg, Rajesh Sawhney, Ravi Gururaj and Vani Kola are the torchbearers who put together the conference that has emerged as the only voice of India’s internet industry. 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TiE Delhi-NCR kickstarts the 10th Edition of India Internet Day themed Digital India: Escape Velocity

<ul><li>This is SoftBank’s second bet in <keyword id="2000014" type="PERSON" weightage="20" keywordseo="MindTickle" source="Orion">MindTickle</keyword>, which helps enterprises improve their sales.</li><li>MindTickle will use this funding to expand its presence, acquire companies and hire aggressively.</li><li>The company has over 200 clients across the globe, including Dabur, Johnson &amp; Johnson, Wipro</li></ul>MindTickle, a startup that helps small and large enterprises improve their sales, is the latest entrant to India's <keyword id="3009432" type="PERSON" weightage="20" keywordseo="unicorn-club" source="Orion">unicorn club</keyword>. The decade old startup on Thursday, August 8, announced a $100 million Series E funding round led by existing investor SoftBank, at a valuation of $1.2 billion. Existing investors Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures also participated in the Series E round. This makes MindTickle the third Indian software-as-a-service (SaaS) startup to become a unicorn in 2021, after Chargebee and BrowserStack. Overall, there are over nine venture capital (VC) funded SaaS unicorns in India. A unicorn is a privately valued company with a valuation of over $1 billion. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"><colgroup></colgroup><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">SaaS unicorns </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Valuation </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">BrowserStack </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$4 billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Freshworks </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$3.5 billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Icertis </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$2.8 billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"> Postman </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$2 billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"> Zenoti </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$1.5 billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Chargebee </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$1.4 billion</td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MindTickle </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$1.2 billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Highradius </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$1 billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Druva </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$1 billion </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table> MindTickle wants to gain greater momentum in international markets MindTickle was founded by Krishna Depura, Mohit Garg, Deepak Diwakar and Nishant Mungali in 2011. It helps companies build sales capabilities. It also offers solutions for onboarding, micro-learning and skills development. MindTickle plans to use this funding to expand its presence in multiple verticals as well as markets like Europe and Asia. A part of the funding would also be used to acquire more companies and expand their technology stack, MindTickle’s chief executive officer (CEO) and cofounder Depura told Business Insider. “So a reasonable chunk of [the] money will go into global expansions, getting into more territories and geographies. The second amount [sic] will go into R&amp;D [research and development], which we’ll use to develop our stack. I think $100 million is a lot of money and it’s not like we’ll deploy the money in the next six months or one year. But it’ll give us sufficient power to plan for the next three-four years to set up our base and continue to think over the horizon,” Depura added. He also highlighted that the company has a good presence in India at the moment, especially in the automotive and pharmaceutical sectors. MindTickle will also use a part of the funding to go aggressive on hiring across geographies and functions. It has already hired over 100 employees in 2021 and has openings for 115 positions. The company has a workforce of 500 employees. MindTickle’s current clientele has already set its global presence This is SoftBank’s second investment in the Pune and San Francisco-based startup. The Japanese conglomerate had previously led MindTickle’s $100 million round raised in November 2020. Existing investors Norwest Venture Partners, Accel Partners, Canaan, NEA, NewView Capital, and Qualcomm Ventures had also participated in the round. The SaaS startup has raised over $281 million to date. Its clientele includes 200 enterprise companies like Johnson &amp; Johnson, Splunk, Wipro, Ola, Cloudera, Dabur and United Colors of Benetton. Its customer base includes a few dozen Fortune 500 and Forbes Global 2000 companies, which is an annual ranking of the top corporations worldwide measured by revenue. MindTickle claims to have presence in over 115 countries as its clientele has subsidiaries across the world. “We continue to be impressed by Mindtickle’s performance in creating and becoming a category leader in the sales readiness space. The product has become an essential part of any sales organisation and we are excited to support the company in its growth,” Munish Varma, managing partner with SoftBank Investment Advisers, said. SEE ALSO <a href="https://www.businessinsider.in/business/startups/news/ipo-bound-ixigo-acquires-bus-ticketing-platform-abhibus-to-strengthen-its-footprint/articleshow/85062903.cms" data-type="tilCustomLink">IPO-bound ixigo acquires bus ticketing platform AbhiBus to strengthen its footprint</a> <a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-and-tiger-global-have-a-billion-dollar-notice-to-respond-to-in-the-next-90-days/articleshow/85059732.cms">Flipkart and Tiger Global have a billion dollar notice to respond to in the next 90 days</a> <a href="https://www.businessinsider.in/business/startups/news/whitehat-jrs-ceo-karan-bajaj-quits-exactly-a-year-after-byjus-acquisition/articleshow/85029450.cms">WhiteHat Jr’s CEO Karan Bajaj quits exactly a year after Byju’s acquired the company</a>

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