siliconindia | | February 20134 Editor-in-Chief Harvi Sachar Managing Editor Christo Jacob Editorial Staff Anamika Sahu Avinash Jha Rachita Sharma Sagaya Christuraj Vignesh A Visualiser Ashok kumar Circulation Manager Magendran Perumal Mailing AddressSiliconIndia Inc44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.440.8249, F:510.440.8276 siliconindiaFebruary 2013, volume 16-2 (ISSN 1091-9503) Published monthly by siliconindia, Inc. To subscribe to siliconindiaVisit www.siliconindia.com or send email to subscription@siliconindia.com siliconindiaeditorialIt takes five things to succeed as an entrepreneur ­ Dream, Hard Work, Positive Attitude, Consistency, and Resources. Our Indian entrepreneurs have all these qualities and that is the key reason the image of India has changed today, from being just a center of outsourced business processes to driving growth and progress through entrepreneurship. But still Indian entrepreneurship ecosystem maturity is a few years behind the Valley. This gap arises because of our approach towards entrepreneurship. Entrepreneurial ventures vary widely in their characteristics ­ from self-employment or necessity based entrepreneurship to opportunity based entrepreneurship. Opportunity based entrepreneurship is usually structured on significant innovation in the realm of technology, business process or the likes and is set up to grow, right from inception.A significant share of new employment, particularly in the U.S., is created by the latter kind ­ a small bunch of fast growing firms referred to as "gazelles". India still needs to work on producing more "gazelles" and that's the key reason we do not have any Google or Facebook out of India.However, amidst formidable barriers that exist for entrepreneurship in India, we have observed that there is a considerable honest attempt made by our entrepreneurs to produce high growth potential companies. As per Zinnov, the number of product startups has increased 789 percent, and funded startups by 2,173 percent in the last three years. Moreover, in 2012 Bangalore registered the highest number of startup launches over the past five years, recording 591 new technology companies, followed by Delhi-NCR with 237 and Chennai with 203 launches. So today we need to go back and reflect how many "Gazelles" are out there in the market who tried to bring in significant innovation in the realm of technology.In this issue, we have put together a story about Pravin Kothari, the man behind an iconic cloud security company CipherCloud, who is at the helm of this innovation and working relentlessly to maintain the company's Numero Uno spot in the global security industry.Please do let us know what you think.Christo JacobManaging Editoreditor@siliconindia.comIndia needs more "Gazelles"Copyright © 2009 siliconindia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.siliconindia's circulation is audited and certified by BPA International. siliconindia is available through mainstream retail outlets such as Barnes & Noble, Borders, and Tower Records. It is also available at ethnic Asian Indian stores in major Indian hot spots across the U.S. The magazine is also distributed at major trade shows and conferences, including Comdex, Internet World and PC Expo.siliconindia | | February 20134
< Page 3 | Page 5 >