Indian Startups Are Attracting Corporate Heavy Weights as Mentor

BANAGLORE: As the market is getting competitive, the startups are trying to make the most of each opportunity that come to them. For achieving success and giving proper guidance these newbie companies have to get some experience on board. Thus there are a lot of experienced people who are lending their advice for these companies and help them grow. Arun Sarin, the 61 year old former CEO of Vodafone has also extended his helping hands to the online cab booking firm Ola and music streaming company Saavan.

This shows the growth of Indian startups and the potential the corporate giants see in them. Sarin not only became the mentor for these two firms but also has invested undisclosed amounts in to both startups.  Even the leading Indian startup like Flipkart, Snapdeal and PayTm are also grabbing attentions of big names to mentor and advice them.

When talked about the situations managing partner of Hunt Partners India, Sunit Mehra stated that "It's a huge trend. Everybody wants to be associated with a startup at this point, especially those that are changing the rules,” whereas Ashish Goel the cofounder and chief executive of Urban Ladder stated about the importance of an advisor; "You cannot underestimate the effort it takes to find the right kind of advisers. It is like trying to find a cofounder or a partner,"

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