TiE

The IndUS Entrepreneurs (TiE) is a Silicon Valley non-profit supporting start-ups through networking and the raising of capital for new and experienced entrepreneurs.[1] By 2000, it had helped create businesses worth more than $75 billion.[2]

History

TiE was founded in 1992 by the trio of an Indian-American businessman and angel investor, Kanwal Rekhi; an MIT professor and founder of Cirrus Logic, Suhas Patil; and the founder of Gateway Design Automation, Prabhu Goel.[3]

Organization

TiE has 60 chapters in 17 countries.[4] It holds several events throughout the year to promote networking and raise capital for start-ups. TiE Global Summit II and TiE Inflect in Silicon Valley are the organization's flagship events.[5] Besides the flagship events, the organization connects with its members through a series of annual gatherings, such as TiECON.

TiECON

TiECON is an annual TiE event. The March 2018 TiECON was held in Mohali. It was organized by the Chandigarh Chapter President, Alok Ramsisaria, and Executive Director, Harpreet Minhas, at the Indian School of Business.[6] Approximately 40 start-ups participated and a cumulative funding of ₹36 million[7] (US $554,400) was raised. Prominent attendees at the event included the state's Chief Minister, Amarinder Singh, and the British High Commissioner to India, Dominic Asquith.[8]

References

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