Start-ups on a hiring spree in IITs and IIMs

Start-ups on a hiring spree in IITs and IIMs



'Start-ups' has been the buzzword at the IIMs and IITs since the last two placement seasons. Though Google and Facebook are known to offer the highest pay packages, and companies such as Accenture and Amazon hire the most, start-ups, too, are making their presence felt in these institutes.

At IIM-Calcutta, which recently completed its placement process for the 2014-16 batch, over 20 per cent of the offers made during the season were from e-commerce and web-based start-ups such as Amazon, Snapdeal, Flipkart, Paytm, Ola Cabs, Uber and RedBus.

A look at IIM-A's placement report for 2015 suggests that Flipkart, Ola Cabs, Quikr, Snapdeal and Uber were among the top recruiters during the last placement season.

The trend takes a definite shape in IIM-A's Summer Internship Placement Report, for the batch of 2015-17, which shows that Flipkart is among the top recruiters - with 10 offers - while other companies such as CarDekho, Ola Cabs, Oyo Rooms, Rocket Internet, Snapdeal and Xiaomi also  appear prominently.

The IITs, too, are witnessing a considerable number of hirings from Indian start-ups. IIT Bombay, for example, estimates that 20-25 per cent of offers made during the recent placement season were from such companies. IIT-Hyderabad mentions names such as Flipkart, PayPal, Snapdeal and eDreams Edusoft as major recruiters in its placement report for the last season.

The trend, it seems, is here to stay as most start-ups plan to recruit a number of people from these institutes in the coming days.

E-commerce website Paytm, which hired around 65 people from IITs and 40 from IIMs in the last two placement seasons, plans to hire more of them to its workforce. "Paytm is on a hiring spree and wants to strengthen its business. Besides poaching talent from across industries, we are looking to hire 100+ students from IIMs," said Amit Sinha, Vice President - Business Planning and People, Paytm.

Another e-commerce start-up SyberPlace.com plans to hire around 100 people from both these institutes, during the current placement season. The company had hired a total of 30 people from the IITs and five from the IIMs during the last two seasons. According to Urvesh Goel, Founder, SyberPlace.com, "IITians are entrepreneurial and stronger on ideation, while people from IIMs are more organised and structured. They are better networked and strong on relationship."
The compensation offered by most of these start-ups is in the range of Rs 10-23 lakh per annum for IITs and Rs 15-60 lakh per annum for IIMs.

"We have rolled out requirements for multiple profiles in IITs, ranging from developers to tech architects. For the best tech resources, we pay Rs 23 lakh or more. Also, we offer ESOPs (employee stock ownership plan) to our tech resources," informed Mayank Bhangadia, co-founder of fashion social network Roposo. The company, whose all three co-founders are from IIT-Delhi, has a similar pay package for IIM candidates and offers ESOPs to them, too. It plans to hire 20 IITians and 10-12 IIM graduates in the upcoming placement season.

Online jewellery shopping store  Bluestone also offers a similar package of Rs 15-23 lakh to both IITians and IIMites, and targets about 20-25 employees from these institutes during the next season.

Source from http://www.businesstoday.in/current/corporate/start-ups-on-a-hiring-spree-in-iits-and-iims/story/229616.html

Freedom 251 is Absolutely Viable: SyberPlace

Freedom 251 is Absolutely Viable: SyberPlace

NEW DELHI, DELHI, INDIA

Business Wire India
With the recent spate of controversies and doubts surrounding Ringing Bells, the world’s cheapest smartphone company and the creators of the Freedom 251 smartphones, one company has come out in full support of the project. SyberPlace, a webstore that sells digital technology such as smartphones, laptops, tablets and accessories, has welcomed the ambitious move to enable entry-level smartphones at just INR 251.

Speaking in support of the move, Urvesh Goel, Founder & CEO, SyberPlace, says, “Industrial revolution made cars affordable, IBM brought computers to our homes, and internet-enabled the democratisation of knowledge. Given how smartphones are driving the digital lifestyle and the economy today, smart businesses should be distributing smartphones for free. This move by Ringing Bells will make smartphones available to every Indian. INR 251 is a very fair price for a smartphone, and I admire Mohit and the team for bringing about this disruption.”

This support from SyberPlace will come as a welcome relief to the company in question, which has been beset by several doubts in terms of the price of the smartphone, its design, the interface, certifications and the online orders on their dedicated website. Ringing Bells has, reportedly, also come under the scrutiny of the Excise and Income Tax departments, while the viability of its business model and service fulfilment capability is also set to be evaluated by the Department of Electronics and IT Secretary (DEITY) Aruna Sharma.

Urvesh, however, is unperturbed by the furore surrounding Ringing Bells. “From being the ‘second screen’, smartphones have emerged as the ‘first screen’ that users look at for entertainment, stay connected or search something. The 32% growth recorded in internet access year on year is chiefly fuelled by wireless broadband on smartphones. Growth in internet use on smartphones is much higher than wireless internet accessed on desktop,” he added in support of Ringing Bells product plan and the strategy adopted.

About Founder & CEO, SyberPlace.com

An expert business executive with repeatable experience of transforming stagnating businesses and start-ups, Urvesh is the Founder & CEO of SyberPlace.
Holding a Bachelor’s degree in Electronics and Communication Engineering and a Master’s in Computer Sciences from IIT-Roorkee, Urvesh has been associated with several large multinationals in leadership roles over the course of his career before founding SyberPlace. He was a Director of Global Invoicing Solutions at Convergys Corporation and Amdocs. Urvesh has integrated his extensive expertise in business vision, strategy & execution: leadership development, managing technology, business relationships and brand development to devise and implement the most viable business solutions to drive SyberPlace’s growth.

About SyberPlace

SyberPlace.com is a webstore that sells digital technology such as smartphones, laptops, tablets and accessories. Founded in 2008 in Hyderabad, SyberPlace looks to serve the aspirational needs of the Indian consumers by leveraging the abundant resources and in-depth knowledge of digital and social technology.

What differentiates SyberPlace from other online stores is the fact that it is much more than a platform for buyer-seller interaction. The company owns the responsibility for delivering an unparalleled end-to-end shopping experience to its consumers. A strong customer care framework is also in place and serves to heighten the end-user brand takeaway through highly effective follow-up assistance, quick response to inquiries and dependable delivery.

Owned and operated by SyberPlace E Solutions Pvt. Ltd, SyberPlace utilises the disruptive power of digital media to showcase the benefits of smart technologies from top brands. Following this tenet, the company has created extraordinary and profitable growth without the support of venture or private equity funds, so far. 

Source: SyberPlace

Coolpad Note 3 Lite

Coolpad Note 3 Lite

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The Coolpad Note 3 Lite arrives in a plastic clad body with brilliant accents around the edges. It wears a 5.0-inch HD IPS LCD show which prompts a pixel thickness of 294ppi. The telephone measures 152gms and measures 8.9mm around the waistline. The telephone wears a unique finger impression scanner for better security.

Design and OS

In the engine, the handset is controlled by a 1.3GHz quad-center processor housed on Mediatek MT6735 Chipset. The gadget is further supported by 3GB RAM which works with the processor in pair to convey a slack free affair while multi-tasking.The Coolpad Note 3 Lite runs Cool UI 6.0 on Android 5.0 Lollipop. The cell phone additionally underpins different signals that can work notwithstanding when the screen is off.

Camera and Storage

The Coolpad Note 3 Lite is outfitted with A 13MP Autofocus camera with computerized picture adjustment. The camera highlights LED streak which helps in clicking pictures in low light. For selfie significant others, the portable is stacked with a 5MP front camera. For memory, the telephone sports 16GB installed stockpiling. In the event that thatâ’s insufficient, then you can beat it up further up to 32GB with the assistance of a microSD card

Availability and Battery

The Coolpad Note 3 Lite contains a 2,500mAh li-particle battery which gives great battery reinforcement. The 4G versatile components an assortment of network alternatives, for example, 3G, Wi-Fi, Bluetooth v4.0, GPS/A-GPS, OTG and USB port accessibility.

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The Coolpad Note 3 Lite is by all accounts a telephone that can give intense rivalry to other quality for cash gadgets. With its awesome specs and a unique mark scanner to charm the adolescent, this gadget has it all. Let it all out of you are searching for a financial plan cordial multi-tasker.

Shop the new Coolpad Note 3 Lite just on Amazon.in

Yet another dazzlingly planned Smartphone from the place of Coolpad, the Note 3 Lite arrives to give you a radical new portable experience. A la mode, minimized and highlight rich, the Coolpad Note 3 Lite lets you encounter the best in remote telephony and moving excitement. Purchase it on Amazon India and begin doing things any other way.

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Need a financial plan Android Smartphone that never bargains on execution? Depend on the vigorously great Coolpad Note 3 Lite, fueled by a 1.3 GHz Quad-Core CPU. With enormous 3GB RAM, the Smartphone gives you an altogether agreeable multitasking background. With unrivaled cameras, liquid client interface and the best of security elements, this handset transforms into an absolute necessity have gadget for everybody out there.

Do Things the Coolest Way

The Coolpad Note 3 Lite gives you a chance to do things in the coolest way that is available. It brags an eye-getting polycarbonate body, highlighting a brilliant edge circling its edges. The minimal size of the gadget permits you to have an appropriate grasp on it while you hold it in the palm of your hand. It conveys two miniaturized scale SIM spaces with double standby and 4G LTE band support. The telephone comes stacked with 16GB inner memory and backings up to 32GB expandable memory. The Coolpad Note 3 Lite additionally has OTG bolster, so you can without much of a stretch access content from different outer stockpiling gadgets for perpetual amusement.

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Submerge yourself more than ever by watching films, music recordings, photographs and other substance on the telephone's 5.0 inch IPS HD show having a determination of 1280 x 720 pixels and 178 degree seeing point. The scratch safe showcase guarantees that you get most extreme fun when you play any diversion on the gadget. The ARM Mali T720 GPU takes complete control of the visuals part without making the Smartphone solidify.

Double Cameras Double the Fun for You

The gadget comes furnished with a 13MP essential camera and a 5MP auxiliary camera. While the essential camera with LED streak permits you to take clear stills and recordings, the auxiliary camera comes convenient in solidifying some superb selfies. With the Pro mode, you can have simple control over the gap, shine, ISO level and shading settings. The Coolpad Note 3 Lite has a unique mark sensor for locking and opening the gadget which likewise acts as a shade catch while taking photographs.

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With Bluetooth 4.0 LE, Wi-Fi, GPS, FM radio, EDGE, GPRS and a 2500 mAh battery, the Coolpad Note 3 Lite transforms into a complete bundle for you. Accessible at a sensible value, the Smartphone dependably keeps you in real life easily. Put in a request for your Note 3 Lite on Amazon India today and get prepared for an exciting adventure.

Freedom 251 india first most affordable smartphone

Freedom 251 india first most affordable smartphone

Ringing Bells Flexibility 251 mobile phone was launched throughout Feb 2016. The unit comes with a several. 00-inch touch screen exhibit having a solution involving 540 pixels through 960 pixels



The Ringing Bells Flexibility 251 will be power through 1. 3GHz quad-core and it also includes 1GB involving MEMORY. The unit packs 8GB involving interior storage devices which might be expanded around 32GB using a microSD cards. Where the surveillance cameras come to mind, the Ringing Bells Flexibility 251 packs the 3. 2-megapixel main digital camera within the rear and also a 0. 3-megapixel top player with the dice regarding selfies.


The Ringing Bells Flexibility 251 operates Android mobile phone 5. 1 which is power by way of a 1450mAh completely removable power supply.


The Ringing Bells Flexibility 251 can be a solitary SIM (GSM) mobile phone. On-line choices contain Wi-Fi, Bluetooth, FM. Receptors within the cell phone contain Area sensor.

Regarding Ringing Bells
Recognized throughout 2015, Ringing Bells Pvt. Ltd. produced the title regarding themselves as soon as the idea declared the Flexibility 251, the most reasonably priced mobile phone on earth.

Ringing Bells, the little-know Noida-based business, possesses released exactly what it's contacting India's least expensive mobile phone, yet Flexibility 251 could be the cheapest mobile phone on earth. This is what you should find out about the Flexibility 251.

Ringing Bells had declared previous that this Flexibility 251 will be costs three hundred dollars "less as compared to Rs. 500". Nevertheless we can right now confirm that the mobile phone will be costs three hundred dollars Rs. 251 (less as compared to $4). At of which selling price, it's easily the most reasonably priced mobile phone on earth.


The website furthermore directories essential specifications on the Flexibility 251: 4-inch exhibit, 1. 3GHz quad-core brand, 1GB MEMORY, 8GB interior storage devices (expandable around 32GB), 3. 2-megapixel rear digital camera, 0. 3-megapixel top digital camera, and also a 1450mAh power supply.

The Flexibility 251 will be formally presented throughout Brand new Delhi in Thursday morning from a celebration that will be presided around through Doctor. Murli Manohar Joshi, MP, while using the Partnership Defence Minister Sri Manohar Parrikar because Main Invitee.

Ringing Bells claims the Flexibility 251 mobile phone has been created 'with astounding support' from your government which is recommending the idea as being a success account involving PM Modi's flagship 'Make throughout India' system.

The mobile phone costs three hundred dollars Rs. 251 go a considerable ways throughout joining each and every Indian, and such as preceding government attempted to take calculating for the people while using the Aakash supplement, the Flexibility 251 contains the prospective in order to realize the 'Digital India' eyesight.

Solo Founder SyberPlace

How startups like SyberPlace and Termsheet are discovering the virtue of being 'single'

Startups are setting a trend of disruption, and some startups buck the trends even within the startup ecosystem. In contravention to the classic practice of having multiple cofounders, some like to tread the lone road.

Despite the increased odds it may pose, they choose to 'remain single' enabling quicker decision-making power and lesser number of compromises to be made.

"I have seen strengths in being the single founder," noted Major Prashant Rai, Founder of Bengaluru-based resources-aggregator Onetimejobs.com.

"When you have cofounders investing in the company, you have to listen to them while making decisions and utilising funds. This way the decisions are fast. I take ideas from my team, but final decision will be mine."

Some draw inspiration from the stalwarts for continuing as single founders like Urvesh Goel, founder of Hyderabad-based tech etailer SyberPlace.com.

"I believed in profitable sustainable growth rather than aggressive acquisition of customers. SyberPlace business model had few takers most of the people I talked to believed in Amazon's way of doing business." Urvesh.

The thread that connects all single-founders is the strong belief that having an efficient team is better than having one or two individuals as cofounders.

"Most cofounder stories tell how they had been together for a long time sharing the passion and the ideas and having a certain amount of understanding about each other. In the beginning it might help you too," admits Sakshi Vij, founder of self-drive service Mylescars.com. "But moving forward, what matters more is the talent you hire and your team on the ground."

However, founders admit that the sole journey might bring along with it its own challenges.

Shaifali Holani, who started call repair and maintenance provider EasyFix.in in 2011, notes, "when I look back it has worked out all good, but having a cofounder could also have been a good idea. When you are starting a business you are not looking at hiring expensive resources If you have a cofounder who is on the same page with you, then that part can be taken care of."

Shaifaly remembers the difficulties in raising funds, fighting against the stereotypes associated with a woman running a company single handed. Others too agree with her and opine that the biggest challenge might come in the form of investors.

Vivek Durai, founder and CEO of Chennai-based startup Termsheet, remembers how his team helped matchmaking startup Aisle.co, which too had a single founder, to raise funds.

"They had been trying to raise funds for over a year before approaching us," said Durai, who himself, is a single-founder.

Latest Apple iPhone 6S 16GB (Rose Gold) At Lowest Price

Latest Apple iPhone 6S 16GB (Rose Gold) At Lowest Price

Apple iPhone 6S 16GB (Rose Gold)

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Key Features

 4.7 inch Retina HD 3D Touch Display iOS 9 1.84 GHz + A9 Chip Co-processor, Dual Core 4G Enabled 2GB RAM, 16GB ROM 1715 mAh  Li-Ion

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Expert Analysis

How about capturing Live pictures? The all-new Latest Apple iPhone 6S 16GB (Rose Gold) enables you to capture moments with motion as well as sound. 6s packs all the latest features along with an impressive design that makes it stand apart in a powerfully vivid way. It features a bright 11.93 cm (4.7) Retina HD Display with 3D Touch to deliver an enhanced viewing experience. Loaded with the advanced iOS 9 Operating System (OS) along with A9 Chip and M9 Motion Coprocessor, 6s delivers 70 % faster CPU performance and 90 % faster GPU performance. 

 Moreover, with new alloy of 7000 Series aluminium construction along with the world’s strongest cover glass, 6s is ready to dazzle you with its powerful performance. It offers 4G LTE connectivity and ultra-fast wireless technologies to keep you connected around the world.

Latest HTC Desire 820G+ (Grey) At Lowest Price

Latest HTC Desire 820G+ (Grey) At Lowest Price

HTC Desire 820G+ (Grey)

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Key Features

 5.5 Inch Full HD capacitive Display
 Android v4.4.4 (KitKat) OS
 1.7 GHz Octa Core Processor 
 3G Enabled
 1GB RAM, 16GB Internal, 32GB Expandable
 2600 mAh Li-Polymer
 13 MP Primary, 8 MP Secondary Camera

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Expert Analysis

The HTC Desire 820G+ is a dual SIM smartphone having an impressive 5.5 inch display along with an octa-core processor.The device, being a budget smartphone comes with a plastic body and is an extremely slim 7.7 mm. The huge 5.5-inch display however sports only a HD (1280×720 pixels) screen resolution. This gives the device a pixel density of only 267 PPI.

The Android based smartphone ships with Android 4.4 (KitKat) with a potential upgrade to the latest version of Android OS.The device is available in two colour variants,dovetail gray and marble white.

The device sports a 13-megapixel camera along with an 8-megapixel front shooter. The rear shooter comes with an LED flash and comes with autofocus features too.
Hardware on the phone comes in the form of a MediaTek MT6592 processor. The octa-core processor comes with a clock speed of 1.7GHz and is paired with a Mali 450-MP4 graphics processor. The processor is paired with 1GB of RAM.

On the connectivity front, the Desire 820G Plus is a dual-SIM smartphone having 3G support along with Wi-Fi 802.11 b/g/n, FM radio, Bluetooth 4.0 and GPS. The device is packed by 2,600 mAh non-removable Li-Po battery which can keep it ticking for 560 hours on standby. The battery also provides sufficient juice for 12 hours of non-stop talk time.

Latest Lenovo A7000 Turbo (Black) At Lowest Price

Latest Lenovo A7000 Turbo (Black) At Lowest Price

Lenovo A7000 Turbo (Black)

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Key Features

 5.5 Inch IPS LCD Display Android v5.0 (Lollipop)OS 1.7 GHz,Octa Core Processor 4G Enabled 2GB RAM, 16GB Internal, 32GB Expandable Memory 2900 mAh Li-Ion

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Expert Analysis

The Lenovo A7000 Turbo comes with a 5.5-inch IPS LCD display with a full HD screen resolution which leads to a pixel density of 401ppi which renders sharp visuals and images. The smartphone is powered by an octa-core processor seated on Mediatek MT6752 Chipset which work in tandem to deliver seamless performance. Acting as the face of the device is the Android v5.0 Lollipop operating system.

The phone is stacked with a 13MP autofocus primary camera which comes with Digital image stabilisation and dual LED flash which works well in dim light. The camera inbuilt features include Auto Flash, Continuos Shooting, Exposure compensation, Face detection, Geo tagging, High Dynamic Range mode (HDR), ISO control, PureCel Sensor, Self-timer and Touch to focus. The A7000 Turbo has an inbuilt memory of 16GB which can further be expanded up to 32GB via a microSD card.

 

To keep the device powered on the phone comes with a 2,900mAh li-ion battery which gives long hours of talktime on 3G. To connect to other devices, the phone is provisioned to support 4G, Wi-Fi 802.11, b/g/n, Computer sync, OTA sync and Tethering as well. The phone comes with Dolby Atmos Audio which delivers quality surround system.

 

Latest Huawei Mediapad 7 T1-701U (8GB Wi-Fi 3G) At Lowest Price

Latest Huawei Mediapad 7 T1-701U (8GB Wi-Fi 3G) At Lowest Price

Huawei Mediapad 7 T1-701U (8GB Wi-Fi 3G)

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Key Features

 7 Inch IPS LCD Capacitive touchscreen
 Android 4.4.2 (KitKat) OS
 1.2 GHz Spreadtrum SC7731G (Quad-core )
 3G Enabled
 1GB RAM, 8GB Internal ,32GB Expandable Memory
 Li-Ion, 4100 mAh
 2 MP Primary, 2 MP Seconday Camera
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Expert Analysis

The Huawei MediaPad T1 7.0 features an IPS 7-inch display that reproduces over 90% of Adobe RGB color to deliver brighter colors and contrasts. With its 16M true color WSVGA screen, you can also get a clear image display viewable from 178 degree wide-view angle. It is powered by a 1.2GHz quad-core processor seated in an Spreadtrum SC7731G chipset. The CPU is coupled with 1GB RAM and Mali-400 MP2 which assures smooth running of games. It runs on Android Kitkat operating system.

 

The Huawei MediaPad T1 7.0 comes with a 2MP main camera. It also has a front camera of 2MP for online video chatting and selfies. The tablet has an internal memory of 8GB which can be further extended to 32GB with a microSD card. 

 

It is a single SIM tablet which offers a range of connectivity options like GPRS, EDGE, 3G, Voice Calling, Wi-Fi with a speed of 802.11, b/g/n, Bluetooth and a USB port. The tablet is backed by a 4,100mAh Li-Polymer battery, which should give you over 300hrs of standby time, also internet use for up to 8hrs, usable hours up to 12hrs without worrying about recharging.