IIM Indore campus witnessed presence of a large number of industrialists, entrepreneurs and students on Wednesday at a special occasion, being an opportunity to meet Sanjeev Sinha, listen to his inspirational success story and learn how to get funding from Japan for startups.
IIM Indore in collaboration with TiE Madhya Pradesh had invited Sanjeev Sinha for an interactive session on the topic ‘low Cost Funding From Japan- The Opportunities and the Challenges’. The event also had TiE Madhya Pradesh members along with various delegates.
The event began with a lamp lighting ceremony, followed by a welcome address by Professor Rishikesha T Krishnan, Director, IIM Indore.
Sanjeev Sinha began his talk sharing his last 20 years in Japan and how the country has changed in so many years. ‘Earlier Japan had just 5000 Indians, which now increased to 30,000. However, this population is still less as compared to USA—and that’s the reason which keeps us a bit distant from Japan, ie lack of proper networking’, he said. Discussing about Indore and the facilities available in the city, Sinha said that with proper human resources, financial stability and growth, Indore can be a hub for more industries—even the AI sector.
He then went on to discuss about how India and Japan should collaborate and work together. ‘Japan’s vision is to realise the huge untapped bilateral potential by combining abundant long term and low cost capital and the environment friendly and safe technology with the growth potential and global prowess of India. Decision making process is much rigid in Japan and the country thinks of long term perspective, while India can utilize that in an efficient manner, since the decision making process here is dynamic’, he said.